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Iowa · Nonprofit

AFFORDABLE HOUSING NETWORK INC

AFFORDABLE HOUSING NETWORK INC (Iowa) receives grants from 3 organizations whose IRS filings report $319,932 to it, the largest being THE HALL-PERRINE FOUNDATION ($250,000). 3 of them have funded it in more than one year.

Revenue FY2025
$4.2M
Funders on record
3
Grants received
$320k
Net assets
$11M
3/3 repeat funderspeak grant-dependency 1%
01What it does

What Affordable Housing Network Inc does

Mission

To provide affordable housing to individuals and families in need.

As stated on its FY2025 Form 990.

Programs

  1. Affordable housing rentals: ahni owns 399 affordable housing rental units and manages 18 affordable housing rental units, for a total of 417 rental units intended to be rented to individuals and families with low to very low income. Income between 50% and 80% of area median income (ami) is "low income- and income between 30% and 50% of ami is "very low income". Ahni provides the following services to insure a stable and clean living environment: rental agent services and facility maintenance.

    $4,241,420 spent$3,406,242 earned by the program
    88% of program spending
  2. Neighborhood revitalization: ahni operates a neighborhood revitalization project in the wellington heights neighborhood of cedar rapids designed to increase home ownership, decrease density and return a neighborhood back to the majestic and stable place it once was. Ahni has rehabbed & sold 52 homes and currently has 58 rental units in the wellington heights neighborhood and are currently renting properties and building as funding and buyers permit. Properties previously rehabilitated are offered to the community as improved rentals, and homes for sale with the ultimate goal of guiding children and families to successful outcomes and strengthening the community. In addition, ahni operates an affordable housing revitatlization project in dubuque. This is done in conjunction with the city of dubuque and their multi-year plan to increase home ownership and create a stable, respectful rental environment. Ahni has purchased and rehabbed 4 properties and sold them as affordable homes in the last year.

    $582,570 spent
    12% of program spending

The 2 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $4,823,990.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($5.8M) Expenses 100 ($5.5M) Net assets 100 ($8.5M)2018 Revenue 94 ($5.4M) Expenses 93 ($5.1M) Net assets 85 ($7.2M)2019 Revenue 94 ($5.4M) Expenses 99 ($5.4M) Net assets 87 ($7.4M)2020 Revenue 107 ($6.2M) Expenses 105 ($5.8M) Net assets 95 ($8.1M)2021 Revenue 107 ($6.2M) Expenses 122 ($6.7M) Net assets 89 ($7.6M)2022 Revenue 99 ($5.7M) Expenses 125 ($6.9M) Net assets 76 ($6.5M)2023 Revenue 150 ($8.7M) Expenses 95 ($5.2M) Net assets 112 ($9.6M)2024 Revenue 113 ($6.5M) Expenses 95 ($5.2M) Net assets 139 ($12M)2025 Revenue 73 ($4.2M) Expenses 98 ($5.4M) Net assets 128 ($11M)
'17'18'19'20'21'22'23'24'25
Revenue (73)Expenses (98)Net assets (128)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2022 to 2023, from $26M to $19M (−28%).

$28M
$25M
$24M
$25M
$25M
$26M
$19M
$21M
$21M
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 11% · 2018 4% · 2019 3% · 2020 16% · 2021 19% · 2022 10% · 2023 3% · 2024 23% · 2025 17%. Grants only. Government contracts and fees sit inside program revenue.

20% of AFFORDABLE HOUSING NETWORK INC’s revenue is contributions — about as donation-reliant as the typical peer (39% for the typical peer).

This organization
Typical peer · 4,214 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 9 reported years ran a deficit.

$290k
’17
$304k
’18
$8k
’19
$424k
’20
−$507k
’21
−$1.2M
’22
$3.4M
’23
$1.3M
’24
−$1.1M
’25
0.0
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Board chair

Lydia Brown

Chair

As listed on its FY2025 Form 990.

The chief executive listed changed between the FY2017 and FY2018 filings.

'17'18'19'20'21'22'23'24'25
Listed171615151917141421
Joined·+1+2+1+6+4+1+1+8
No longer listed·23126411
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 1 funder to 2 funders, grant income rose $13k → $64k.

Funder
'17
'19
'20
'21
'22
'23
'24*
'25*
total
funders
1
1
2
1
2
2
1
1

Left out of every figure on this page: $103k from 2 payers (the payer shares this organization's board, largest Greater Cedar Rapids Community Foundation). These are real filings, and they are not money AFFORDABLE HOUSING NETWORK INC raised.

From the IRS filings of AFFORDABLE HOUSING NETWORK INC’s funders (the co-funder graph). Top 2 of 3 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

AFFORDABLE HOUSING NETWORK INC leans on a few funders — its largest provides 78% of grant income and the top three 100%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

78%
largest funder
100%
top three
~2
effective funders

Largest funder’s share by year: 2017 100% · 2019 100% · 2020 75% · 2021 100% · 2022 65% · 2023 78% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

100% of AFFORDABLE HOUSING NETWORK INC's grant income comes from Iowa funders.

IA

In-state vs out-of-state, by year

’17
’19
’20
’21
’22
’23
Iowa out of state home

Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

AFFORDABLE HOUSING NETWORK INC's funding base is broadening — from 1 funders to 2 as grant income climbed.

Operating margin−27% · bottom quartile
Months of reserve0.0mo · bottom quartile
Revenue growth (annualized)−4% · bottom quartile

this organization peer median middle 50% of peers· 2,196 housing & shelter nonprofits $1M–$10M, FY2025

Government funding AFFORDABLE HOUSING NETWORK INC receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $224 on record.

State$224
Top programs
  • REFUNDS - GENERAL $224

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like AFFORDABLE HOUSING NETWORK INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Iowa

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

90% of spending goes to programs.

Program 90%Management 10%Fundraising 0%

Governance

9
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

95%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Part of a family of 2 related entities

  • Four Oaks Family And · exempt
  • Ahni Holdings · exempt

Screen this organization

A dated, signed PDF of the compliance screen for AFFORDABLE HOUSING NETWORK INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds AFFORDABLE HOUSING NETWORK INC?
AFFORDABLE HOUSING NETWORK INC (Iowa) receives grants from 3 organizations whose IRS filings report $319,932 to it, the largest being THE HALL-PERRINE FOUNDATION ($250,000). 3 of them have funded it in more than one year.
How many funders does AFFORDABLE HOUSING NETWORK INC have?
IRS filings report 3 organizations giving $319,932 in grants to AFFORDABLE HOUSING NETWORK INC, 3 of which have funded it in more than one year.
Who is the largest funder of AFFORDABLE HOUSING NETWORK INC?
THE HALL-PERRINE FOUNDATION is the largest funder on record, with $250,000 in grants. The full list of funders is on this page.
How can an organization like AFFORDABLE HOUSING NETWORK INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Iowa. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Affordable Housing Network →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 3 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing