Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in May 1994.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
88 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
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Who runs it and what they're paid
12 people listed on the 990; $100K paid to officers and key staff.
Julie Iffland’s $100K as Executive Di is at the 19th percentile of top reported officer pay among 2832 $1–10M community development nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 1 named individual · Part VII
| Name | FY2024 | FY2023 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Julie Iffland | $100,000 | $110,000 | $89,535 | $83,066 | $80,566 | $80,566 |
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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Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2No
- Top official's pay set by an independent reviewPt VI · Ln 15aYes
Programs and updates
Strengthens community social and economic assets to improve quality of life and build pride.
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Joslyn house is a shared housing facility with supportive services primarily for low and moderate income individuals, and is restricted to such by affordability covenants. Joslyn house provided affordable housing for approximately twenty-six (26).
Armstrong mobile home park consists of 16 mobile home lots and a house that includes one 2-BEDROOM and one 1-BEDROOM unit, for lease to a mix of primarily low and moderate income families, and is restricted to such use by affordability covenants. Armstrong mobile home park provided affordable housing for approximately twenty-one (21).
Jacobs mobile home park consists of 19 mobile home lots for lease to a mix of primarily low and moderate income families, and is restricted to such use by affordability covenants. Jacobs mobile home park provided affordable housing for approximately twenty-five (25).
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Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2024 990, line by line.
Download 990
| Line | Start FY24 | End FY24 |
|---|---|---|
| Cash and savingsLn 1–2 | $676K | $669K |
| InvestmentsLn 11–13 | $932K | $1.1M |
| Land, buildings, equipmentLn 10c | $3.6M | $3.4M |
| Total assetsLn 16 | $8.4M | $8.3M |
| LiabilitiesLn 26 | $1.4M | $1.1M |
| Net assetsLn 32 | $7.0M | $7.1M |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Grants to domestic organizationsLn 1 | $3K | $3K | ||
| Pay of current officers, directors and key staffLn 5 | $106K | $90K | $16K | |
| Other salaries and wagesLn 7 | $426K | $372K | $54K | |
| Other employee benefitsLn 9 | $69K | $60K | $8K | |
| Payroll taxesLn 10 | $48K | $31K | $17K | |
| Management feesLn 11a | $15K | $15K | ||
| Legal feesLn 11b | $2K | $2K | ||
| Accounting feesLn 11c | $9K | $9K | ||
| Other fees for servicesLn 11g | $57K | $46K | $11K | |
| Advertising and promotionLn 12 | $15K | $15K | $91 | |
| Office expensesLn 13 | $4K | $3K | $2K | |
| OccupancyLn 16 | $136K | $131K | $4K | |
| TravelLn 17 | $2K | $1K | $599 | |
| Conferences, conventions and meetingsLn 19 | $17K | $9K | $9K | |
| InterestLn 20 | $20K | $18K | $2K | |
| Depreciation, depletion and amortizationLn 22 | $130K | $124K | $6K | |
| InsuranceLn 23 | $33K | $30K | $3K | |
| Other expenses (24a–d)Ln 24 | $155K | $144K | $11K | |
| Total functional expensesLn 25 | $1.2M | $1.1M | $155K | $0 |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2024 Latest Viewing | $1.3M | $1.2M | $99K | $7.1M | 990 PDF |
| FY2023 | $1.1M | $1.1M | −$3K | $6.3M | 990 PDF |
| FY2022 | $3.8M | $1.0M | $2.7M | $6.3M | 990 PDF |
| FY2021 | $1.1M | $869K | $182K | $3.6M | 990 PDF |
| FY2020 | $736K | $743K | −$7K | $3.4M | 990 PDF |
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Schedules filed Part IV
See the full FY2024 990 (4 parts)
Part VIII · Statement of revenue $1,347,588 across 7 lines filed
Part IX · Statement of functional expenses $1,248,836 across 18 lines filed
Part X · Balance sheet $8,256,620 assets, 15 lines filed
Part XI · Reconciliation of net assets $7,146,440 net assets at year end
Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File
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