2026-04-20T17:38:56-04:00 2025-06-30 882802798 FORGE FINANCIAL & MANAGEMENT CONSULTING 1245 JORDAN CREEK PKWY STE 100 WEST DES MOINES IA 502662343 990 2024-07-01 208640691 AFFORDABLE HOUSING NETWORK INC AFFO 3193656247 5400 KIRKWOOD BLVD SW CEDAR RAPIDS IA 52404 STEVE SCHURING CFO 3193656247 2026-04-20 false JUSTIN A PLATE CPA P00538697 5156203050 2026-04-20 2024 2025-03-06 01:10:19Z MARY BETH O'NEILL 5400 KIRKWOOD BLVD SW CEDAR RAPIDS IA 52404 4424285 false X X TO PROVIDE AFFORDABLE HOUSING TO INDIVIDUALS IN NEED. 9 9 24 26 0 1659242 823212 3000101 3406242 109668 -159910 1742216 140000 6511227 4209544 0 0 1131827 1015250 0 0 4071399 4340092 5203226 5355342 1308001 -1145798 20832758 21028359 9007425 10092407 11825333 10935952 X TO PROVIDE AFFORDABLE HOUSING TO INDIVIDUALS AND FAMILIES IN NEED. false false 4241420 3406242 AFFORDABLE HOUSING RENTALS: AHNI OWNS 399 AFFORDABLE HOUSING RENTAL UNITS AND MANAGES 18 AFFORDABLE HOUSING RENTAL UNITS, FOR A TOTAL OF 417 RENTAL UNITS INTENDED TO BE RENTED TO INDIVIDUALS AND FAMILIES WITH LOW TO VERY LOW INCOME. INCOME BETWEEN 50% AND 80% OF AREA MEDIAN INCOME (AMI) IS "LOW INCOME- AND INCOME BETWEEN 30% AND 50% OF AMI IS "VERY LOW INCOME". AHNI PROVIDES THE FOLLOWING SERVICES TO INSURE A STABLE AND CLEAN LIVING ENVIRONMENT: RENTAL AGENT SERVICES AND FACILITY MAINTENANCE. 582570 NEIGHBORHOOD REVITALIZATION: AHNI OPERATES A NEIGHBORHOOD REVITALIZATION PROJECT IN THE WELLINGTON HEIGHTS NEIGHBORHOOD OF CEDAR RAPIDS DESIGNED TO INCREASE HOME OWNERSHIP, DECREASE DENSITY AND RETURN A NEIGHBORHOOD BACK TO THE MAJESTIC AND STABLE PLACE IT ONCE WAS. AHNI HAS REHABBED & SOLD 52 HOMES AND CURRENTLY HAS 58 RENTAL UNITS IN THE WELLINGTON HEIGHTS NEIGHBORHOOD AND ARE CURRENTLY RENTING PROPERTIES AND BUILDING AS FUNDING AND BUYERS PERMIT. PROPERTIES PREVIOUSLY REHABILITATED ARE OFFERED TO THE COMMUNITY AS IMPROVED RENTALS, AND HOMES FOR SALE WITH THE ULTIMATE GOAL OF GUIDING CHILDREN AND FAMILIES TO SUCCESSFUL OUTCOMES AND STRENGTHENING THE COMMUNITY. IN ADDITION, AHNI OPERATES AN AFFORDABLE HOUSING REVITATLIZATION PROJECT IN DUBUQUE. THIS IS DONE IN CONJUNCTION WITH THE CITY OF DUBUQUE AND THEIR MULTI-YEAR PLAN TO INCREASE HOME OWNERSHIP AND CREATE A STABLE, RESPECTFUL RENTAL ENVIRONMENT. AHNI HAS PURCHASED AND REHABBED 4 PROPERTIES AND SOLD THEM AS AFFORDABLE HOMES IN THE LAST YEAR. 4823990 true true false false false false false false false true true false false false true true false true false false false false false false false false false false false true true false false false false false false false false false false false false false false false true true true false false true 25 0 true 24 true false false false false false false false false X 9 9 false true false false true true true true true false true true true true true true true true true true true true X STEVE SCHURING 3193656247 5400 KIRKWOOD BLVD SW CEDAR RAPIDS IA 52404 MARY BETH O'NEILL PRESIDENT/CE 5.00 45.00 X 0 262463 8974 STEVE SCHURING CFO 5.00 45.00 X 0 164620 7407 JODI BAKER CONTROLLER 5.00 45.00 X 0 136331 9089 DANIELLE ROCCA ADIMIN OFFIC 5.00 45.00 X 0 136797 4088 JENNIFER ROYER VP OF OPERAT 5.00 45.00 X 0 135231 4235 RENEE HAWKIN PROGRAM OFFI 5.00 45.00 X 0 132534 2769 MIKE MITCHELL PROGRAM OFFI 5.00 45.00 X 0 116474 9813 KARY RAY FACILITIES D 5.00 45.00 X 0 118482 3625 RUSS SVENDSEN IT DIRECTOR 5.00 45.00 X 0 113424 2925 RONDA WELPER HR DIRECTOR 5.00 45.00 X 0 103909 3340 DANIELLE RODRIGUEZ PROGRAM DIRE 50.00 X 46741 0 5086 ANNE GRUENWALD RESIGNED FORMER PRESI 0.00 0.00 X 0 51460 0 RICHARD ALLEN DIRECTOR 2.00 X 0 0 0 LYDIA BROWN CHAIR 2.00 X X 0 0 0 JIM CHOATE TREASURER 2.00 X X 0 0 0 NANCY HILL DAVIS VICE CHAIR 2.00 X X 0 0 0 EMILY FLOWERGARDEN DIRECTOR 2.00 X 0 0 0 KARL HOFFMAN SECRETARY 2.00 X X 0 0 0 JERRY HUNT DIRECTOR 2.00 X 0 0 0 TRAVIS KOLDER DIRECTOR 2.00 X 0 0 0 HUNTER SKOGMAN DIRECTOR 2.00 X 0 0 0 46741 1471725 61351 false true false KAY CONSTRUCTION LLC 6081 VALLEY WOOD CT DUBUQUE IA 52002 CONSTRUCTION 630089 TRUENORTH PO BOX 1863 CEDAR RAPIDS IA 52406 INSURANCE 476787 CR MUNICIPAL UTILITIES WATER PO BOX 3255 CEDAR RAPIDS IA 52406 UTILITIES 255349 ASAC 3601 16TH AVE SW CEDAR RAPIDS IA 52404 RENT ASSISTANCE 235545 ADVANTAGE SHEET METAL INC 1160 E 12TH ST DUBUQUE IA 52001 CONSTRUCTION 219154 8 728212 95000 823212 RENTAL INCOME 531110 3182701 3182701 AUXILIARY RENTAL INCOME 531390 223541 223541 3406242 436 436 54395 214741 -160346 -160346 -160346 DEBT FORGIVENESS 531390 140000 140000 140000 4209544 3385896 436 90159 63544 26615 712689 502299 210390 212402 149700 62702 58747 34625 24122 36688 21623 15065 208064 208064 360 360 26314 21350 4964 675106 674280 826 71058 42271 28787 252419 252419 1061248 1056596 4652 533210 530321 2889 REPAIRS AND MAINTENANCE 768245 724964 43281 RENTAL ASSISTANCE 484577 484577 MISCELLANEOUS 64950 14363 50587 PROVISION FOR CREDIT LOSS 52021 52021 47085 42994 4091 5355342 4823990 531352 0 211963 2793 95026 95000 259994 372005 73024 69325 271199 283101 30776581 11056025 18971591 19720556 949961 485579 20832758 21028359 1203783 3079983 2073206 1528000 5058691 4883954 399375 306264 272370 294206 9007425 10092407 X 11825333 10840952 95000 11825333 10935952 20832758 21028359 X -1145798 256417 X false true X true true true X 1170185 669890 508652 1659242 823212 4831181 5185232 5085765 3625525 4742317 3406242 22045081 6355417 5755655 4134177 6401559 4229454 26876262 26876262 111 21882 9307 7037 436 38773 111 21882 9307 7037 436 38773 6037 6037 118316 413385 588343 140000 1260044 6473844 6190922 4731827 6414633 4369890 28181116 0.95370 0.93860 0.00000 0.00000 X PART III, LINE 12 OTHER INCOME 1,260,044 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 14022 868 1553 215 16228 12621 100 1485 184 14022 11523 100 1166 168 12621 13774 -1508 560 183 11523 9714 700 3532 172 13774 1.00000 true false 1747167 1747167 26975782 10054230 16921552 1325241 1001795 323446 728391 728391 19720556 DEPOSITS 290538 CHECKS IN EXCESS OF CASH 3668 294206 X SCHEDULE D, PAGE 2, PART V, LINE 4 IN JUNE OF 2019, AFFORDABLE HOUSING NETWORK ENTERED INTO AN AGREEMENT WITH THE COMMUNITY FOUNDATION OF GREATER DUBUQUE TO CREATE AN ENDOWMENT FUND. THE PURPOSE IS TO INGRAIN THE ORGANIZATION IN THE COMMUNITY AND TO USE THE INVESTMENT INCOME OF THE FUND TO SUPPORT AFFORDABLE HOUSING PROJECTS. SCHEDULE D, PAGE 3, PART X AHNI AND AHNI HOLDINGS ARE RECOGNIZED AS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)3 OF THE INTERNAL REVENUE CODE AND A SIMILAR SECTION OF THE IOWA INCOME TAX LAW, WHICH PROVIDES INCOME TAX EXEMPTION FOR CORPORATIONS ORGANIZED AND OPERATED EXCLUSIVELY FOR RELIGIOUS, CHARITABLE OR EDUCATIONAL PURPOSES. THE ORGANIZATION IS NOT CLASSIFIED AS A PRIVATE FOUNDATION. AHNI PROPERTIES, INC. IS A TAXABLE CORPORATION UNDER THE INTERNAL REVENUE CODE REGULATIONS. AHNI, AHNI PROPERTIES, INC., AND AHNI HOLDINGS ARE SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY PERIODS IN PROGRESS. false false false false false false false false false MARY BETH O'NEILL PRESIDENT/CEO 262463 8974 271437 STEVE SCHURING CFO 164464 156 7407 172027 A LINN COUNTY IOWA 426004338 NONEAVAIL 2007-05-23 5200000 ACQUISITION OF PROPERTY false false false A 5200000 51343 41185 5107472 2007 false false true true A false false false false false false false A false false true false true false false false false A true PURPOSE OF ISSUE DESCRIPTION LINN COUNTY IOWA ACQUISITION OF PROPERTY FORM 990, PAGE 2, PART III, LINE 4B NEIGHBORHOOD REVITALIZATION: AHNI OPERATES A NEIGHBORHOOD REVITALIZATION PROJECT IN THE WELLINGTON HEIGHTS NEIGHBORHOOD OF CEDAR RAPIDS DESIGNED TO INCREASE HOME OWNERSHIP, DECREASE DENSITY AND RETURN A NEIGHBORHOOD BACK TO THE MAJESTIC AND STABLE PLACE IT ONCE WAS. AHNI HAS REHABBED & SOLD 52 HOMES AND CURRENTLY HAS 58 RENTAL UNITS IN THE WELLINGTON HEIGHTS NEIGHBORHOOD AND ARE CURRENTLY RENTING PROPERTIES AND BUILDING AS FUNDING AND BUYERS PERMIT. PROPERTIES PREVIOUSLY REHABILITATED ARE OFFERED TO THE COMMUNITY AS IMPROVED RENTALS, AND HOMES FOR SALE WITH THE ULTIMATE GOAL OF GUIDING CHILDREN AND FAMILIES TO SUCCESSFUL OUTCOMES AND STRENGTHENING THE COMMUNITY. IN ADDITION, AHNI OPERATES AN AFFORDABLE HOUSING REVITATLIZATION PROJECT IN DUBUQUE. THIS IS DONE IN CONJUNCTION WITH THE CITY OF DUBUQUE AND THEIR MULTI-YEAR PLAN TO INCREASE HOME OWNERSHIP AND CREATE A STABLE, RESPECTFUL RENTAL ENVIRONMENT. AHNI HAS PURCHASED AND REHABBED 4 PROPERTIES AND SOLD THEM AS AFFORDABLE HOMES IN THE LAST YEAR. FORM 990, PAGE 6, PART VI, LINE 3 AHNI HAS A MANAGEMENT AGREEMENT IN PLACE BY WHICH AHNI PAYS A FEE TO FOUR OAKS FAMILY AND CHILDREN'S SERVICES FOR ADMINISTRATIVE MANAGEMENT. FORM 990, PAGE 6, PART VI, LINE 6 FOUR OAKS FAMILY AND CHILDREN'S SERVICES IS THE SOLE MEMBER OF AHNI. FORM 990, PAGE 6, PART VI, LINE 7A FOUR OAKS, THE SOLE MEMBER OF AHNI, HAS THE POWER TO APPOINT THREE DIRECTORS, WHICH ARE THEN CONFIRMED BY THE AHNI BOARD. FORM 990, PAGE 6, PART VI, LINE 7B CERTAIN BOARD ACTIONS ARE SUBJECT TO MEMBER (FOUR OAKS) APPROVAL. FORM 990, PAGE 6, PART VI, LINE 11B THE OUTSIDE TAX PREPARER REVIEWS THE FORM 990 IN DRAFT FORM WITH THE PROGRAM DIRECTOR, TOP FINANCIAL OFFICIAL, AND COMMITTEE RESPONSIBLE FOR REVIEW OF THE FORM 990. ALL QUESTIONS AND CONCERNS ARE ADDRESSED TO FULL SATISFACTION BEFORE BECOMING FINAL. THE FINAL FORM 990 IS PROVIDED TO THE FULL BOARD PRIOR TO FILING WITH THE IRS. FORM 990, PAGE 6, PART VI, LINE 12C THE ORGANIZATION REQUIRES ALL OFFICERS, DIRECTORS, AND EMPLOYEES TO SIGN A CONFLICT OF INTEREST STATEMENT ANNUALLY AS WELL AS REPORT ANY DUALITY OF INTEREST AS SOON AS THE INTEREST OCCURS. WHEN HIRING INDENDENT CONTRACTORS FOR MAJOR PROJECTS, THE ORGANIZATION SENDS REQUESTS FOR PROPOSAL (RFPS). FOR MAJOR RECURRING SERVICE CONTRACTS, RFPS ARE DONE EVERY 3-5 YEARS OR MARKET RATES ARE REVIEWED BY MANAGEMENT TO ENSURE THAT THE TERMS FOR RENEWING THE CONTRACT ARE STILL AT COMPETITIVE MARKET RATES. THROUGHOUT THE PROCESS, ANY INTERESTED BOARD MEMBERS AND/OR COMMITTEE MEMBERS MUST ABSTAIN FROM THE DISCUSSION AND THE SELECTION OF A CONTRACTOR. WHERE MAJOR CONFLICTS EXIST, THE BOARD MEMBER WILL EITHER RESIGN AS A BOARD MEMBER OR WITHDRAW HIS/HER FIRM FROM CONSIDERATION FOR THE CONTRACT. AS AN ADDITIONAL SAFEGUARD, MANAGEMENT REVIEWS VENDOR LISTS AND BOARD MEMBER LISTS ANNUALLY. FORM 990, PAGE 6, PART VI, LINE 15A TOP OFFICIALS ARE COMPENSATED BY FOUR OAKS FAMILY & CHILDREN'S SERVICES, A RELATED TAX-EXEMPT ENTITY THAT IS THE SOLE MEMBER OF AHNI. FOUR OAKS UTILIZES A COMPENSATION SETTING COMMITTEE, AN INDUSTRY SALARY SURVEY, AND A MARKET REVIEW AND COMPENSATION COMPARISON OBTAINED EVERY THREE YEARS FROM AN INDEPENDENT ACCOUNTING FIRM. FOUR OAKS RETAINS DOCUMENTATION WITH REGARD TO CRITERIA USED TO ARRIVE AT COMPENSATION FOR OFFICERS. FORM 990, PAGE 6, PART VI, LINE 15B THE PROGRAM DIRECTOR IS COMPENSATED BY AHNI, HOWEVER, THE COMPENSATION IS DETERMINED BY FOUR OAKS. FORM 990, PAGE 6, PART VI, LINE 19 THE ORGANIZATION DOES NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. FORM 990, PART XI, LINE 9 NET ASSET ADJUSTMENT 256,417 FOUR OAKS FAMILY AND CHILDREN'S SERVICES 5400 KIRKWOOD BLVD SW CEDAR RAPIDS IA 52404 420998726 TREATMENT IA 501C3 10 N/A false AHNI HOLDINGS 5400 KIRKWOOD BLVD SW CEDAR RAPIDS IA 52404 271786138 HOUSING IA 501C3 12A AFFORDABLE HOUSING NETWORK INC true false false false false true false false false false false false false true false false true false false false FOUR OAKS FAMILY AND CHILDREN'S SERVICES E 1392629 WRITTEN AGREEMENT FOUR OAKS FAMILY AND CHILDREN'S SERVICES M 71897 COST FOUR OAKS FAMILY AND CHILDREN'S SERVICES P 206067 COST FOUR OAKS FAMILY AND CHILDREN'S SERVICES E 1000000 WRITTEN AGREEMENT