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Iowa · Nonprofit

NIACOG HOUSING TRUST FUND INC

NIACOG HOUSING TRUST FUND INC (Iowa) receives grants from 2 organizations whose IRS filings report $163,210 to it, the largest being United Way of North Central Iowa ($123,210). 2 of them have funded it in more than one year.

Revenue FY2025
$911k
Funders on record
2
Grants received
$163k
Net assets
$514k
2/2 repeat funderspeak grant-dependency 4%
01What it does

What Niacog Housing Trust Fund Inc does

Mission

To enhance afordable housing stock and its availability to low to moderate income households within the fund's member counties.

As stated on its FY2025 Form 990.

Program

  1. Construction costs incurred to homes occupied by families of low to moderate income.

    $694,877 spentof which $676,097 as grants
    100% of program spending

The program described on its FY2025 Form 990. Program spending in total: $694,877.

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 ($288k) Expenses 100 ($262k) Net assets 100 ($109k)2018 Revenue 209 ($601k) Expenses 225 ($588k) Net assets 112 ($122k)2019 Revenue 313 ($903k) Expenses 323 ($845k) Net assets 164 ($180k)2020 Revenue 237 ($683k) Expenses 262 ($687k) Net assets 161 ($176k)2021 Revenue 262 ($754k) Expenses 265 ($694k) Net assets 216 ($237k)2022 Revenue 220 ($633k) Expenses 216 ($565k) Net assets 278 ($305k)2023 Revenue 475 ($1.4M) Expenses 521 ($1.4M) Net assets 282 ($309k)2024 Revenue 419 ($1.2M) Expenses 430 ($1.1M) Net assets 357 ($391k)2025 Revenue 316 ($911k) Expenses 301 ($788k) Net assets 469 ($514k)
'17'18'19'20'21'22'23'24'25
Revenue (316)Expenses (301)Net assets (469)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 2021 to 2022, from $253k to $429k (+70%).

$113k
$133k
$197k
$193k
$253k
$429k
$436k
$531k
$544k
'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 76% · 2018 85% · 2019 93% · 2020 87% · 2021 87% · 2022 89% · 2023 97% · 2025 92%. Grants only. Government contracts and fees sit inside program revenue.

95% of NIACOG HOUSING TRUST FUND INC’s revenue is contributions — more reliant on donations than three-quarters of its peers (37% for the typical peer).

This organization
Typical peer · 8,334 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 9 reported years ran a deficit.

$26k
’17
$13k
’18
$58k
’19
−$3k
’20
$60k
’21
$68k
’22
$4k
’23
$82k
’24
$123k
’25
6.6
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

Veronica Litterer

Chair

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed778879101010
Joined·+2+1+2+0+2+1+3+1
No longer listed·20210031
03Who funds it

Who funds it, year by year

2018 → 2023: the base broadened from 1 funder to 2 funders, grant income rose $5k → $21k.

Funder
'18
'19
'20
'21
'22
'23
'24*
'25*
total
funders
1
2
2
2
1
2
2
2

From the IRS filings of NIACOG HOUSING TRUST FUND INC’s funders (the co-funder graph). 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

NIACOG HOUSING TRUST FUND INC leans on a few funders — its largest provides 75% 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

75% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund NIACOG HOUSING TRUST FUND INC.

75%
largest funder
100%
top three
~2
effective funders

Largest funder’s share by year: 2018 100% · 2019 81% · 2020 82% · 2021 82% · 2022 100% · 2023 76% — 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 NIACOG HOUSING TRUST FUND INC's grant income comes from Iowa funders.

IA

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

’18
’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

NIACOG HOUSING TRUST FUND INC runs a healthier operating margin than three-quarters of the 4,980 housing & shelter nonprofits its size.

Operating margin13% · top quartile
Months of reserve6.6mo · above the median
Revenue growth (annualized)15% · top quartile

this organization peer median middle 50% of peers· 4,980 housing & shelter nonprofits $100k–$1M, FY2025

Government funding NIACOG HOUSING TRUST FUND INC receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $332k on record.

Federal$332k
grants $332kcontracts $0
20
22
25
Top agencies
  • Department of Agriculture$332k

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 NIACOG HOUSING TRUST FUND 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

88% of spending goes to programs.

Program 88%Management 12%Fundraising 0%

Governance

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

Public support

100%

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

Screen this organization

A dated, signed PDF of the compliance screen for NIACOG HOUSING TRUST FUND 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 NIACOG HOUSING TRUST FUND INC?
NIACOG HOUSING TRUST FUND INC (Iowa) receives grants from 2 organizations whose IRS filings report $163,210 to it, the largest being United Way of North Central Iowa ($123,210). 2 of them have funded it in more than one year.
How many funders does NIACOG HOUSING TRUST FUND INC have?
IRS filings report 2 organizations giving $163,210 in grants to NIACOG HOUSING TRUST FUND INC, 2 of which have funded it in more than one year.
Who is the largest funder of NIACOG HOUSING TRUST FUND INC?
United Way of North Central Iowa is the largest funder on record, with $123,210 in grants. The full list of funders is on this page.
How can an organization like NIACOG HOUSING TRUST FUND 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.

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 2 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