IRS 990 Nonprofit Profile

Ahead INC

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 household's 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.

Filing year
2024
Total revenue
$396K
Total expenses
$93K
Program expenses
$2K
Administration
$91K
Fundraising
$0
Program share of expenses
2%
EIN
421446447
Location
Ottumwa, IA

AREA15RPC.COM

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Financial data on this page is sourced from IRS Form 990 filings.