2020-05-15T14:04:37-05:00 2019-06-30 383658083 CRAFT NOBLE & COMPANY PLLC 1018 IVAL JAMES BLVD STE B RICHMOND KY 40475 990 2018-07-01 310986871 FEDERATION OF APPALACHIAN HOUSING ENTERPRISES INC FEDE 8599862321 319 OAK STREET BEREA KY 40403 JIM KING PRESIDENT/CEO 8599862321 2020-05-15 true P JARED NOBLE P00322012 8596234027 2020-05-15 52.37.240.203 2020-05-15 14:04:37 CD P 67230CC400BB23F1FE92A45E7CEEFAE9C7197272 8FD2AF9990A993656767339B25998D27334F1A5C 2018 2020-09-23 17:36:50Z JIM KING 319 OAK STREET BEREA KY 40403 8092321 false X WWW.FAHE.ORG X 1980 KY FAHE MAKES A DIFFERENCE BY PROVIDING OPPORTUNITIES TO THE APPALACHIAN REGION, WHICH HAS HISTORICALLY BEEN ONE OF THE MOST IMPOVERISHED IN THE NATION. THESE OPPORTUNITIES POSITIVELY CHANGE THE LIVES OF OVER 80,000 INDIVIDUALS ANNUALLY BY CONNECTING OTHER NON-PROFITS, COMMUNITIES, AND INDIVIDUALS WITH THE RESOURCES THEY NEED TO CREATE BETTER LIVES. THESE RESOURCES INCLUDE FUNDING, PARTNERSHIP, EDUCATION, ADVOCACY, AND CONSULTING. OUR EFFORTS EMPOWER FAMILIES TO TAKE THE STEPS NEEDED TO BUY A HOME, START A BUSINESS, OR ACCESS ESSENTIAL SERVICES FOR THEIR COMMUNITIES. THE PRIMARY WAY IN WHICH FAHE IS ABLE TO SERVE THE REGION SO EFFECTIVELY IS DUE TO ITS MEMBERSHIP NETWORK. WITH 50+ LOCAL NON-PROFIT ORGANIZATIONS ACROSS 6 STATES SERVING AS BOOTS-ON-THE-GROUND COMMUNITY LIAISONS, FAHE IS ABLE TO LEVERAGE ITS EXPERTISE THROUGH LOCAL PARTNERS TO AFFECT CHANGE TO THOSE IN LOCATIONS WHERE TRADITIONAL MARKETS HAVE FAILED. 11 11 59 12 0 3480651 3599700 3635027 3538432 81284 118184 511482 627679 7708444 7883995 829778 630126 0 3550942 3870841 0 555026 3225349 3376189 7606069 7877156 102375 6839 63964692 70188909 32672690 38875866 31292002 31313043 X FAHE MAKES A DIFFERENCE BY PROVIDING OPPORTUNITIES TO THE APPALACHIAN REGION, WHICH HAS HISTORICALLY BEEN ONE OF THE MOST IMPOVERISHED IN THE NATION. THESE OPPORTUNITIES POSITIVELY CHANGE THE LIVES OF OVER 80,000 INDIVIDUALS ANNUALLY BY CONNECTING OTHER NON-PROFITS, COMMUNITIES, AND INDIVIDUALS WITH THE RESOURCES THEY NEED TO CREATE BETTER LIVES. THESE RESOURCES INCLUDE FUNDING, PARTNERSHIP, EDUCATION, ADVOCACY, AND CONSULTING. OUR EFFORTS EMPOWER FAMILIES TO TAKE THE STEPS NEEDED TO BUY A HOME, START A BUSINESS, OR ACCESS ESSENTIAL SERVICES FOR THEIR COMMUNITIES. THE PRIMARY WAY IN WHICH FAHE IS ABLE TO SERVE THE REGION SO EFFECTIVELY IS DUE TO ITS MEMBERSHIP NETWORK. WITH 50+ LOCAL NON-PROFIT ORGANIZATIONS ACROSS 6 STATES SERVING AS BOOTS-ON-THE-GROUND COMMUNITY LIAISONS, FAHE IS ABLE TO LEVERAGE ITS EXPERTISE THROUGH LOCAL PARTNERS TO AFFECT CHANGE TO THOSE IN LOCATIONS WHERE TRADITIONAL MARKETS HAVE FAILED. false false 7126187 630126 FAHE WAS FOUNDED AS AN ORGANIZATION TO PROMOTE AFFORDABLE HOUSING IN APPALACHIA BUT HAS EXPANDED ITS GOALS TO NOT ONLY BE A LEADER IN HOUSING CONCERNS, BUT TO PARTNER WITH OTHER ORGANIZATIONS TO IMPACT REGIONAL ISSUES SUCH AS ENERGY EFFICIENCY, HEALTH, EDUCATION, AND ISSUES FOR THE AGING AND ELDERLY. ONE OF THE WAYS IT ACHIEVES THIS IMPACT IS BY HAVING A DIVERSE SET OF BUSINESS LINES THAT RELY ON PARTNERSHIP TO SERVE THE REGION. FAHE'S MORTGAGE LENDING DIVISION, JUSTCHOICE LENDING, HAS PARTNERED WITH THE U.S. DEPT, OF AGRICULTURE AND KEY LENDERS SUCH AS FREEDOM MORTGAGE. FAHE'S CONSULTING DIVISION ROUTINELY WORKS WITH CITY GOVERNMENTS IN OUR REGION TO IMPROVE INFRASTRUCTURE, PROVIDE ECONOMIC DEVELOPMENT, AND NEIGHBORHOOD REVITALIZATION. FAHE ALSO HAS A COMMUNITY LENDING FUND, WHICH OFFERS FINANCING FOR MULTI-FAMILY HOUSING PROJECTS, COMMUNITY FACILITIES, AND MEDICAL FACILITIES THROUGHOUT APPALACHIA. FURTHERMORE, THE 50+ MEMBER FAHE NETWORK EMPLOYS OVER 4,000 FULL-TIME EMPLOYEES. IN ITS 39 YEAR HISTORY, THE FAHE NETWORK HAS SERVED MORE THAN 580,000 APPALACHIANS WITH HOUSING, MADE OVER 908 MILLION IN DIRECT INVESTMENT, AND ACHIEVED A TOTAL CUMULATIVE FINANCIAL IMPACT OF OVER 1.5 BILLION DOLLARS IN THE APPALACHIAN REGION. 7126187 true true false false false false false false true false true false false false true true false true false false false false false false false false false true false true false false false true false false false false false false false false true true true false false false true 78 0 true 59 true false false false false false false false false false false false false X 11 11 false false false false true true false true true false false true true true true true true true true false KY X X BRITTNEY MURPHY 8599862321 319 OAK STREET BEREA KY 40403 SCOTT MCREYNOLDS MEMBER 3.00 X 0 0 0 JACKIE MAYO MEMBER 3.00 X 0 0 0 MARIA CATRON MEMBER 3.00 X 0 0 0 MICHAEL HAAS MEMBER 3.00 X 0 0 0 KAREN JACOBSON MEMBER 3.00 X 0 0 0 CHRISTAL CROUSO MEMBER 3.00 X 0 0 0 LINA PAGE MEMBER 3.00 X 0 0 0 JOSEPH BELDEN MEMBER 3.00 X 0 0 0 JUSTIN MAXSON MEMBER 3.00 X 0 0 0 DIANE N LOEFFLER MEMBER 3.00 X 0 0 0 DREAMA GENTRY MEMBER 3.00 X 0 0 0 JIM KING PRESIDENT/CE 40.00 X 151994 0 31771 SARA MORGAN SECRETARY 40.00 X 126875 0 14388 PAM JOHNSON VICE PRESIDE 40.00 X 126489 0 14453 BRITTNEY MURPHY CFO 40.00 X 97501 0 12786 502859 73398 3 false true false 2580039 1019661 3599700 MORTGAGE & NOTE INTEREST 1869003 1869003 FEES & SERVICES CHARGES 1643816 1643816 ADMINISTRATION INCOME 25613 25613 3538432 57408 57408 269102 208326 60776 60776 60776 GAIN ON ACQUISITION OF ASSETS 627043 627043 MISCELLANEOUS INCOME 636 636 627679 7883995 4226887 57408 630126 630126 576255 461660 36468 78127 2629023 2250847 72673 305503 96047 81418 3068 11561 335280 294357 10034 30889 234236 199061 7631 27544 83551 73538 5006 5007 29637 26085 1776 1776 33448 27182 2335 3931 88889 83215 962 4712 72521 59318 4170 9033 186003 162588 4369 19046 52815 49234 1134 2447 800967 794159 3404 3404 189824 171008 18816 55569 44521 5524 5524 BAD DEBT EXPENSE 548459 540259 8200 PASS THRU GRANTS 445483 445483 CONTRACT SERVICES 379122 345181 11522 22419 REO EXPENSES 62697 62697 347204 324250 7051 15903 7877156 7126187 195943 555026 3484844 3374962 8009753 8574112 2976273 1606869 631452 418007 44403879 51783812 151058 150753 4518920 1274206 3362074 3244714 88500 102200 63916 78118 105657 128642 687286 726720 63964692 70188909 1001659 851973 925819 858481 2182816 1027392 10000 10000 10561771 13986138 14929354 18075373 3061271 4066509 32672690 38875866 X 15192198 16191367 15095682 15121676 1004122 31292002 31313043 63964692 70188909 6839 14202 X false true X true true true X 5048821 3474498 8871299 3507851 3626800 24529269 3542144 3370445 3890931 4214034 4224321 19241875 8590965 6844943 12762230 7721885 7851121 43771144 908164 752482 427019 1348143 1003903 4439711 908164 752482 427019 1348143 1003903 4439711 39331433 10995 10632 17190 7053 47076 92946 10995 10632 17190 7053 47076 92946 8601960 6855575 12779420 7728938 7898197 43864090 0.89670 0.89550 0.00000 0.04000 X SUPPLEMENTAL INFORMATION WHEN PREPARING THE SCHEDULE A FOR THE FISCAL YEAR ENDING JUNE 30, 2019 IT WAS DISCOVERED THAT THE PRIOR YEAR CALCULATIONS WERE INCORRECT. THE PRIOR YEAR AMOUNTS HAVE BEEN CORRECTED AS WELL AS THE PUBLIC SUPPORT PERCENTAGE FOR THE PRIOR YEAR. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false true X 130133 130133 3428204 424334 3003870 960583 849872 110711 3244714 EQUITY EQUIVALENT 4000000 CLIENT ADVANCES & DEPOSITS 53368 LONG TERM SERVICING PAYABLE 13141 4066509 X SCHEDULE D, PAGE 2, PART IV, LINE 2B THE ORGANIZATION COLLECTED AND MAINTAINS AN ESCROW ACCOUNT FOR MORTGAGES IT MAINTAINS WITH ITS MORTGAGE CUSTOEMRS. IT ALSO MAINTAINS AN ESCROW ACCOUNT FOR MORTGAGES IT SERVICES FOR OTHER ORGANIZATIONS. THIS ESCROW IS MAINTAINED FOR CUSTOMERS TO ESCROW FOR TAXES AND INSURANCE. SCHEDULE D, PAGE 3, PART X IN ACCOUNTING STANDARDS CODIFICATION (ASC) 740-10-50, INCOME TAXES, (FORMERLY FIN 48, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES) THE FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) REQUIRES ENTITIES TO DISCLOSE KNOWN OR ANTICIPATED POSITIONS OF INCOME TAX UNCERTAINTY. THE ORGANIZATION IS NOT AWARE OF ANY UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS. true CLINCH-POWELL RC&D PO BOX 379 RUTLEDGE TN 37861 621396815 501C3 5300 HB ED, FM, NWA COAP PO BOX 1617 HARLAN KY 40831 311095116 501C3 109587 ARC,FHLB DRAWS,NWA FRONTIER HOUSING INC 5445 FLEMINGSBURG RD MOREHEAD KY 40351 610863958 501C3 37500 HB ED, ARC UPLIFT HOUSING DEVELOPMENT ALLIANCE INC PO BOX 7284 HAZARD KY 41702 611253346 501C3 198803 AHTF,HBED,HEAT SQUAD HOMES INC 65 BENTLEY AVENUE WHITESBURG KY 41858 611060053 501C3 72593 HEAT SQUAD, AHTF KY HIGHLANDS INVESTMENT CORP PO BOX 1738 LONDON KY 40743 610673339 501C3 43372 AHTF,NWA,NTI KY MOUNTAIN HOUSING DEVELOPMENT CORPORATION PO BOX 729 MANCHESTER KY 40962 610865223 501C3 8571 FHLB CENTRAL BANK PO BOX 1360 LEXINGTON KY 40590 610153605 501C3 35000 FHLB COMMUNITIES UNLIMITED 3 EAST COLT SQUARE DRIVE FAYETTEVILLE AR 72703 710464321 C CORP 16000 RWJF COMMUNITY DEVELOPMENT CORPORATION 901 E LEVEE BROWNSVILLE TX 78520 741835777 501C3 16000 RWJF FAIRMONT-MORGANTOWN HOUSING AUTH PO BOX 2738 FAIRMONT WV 26555 556011100 QUASI 5750 HB ED & COUNSELING FIRST NATIONS OWEESTA CORPORATION 2432 MAIN STREET 1ST FLOOR LONGMONT CO 80501 541970097 501C3 16000 RWJF HOMEOWNERSHIP CENTER INC 2276 RANDOLPH AVENUE ELKINS WV 26241 550760268 501C3 7950 WF502,HB ED, FANNE M HOPE ENTERPRISE CORPORATION 4 OLD RIVER PLACE JACKSON MS 39202 640851798 501C3 26000 RWJF KNOX HOUSING PARTNERSHIP 109 WINONA ST KNOXVILLE TN 37917 621465760 501C3 10200 FANNIE M, NWA NTI PEOPLE INCORPORATED OF VIRGINIA 1173 W MAIN ST ABINGDON VA 24210 540763686 501C3 5500 FREDDIE M, HB ED,NWA RURAL COMMUNITY ASSITANCE CORPORATION 3120 FREEBOARD DRIVE SUITE 201 WEST SACRAMENTO CA 95691 942512284 501C3 16000 RWJF 15 2 SCHEDULE I, PAGE 4, PART IV FAHE MANAGEES GRANTS ACCORDING TO THE REQUIREMENT OF THE GRANT AGREEMENT UTILITIZING A SEPARATE PROJECT TRACKING MODEL IN THEIR FINANCIAL SOFTWARE AS WELL AS KEEPING A FILE FOR EACH GRANT. X X X false false false false false false false false false JIM KING PRESIDENT/CEO 151994 31771 183765 SARA MORGAN OFFICER SUPPORT X 10000 10000 false false true 10000 FORM 990 - ORGANIZATION'S MISSION FAHE MAKES A DIFFERENCE BY PROVIDING OPPORTUNITIES TO THE APPALACHIAN REGION, WHICH HAS HISTORICALLY BEEN ONE OF THE MOST IMPOVERISHED IN THE NATION. THESE OPPORTUNITIES POSITIVELY CHANGE THE LIVES OF OVER 80,000 INDIVIDUALS ANNUALLY BY CONNECTING OTHER NON-PROFITS, COMMUNITIES, AND INDIVIDUALS WITH THE RESOURCES THEY NEED TO CREATE BETTER LIVES. THESE RESOURCES INCLUDE FUNDING, PARTNERSHIP, EDUCATION, ADVOCACY, AND CONSULTING. OUR EFFORTS EMPOWER FAMILIES TO TAKE THE STEPS NEEDED TO BUY A HOME, START A BUSINESS, OR ACCESS ESSENTIAL SERVICES FOR THEIR COMMUNITIES. THE PRIMARY WAY IN WHICH FAHE IS ABLE TO SERVE THE REGION SO EFFECTIVELY IS DUE TO ITS MEMBERSHIP NETWORK. WITH 50+ LOCAL NON-PROFIT ORGANIZATIONS ACROSS 6 STATES SERVING AS BOOTS-ON-THE-GROUND COMMUNITY LIAISONS, FAHE IS ABLE TO LEVERAGE ITS EXPERTISE THROUGH LOCAL PARTNERS TO AFFECT CHANGE TO THOSE IN LOCATIONS WHERE TRADITIONAL MARKETS HAVE FAILED. FORM 990, PAGE 2, PART III, LINE 4A FAHE WAS FOUNDED AS AN ORGANIZATION TO PROMOTE AFFORDABLE HOUSING IN APPALACHIA BUT HAS EXPANDED ITS GOALS TO NOT ONLY BE A LEADER IN HOUSING CONCERNS, BUT TO PARTNER WITH OTHER ORGANIZATIONS TO IMPACT REGIONAL ISSUES SUCH AS ENERGY EFFICIENCY, HEALTH, EDUCATION, AND ISSUES FOR THE AGING AND ELDERLY. ONE OF THE WAYS IT ACHIEVES THIS IMPACT IS BY HAVING A DIVERSE SET OF BUSINESS LINES THAT RELY ON PARTNERSHIP TO SERVE THE REGION. FAHE'S MORTGAGE LENDING DIVISION, JUSTCHOICE LENDING, HAS PARTNERED WITH THE U.S. DEPT, OF AGRICULTURE AND KEY LENDERS SUCH AS FREEDOM MORTGAGE. FAHE'S CONSULTING DIVISION ROUTINELY WORKS WITH CITY GOVERNMENTS IN OUR REGION TO IMPROVE INFRASTRUCTURE, PROVIDE ECONOMIC DEVELOPMENT, AND NEIGHBORHOOD REVITALIZATION. FAHE ALSO HAS A COMMUNITY LENDING FUND, WHICH OFFERS FINANCING FOR MULTI-FAMILY HOUSING PROJECTS, COMMUNITY FACILITIES, AND MEDICAL FACILITIES THROUGHOUT APPALACHIA. FURTHERMORE, THE 50+ MEMBER FAHE NETWORK EMPLOYS OVER 4,000 FULL-TIME EMPLOYEES. IN ITS 39 YEAR HISTORY, THE FAHE NETWORK HAS SERVED MORE THAN 580,000 APPALACHIANS WITH HOUSING, MADE OVER 908 MILLION IN DIRECT INVESTMENT, AND ACHIEVED A TOTAL CUMULATIVE FINANCIAL IMPACT OF OVER 1.5 BILLION DOLLARS IN THE APPALACHIAN REGION. FORM 990, PAGE 6, PART VI, LINE 6 FAHE WORKS WITH 50+ MEMBER NONPROFIT ORGANIZATIONS ACROSS THE APPALACHIAN PORTION OF KENTUCKY, TENNESSEE, WEST VIRGINIA, VIRGINIA, ALABAMA, AND MARYLAND TO COMPLETE THEIR MISSION OF ELIMINATING PRESISTENT POVERTY IN APPALACHIA. FORM 990, PAGE 6, PART VI, LINE 7A ALL MEMBERS HAVE EQUAL RIGHTS IN VOTING ON FAHE'S BYLAWS AND THE BOARD OF DIRECTORS. FORM 990, PAGE 6, PART VI, LINE 11B AN ELECTRONIC COPY OF THE RETURN WAS EMAILED TO MANAGEMENT FOR REVIEW AND APPROVAL. ONCE APPROVED BY MANAGEMENT THE ELECTRIONIC COPY WAS SUBMITTED TO THE FINANCE COMMITTEE AND THE ENTIRE BOARD OF DIRECTORS FOR REVIEW BEFORE FINAL SUBMISSION TO THE SERVICE. FORM 990, PAGE 6, PART VI, LINE 12C DIRECTORS AND OFFCIERS ARE REQUIRED TO PERIODICALLY COMPLETE A NEW CONFLICT OF INTEREST DISCLOSURE. THE DISCLOSURE IS COMPELTED AND MONITORED ANNUALLY. FORM 990, PAGE 6, PART VI, LINE 15A THE ORGANIZATION REGULARLY REVIEWS A COMPENSATION SURVEY PUBLISHED BY NEIGHWORKS AMERICA WHEN MAKING SALARY DECISIONS FOR THE EXECUTIVE DIRECTOR. THE ORGANIZATION ALSO REVIEWS INDUSTRY SCHEDULES FROM OPPORTUNITY FINANCE NETWORK. FORM 990, PAGE 6, PART VI, LINE 15B THE ORGANIZATION REGULARLY REVIEWS A COMPENSATION SURVERY PUBLISHED BY NEIGHBORWORKS AMERICA WHEN MAKING SALARY DECISIONS FOR THE OTHER OFFICERS AND KEY EMPLOYEES WHEN AVAILABLE. FAHE HAS ALSO HIRED A COMPENSATION ANALYSIS FIRM TO PROVIDE MARKET DATA FOR ALL HIRES. FORM 990, PAGE 6, PART VI, LINE 19 THE GOVERNING DOCUMENTS ARE AVAILABLE UPON WRITTEN REQUEST. FAHE CONSULTING LLC 319 OAK STREET BEREA KY 40403 208247186 CONSULTING KY 227561 227561 N/A FAHE TN LLC 319 OAK STREET BEREA KY 40403 461677318 FIN. FAC. TN 142528 3844274 N/A PARK COMMUNITY LLC 319 OAK STREET BEREA KY 40403 810757183 LENDING TN 616620 2978138 N/A FAHE HOLDING COMPANY LLC 319 OAK STREET BEREA KY 40403 831217467 PROP. MGMT KY 19067 1249283 N/A FAHE CAPITAL CORPORATION I 319 OAK STREET BEREA KY 40403 611386668 LIH PROJEC KY N/A S CORP 1.00000 true false false false false false false false false false false false false false false false false false false false