Public Charity

AFFORDABLE HOUSING CORPORATION OF MARION INDIANA

Based in MARION, IN, AFFORDABLE HOUSING CORPORATION OF MARION INDIANA operates as a Public Charity. The organization reported $3.9M in revenue, $3.3M in expenses, $8.1M in total assets for fiscal year 2025. Imperigo tracks 1 reported grant relationships connected to this organization totaling approximately $10K.

EIN: 351966459 MARION, IN Housing Development, Construction & Management NTEE: L20 Latest filing: 2025
Total Revenue$3.9M
Total Expenses$3.3M
Total Assets$8.1M
Grant Records1
Funding Total$10K
Filing Years2021–2025

Mission

TO PROVIDE HOUSING, COMMUNITY AND ECONOMIC DEVELOPMENT PROJECTS AND SOCIAL SERVICES THAT BENEFIT LOW AND MODERATE INCOME PERSONS. TO PROVIDE SERVICES TO BENEFICIARIES THROUGH ITS HOUSING COUNSELING PROGRAM, DOWN PAYMENT ASSISTANCE PROGRAM, MATCHED SAVINGS ACCOUNT PROGRAM, SMALL BUSINESS SUPPORT PROGRAM, RENTAL HOUSING, AND HOUSING DEVELOPMENT/REHAB PROGRAM. ALSO TO SERVE AS THE SPONSOR/DEVELOPER/ADMINISTRATOR/CONSULTANT FOR NUMEROUS COMMUNITY DEVELOPMENT PROJECTS OWNED/OPERATED BY OTHER NONPROFIT ENTITIES.

Where $100 goes at Affordable Housing Corporation of Marion Indiana

How Affordable Housing Corporation of Marion Indiana divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$56 Programs the work itself
$44 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $56 for programs

$56
Provide assistance to low income families to obtain affordable housing in the grant county community to develop projects and provide counseling to achieve affordable housing
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

V-PRESIDENT Charles Herriman
SECRETARY/TR Elizabeth Kachel
PRESIDENT Janet Barnett
DIRECTOR Kayla Johnson
EXECUTIVE DI Lorri Cox
DIRECTOR Patricia Mcclung

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$10,488 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $3.9M $3.3M $8.1M
2024 $1.8M $1.5M $7.3M
2023 $1.2M $1.4M $6.9M
2022 $1.7M $1.7M $7.1M
2021 $1.1M $1.2M $7.2M

Between 2021 and 2025, reported annual revenue grew from $1.1M to $3.9M (+275%), with total assets most recently reported at $8.1M.

Interactive year-over-year charts and full filing details available with membership.

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