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Form 990 for the fiscal year ending December 2024 (IRS tax year 2024).
Builds affordable housing and revitalizes neighborhoods, lifting low-income families in the Kansas City area. For fiscal year 2024 it reported $-89K in revenue, $515K in expenses, and $2.2M in net assets.Pt I
- Type
- Public charity (501(c)(3)) · Housing
- Location
- Lees Summit, MO
- Filings
- 5 on file (2020–2024)
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Summary of the Filing
Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
Compensation history total reportable pay by year · 4 named individuals · Part VII
| Name | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Tom Cole | — | — | — | $127,308 | — |
| Chele Thornton | $6,105 | $62,735 | $117,538 | — | — |
| Thomas Cole | — | — | — | — | $104,308 |
| Micheal Snodgrass | — | — | — | — | $89,050 |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Where the work happens
To increase the production of affordable housing and revitalize neighborhoods throughout the greater kansas city metropolitan area and surrounding communities by applying innovative, energy-efficient, and entrepreneurial business principles as well as to work collaboratively with local cities and their neighborhoods, for-profit builders…
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Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 95% | — | — |
| Overhead ratio | 5% | — | — |
| Fundraising cost ratio | 0% | — | — |
| Revenue growth | -110% | — | — |
| Legal fee ratio | 6% | — | — |
Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.
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Filings & Schedule Manifest
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Sources
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