IDAHO HOUSING FOUNDATION Charity Report

Public IRS 990 nonprofit record

IDAHO HOUSING FOUNDATION

EIN 75-3162969 · Housing Support (L80)

What they do

to Enhance Safe, Stable and Affordable Housing Throughout Idaho. (Continued On Schedule O)The Idaho Housing Foundation, Inc. Helps People Build A Strong Foundation for Their Lives Through Stable, Safe, and Affordable Housing. The Foundation Supports Shelters and Shelter Services for Idahos Homeless and Most Disadvantaged, Helps Clients Avoid Eviction and Prevent Homelessness, Encourages Asset Building to Help Clients Build Financial Independence, and Facilitates Tax-advantaged Property Donations for Affordable Housing Purposes.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $93.70 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders10 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

132.02%of revenue went to mission work93.7% of expenses · Program services

0.98%of revenue went to fundraising0.7% of expenses

$140.94spent for every $100 of revenueSpending was higher than revenue this year.

7.93%of revenue went to management and office costs5.6% of expenses

$1.01in assets for every $1 spent this yearSome assets cannot be spent right away.

96.0%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $663,391 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $95,023 for GERALD M HUNTER (PRESIDENT-IHFA EXECUTIVE DIRECTOR). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$1,620,498

Mission workProgram services$2,139,460132.02% of revenue93.7% of expenses

ManagementOffice and general costs$128,4777.93% of revenue5.6% of expenses

FundraisingAsking for donations$15,9520.98% of revenue0.7% of expenses

Total expenses$2,283,889140.94% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 93.7% mission · 5.6% management · 0.7% fundraisingTotal expenses: 140.94% of revenue

2023Expense mix: 96.3% mission · 1.8% management · 1.9% fundraisingTotal expenses: 187.05% of revenue

2022Expense mix: 87.4% mission · 3.6% management · 9.0% fundraisingTotal expenses: 56.64% of revenue

2021Expense mix: 88.7% mission · 5.3% management · 6.0% fundraisingTotal expenses: 40.16% of revenue

2020Expense mix: 94.6% mission · 2.9% management · 2.5% fundraisingTotal expenses: 104.87% of revenue

2019Expense mix: 97.2% mission · 2.4% management · 0.4% fundraisingTotal expenses: 107.44% of revenue

2018Expense mix: 95.4% mission · 3.5% management · 1.1% fundraisingTotal expenses: 105.13% of revenue

2017Expense mix: 94.9% mission · 3.4% management · 1.7% fundraisingTotal expenses: 75.46% of revenue

Money in and money out

Revenue$1,620,498

Expenses$2,283,889

Annual shortfall $663,391 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$2,139,460 · 93.7% of expenses

Management and office costs$128,477 · 5.6% of expenses

Fundraising$15,952 · 0.7% of expenses

See all reported dollar amounts

Revenue$1,620,498

Expenses$2,283,889

Assets$2,296,984

Income$1,620,498

Contributions$1,554,950

Mission work (program services)$2,139,460

Fundraising$15,952

Grants given$9,056,024

Average grant$33,918

Management and general$128,477

Stocks and bonds$572,296

Accounting fees$19,634

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

GERALD M HUNTERPRESIDENT-IHFA EXECUTIVE DIRECTOR · 1 hrs/week $95,023Base · Other $95,023

JOHN CHUNGTREASURER-IHFA CFO · 2 hrs/week $79,885Base · Other $79,885

BRADY ELLISEXECUTIVE VICE PRESIDENT-IHFA VP · 2 hrs/week $59,646Base · Other $59,646

WAYNE MILLWARD FROM 042025ASST. SECRETARY/TREASURER-IHFA VP · 2 hrs/week $54,225Base · Other $54,225

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (10)

GERALD M HUNTERPRESIDENT-IHFA EXECUTIVE DIRECTOR

JOHN CHUNGTREASURER-IHFA CFO

BRADY ELLISEXECUTIVE VICE PRESIDENT-IHFA VP

WAYNE MILLWARD FROM 042025ASST. SECRETARY/TREASURER-IHFA VP

JEFF NESSETDIRECTOR

MARK DUNHAMVICE CHAIRMAN

NANCY VANNORSDELSECRETARY

SCOT LUDWIGDIRECTOR

STEVEN KEENCHAIRMAN

TRACY SILVERDIRECTOR

About this charity

Recognized since: January 2005
Location: PO Box 7899, Boise, ID 837071899
County: Ada
In care of: Brady Ellis
Primary officer: Brady Ellis, Vice President

How to reach them

WebsiteVisit the charity’s website Emailvanessafry@boisestate.edu Phone(208) 331-4756

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: EIDE BAILLY LLP
NTEE classification: Housing Support (L80)
IRS tax category: Housing Support
Grant-giving organization: Yes