Civic Intelligence

Foundation for Affordable Housing Inc

EIN 61-1192747 • 501(c)3 • Lexington, KY

Profile

Create safe, comfortable, high-quality, affordable homes for very lowto moderate income people.

169 Deweese StreetLexington, KY 40507

n/A

Siviq Scores

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

Liabilities / Assets

50th percentile

0.07x

Higher debt load relative to assets than 50% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

69th percentile

0.23x

Higher debt load relative to revenue than 69% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

54th percentile

6.3%

Higher net margin than 54% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

52nd percentile

$64,608

Higher top officer pay than 52% of similar nonprofits.

Top officer pay equals 4.7% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

45th percentile

1.9%

Faster asset growth than 45% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

52nd percentile

8.3%

Faster revenue growth than 52% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets50th percentile

Assets

Up

$4,702,115

Up $86,602 (+1.9%) from 2023

Liabilities

Up

$308,943

Up $387 (+0.1%) from 2023

Net Assets

Up

$4,393,172

Up $86,215 (+2.0%) from 2023

Operations
Liabilities / Revenue69th percentileNet Margin54th percentile

Revenue

Up

$1,370,647

Up $105,286 (+8.3%) from 2023

Expenses

Up

$1,284,430

Up $185,951 (+17%) from 2023

Net Income

Down

$86,217

Down $80,665 (-48%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth45th percentile

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

$6.0M$4.0M$2.0M$0Assets 2011: $2,067,439Liabilities 2011: $563,620Net Assets 2011: $1,503,8192011Assets 2012: $1,245,371Liabilities 2012: $588,420Net Assets 2012: $656,9512012Assets 2013: $1,122,502Liabilities 2013: $537,825Net Assets 2013: $584,6772013Assets 2014: $1,340,670Liabilities 2014: $652,733Net Assets 2014: $687,9372014Assets 2015: $1,411,727Liabilities 2015: $682,010Net Assets 2015: $729,7172015Assets 2016: $1,603,254Liabilities 2016: $641,397Net Assets 2016: $961,8572016Assets 2017: $1,672,385Liabilities 2017: $620,151Net Assets 2017: $1,052,2342017Assets 2018: $1,770,449Liabilities 2018: $601,787Net Assets 2018: $1,168,6622018Assets 2019: $1,945,843Liabilities 2019: $510,704Net Assets 2019: $1,435,1392019Assets 2020: $2,223,553Liabilities 2020: $500,200Net Assets 2020: $1,723,3532020Assets 2021: $2,410,355Liabilities 2021: $508,430Net Assets 2021: $1,901,9252021Assets 2022: $2,889,245Liabilities 2022: $514,063Net Assets 2022: $2,375,1822022Assets 2023: $4,615,513Liabilities 2023: $308,556Net Assets 2023: $4,306,9572023Assets 2024: $4,702,115Liabilities 2024: $308,943Net Assets 2024: $4,393,1722024

Highlighted filing

2024

Assets$4,702,115
Liabilities$308,943
Net Assets$4,393,172
Open 2024 Filing

Operations Trend

Revenue Growth52nd percentile

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

$1.5M$1.0M$500K$0-$500KRevenue 2011: $469,180Expenses 2011: $479,506Net Income 2011: -$10,3262011Expenses 2012: $519,8992012Revenue 2013: $575,731Expenses 2013: $631,867Net Income 2013: -$56,1362013Revenue 2014: $694,495Expenses 2014: $602,428Net Income 2014: $92,0672014Revenue 2015: $647,879Expenses 2015: $588,556Net Income 2015: $59,3232015Revenue 2016: $837,252Expenses 2016: $585,176Net Income 2016: $252,0762016Revenue 2017: $735,124Expenses 2017: $620,335Net Income 2017: $114,7892017Revenue 2018: $723,923Expenses 2018: $587,084Net Income 2018: $136,8392018Revenue 2019: $871,668Expenses 2019: $567,943Net Income 2019: $303,7252019Revenue 2020: $855,140Expenses 2020: $540,517Net Income 2020: $314,6232020Revenue 2021: $806,292Expenses 2021: $570,839Net Income 2021: $235,4532021Revenue 2022: $787,184Expenses 2022: $583,403Net Income 2022: $203,7812022Revenue 2023: $1,265,361Expenses 2023: $1,098,479Net Income 2023: $166,8822023Revenue 2024: $1,370,647Expenses 2024: $1,284,430Net Income 2024: $86,2172024

Highlighted filing

2024

Revenue$1,370,647
Expenses$1,284,430
Net Income$86,217
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$4,702,115
Liabilities
$308,943
Net assets
$4,393,172
Revenue
$1,370,647
Expenses
$1,284,430
Net income
$86,217
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.70$0.31$4.39$1.37$1.28$0.09
2023Summary only. Only limited summary data is available for this year.$4.62$0.31$4.31$1.27$1.10$0.17
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.89$0.51$2.38$0.79$0.58$0.20
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.41$0.51$1.90$0.81$0.57$0.24
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.22$0.50$1.72$0.86$0.54$0.31
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.95$0.51$1.44$0.87$0.57$0.30
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.77$0.60$1.17$0.72$0.59$0.14
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.67$0.62$1.05$0.74$0.62$0.11
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.60$0.64$0.96$0.84$0.59$0.25
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.41$0.68$0.73$0.65$0.59$0.06
2014Summary only. Only limited summary data is available for this year.$1.34$0.65$0.69$0.69$0.60$0.09
2013Detailed filing. Detailed filing data is available for this year.$1.12$0.54$0.58$0.58$0.63$0.06
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.25$0.59$0.66$0.52
2011Summary only. Only limited summary data is available for this year.$2.07$0.56$1.50$0.47$0.48$0.01
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 14, 2025
Return Version
2024v5.1
Gross Receipts
$1,370,647
Mission and Program Overview

Mission

Create safe, comfortable, high-quality, affordable homes for very lowto moderate income people.

The foundation for affordable housing, inc. Is a non-profit organization located in downtown lexington, kentucky which provides safe, clean and affordable housing for the working homeless and recovering homeless veterans.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$3,836,226$3,775,634▼ $60,592
Cash and Non-Interest-Bearing Accounts$443,241$549,389▲ $106,148
Accounts Receivable$113,651$103,847▼ $9,804
Prepaid Expenses and Deferred Charges-$333-
Total Assets$4,615,513$4,702,115▲ $86,602
Other Assets Total$222,395$272,912▲ $50,517
Liabilities
Mortgage Notes Payable Secured by Investment Property$275,000$275,000→ $0
Other Liabilities$12,354$22,440▲ $10,086
Accounts Payable and Accrued Expenses$21,202$11,503▼ $9,699
Deferred Revenue-$0-
Total Liabilities$308,556$308,943▲ $387
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$4,306,957$4,393,172▲ $86,215
Total Net Assets Fund Balance$4,306,957$4,393,172▲ $86,215
Total Liabilities and Net Assets / Fund Balance$4,615,513$4,702,115▲ $86,602

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,233,865$3,109,365$5,343,230
Equipment$496,331$831,281$1,327,612
Land$569,670-$569,670
Other Land Buildings$475,768-$475,768
Leasehold Improvements$0$4,479$4,479
Other Assets Org$120,627--
Compensation and Service Providers
Top Officer Pay52nd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Phillip N GrayPresident and DirectorFT$11,924$52,684$64,608

Board Members and Trustees

NameTitle
Ted TudorChair and Director
Pamela Johnson WalkerVice-chair and Director
Carolyn RichartDirector
Jarred PaullDirector
Jonathan EdwardsDirector
Paul WarnerDirector
Sherri BallDirector
William Embry IiiDirector
Elizabeth L GraySecretary and Director
David W RichardTreasurer and Director
Revenue and Support

Revenue Composition

Contributions and Grants
$746,812
Program Service Revenue
$588,136
Investment Income
$4,702
Other Revenue
$30,997
All Other Contributions
$172,517
Change in Net Assets
$86,217
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$849,356
Salaries, Compensation, and Employee Benefits$435,074
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$466,476--$466,476
Other Salaries and Wages$255,099$51,496-$306,595
Depreciation Depletion$180,276--$180,276
Other Expenses$52,932$12,292-$65,224
Current Officers, Directors, Trustees, and Key Employees$53,756$10,852-$64,608
Office Expenses$39,623$1,659-$41,282
Other Employee Benefits$35,445--$35,445
Insurance$34,171$1,220-$35,391
Payroll Taxes$23,656$4,770-$28,426
Fees for Services Accounting$16,225$6,875-$23,100
Fees for Services Other$12,532$5,310-$17,842
Fees for Services Management$8,125$3,443-$11,568
Fees for Services Legal$5,757$2,440-$8,197
Total Functional Expenses$1,184,073$100,357$0$1,284,430
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
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Other Current Liabilities$9,401
Security Deposit$9,311
Other Liabilities$3,728
Governance and Compliance

Governance Checklist

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

Governance Explanations

Form 990, Part VI, Section A, Line 8B

“There are no committees with power to act on behalf of the governing body.”

Form 990, Part VI, Section B, Line 11B

“The governing body is provided a copy of the 990 to review before filing with the irs.”

Form 990, Part VI, Section C, Line 18

“The forms 1023 and 990 are available upon request. The form 990 is available on guidestar.”

Form 990, Part VI, Section C, Line 19

“The organization's governing documents, conflict of interest policy and financial statements are available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Foundation for Affordable Housing Inc
EIN
61-1192747
Phone
8593680482
Address
169 DEWEESE STREET, LEXINGTON, KY 40507

Signing Officer

Name
Phillip N Gray
Title
President
Phone
8593680482
Signed
2025-05-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Phillip N Gray
Formed
1988
Legal Domicile
Ky
Voting Board Members
10
Independent Board Members
9
Employees
9
Volunteers
0

Preparer

Firm
Blue & Co LLC
Address
720 EAST PETE ROSE WAY STE 100, CINCINNATI, OH 45202
Preparer
Kris a Morgan CPA
Phone
5132414507
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

“ROUNDING -2.”

FORM 990, PART XII, LINE 2C:

“The organization has a finance & audit committee that assumes responsibility for oversight of the audit and selection of an independent accountant. This process has not changed from prior years.”

Financial Statement Notes

PART X, LINE 2:

“Accounting principles generally accepted in the united states of america require management to evaluate tax positions taken by the foundation and recognize a tax liability if the foundation has taken an uncertain position that more likely than not would not be sustained upon examination by various federal and state taxing authorities. The foundation has analyzed its tax positions and has concluded that as of december 31, 2023 and 2022, there are no uncertain positions taken or expected to be taken that would require recognition of a liability or disclosure in the accompanying consolidated financial statements.”

Raw XML AppendixShowing 400 of 474 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
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IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0THE FOUNDATION FOR AFFORDABLE HOUSING, INC. IS A NON-PROFIT ORGANIZATION LOCATED IN DOWNTOWN LEXINGTON, KENTUCKY WHICH PROVIDES SAFE, CLEAN AND AFFORDABLE HOUSING FOR THE WORKING HOMELESS AND RECOVERING HOMELESS VETERANS.
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IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0169 DEWEESE STREET
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IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT AND DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1TREASURER AND DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2CHAIR AND DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4SECRETARY AND DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7VICE-CHAIR AND DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
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IRS990/InsuranceGrp/ProgramServicesAmt034171
IRS990/InsuranceGrp/TotalAmt035391
IRS990/InvestmentIncomeGrp/ExclusionAmt04702
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt04702
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt018
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt03945125
IRS990/LandBldgEquipBasisNetGrp/BOYAmt03836226
IRS990/LandBldgEquipBasisNetGrp/EOYAmt03775634
IRS990/LandBldgEquipCostOrOtherBssAmt07720759
IRS990/LegalDomicileStateCd0KY
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd01
IRS990/MiscellaneousRevenueGrp/RelatedOrExemptFuncIncomeAmt030997
IRS990/MiscellaneousRevenueGrp/TotalRevenueColumnAmt030997
IRS990/MissionDesc0CREATE SAFE, COMFORTABLE, HIGH-QUALITY, AFFORDABLE HOMES FOR VERY LOWTO MODERATE INCOME PEOPLE.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0275000
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0275000
IRS990/NetAssetsOrFundBalancesBOYAmt04306957
IRS990/NetAssetsOrFundBalancesEOYAmt04393172
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt04306957
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt04393172
IRS990/NoncashContributionsAmt020972
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt0466476
IRS990/OccupancyGrp/TotalAmt0466476
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt01659
IRS990/OfficeExpensesGrp/ProgramServicesAmt039623
IRS990/OfficeExpensesGrp/TotalAmt041282
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0222395
IRS990/OtherAssetsTotalGrp/EOYAmt0272912
IRS990/OtherChangesInNetAssetsAmt0-2
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt035445
IRS990/OtherEmployeeBenefitsGrp/TotalAmt035445
IRS990/OtherExpensesGrp/Desc0MISCELLANEOUS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt012292
IRS990/OtherExpensesGrp/ProgramServicesAmt052932
IRS990/OtherExpensesGrp/TotalAmt065224
IRS990/OtherLiabilitiesGrp/BOYAmt012354
IRS990/OtherLiabilitiesGrp/EOYAmt022440
IRS990/OtherRevenueTotalAmt030997
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt051496
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0255099
IRS990/OtherSalariesAndWagesGrp/TotalAmt0306595
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt04770
IRS990/PayrollTaxesGrp/ProgramServicesAmt023656
IRS990/PayrollTaxesGrp/TotalAmt028426
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0333
IRS990/PrincipalOfficerNm0PHILLIP N GRAY
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0533110
IRS990/ProgramServiceRevenueGrp/BusinessCd1533110
IRS990/ProgramServiceRevenueGrp/Desc0PROG.SERV.REVENUE-RELA
IRS990/ProgramServiceRevenueGrp/Desc1TENANT ACTIVITY INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0583636
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt14500
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0583636
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt14500
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0727671
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt010208
IRS990/PYOtherExpensesAmt0936850
IRS990/PYOtherRevenueAmt026230
IRS990/PYProgramServiceRevenueAmt0501252
IRS990/PYRevenuesLessExpensesAmt0166882
IRS990/PYSalariesCompEmpBnftPaidAmt0161629
IRS990/PYTotalExpensesAmt01098479
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01265361
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt086217
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0619133
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0746812
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0727671
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0748253
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0741856
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0782914
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt03747506
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt04702
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt010208
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt08642
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt08704
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt08702
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt040958
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt01234912
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt030997
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt026230
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt07188
IRS990ScheduleA/OtherIncome170Grp/TotalAmt064415
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.95760
IRS990ScheduleA/PublicSupportPY170Pct00.96070
IRS990ScheduleA/PublicSupportTotal170Amt03689564
IRS990ScheduleA/SubstantialContributorsTotAmt057942
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0746812
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0727671
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0748253
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0741856
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0782914
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt03747506
IRS990ScheduleA/TotalSupportAmt03852879
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt02233865
IRS990ScheduleD/BuildingsGrp/DepreciationAmt03109365
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt05343230
IRS990ScheduleD/EquipmentGrp/BookValueAmt0496331
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0831281
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01327612
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0569670
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0569670
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt04479
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt04479
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt01009
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt132213
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt2119063
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt3120627
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0CLOSING COST-MAYWICK VIEW LANE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2ACCUMULATED AMORTIZATION
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3OTHER ASSETS(DETAIL)-990
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0475768
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0475768
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt09311
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt13728
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt29401
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0SECURITY DEPOSIT
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1OTHER LIABILITIES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2OTHER CURRENT LIABILITIES
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE FOUNDATION AND RECOGNIZE A TAX LIABILITY IF THE FOUNDATION HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY VARIOUS FEDERAL AND STATE TAXING AUTHORITIES. THE FOUNDATION HAS ANALYZED ITS TAX POSITIONS AND HAS CONCLUDED THAT AS OF DECEMBER 31, 2023 AND 2022, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR DISCLOSURE IN THE ACCOMPANYING CONSOLIDATED FINANCIAL STATEMENTS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03775634
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0272912
IRS990ScheduleD/TotalLiabilityAmt022440
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THERE ARE NO COMMITTEES WITH POWER TO ACT ON BEHALF OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE GOVERNING BODY IS PROVIDED A COPY OF THE 990 TO REVIEW BEFORE FILING WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE FORMS 1023 AND 990 ARE AVAILABLE UPON REQUEST. THE FORM 990 IS AVAILABLE ON GUIDESTAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ROUNDING -2.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION HAS A FINANCE & AUDIT COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THIS PROCESS HAS NOT CHANGED FROM PRIOR YEARS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XI, LINE 9:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XII, LINE 2C:
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt0FOUNDATION FOR FEDERAL HOUSING
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt1FOUNDATION FOR FEDERAL HOUSING
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt0SRO LLC DBA ST JAMES PLACE
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt1SRO PHASE II LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/EIN0611236845
IRS990ScheduleR/IdDisregardedEntitiesGrp/EIN1203660712
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd0KY
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd1KY
IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt0LOW INCOME HOUSING
IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt1LOW INCOME HOUSING
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt0169 DEWEESE ST
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt1169 DEWEESE ST
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/CityNm0LEXINGTON
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/CityNm1LEXINGTON
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/StateAbbreviationCd0KY
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/StateAbbreviationCd1KY
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/ZIPCd040507
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/ZIPCd140507
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0KY
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00

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