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Fahe

Fahe

Berea, KY 40403
Tax ID31-0986871

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About this organization

Revenue

$7,883,995

Expenses

$7,877,156

Website

fahe.org

Mission

Fahe is on a mission to eliminate persistent poverty in Appalachia. Our unique collaborative model connects a Network of local, regional, and national leaders, all working together to uplift our nation’s rural places.

About

FAHE WAS FOUNDED AS AN ORGANIZATION TO PROMOTE AFFORDABLE HOUSING IN APPALACHIA BUT HAS EXPANDED ITS GOALS TO NOT ONLY BE A LEADER IN HOUSING CONCERNS, BUT TO PARTNER WITH OTHER ORGANIZATIONS TO IMPACT REGIONAL ISSUES SUCH AS ENERGY EFFICIENCY, HEALTH, EDUCATION, AND ISSUES FOR THE AGING AND ELDERLY. ONE OF THE WAYS IT ACHIEVES THIS IMPACT IS BY HAVING A DIVERSE SET OF BUSINESS LINES THAT RELY ON PARTNERSHIP TO SERVE THE REGION. FAHE'S MORTGAGE LENDING DIVISION, JUSTCHOICE LENDING, HAS PARTNERED WITH THE U.S. DEPT, OF AGRICULTURE AND KEY LENDERS SUCH AS FREEDOM MORTGAGE. FAHE'S CONSULTING DIVISION ROUTINELY WORKS WITH CITY GOVERNMENTS IN OUR REGION TO IMPROVE INFRASTRUCTURE, PROVIDE ECONOMIC DEVELOPMENT, AND NEIGHBORHOOD REVITALIZATION. FAHE ALSO HAS A COMMUNITY LENDING FUND, WHICH OFFERS FINANCING FOR MULTI-FAMILY HOUSING PROJECTS, COMMUNITY FACILITIES, AND MEDICAL FACILITIES THROUGHOUT APPALACHIA. FURTHERMORE, THE 50+ MEMBER FAHE NETWORK EMPLOYS OVER 4,000 FULL-TIME EMPLOYEES. IN ITS 39 YEAR HISTORY, THE FAHE NETWORK HAS SERVED MORE THAN 580,000 APPALACHIANS WITH HOUSING, MADE OVER 908 MILLION IN DIRECT INVESTMENT, AND ACHIEVED A TOTAL CUMULATIVE FINANCIAL IMPACT OF OVER 1.5 BILLION DOLLARS IN THE APPALACHIAN REGION.

Interesting data from their 2020 990 filing

The filing reveals the mission of the non-profit as “Fahe makes a difference by providing opportunities to the appalachian region, which has historically been one of the most impoverished in the nation. these opportunities positively change the lives of over 80,000 individuals annually by connecting other non-profits, communities, and individuals with the resources they need to create better lives. these resources include funding, partnership, education, advocacy, and consulting. our efforts empower families to take the steps needed to buy a home, start a business, or access essential services for their communities. the primary way in which fahe is able to serve the region so effectively is due to its membership network. with 50+ local non-profit organizations across 6 states serving as boots-on-the-ground community liaisons, fahe is able to leverage its expertise through local partners to affect change to those in locations where traditional markets have failed.”.

When detailing its functions, they were listed as: “Fahe makes a difference by providing opportunities to the appalachian region, which has historically been one of the most impoverished in the nation. these opportunities positively change the lives of over 80,000 individuals annually by connecting other non-profits, communities, and individuals with the resources they need to create better lives. these resources include funding, partnership, education, advocacy, and consulting. our efforts empower families to take the steps needed to buy a home, start a business, or access essential services for their communities. the primary way in which fahe is able to serve the region so effectively is due to its membership network. with 50+ local non-profit organizations across 6 states serving as boots-on-the-ground community liaisons, fahe is able to leverage its expertise through local partners to affect change to those in locations where traditional markets have failed.”.

  • According to the law, the state where the non-profit operates has been reported as KY.
  • The filing specifies that the non-profit's address in 2020 was 319 OAK STREET, BEREA, KY, 40403.
  • As of 2020, the non-profit's form shows they have a total of 59 employees.
  • The non-profit has loans outstanding as of 2020.
  • Does not operate a hospital.
  • Does not operate a school.
  • Does not collect art.
  • Provides credit counseling.
  • Does not have foreign activities.
  • Is not a donor advised fund.
  • Is not a private foundation.
  • Expenses are greater than $1,000,000.
  • Revenue is greater than $1,000,000.
  • Revenue less expenses is $6,839.
  • The CEO compensation scheme within the organization is based on a review and endorsement process by a neutral entity.
  • The organization elects its board members.
  • The organization has a written policy that describes how long it will retain documents.
  • The organization has 11 independent voting members.
  • The organization was formed in 1980.
  • The organization has a written policy that addresses conflicts of interest.
  • The organization is required to file Schedule B.
  • The organization is required to file Schedule J.
  • The organization is required to file Schedule O.
  • The organization pays $3,870,841 in salary, compensation, and benefits to its employees.
  • The organization pays $555,026 in fundraising expenses.
  • The organization provides Form 990 to its governing body.
  • The organization has minutes of its meetings.
  • The organization has a written whistleblower policy.
  • The organization has grants to organizations.
  • The organization's financial statements were reviewed by an accountant.

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