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Nonprofit · EIN 35-1966459

AFFORDABLE HOUSING CORPORATION OF MARION INDIANA

Tax-exempt · MARION, IN 46953

Financials

$1.2M$1.4M2022$1.8M$1.5M2023$3.9M$3.3M2024
Revenue Expenses · by fiscal year end
Financials of AFFORDABLE HOUSING CORPORATION OF MARION INDIANA by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$3,943,877$3,282,544$661,333$8,088,931$244,285$7,844,646
June 30, 2024990$1,813,404$1,515,102$298,302$7,251,541$128,552$7,122,989
June 30, 2023990$1,240,792$1,444,531-$203,739$6,929,743$152,412$6,777,331
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$734,818
of which government grants
$166,332
Program service revenue
$3,162,276
Investment income
$46,783
Net gain from sales of assets
-$487
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$530,370
Salaries, compensation and benefits (total)
$566,190
Professional fundraising fees
$0
Legal fees
$3,957
Accounting fees
$28,076
Travel
$505
Depreciation
$236,630
Program services (functional)
$1,239,839
Management and general (functional)
$2,042,705

Balance sheet and other

Total assets, start of year
$7,251,541
Total assets, end of year
$8,088,931
Total liabilities, end of year
$244,285
Net assets, end of year
$7,844,646
Land, buildings and equipment
$3,899,603
Publicly traded securities
$805,886
Net assets without donor restrictions
$7,464,461
Net assets with donor restrictions
$380,185
Gross receipts
$3,944,364
Employees
17
Volunteers
25
Year formed
1995
State of legal domicile
IN

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
JANET BARNETTPRESIDENT
Trustee or director, Officer
1$0
LORRI COXEXECUTIVE DI
Trustee or director, Officer
40$0
CHARLES HERRIMANV-PRESIDENT
Trustee or director, Officer
1$0
KAYLA JOHNSONDIRECTOR
Trustee or director
1$0
ELIZABETH KACHELSECRETARY/TR
Trustee or director, Officer
1$0
ROBERT MCHENRYDIRECTOR
Trustee or director
1$0
PATRICIA MCCLUNGDIRECTOR
Trustee or director
1$0
990 for the year ended June 30, 2024: 7 people
NameTitleHours / weekCompensation
JANET BARNETTPRESIDENT
Trustee or director, Officer
1$0
LORRI COXEXECUTIVE DI
Trustee or director, Officer
40$0
CHARLES HERRIMANV-PRESIDENT
Trustee or director, Officer
1$0
KAYLA JOHNSONDIRECTOR
Trustee or director
1$0
TASHIMA NICOLE JOHNSONDIRECTOR
Trustee or director
1$0
ELIZABETH KACHELSECRETARY/TR
Trustee or director, Officer
1$0
PATRICIA MCCLUNGDIRECTOR
Trustee or director
1$0
990 for the year ended June 30, 2023: 7 people
NameTitleHours / weekCompensation
JANET BARNETTPRESIDENT
Trustee or director, Officer
1$0
LORRI COXEXECUTIVE DI
Trustee or director, Officer
40$0
CHARLES HERRIMANV-PRESIDENT
Trustee or director, Officer
1$0
KAYLA JOHNSONDIRECTOR
Trustee or director
1$0
TASHIMA NICOLE JOHNSONDIRECTOR
Trustee or director
1$0
ELIZABETH KACHELTREASURER
Trustee or director, Officer
1$0
PATRICIA MCCLUNGDIRECTOR
Trustee or director
1$0

Address and contacts

Address (IRS master file)
812 S WASHINGTON ST, MARION, IN 46953-1967
Principal officer (990 for 2024)
LORRI COX, 812 S WASHINGTON ST, MARION, IN 46953
Signed the 990
LORRI COX, EXECUTIVE DIRECTOR
Phone
(765) 662-1574
Return prepared by
REA LOGAN & CO LLC CPA'S

Mission

TO PROVIDE HOUSING, COMMUNITY AND ECONOMIC DEVELOPMENT PROJECTS AND SOCIAL SERVICES THAT BENEFIT LOW AND MODERATE INCOME PERSONS. TO PROVIDE SERVICES TO BENEFICIARIES THROUGH ITS HOUSING COUNSELING PROGRAM, DOWN PAYMENT ASSISTANCE PROGRAM, MATCHED SAVINGS ACCOUNT PROGRAM, SMALL BUSINESS SUPPORT PROGRAM, RENTAL HOUSING, AND HOUSING DEVELOPMENT/REHAB PROGRAM. ALSO TO SERVE AS THE SPONSOR/DEVELOPER/ADMINISTRATOR/CONSULTANT FOR NUMEROUS COMMUNITY DEVELOPMENT PROJECTS OWNED/OPERATED BY OTHER NONPROFIT ENTITIES.

990 for the year ended June 30, 2025

Program accomplishments

  • PROVIDE ASSISTANCE TO LOW INCOME FAMILIES TO OBTAIN AFFORDABLE HOUSING IN THE GRANT COUNTY COMMUNITY TO DEVELOP PROJECTS AND PROVIDE COUNSELING TO ACHIEVE AFFORDABLE HOUSING.
    Expenses $1,239,839

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
35-1966459
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1996
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$8,088,931
Income (IRS master file)
$3,944,364

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$3,943,877$3,282,544$8,088,931IRS
990June 2024$1,813,404$1,515,102$7,251,541XML
990June 2023$1,240,792$1,444,531$6,929,743XML
990June 2022$1,718,206$1,737,280$7,082,987IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 35-1966459).

Questions about AFFORDABLE HOUSING CORPORATION OF MARION INDIANA

What is the EIN of AFFORDABLE HOUSING CORPORATION OF MARION INDIANA?
The employer identification number (EIN) of AFFORDABLE HOUSING CORPORATION OF MARION INDIANA is 35-1966459.
Is AFFORDABLE HOUSING CORPORATION OF MARION INDIANA tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1996.
Are donations to AFFORDABLE HOUSING CORPORATION OF MARION INDIANA tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does AFFORDABLE HOUSING CORPORATION OF MARION INDIANA file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of AFFORDABLE HOUSING CORPORATION OF MARION INDIANA due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did AFFORDABLE HOUSING CORPORATION OF MARION INDIANA last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of AFFORDABLE HOUSING CORPORATION OF MARION INDIANA?
The 990 for the year ended June 30, 2025 names LORRI COX.
Who are the officers and directors of AFFORDABLE HOUSING CORPORATION OF MARION INDIANA?
The 990 for the year ended June 30, 2025 lists 7 people; 0 received compensation from the organization.
How much revenue does AFFORDABLE HOUSING CORPORATION OF MARION INDIANA have?
On its 990 for the year ended June 30, 2025 it reported revenue of $3,943,877, expenses of $3,282,544 and total assets of $8,088,931 at year end.

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