FRONTIER HOUSING INC

MOREHEAD, KY | Rowan County
Affordable Housing

Overview

FRONTIER HOUSING INC
61-0863958
5445 FLEMINGSBURG RD
MOREHEAD, KY 40351
Rowan County
(606) 784-2131

info@FRONTIERKY.ORG
Mission Statement info

FRONTIER HOUSING PROVIDES AFFORDABLE HOUSING SOLUTIONS TO BUILD BETTER COMMUNITIES.

CRA Category info
  • Affordable Housing
Nonprofit location info
  • This nonprofit is not located in any CRA geographies.
Awards & Certifications info
  • CDFI Organization
  • CDFI Award Recipient
  • HUD Counseling Agency
Founded info
Not reported
Total Employees info
Not reported
Total Volunteers info
Not reported
Nonprofit Classification (NTEE Code) info
-

Not reported

IRS Activity Codes info
399
Other housing activities
560
Supplying money, goods or services to the poor
-
Not reported
Standard Business Classification (NAICS Code) info
-
Not reported
Targeted Clients info
  • Children & Youth
  • College Students
  • Disabled
  • Economically Disadvantaged
  • First-Time Homebuyers
  • General Public
  • Homeless
  • Immigrants or Refugees
  • People Needing Credit Counseling
  • Military
  • Minority Individuals
  • Rural Residents
  • Senior Citizens
  • Underbanked or Unbanked
  • Veterans
CRA Income Characteristics info
    This nonprofit has claimed its profile but has not yet provided this information.

CRA Alignment

CRA Category info
Affordable Housing
Creation, rehabilitation, operation or preservation of affordable housing.
What does it mean for a nonprofit to be CRA aligned?
Each nonprofit on Community Qualifier has been reviewed by findCRA utilizing a dual evaluation process. Nonprofits are first evaluated by our proprietary algorithm, CRANIA, and then further validated by our CRA experts. When nonprofit passes both parts of this review, we create a nonprofit profile for them on Community Qualifier. From there, a nonprofit can claim their profile and add additional information including their programs & services, counties served, targeted clients and income groups and more.
Programs & Services info

Not reported by nonprofit


This nonprofit has claimed its profile but has not yet provided this information.
Awards & Certifications info
Community Development Financial Institution info
Date Certified info
10/25/2013
Native American CDFI info
N
Financial Institution Type info
Loan Fund
Community Development Financial Institution Award Recipient info
New Market Tax Credit Recipient info
YearAmountProgramAwardee Name
2014 $1,100,000 CDFI Financial Assistance open_in_new Frontier Housing, Inc.
2021 $676,530 CDFI Financial Assistance open_in_new Frontier Housing, Inc.
2021 $743,000 CDFI Rapid Response Program (COVID-19) open_in_new Frontier Housing, Inc.

Includes CDFI Fund awards granted between January 2013 and December 2023

HUD Counseling Agency info
Counseling Programs Offered info
  • Financial Management/Budget Counseling
  • Home Improvement and Rehabilitation Counseling
  • Mortgage Delinquency and Default Resolution Counseling
  • Pre-Purchase Counseling
  • Pre-Purchase Homebuyer Education Workshops
Low Income Housing Tax Credit Recipient info

IRS Summary

Income
$3.9M
Revenue
$2.5M
Assets
$15.1M

IRS Business Master File Details info

As of March 2024
Exempt Ruling Date info
1975-08
Deductibility Status info
Deductible
Last Tax Filing info
2022
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
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 Publication 78 Details info

As of March 2024
Verified in Publication 78 info
Yes
Deductibility Limitation info
50% (60% for cash contributions)
Organization Description info
A public charity

IRS Form 990 Returns info

Through August 2023
Tax period ending in
2022-03
Tax period ending in
2021-03
Tax period ending in
2020-03
Tax period ending in
2019-03
Tax period ending in
2018-03
Tax period ending in
2017-03

Nonprofit Location

Physical Address info
5445 FLEMINGSBURG RD
MOREHEAD, KY 40351
Rowan County
Area Type info
Not in a Metropolitan or Micropolitan Statistical Area
FIPS Geocoded Address info
NA
MSA/MD info
21
State info
205
County info
9501.00
Tract info
Upper
Income Level info
Core-Based Statistical Area info
Not located in a CBSA.
Combined Statistical Area info
Not located in a CSA.
Metropolitan Division info
Not located in an MD.
Located In info
Low- or Moderate-Income Census Tract info
Opportunity Zone info
Majority Minority Census Tract info 6.14%
FFIEC Designated Distressed Census Tract info
FFIEC Underserved Census Tract info
Geographies Served info

Not reported by nonprofit


This nonprofit has claimed its profile but has not yet provided this information.

Market Data

Census Tract County
9501.00 Rowan County
Population
Total Population 5,965 24,551
Total Households 2,225 8,952
Income
Median Family Income (Census*) $86,083 $50,038
Median Family Income (2023 FFIEC est.) $64,900 $64,900
Tract Income Percentage 158.45% N/A
Below Poverty Level 12.5% 24.6%
Unemployment Level 6.4% 4.6%
Housing
Total Housing Units 2,412 10,539
Total Owner-Occupied Units 73.9% 61.4%
Total Renter-Occupied Units 18.3% 38.6%
Total Vacant Units 7.8% 9.6%
* Census tract income based on 2020 American Community Survey data as reported in the 2023 FFIEC Census Flat File; County income based on 2022 American Community Survey data.
View more than 200 performance context data points for this county now.

Management

13
Total Voting Members
in Governing Body
info
13
Independent Voting Members
in Governing Body
info
Tax Filing Signatory info
Tom Manning-Beavin
(606) 784-2131
Principal Officer info
Tom Manning-Beavin
findCRA Profile Owner
Wendy Puckett
Director of Communications
w.puckett@frontierky.org
Key Policies & Documents info
Written Conflict of Interest Policy
Written Document Retention & Destruction Policy
Written Whistleblower 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
Organization Activities info
Provides Credit Counseling
Conducts Gaming Activities
Engages in Lobbying Activities
Engages in Political Activities
Makes Grants to Individuals
Makes Grants to Organizations

Information in this section is extracted from the nonprofit's e-filed tax return and based on answers provided by the nonprofit in their 990 e-filed for the tax period ending on 2022-03.

A hyphen (“-“) in this section indicates that the information was not required by the IRS or not reported by the nonprofit in its tax return e-filing.

This Nonprofit Profile was created using data available from publicly available government and industry sources, our own research, and information provided directly the nonprofit organization. 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 help.findcra.com.