Civic Intelligence

Homes for Iowa Inc.

EIN 83-3044628 • 501(c)3 • Anamosa, IA

Pub. 78 Eligible

Profile

The provision of homes for consumption by persons in iowa, through a partnership with the state of iowa, whereby convicted offenders undergo job and apprentice training while constructing housing units

406 N High StAnamosa, IA 52205
Siviq Scores

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

Liabilities / Assets

25th percentile

0.00x

Higher debt load relative to assets than 25% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

24th percentile

0.00x

Higher debt load relative to revenue than 24% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2023

Net Margin

98th percentile

91%

Higher net margin than 98% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

98th percentile

259%

Faster asset growth than 98% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

22nd percentile

-9.3%

Faster revenue growth than 22% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets25th percentile

Assets

Up

$3,435,252

Up $477,564 (+16%) from 2024

Liabilities

Up

$883,188

Up $598,157 (+210%) from 2024

Net Assets

Down

$2,552,064

Down $120,593 (-4.5%) from 2024

Operations
Liabilities / Revenue24th percentileNet Margin98th percentile

Revenue

Up

$3,215,743

Up $396,974 (+14%) from 2024

Expenses

Up

$3,336,335

Up $292,142 (+9.6%) from 2024

Net Income

Up

-$120,592

Up $104,832 (+47%) from 2024

Trend Graphs

Balance Sheet Trend

Asset Growth98th percentile

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MAssets 2019: $236,355Liabilities 2019: $0Net Assets 2019: $236,3552019Assets 2020: $1,300,186Liabilities 2020: $921,769Net Assets 2020: $378,4172020Assets 2021: $1,403,011Liabilities 2021: $1,514,994Net Assets 2021: -$111,9832021Assets 2022: $810,412Liabilities 2022: $481,564Net Assets 2022: $328,8482022Assets 2023: $2,905,580Liabilities 2023: $7,500Net Assets 2023: $2,898,0802023Assets 2024: $2,957,688Liabilities 2024: $285,031Net Assets 2024: $2,672,6572024Assets 2025: $3,435,252Liabilities 2025: $883,188Net Assets 2025: $2,552,0642025

Highlighted filing

2025

Assets$3,435,252
Liabilities$883,188
Net Assets$2,552,064
Open 2025 Filing

Operations Trend

Revenue Growth22nd percentile

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MRevenue 2019: $240,100Expenses 2019: $3,745Net Income 2019: $236,3552019Revenue 2020: $955,497Expenses 2020: $813,435Net Income 2020: $142,0622020Revenue 2021: $2,413,039Expenses 2021: $2,887,975Net Income 2021: -$474,9362021Revenue 2022: $2,214,500Expenses 2022: $1,845,594Net Income 2022: $368,9062022Revenue 2023: $2,008,532Expenses 2023: $175,595Net Income 2023: $1,832,9372023Revenue 2024: $2,818,769Expenses 2024: $3,044,193Net Income 2024: -$225,4242024Revenue 2025: $3,215,743Expenses 2025: $3,336,335Net Income 2025: -$120,5922025

Highlighted filing

2025

Revenue$3,215,743
Expenses$3,336,335
Net Income-$120,592
Open 2025 Filing

Filings

Most recent year

2025 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,435,252
Liabilities
$883,188
Net assets
$2,552,064
Revenue
$3,215,743
Expenses
$3,336,335
Net income
-$120,592
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$3.44$0.88$2.55$3.22$3.34$0.12
2024Detailed filing. Detailed filing data is available for this year.$2.96$0.29$2.67$2.82$3.04$0.23
2023Detailed filing. Detailed filing data is available for this year.$2.91$0.01$2.90$2.01$0.18$1.83
2022Detailed filing. Detailed filing data is available for this year.$0.81$0.48$0.33$2.21$1.85$0.37
2021Detailed filing. Detailed filing data is available for this year.$1.40$1.51$0.11$2.41$2.89$0.47
2020Detailed filing. Detailed filing data is available for this year.$1.30$0.92$0.38$0.96$0.81$0.14
2019Detailed filing. Detailed filing data is available for this year.$0.24$0.00$0.24$0.24$0.00$0.24
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2025 to Dec 31, 2025
Signed
Mar 5, 2026
Return Version
2025v4.0
Gross Receipts
$3,215,743
Mission and Program Overview

Mission

The provision of homes for consumption by persons in iowa, through a partnership with the state of iowa, whereby convicted offenders undergo job and apprentice training while constructing housing units

The provision of homes for iowa inc is for persons in iowa that have been convicted offenders to undergo training as apprentices while constructing housing units.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$2,781,688$3,435,130▲ $653,442
Pd in Cap Srpls Land Bldg Eqp Fund$911,165$2,552,064▲ $1,640,899
Rtn Earn Endowment Incm Other Fnds$1,761,492--
Accounts Receivable$176,000$122▼ $175,878
Total Assets$2,957,688$3,435,252▲ $477,564
Liabilities
Accounts Payable and Accrued Expenses$285,031$793,188▲ $508,157
Deferred Revenue-$90,000-
Total Liabilities$285,031$883,188▲ $598,157
Net Assets / Fund Balance
Total Net Assets Fund Balance$2,672,657$2,552,064▼ $120,593
Total Liabilities and Net Assets / Fund Balance$2,957,688$3,435,252▲ $477,564
Compensation and Service Providers
Top Officer PayScore unavailable

Board Members and Trustees

NameTitle
Mike NorrisPresident
Andy RobertsTreasurer
Jay IversonVP
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$3,040,750
Investment Income
$174,993
Other Revenue
$0
Change in Net Assets
$-120,592
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$3,260,376
Salaries, Compensation, and Employee Benefits$75,959
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Management$100,663--$100,663
Other Salaries and Wages$75,959--$75,959
Insurance$27,593--$27,593
Fees for Services Legal$19,194--$19,194
Advertising$14,462--$14,462
Travel$12,398--$12,398
Office Expenses$11,613--$11,613
Payment Travel Entrtnmnt Publicly Ofcl$1,253--$1,253
All Other Expenses$819--$819
Other Expenses$600--$600
Total Functional Expenses$3,336,335$0$0$3,336,335
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
No
Audit committee
No
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Page 6, Section C, Line 19

“Gopverning documents, conflict of interest policy, and financial statements are available upon request at the offic”

Filing and Contact Details

Filer

Filer Name
Homes for Iowa Inc
EIN
83-3044628
Phone
3194623504
Address
406 N HIGH ST, ANAMOSA, IA 52205

Signing Officer

Name
Mike Norris
Title
President
Phone
3194623504
Signed
2026-03-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mike Norris
Formed
2019
Legal Domicile
Ia
Voting Board Members
9
Independent Board Members
9
Employees
0

Preparer

Firm
Eitland Tax & Accounting LLC
Address
201 W MAIN ST, ANAMOSA, IA 52205
Preparer
Marlin Eitland
Phone
3194622061
Supplemental Narrative

Additional Explanations

Form 990, Page 6, Line 15B

“The tax return is presented to the governing body for review prior to the filing of the tax return.”

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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