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Lighthouse Housing Foundation Inc.

Lighthouse Housing Foundation Inc.

Iowa City, IA 52240
Tax ID45-2942323

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About this organization

Revenue

$3,141,564

Expenses

$3,335,374

Mission

To provide decent, safe, clean housing for rent at an affordable rate to low to moderate income individuals, including families, elderly and the handicapped, as appropriate.

About

Lighthouse develops, acquires, rehabilitates, owns and operates affordable housing rental units intended to be rented to individuals and families with low and very-low incomes. The housing units are occupied by residents that qualify as low income and very-low income individuals and families as defined by the income limits established by the U.S. Department of Housing and Urban Development (HUD).

Interesting data from their 2020 990 filing

The filing clearly states the mission of the non-profit as “Lighthouse provides decent, safe, clean housing for rent at an affordable rate to low to moderate income individuals, including families, elderly and the handicapped, as appropriate.”.

When outlining its functions, they were explained as: “To provide decent, safe, clean housing for rent at an affordable rate to low to moderate income individuals, including families, elderly and the handicapped, as appropriate.”.

  • In compliance with legal regulations, the non-profit has reported their state of operation as IA.
  • The filing records the non-profit's address for 2020 as 3692 FOREST GATE DR, IOWA CITY, IA, 52240.
  • As of 2020, the non-profit's form reports a total of 0 employees.
  • Is not a private foundation.
  • Expenses are greater than $1,000,000.
  • Revenue is greater than $1,000,000.
  • Revenue less expenses is -$193,810.
  • The organization has 3 independent voting members.
  • The organization was formed in 2008.
  • The organization pays $447,256 in salary, compensation, and benefits to its employees.
  • The organization pays $0 in fundraising expenses.

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