Civic Intelligence

Housing Trust Fund of Johnson County

EIN 01-0764462 • 501(c)3 • Iowa City, IA

Pub. 78 Eligible

Profile

The organization is organized exclusively for the purpose of expanding and strengthening efforts to address the housing, shelter and service needs of lowincome residents of johnson county, iowa.

26 East Market Street 123Iowa City, IA 52245

www.htfjc.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

30th percentile

0.05x

Higher debt load relative to assets than 30% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2025

Liabilities / Revenue

53rd percentile

0.25x

Higher debt load relative to revenue than 53% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2025

Net Margin

87th percentile

44%

Higher net margin than 87% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2025

Top Officer Pay

20th percentile

$91,875

Higher top officer pay than 20% of similar nonprofits.

Top officer pay equals 3.8% of source-year revenue.

501(c)3 • $10M-$25M nonprofits • Source year 2025

Asset Growth

67th percentile

10.0%

Faster asset growth than 67% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2024 to 2025

Revenue Growth

36th percentile

1.1%

Faster revenue growth than 36% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2024 to 2025

Assets

Up

$11,842,060

Up $1,073,836 (+10.0%) from 2024

Liabilities

Down

$607,461

Down $78 (-0.0%) from 2024

Net Assets

Up

$11,234,599

Up $1,073,914 (+11%) from 2024

Revenue

Up

$2,404,119

Up $25,788 (+1.1%) from 2024

Expenses

Down

$1,351,877

Down $12,942 (-0.9%) from 2024

Net Income

Up

$1,052,242

Up $38,730 (+3.8%) from 2024

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$15M$10M$5.0M$0Assets 2011: $1,715,743Liabilities 2011: $25,588Net Assets 2011: $1,690,1552011Assets 2012: $2,057,334Liabilities 2012: $44,898Net Assets 2012: $2,012,4362012Assets 2013: $2,167,750Liabilities 2013: $45,492Net Assets 2013: $2,122,2582013Assets 2014: $2,347,067Liabilities 2014: $45,187Net Assets 2014: $2,301,8802014Assets 2015: $2,382,957Liabilities 2015: $42,657Net Assets 2015: $2,340,3002015Assets 2016: $2,552,777Liabilities 2016: $43,105Net Assets 2016: $2,509,6722016Assets 2017: $3,921,276Liabilities 2017: $34,675Net Assets 2017: $3,886,6012017Assets 2018: $5,137,893Liabilities 2018: $30,957Net Assets 2018: $5,106,9362018Assets 2019: $6,559,284Liabilities 2019: $20,797Net Assets 2019: $6,538,4872019Assets 2020: $7,760,208Liabilities 2020: $16,669Net Assets 2020: $7,743,5392020Assets 2021: $9,062,561Liabilities 2021: $13,061Net Assets 2021: $9,049,5002021Assets 2022: $10,162,907Liabilities 2022: $9,106Net Assets 2022: $10,153,8012022Assets 2023: $9,333,036Liabilities 2023: $207,624Net Assets 2023: $9,125,4122023Assets 2024: $10,768,224Liabilities 2024: $607,539Net Assets 2024: $10,160,6852024Assets 2025: $11,842,060Liabilities 2025: $607,461Net Assets 2025: $11,234,5992025

Highlighted filing

2025

Assets$11,842,060
Liabilities$607,461
Net Assets$11,234,599

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$3.0M$2.0M$1.0M$0Expenses 2011: $384,7672011Expenses 2012: $190,0002012Revenue 2013: $336,577Expenses 2013: $226,755Net Income 2013: $109,8222013Revenue 2014: $319,513Expenses 2014: $140,698Net Income 2014: $178,8152014Revenue 2015: $370,127Expenses 2015: $331,889Net Income 2015: $38,2382015Revenue 2016: $563,735Expenses 2016: $395,601Net Income 2016: $168,1342016Revenue 2017: $1,652,300Expenses 2017: $288,040Net Income 2017: $1,364,2602017Revenue 2018: $1,503,296Expenses 2018: $294,025Net Income 2018: $1,209,2712018Revenue 2019: $1,632,334Expenses 2019: $208,638Net Income 2019: $1,423,6962019Revenue 2020: $1,663,345Expenses 2020: $461,222Net Income 2020: $1,202,1232020Revenue 2021: $1,539,036Expenses 2021: $272,729Net Income 2021: $1,266,3072021Revenue 2022: $1,587,471Expenses 2022: $452,184Net Income 2022: $1,135,2872022Revenue 2023: $2,311,374Expenses 2023: $952,652Net Income 2023: $1,358,7222023Revenue 2024: $2,378,331Expenses 2024: $1,364,819Net Income 2024: $1,013,5122024Revenue 2025: $2,404,119Expenses 2025: $1,351,877Net Income 2025: $1,052,2422025

Highlighted filing

2025

Revenue$2,404,119
Expenses$1,351,877
Net Income$1,052,242

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$11.8$0.61$11.2$2.40$1.35$1.05
2024Detailed filing. Detailed filing data is available for this year.$10.8$0.61$10.2$2.38$1.36$1.01
2023Detailed filing. Detailed filing data is available for this year.$9.33$0.21$9.13$2.31$0.95$1.36
2022Detailed filing. Detailed filing data is available for this year.$10.2$0.01$10.2$1.59$0.45$1.14
2021Detailed filing. Detailed filing data is available for this year.$9.06$0.01$9.05$1.54$0.27$1.27
2020Detailed filing. Detailed filing data is available for this year.$7.76$0.02$7.74$1.66$0.46$1.20
2019Detailed filing. Detailed filing data is available for this year.$6.56$0.02$6.54$1.63$0.21$1.42
2018Detailed filing. Detailed filing data is available for this year.$5.14$0.03$5.11$1.50$0.29$1.21
2017Detailed filing. Detailed filing data is available for this year.$3.92$0.03$3.89$1.65$0.29$1.36
2016Detailed filing. Detailed filing data is available for this year.$2.55$0.04$2.51$0.56$0.40$0.17
2015Detailed filing. Detailed filing data is available for this year.$2.38$0.04$2.34$0.37$0.33$0.04
2014Detailed filing. Detailed filing data is available for this year.$2.35$0.05$2.30$0.32$0.14$0.18
2013Summary only. Only limited summary data is available for this year.$2.17$0.05$2.12$0.34$0.23$0.11
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.06$0.04$2.01$0.19
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.72$0.03$1.69$0.38
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Apr 1, 2026
Return Version
2024v5.0
Gross Receipts
$2,404,119
Mission and Program Overview

Mission

The organization is organized exclusively for the purpose of expanding and strengthening efforts to address the housing, shelter and service needs of lowincome residents of johnson county, iowa.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$5,801,209$5,873,040▲ $71,831
Savings and Temporary Cash Investments$4,755,200$5,728,957▲ $973,757
Accounts Receivable$14,412$20,790▲ $6,378
Prepaid Expenses and Deferred Charges$2,312$1,616▼ $696
Land, Buildings, and Equipment, Net$449$1,343▲ $894
Cash and Non-Interest-Bearing Accounts$3$3→ $0
Total Assets$10,768,224$11,842,060▲ $1,073,836
Other Assets Total$194,639$216,311▲ $21,672
Liabilities
Deferred Revenue$600,000$600,000→ $0
Accounts Payable and Accrued Expenses$7,539$7,461▼ $78
Total Liabilities$607,539$607,461▼ $78
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$9,400,854$10,218,681▲ $817,827
Net Assets With Donor Restrictions$759,831$1,015,918▲ $256,087
Total Net Assets Fund Balance$10,160,685$11,234,599▲ $1,073,914
Total Liabilities and Net Assets / Fund Balance$10,768,224$11,842,060▲ $1,073,836

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$1,343$1,170$2,513
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Ellen MccabeExecutive DiFT$91,875$91,875

Board Members and Trustees

NameTitle
Ellen HabelPresident
Andy HodgeDirector
Cody HowellDirector
Erika KublyDirector
Hai HuynhDirector
Jerry AnthonyDirector
Jessica AndinoDirector
Kaleb BeiningDirector
Kirsten FreyDirector
Mikekena Richardson Left 2024Director
Molly MillerDirector
PHIL O'BRIENDirector
Simon AndrewDirector
Steve GordonDirector
Tracey MulcaheyDirector
Zach WahlsDirector
Rod SullivanSecretary
John WarrenTreasurer
Crissy CanganelliVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$2,048,047
Program Service Revenue
$265,468
Investment Income
$90,350
Other Revenue
$254
All Other Contributions
$110,482
Change in Net Assets
$1,052,242

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,404,119
Revenue Not Reported on Form 990
$21,672
Total Revenue per Audited Statements
$2,425,791
Total Revenue per Form 990
$2,404,119
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$650,841
Grants and Similar Amounts Paid$583,884
Salaries, Compensation, and Employee Benefits$117,152
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$583,884--$583,884
Current Officers, Directors, Trustees, and Key Employees$72,243$33,998-$106,241
Fees for Services Accounting$6,479$19,436-$25,915
Other Expenses$9,120$9,402-$9,120
Occupancy$2,240$6,718-$8,958
Insurance$447$7,262-$7,709
Payroll Taxes$5,212$2,453-$7,665
All Other Expenses$5,000$775-$5,775
Other Salaries and Wages$2,208$1,038-$3,246
Office Expenses$547$1,641-$2,188
Conferences and Meetings$353$1,061-$1,414
Information Technology$311$932-$1,243
Fees for Services Lobbying$150$450-$600
Depreciation Depletion-$288-$288
Total Functional Expenses$1,266,423$85,454$0$1,351,877

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,351,877
Total Expenses per Audited Statements$1,351,877
Total Expenses per Form 990$1,351,877
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Shelter HouseIowa City, IA501c3Shelter Rehabilitati$332,906
Connerly Construction LLCCedar Rapids, IA-Housing Rehabilitati$69,095
Cedar Ridge Construction LLCSwisher, IA-Housing Rehabilitati$47,500
L & M ConstructionCedar Rapids, IA-Housing Rehabilitati$40,640
Randy Yakish Construction LLCLone Tree, IA-Housing Rehabilitati$31,300
Shelter HouseIowa City, IA-Rent/deposit Assist$30,252
R & P ConstructionCedar Rapids, IA501c3Housing Rehabilitati$16,500
Iowa Valley Habitat for HumanityIowa City, IA501c3Housing Rehabilitati$15,691
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Rod SullivanBoard DirectorSupportNo$742,424
Simon AndrewBoard DirectorLoan/grantNo$536,801
Erika KublyBoard DirectorSupportNo$520,000
Crissy CanganelliVice PresidentLoan/grantNo$437,287
Ellen HabelBoard PresidentSupportNo$32,000
Tracey MulcaheyBoard DirectorSupportNo$20,000
Jessica AndinoBorad DirectorSupportNo$5,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
Yes
Business relationship with family members
No
Business relationship with organization members
Yes
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

The organization's cpa prepares an initial draft of form 990 and gives it to the executive director for review. The organization's operating committee members also receive a draft copy of form 990 for review. Any changes, corrections, additions, deletions, etc. Are requested by the executive director and/or the treasurer to the cpa. After the changes, corrections, etc. Are made by the cpa, another draft copy may be requested for review. When the cpa has received approval of the most recent draft copy, the form 990 is prepared for filing and is delivered to the organization for final review by the full board and any signatures needed for filing.

Form 990, Page 6, Part VI, Line 12C

Each employee, board member and volunteer of the organization is provided with a copy of the conflict of interest policy statement. All of these individuals should avoid any conflict of interest whenever possible. In the event a conflict of interest should develop, the person who is affected by the conflict of interest must give immediate notice and full disclosure of the conflict, and must abstain from board vote, discussion or other action taken with respect to the situation.

Form 990, Page 6, Part VI, Line 15A

The salary of the executive director is determined by, but not limited to current budget allowance, comparison to amounts paid to persons in similar organizations, and evaluation of job performance.

Form 990, Page 6, Part VI, Line 19

These materials are available for inspection by any person, organization etc that has a reasonable request to see these. Copies may be made at the request of the person or organization that inspects the materials.

Filing and Contact Details

Filer

Filer Name
Housing Trust Fund of Johnson
EIN
01-0764462
Phone
3193580212
Address
26 EAST MARKET STREET 123, IOWA CITY, IA 52245

Signing Officer

Name
John Warren
Title
Treasurer
Phone
3193580212
Signed
2026-04-01

Organization Details

Principal Officer
Ellen Habel
Formed
2002
Legal Domicile
Ia
Voting Board Members
18
Independent Board Members
18
Employees
2
Volunteers
20

Preparer

Firm
Forge Financial & Management Consulting
Address
1245 JORDAN CREEK PKWY STE 100, WEST DES MOINES, IA 50266-2343
Preparer
Justin a Plate CPA
Phone
5156203050
Supplemental Narrative

Financial Statement Notes

Schedule D, Page 3, Part X

The organization is exempt from income taxes under section 501(c)3 of the internal revenue code and a similar section of the iowa income tax law, which provides an income tax exemption for corporations organized and operated exclusively for religious, charitable, or education purposes. The internal revenue service has not determined that the organization is a private foundation. The organization is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress.

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