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AHEAD INC

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Public nonprofit record

AHEAD INC

EIN 42-1446447 · Housing & Shelter N.E.C. (L99)

What they do

to HELP FIRST TIME HOMEBUYERS THROUGH LOW INTEREST LOANS. THE LOANS CAN BE UP to $10,000, PAYABLE OVER A MAXIMUM of 10 YEARS, AT A 3% INTEREST RATE, WITH AN EQUAL MONTHLY PAYMENT AMOUNT FROM THE BORROWER. IN ADDITION, FROM THE REGIONAL HOUSING TRUST FUND MONIES RECEIVED, OUR MISSION is to PROVIDE HOUSING REHABILITATION ASSISTANCE to QUALIFIED HOMEOWNERS, and to PROVIDE TENANT RENTAL and UTILITY ASSISTANCE to QUALIFIED INDIVIDUALS. IN ADDITION, A REVOLVING LOAN FUND HAS BEEN ESTABLISHED IN RELATION to THIS PROGRAM for OWNER and RENTAL REHABILITATION LOANS. WE HAVE ALSO ESTABLISHED A HOME BUYER PROGRAM. to QUALIFY for THIS PROGRAM, THE HOUSEHOLDS INCOME HAS to BE $100,000 or LESS AT THE TIME of THE LOAN, MUST BE IN THE 6-COUNTY AREA and INSIDE CITY LIMITS. FURTHERMORE, THE LOANS CAN BE UP to $10,000, PAYABLE OVER A MAXIMUM of 10 YEARS, AT A 3% INTEREST RATE, WITH AN EQUAL MONTHLY PAYMENT AMOUNT FROM THE BORROWER.

Money

Financial picture

Tax year 2024
Revenue$395,604
Expenses$92,521
Assets$3,819,414
Income$395,604
Contributions$357,116
Management$91,021
Accounting fees$4,000

About this charity

Recognized since
January 1995
Location
PO BOX 1110, OTTUMWA, IA 52501
County
Wapello
In care of
CHRIS BOWERS
Primary officer
CHRIS BOWERS, SEC/TREAS

How to reach them

Filing and classification

Latest tax year
2024
Tax period began
July 1, 2024
Return type
990
Tax preparer
ROOF GERDES ERLBACHER PLC
NTEE classification
Housing & Shelter N.E.C. (L99)
IRS tax category
Housing & Shelter N.E.C.
More public IRS record details

These are classification codes from the organization’s public nonprofit record.

Subsection
03
Affiliation
3
Classification
1000
Deductibility
1
Foundation
15
Activity
994381000
Organization
1
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About this report: Information comes from public nonprofit records and may show the latest filing available.

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