Low Income Housing Coalition of Alabama
Nonprofit profile at a glance
- EIN
- 262860761
- IRS 990-EZ coverage
- 2012–2024
- Forms available
- Form 990 2022, Form 990-EZ 2024
- Location
- Birmingham, AL, USA
- Phone
- 2059390411
- Rating
- 79
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Alliance/Advocacy
Reported finances
- Revenue
- $171,410
- Expenses
- $79,144
- Assets
- $249,468
- Liabilities
- $73,745
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
12 people listed
Executive titles in this filing
- RUSTY BENNETT (EXECUTIVE DIRECTOR)
- LORI FLOYD (PRESIDENT)
- EULA JACKSON (VICE PRESIDENT)
People named in this filing
- RUSTY BENNETT (EXECUTIVE DIRECTOR)
- LORI FLOYD (PRESIDENT)
- EULA JACKSON (VICE PRESIDENT)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To increase housing opportunities for people in Alabama with the greatest financial need.
What it reported doing in 2024
Increasing housing opportunities for people in Alabama with the greatest financial need. Goals include advocating for a dedicated revenue source for the state housing trust fund, securing a stable membership base, increasing linkages to provide supportive housing, and establishing a statewide housing policy.
Operating model
- Revenue model
- Donor-supported. 94% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - The filed numbers largely add up and a large share of total spending goes to programs. A relatively small share of available resources goes toward mission work and liabilities are high compared with assets.
Rating breakdown
- Financial Efficiency: 60
- Transparency & Controls: 100
- Sustainability: 80
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 41.7%; rating input score 42
- Program expense ratio: 90.3%; rating input score 90
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 53.8%; rating input score 94; 94th percentile among comparable filings
- Total-asset coverage ratio: 3.15; rating input score 90; 90th percentile among comparable filings
- Liabilities to assets ratio: 0.3; rating input score 15; 15th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 3.7% per year; rating input score 100; 42nd percentile among comparable filings
- Revenue growth: 7.9% per year; rating input score 100; 60th percentile among comparable filings
- Asset growth: 12.8% per year; rating input score 100; 68th percentile among comparable filings
Details
- Where the money goes: 41.7% of revenue deployed · 90.3% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $71K in reported program spending
- Leadership: top reported pay $0 · 12 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 3 filed schedules
- Filing history: 9 filing years from 2012 to 2024
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- Related organizations: 1 filed related-organization link
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Financial Efficiency: Mission deployment rate scored 42/100.
- High — Sustainability: Liabilities to assets ratio scored 15/100.