2026-02-27T16:27:11-06:00 2025-06-30 261600907 ROOF GERDES ERLBACHER PLC 1701 22ND ST STE 201 WEST DES MOINES IA 50266 990 2024-07-01 421446447 AHEAD INC AHEA 6416846551 PO BOX 1110 OTTUMWA IA 52501 CHRIS BOWERS SEC/TREAS 6416846551 2026-02-11 1 0 RYAN ROOF P00810965 5153625672 2024 2025-03-06 01:10:19Z CHRIS BOWERS PO BOX 1110 OTTUMWA IA 52501 395604 0 X AREA15RPC.COM X 1995 IA 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. 4 4 0 0 0 0 557835 357116 29272 35615 0 0 0 2873 587107 395604 0 0 0 0 0 0 0 0 0 107073 92521 107073 92521 480034 303083 3510755 3819414 21379 26955 3489376 3792459 X 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. 0 0 1500 38488 FISCAL YEAR 2011 WAS OUR FIRST YEAR AS PART OF THE REGIONAL HOUSING TRUST FUND. THROUGH THE YEARS WE PROVIDED TENANT RENTAL AND HOMEOWNER UTILITY ASSISTANCE TO SEVERAL HUNDRED QUALFIED LOW INCOME HOUSEHOLDS. RENTAL AND UTILITY ASSISTANCE FUNDS WERE FUNNELED THROUGH THE COUNTY GENERAL RELIEF DIRECTORS, WHO DISPERSED THESE FUNDS TO RECIPIENTS. THERE ARE ALSO OUTSTANDING LOANS TO LOW INCOME HOUSEHOLDS, SO THESE HOMEOWNERS COULD USE THESE FUNDS FOR SUCH THINGS AS ROOFS, GUTTERS, SIDING, FOUNDATION REPAIRS, AND VARIOUS STRUCTURAL IMPROVEMENTS. ALSO, THERE ARE OUTSTANDING LOANS TO DIFFERENT HABITAT FOR HAMANITIES AND TO ADDITIONAL NON-PROFITS FOR CONSTRUCTING OR REPAIRING HOMES IN THE COMMUNITY. 1500 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 4 4 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X CHRIS BOWERS 6416846551 PO BOX 1110 OTTUMWA IA 52501 X DAN STRODA CHARMAN 1.00 X X 0 0 0 DAN TOMETICH VICE-CHAIRMAN 1.00 X X 0 0 0 CHRIS BOWERS SECRETARY/TREASURER 1.00 X X 0 0 0 JOHN HELGERSON DIRECTOR 1.00 X 0 0 0 0 0 0 0 0 0 0 0 335688 21428 357116 INTEREST 31200 31200 FEES 4415 4415 35615 BAD DEBT RECOVERY 2811 2811 MISCELLANEOUS 62 62 2873 395604 38488 0 0 614 614 4000 4000 ADMINISTRATION 83209 83209 FORGIVABLE LOAN 1500 1500 INSURANCE 1384 1384 RECORDING COSTS 946 946 868 868 92521 1500 91021 0 29817 52376 334906 431879 10555 35955 7087 5080 3128390 3294124 3510755 3819414 21379 26955 21379 26955 X 3387984 105806 101392 3686653 3489376 3792459 3510755 3819414 303083 0 X 0 1 X 1 0 X 361923 438476 504286 557835 357116 2219636 361923 438476 504286 557835 357116 2219636 2219636 8347 13202 22184 29272 35615 108620 2328256 0.95330 0.96330 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 LOANS RECEIVABLE 3294124 C 3294124 395604 0 395604 0 395604 92521 0 92521 0 92521 FORM 990, PART VI, SECTION B, LINE 11B REVIEWED BY SECRETARY/TREASURER, WHO DISCUSSES IT WITH THE OTHER BOARD MEMBERS PRIOR TO APPROVAL. FORM 990, PART VI, SECTION B, LINE 12C MEMBERS MONITOR ONE ANOTHER TO ENSURE THAT NO PERCEIVED OR ACTUAL CONFLICT OF INTEREST EXISTS. FORM 990, PART VI, SECTION C, LINE 19 AVAILABLE TO THE PUBLIC UPON REQUEST, DURING NORMAL BUSINESS HOURS.