NonprofitsIona House Corporation

Housing & Shelter

Iona House Corporation

BONITA SPGS, FL

Total revenue

$139K

Total expenses

$133K

Net assets

$1.3M

Grants received

$217K

10 grants

EIN

650421306

Tax year

2024

Mission

Iona seeks to move families from subsidized housing to that of the market. All annual rent increases go into a savings program which is provided to the tenant upon the end of the tenancy. Eventually, the tenant will have enough funding for the down payment of home purchase or able to afford market rate rents.

Programs

2 programs

Expenses associated with preparing a currently owned, vacant lot to build a new 3-bedroom, 2-bath rental home on Bonita Dr. Major expenses included underground utilities setup, legal and engineering/ survey fees.

Expenses: $89K

Developed "no interest loan" program for utilities and housing needs. Repayment made financially or through "giving back" to the community. Case management coordinated with a local Agency.

0

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue
Investment income$36K
Other revenue$103K
Total revenue$139K

Expenses

Grants paid
Salaries & benefits
Fundraising
Other expenses$133K
Total expenses$133K
Total assets$1.3M
Net assets$1.3M

People

7 listed

NameRoleCompensation

Joseph Gill

Director

Board

1 hrs/wk

Charles Kaluza

Director

Board

1 hrs/wk

Donald Trew

Director

Board

1 hrs/wk

Paul Kiernan

Director

Board

1 hrs/wk

Joseph Gallagher

President

Board

4 hrs/wk

Rigoberto Rodriguez

Vice-President

Board

8 hrs/wk

Michael Frino

Secretary/Treasurer

Board

3 hrs/wk

Grants received

Showing 10 of 10

FromAmountPurposeYear
$100
CHARITABLE
2024
$500
PROGRAM SUPPORT
2021
$15K
UNRESTRICTED
2020
$500
PROGRAM SUPPORT
2020
$100
CHARITABLE
2020
$1K
OPERATIONAL SUPPORT
2019

Funded by

$217K from 6 funders · 10 grants · 2019–2024

The Forster Family Foundation

$125K · 2 grants · 2020–2023

The Forster-Connolly Foundation

$75K · 2 grants · 2020–2022

The Rapoport Family Foundation

$15K · 1 grant · 2020

The Wapakoneta Foundation

$1K · 2 grants · 2020–2021

Cadence Bank Foundation

$1K · 1 grant · 2019

Maxon Foundation

$200 · 2 grants · 2020–2024

Details

EIN650421306
NTEE codeL20
Subsection03
Ruling date2003-07
Formed1993
Employees0
Volunteers7
IONA HOUSE CORPORATION — Mission, Financials & Grants Received | Grantivo