Liabilities / Assets
80th percentile
Higher debt load relative to assets than 80% of similar nonprofits.
Feldhahn Housing Corporation
EIN 42-1352612 • 501(c)4 • Mechanicsville, IA
RevokedNTEE L21
Profile
Non-profit housing funded by usda or hud for elderly or families located in rural communities at low cost.
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
0.98x
Liabilities / Revenue
84th percentile
Higher debt load relative to revenue than 84% of similar nonprofits.
Net Margin
52nd percentile
Higher net margin than 52% of similar nonprofits.
Top Officer Pay
83rd percentile
Higher top officer pay than 83% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
48th percentile
Faster asset growth than 48% of similar nonprofits.
Revenue Growth
34th percentile
Faster revenue growth than 34% of similar nonprofits.
Balance Sheet
Assets
Down$342,970
Down $4,397 (-1.3%) from 2023
Liabilities
Down$334,621
Down $9,522 (-2.8%) from 2023
Net Assets
Up$8,349
Up $5,125 (+159%) from 2023
Revenue
Down$126,956
Down $12,392 (-8.9%) from 2023
Expenses
Up$121,831
Up $8,078 (+7.1%) from 2023
Net Income
Down$5,125
Down $20,470 (-80%) from 2023
Trend Graphs
Filings
Most recent year
2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $342,970
- Liabilities
- $334,621
- Net assets
- $8,349
- Revenue
- $126,956
- Expenses
- $121,831
- Net income
- $5,125
| Balance Sheet | Operations | |||||
|---|---|---|---|---|---|---|
| Year | Assets | Liabilities | Net Assets | Revenue | Expenses | Net Income |
| 2024Detailed filing. Detailed filing data is available for this year. | $3.43 | $3.35 | $0.08 | $1.27 | $1.22 | $0.05 |
| 2023Detailed filing. Detailed filing data is available for this year. | $3.47 | $3.44 | $0.03 | $1.39 | $1.14 | $0.26 |
| 2022Detailed filing. Detailed filing data is available for this year. | $3.33 | $3.56 | $0.23 | $1.58 | $1.16 | $0.42 |
Latest Filing Detail
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2024 to Dec 31, 2024
- Signed
- Feb 21, 2025
- Return Version
- 2024v5.0
- Gross Receipts
- $126,956
Mission and Program Overview
Mission
Non-profit housing funded by usda or hud for elderly or families located in rural communities at low cost.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| SENIOR OR FAMILY LOW INCOME HOUSING. THE PROGRAM HAD A 92% OCCUPANCY RATE IN THE CURRENT YEAR. | - | $108,418 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| LYNNE HOFFMANN | President | - | $0 | - | - |
| RICHARD BULLARD | Vice Preside | - | $0 | - | - |
| GIN POPHAM | Treasurer | - | $0 | - | - |
| JANET SCHLAPKOHL | Director | - | $0 | - | - |
| RON HANSEN | Director | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Feldhahn Housing Corporation
- EIN
- 42-1352612
- Phone
- 5634326160
- Address
- PO BOX 460, MECHANICSVILLE, IA 52306
Signing Officer
- Name
- Lynne Hoffmann
- Title
- President
- Phone
- 5634326160
- Signed
- 2025-02-21
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Forge Financial & Management Consulting
- Address
- 1245 JORDAN CREEK PKWY STE 100, WEST DES MOINES, IA 50266-2343
- Preparer
- Ross Vanlaar CPA
- Phone
- 5156203050
Supplemental Narrative
Additional Explanations
Form 990-ez, Page 1, Item C
“Right way management services”
Form 990-ez, Part I, Line 8
“Laundry income 1,514 tenant charges 397 total 1,911”
Form 990-ez, Part I, Line 16
“Expenses advertising 310 insurance 9,009 capital improvements 4,388 debt payment 29,605 non-investment depreciation 14,274 total 57,586”
Form 990-ez, Part I, Line 20
“Prior period adjustment 0”
Form 990-ez, Part II, Line 24
“Prepaid expenses and deferred charges 4,028 4,028 building improvements 68,137 77,337 less accumulated depreciation 44,442 47,753 equipment 19,500 19,500 total 47,223 53,112”
Form 990-ez, Part II, Line 26
“Accounts payable and accrued expenses 1,442 1,678 unsecured notes and loans payable 339,588 329,430 prepaid rent 0 0 security deposit 3,113 3,513 subsidy clearing 0 0”
Form 990-ez, Part III
“Non-profit housing funded by usda or hud for elderly or families located in rural communities at low cost.”
Raw XML Appendix123 raw XML fields
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | RIGHT WAY MANAGEMENT SERVICES |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 5634326160 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | PO BOX 460 |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | MECHANICSVILLE |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | IA |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 52306 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 62877 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 63554 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 5125 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 13413 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 347367 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 342970 |
| IRS990EZ/GrossReceiptsAmt | 0 | 126956 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InvestmentIncomeAmt | 0 | 61 |
| IRS990EZ/LandAndBuildingsGrp/BOYAmt | 0 | 237267 |
| IRS990EZ/LandAndBuildingsGrp/EOYAmt | 0 | 226304 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 3224 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 8349 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 3224 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 8349 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 36243 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 4 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | LYNNE HOFFMANN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | RICHARD BULLARD |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | GIN POPHAM |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | JANET SCHLAPKOHL |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 4 | RON HANSEN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | VICE PRESIDE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | TREASURER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | DIRECTOR |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501cInd | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 47223 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 53112 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 57586 |
| IRS990EZ/OtherRevenueTotalAmt | 0 | 1911 |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | NON-PROFIT HOUSING FUNDED BY USDA OR HUD FOR ELDERLY OR FAMILIES LOCATED IN RURAL COMMUNITIES AT LOW COST. |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 124984 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | SENIOR OR FAMILY LOW INCOME HOUSING. THE PROGRAM HAD A 92% OCCUPANCY RATE IN THE CURRENT YEAR. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 108418 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 14589 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 344143 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 334621 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 121831 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 108418 |
| IRS990EZ/TotalRevenueAmt | 0 | 126956 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | N/A |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | RIGHT WAY MANAGEMENT SERVICES |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | LAUNDRY INCOME 1,514 TENANT CHARGES 397 TOTAL 1,911 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | EXPENSES ADVERTISING 310 INSURANCE 9,009 CAPITAL IMPROVEMENTS 4,388 DEBT PAYMENT 29,605 NON-INVESTMENT DEPRECIATION 14,274 TOTAL 57,586 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | PRIOR PERIOD ADJUSTMENT 0 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | PREPAID EXPENSES AND DEFERRED CHARGES 4,028 4,028 BUILDING IMPROVEMENTS 68,137 77,337 LESS ACCUMULATED DEPRECIATION 44,442 47,753 EQUIPMENT 19,500 19,500 TOTAL 47,223 53,112 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | ACCOUNTS PAYABLE AND ACCRUED EXPENSES 1,442 1,678 UNSECURED NOTES AND LOANS PAYABLE 339,588 329,430 PREPAID RENT 0 0 SECURITY DEPOSIT 3,113 3,513 SUBSIDY CLEARING 0 0 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | NON-PROFIT HOUSING FUNDED BY USDA OR HUD FOR ELDERLY OR FAMILIES LOCATED IN RURAL COMMUNITIES AT LOW COST. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PAGE 1, ITEM C |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART I, LINE 8 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART I, LINE 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART I, LINE 20 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990-EZ, PART II, LINE 24 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | FORM 990-EZ, PART II, LINE 26 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | FORM 990-EZ, PART III |
| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | LYNNE HOFFMANN |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 5634326160 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2025-02-21 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | FELDHAHN HOUSING CORPORATION |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | FELD |
| ReturnHeader/Filer/EIN | 0 | 421352612 |
| ReturnHeader/Filer/PhoneNum | 0 | 5634326160 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | PO BOX 460 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | MECHANICSVILLE |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | IA |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 52306 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | false |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 882802798 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | FORGE FINANCIAL & MANAGEMENT CONSULTING |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 1245 JORDAN CREEK PKWY STE 100 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | WEST DES MOINES |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | IA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 502662343 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 5156203050 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2025-02-21 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | ROSS VANLAAR CPA |
| ReturnHeader/ReturnTs | 0 | 2025-02-21T11:09:09-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2024-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2024-12-31 |
| ReturnHeader/TaxYr | 0 | 2024 |
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