FOUNDATION FOR RURAL HOUSING INC

MADISON, WI | Dane County
Affordable Housing

Overview

FOUNDATION FOR RURAL HOUSING INC
39-1395627
4510 REGENT ST
MADISON, WI 53705
Dane County
(608) 291-2603

Mission Statement info

(1)ASSIST LOW-INCOME FAMILIES OBTAIN ADEQUATE, SAFE SANITARY HOUSING; (2)HELP LOW-INCOME HOUSEHOLDS ACQUIRE APPROPRIATE WATER AND WASTEWATER SERVICES; (3)ENABLE SMALL COMMUNITIES AND LOCAL ORGANIZATIONS TO MORE EFFECTIVELY ADDRESS THE NEEDS OF THOSE WITH SUBSTANDARD SHELTER; (4)DEMONSTRATE NEW SERVICES AND NEW APPROACHES TO ADDRESS RURAL HOUSING PROBLEMS, AND (5)ALERT THE PUBLIC AND PRIVATE SECTORS ABOUT THE HOUSING, WATER, AND COMMUNITY DEVELOPMENT NEEDS OF LOW-INCOME RURAL RESIDENTS.

Founded info
1970
Total Employees info
6
Total Volunteers info
7
CRA Category info
  • Affordable Housing
Nonprofit location info
  • This nonprofit is not located in any CRA geographies.
Awards & Certifications info
  • This nonprofit has not received any CRA awards or certifications.
Nonprofit Classification (NTEE Code) info
L80

L - Housing, Shelter

Housing Support

Organizations that provide supportive services which help people obtain and remain in suitable housing. Use this code for organizations that provide multiple supportive services or for supportive services specified below.

IRS Activity Codes info
398
Instruction and guidance on housing
149
Other instruction and training
-
Not reported
Standard Business Classification (NAICS Code) info
624229
Other Community Housing Services

CRA Alignment

CRA Category info
Affordable Housing
Creation, rehabilitation, operation or preservation of affordable housing.
CRA Certification info
Has not applied.
Awards & Certifications info
Community Development Financial Institution info
Community Development Financial Institution Award Recipient info
New Market Tax Credit Recipient info
HUD Counseling Agency info
Low Income Housing Tax Credit Recipient info

IRS Summary

Income
$361.2K
Revenue
$361.2K
Assets
$185.1K
Exempt Ruling Date info
1983-06
Deductibility Status info
Deductible
Tax Filing Year info
2018
Organization Type info
Corporation
Organization Tax Filing Status info
990 (all other) or 990EZ return
Foundation Tax Filing Status info
990-PF not required by IRS
Affiliation Classification info
Independent Organization
States Where Tax Return is Filed info
WI
Basis for Foundation/Public Charity Status info
Organization which receives a substantial part of its support from a governmental unit or the general public 170(b)(1)(A)(vi)
IRS Reported Activities info
Provides Credit Counseling
Conducts Gaming Activities
Engages in Lobbying Activities
Engages in Political Activities
Makes Grants to Individuals
Makes Grants to Organizations

Nonprofit Location

Physical Address info
4510 REGENT ST
MADISON, WI 53705
Dane County
FIPS Geocoded Address info
31540
MSA/CBSA info
55
State info
025
County info
0003.00
Tract info
Middle
Income Level info
Core-Based Statistical Area info
Madison, WI
Combined Statistical Area info
Madison-Janesville-Beloit, WI
Metropolitan Division info
Not located in an MD.
Area Type info
Metropolitan Statistical Area
Located In info
Low- or Moderate-Income Census Tract info
Opportunity Zone info
Majority Minority Census Tract info 35.81%
Designated Distressed Census Tract info
Underserved Census Tract info

Market Data

Census Tract County
0003.00 Dane County
Population
Total Population 5,124 536,078
Total Households 2,831 222,929
Income
Median Family Income (Census*) $88,500 $73,893
Median Family Income (2019 FFIEC) $94,200 N/A
Tract Income Percentage 108.82% N/A
Below Poverty Level 11.9% 10.9%
Unemployment Level 5.4% 2.6%
Housing
Total Housing Units 3,076 232,924
Total Owner-Occupied Units 26.3% 58.2%
Total Renter-Occupied Units 65.7% 41.8%
Total Vacant Units 8.0% 4.2%
* Census tract income based on 2019 Census estimated data; County income based on 2019 American Community Survey data.
View more than 200 performance context data points for this county now.

Management

7
Total Voting Members
in Governing Body
info
7
Independent Voting Members
in Governing Body
info
Tax Filing Signatory info
Jenny Fasula
Executive Director
(608) 238-3448
Principal Officer info
Jenny Fasula
Key Policies & Documents info
Written Conflict of Interest Policy
Written Document Retention & Destruction Policy
Written Wistleblower Policy
CEO Compensation Review Process
Written Minutes of Board Meetings
Financial Statements & Reporting info
Compiled or Reviewed by an Independent Accountant
Audited by an Independent Accountant
Included in Consolidated Financial Statements
Internal Audit Committee Review
Federal Grant Audit Required
Federal Grand Audit Performed

"NA" in this section indicates that the information was not available in the nonprofit's most recent IRS tax filing.

This Nonprofit Profile was automatically created by findCRA based on data available from publicly available government and industry sources and our own research. This Nonprofit Profile is not currently maintained by, endorsed by, or affiliated with this nonprofit. Whenever possible, we utilize the most recent information available including information as made public by the Internal Revenue Service, U.S. Census Bureau, Federal Financial Institutions Examination Council, and more. The format and design of this Nonprofit Profile is ©findCRA. For more information about our Nonprofit Profiles, please visit www.learncra.com.