DRAGONFLY DREAMS HOUSING INC
315 N COLUMBUS STREET, LANCASTER, OH 431303002 fairfieldmha.org

Total Revenue
$691,140
Total Expenses
$847,299
Net Assets
$3,245,123

Organizations Filed Purposes: THE MISSION OF DRAGONFLY DREAMS HOUSING, INC., IS TO ASSIST LOW INCOME FAMILIES, INCLUDING THOSE WHO ARE ELDERLY OR DISABLED, WITH SAFE, ADEQUATE AND AFFORDABLE HOUSING OPPORTUNITIES AS THOSE FAMILIES STRIVE TO ACHIEVE SELF-SUFFICIENCY AND IMPROVE THE QUALITY OF THEIR LIVES.

AN AVERAGE OF 93.5 LOW-INCOME FAMILIES WERE HOUSED EACH MONTH. TENANTS SIGNED A ONE YEAR LEASE AND PAY 30% OF THEIR INCOME TOWARD RENT WITH THE REST BEING PAID BY A HOUSING ASSISTANCE PAYMENT CONTRACT WITH FAIRFIELD METROPOLITAN HOUSING AUTHORITY. THE 97.4% OCCUPANCY FOR THE 96 UNITS IS SLIGHTLY BELOW THE GOAL OF 98% BUT ABOVE THE STANDARD EXPECTATION OF 95%. THE GOAL OF FUNDING THE CAPITAL REPLACEMENT RESERVE ON A MONTHLY BASIS HAS ALSO BEEN MET FOR THE TIME PERIOD. THE RESERVE IS BASED ON A 20 YEAR PHYSICAL NEEDS STUDY.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
Megan MeadowsDIRECTOR0.23$0
Patrick WelshDIRECTOR0.23$0
Richard BowenDIRECTOR0.23$0
Jody DevoreVICE-CHAIRMAN0.23$0
Ursula LaveckCHAIRMAN0.23$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202002909349301100_public.xml