INDELIBLE HOUSING INC
8270 GREENSBORO DRIVE SUITE 810, MCLEAN, VA 22102 indeliblehousing.org

Total Revenue
$1,491,378
Total Expenses
$514,876
Net Assets
$1,136,147

Organizations Filed Purposes: THE MISSION OF INDELIBLE HOUSING, INC. IS THE PRESERVATION OF AFFORDABLE HOUSING IN IOWA AND ECONOMIC REVITALIZATION OF THE CITY OF GRINNELL, IOWA. TO SECURE THE BRIGHTEST FUTURE FOR THE CITY AND ITS RESIDENTS, HOUSING POLICY AND ECONOMIC REVIATALIZATION MUST BENEFIT ALL SEGMENTS OF THE CITY'S POLULATION AND ALL COMMUNITIES WITHIN THE CITY. THE FREE MARKET AND PROFIT-MOTIVATED INVESTMENT ACTIVITY OFTEN LEAVE CERTAIN COMMUNITIES AND POPULATION SEGMENTS UNDERSERVED. THE DIRECTORS HAVE ESTATBLISHEE THE COPORATION WITH ITS PRIMARY MISSION TO HELP RESOLVE THIS DEFICIENCY AND BRING ECONOMIC REVITALIZATION, PRIMARILY IN THE FORM OF IMPROVED AND AFFORDABLE HOUSING, JOB OPPORTUNITIES AND COMMUNITY AMENITIES TO THE CITY'S LOWER-INCOME NEIGHBORHOODS.

INDELIBLE HOUSING, INC. ACQUIRED A 50 UNIT ELDERLY LOW INCOME HOUSING PROJECT, MT. CARMEL, AND A 30 UNIT ELDERLY LOW INCOME HOUSING PROJECT, MT. VILLAGE, BOTH IN WATERLOO, IOWA. THE PROPERTIES WERE ACQUIRED WITH DONOR CONTRIBUTIONS AND A LOAN FROM KEY BANK. INDELIBLE USED DONOR FUNDS TO RENOVATE THE PROPERTIES WHICH ARE RENTED TO HUD QUALIFIED FAMILIES AT BELOW MARKET RATES PURSUANT TO SECTION 8. THIS ACQUISITION SOLIDIFIES INDELIBLE'S COMMITTMENT TO HOUSING PRESERVATION IN IOWA.

Executives Listed on Filing

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

NameTitleHours Per WeekTotal Salary
Bill MennerTREASURER0$0
Dr Douglas CaukinsSECRETARY0$0
Richard I KnappPRESIDENT0$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202121379349300722_public.xml