Mid-iowa Housing Corporation
501(c)(4)
Only null% goes to programs Thin reserves Growing revenue
Mid-iowa Housing Corporation is a 501(c)(4) organization based in Wdm, Iowa, registered in 1994, with $428,776 in FY2023 revenue. CharityIndex grades it F.
1200 Valley West Dr Ste 108, Wdm, IA, 50266 EIN 42-1415545 Since 1994
Revenue (FY2023)
$429K
▲ 34.3% vs prior year
Expenses (FY2023)
$384K
Net assets
-$218K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
F
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Mid-iowa Housing Corporation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
FFinancial health25% of the rating0 mo reserves · +10% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Mid-iowa Housing Corporation: 0 mo reserves · +10% margin earns a F on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Mid-iowa Housing Corporation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Mid-iowa Housing Corporation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
Financial trends
Revenue grew from $271K (FY2018) to $429K (FY2023) across 6 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $650KNet assets -$218K
Operating margin
10.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$432K
Total liabilities
$650K
Net assets
-$218K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $428,776▲34.3% | $384,376▲3.4% | -$217,833▲16.9% | $431,812▼6.8% | 990 |
| 2022 | $319,150▼0.1% | $371,845▲11.9% | -$262,233▼25.1% | $463,136▼9.1% | 990 |
| 2021 | $319,440▲26.7% | $332,371▲15.9% | -$209,538▼6.6% | $509,672▼9.5% | 990 |
| 2020 | $252,103▼11.2% | $286,772▲5.0% | -$196,607▼21.4% | $563,439▼10.0% | 990 |
| 2019 | $283,922▲4.7% | $273,209▼3.4% | -$161,938▲6.2% | $625,898▼4.1% | 990 |
| 2018 | $271,237 | $282,731 | -$172,651 | $652,519 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Frequently asked questions
- Is Mid-iowa Housing Corporation a legitimate nonprofit?
- Yes. Mid-iowa Housing Corporation is a 501(c)(4) organization registered with the U.S. Internal Revenue Service under EIN 42-1415545, based in Wdm, Iowa.
- What is Mid-iowa Housing Corporation's EIN?
- Mid-iowa Housing Corporation's Employer Identification Number (EIN) is 42-1415545.
- How much revenue does Mid-iowa Housing Corporation report?
- Mid-iowa Housing Corporation reported $428,776 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does Mid-iowa Housing Corporation have?
- CharityIndex grades Mid-iowa Housing Corporation F, based on financial health (reserves and operating margin).
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Data for Mid-iowa Housing Corporation (EIN 42-1415545) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.