2017-11-13T15:13:51-05:00 2017-06-30 CRAFT NOBLE & COMPANY PLLC 1018 IVAL JAMES BLVD STE B RICHMOND KY 40475 990 2016-07-01 310986871 FEDERATION OF APPALACHIAN HOUSING ENTERPRISES INC FEDE 8599862321 319 OAK STREET BEREA KY 40403 JIM KING PRESIDENT/CEO 8599862321 2017-11-13 true P JARED NOBLE P00322012 8596234027 2017-11-13 D65B8C24A6D834F8E6E3582B5F89B03B947C9ED7 3572BEBB2CE418BF6DE9908884FB162166186B54 2016 2017-02-10 21:41:12Z JIM KING 319 OAK STREET BEREA KY 40403 12840017 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 75,000 FAMILIES 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. 12 12 48 12 0 3448898 8843299 2718306 3638548 30403 23605 650113 265560 6847720 12771012 289875 945324 0 2816811 3132613 0 472222 2891933 2602404 5998619 6680341 849101 6090671 54325059 60541128 29255004 29371995 25070055 31169133 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 75,000 FAMILIES 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 5998448 945324 3638548 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 J.P. MORGAN CHASE BANK. 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 2500 FULL-TIME EMPLOYEES. IN ITS 30- YEAR HISTORY, THE FAHE NETWORK HAS SERVED MORE THAN 450,000 APPALACHIANS WITH HOUSING, MADE OVER 703.5 MILLION IN DIRECT INVESTMENT, AND ACHIEVED A TOTAL CUMULATIVE FINANCIAL IMPACT OF OVER 1.4 BILLION DOLLARS IN THE APPALACHIAN REGION. 5998448 true true false false false false false false true false true false false false true false true false 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 false false false true 99 0 true 48 true false false false false false false X 12 12 false false false false true true false true true false false true true true true true true true true false KY X X X BRITTNEY MURPHY 8599862321 319 OAK STREET BEREA KY 40403 SCOTT MCREYNOLDS MEMBER 1.00 X 0 0 0 SHERRY FARLEY MEMBER 1.00 X 0 0 0 JACKIE MAYO MEMBER 1.00 X 0 0 0 MARIA CATRON MEMBER 1.00 X 0 0 0 COLIN ARNOLD MEMBER 1.00 X 0 0 0 MICHAEL HAAS MEMBER 1.00 X 0 0 0 KAREN JACOBSON MEMBER 1.00 X 0 0 0 CHRISTAL CROUSO MEMBER 1.00 X 0 0 0 LINA PAGE MEMBER 1.00 X 0 0 0 JOSEPH BELDEN MEMBER 1.00 X 0 0 0 JUSTIN MAXSON MEMBER 1.00 X 0 0 0 DIANE N LOEFFLER MEMBER 1.00 X 0 0 0 JIM KING PRESIDENT/CE 40.00 X 131437 0 28652 PAM JOHNSON VICE PRESIDE 40.00 X 121087 0 12925 SARA MORGAN SECRETARY 40.00 X 115823 0 12894 BRITTNEY MURPHY CFO 40.00 X 75319 0 10564 443666 65035 3 false true false 4741159 4102140 8843299 FEES & SERVICES CHARGES 2186890 2186890 MORTGAGE & NOTE INTEREST 1422490 1422490 ADMINISTRATION INCOME 29168 29168 3638548 17190 17190 75420 69005 6415 6415 6415 GAIN ON ACQUISITION OF ASSETS 264981 264981 MISCELLANEOUS INCOME 579 579 265560 12771012 3910523 17190 945324 945324 443666 384340 26467 32859 2688947 2327211 99972 261764 99699 91639 5310 2750 19677 17709 1968 30761 21627 2918 6216 113032 108415 2251 2366 45647 35856 4495 5296 137217 116200 7624 13393 18455 17085 627 743 565203 562666 2537 185744 167169 18575 44781 35917 4432 4432 CONTRACT SERVICES 407556 270282 14803 122471 BAD DEBT EXPENSE 281236 281236 LOANS FORGIVEN 170408 170408 CONTRIBUTIONS 87035 86580 130 325 395953 358784 17562 19607 6680341 5998448 209671 472222 5176382 2514183 3224690 8398622 256500 3708407 353865 658701 40678081 40944689 124739 136116 4300537 952899 3438332 3347638 88500 88500 41693 50100 114390 109992 827887 584180 54325059 60541128 708398 820216 969931 968431 2021771 2162139 10000 10000 8996556 6694058 14503419 15634481 2044929 3082670 29255004 29371995 X 13479557 14430914 10139618 15303760 1450880 1434459 25070055 31169133 54325059 60541128 6090671 8407 X false true X true true true X 3382421 5723549 5157096 3448898 8843299 26555263 2637081 2832312 2392399 3396045 3904108 15161945 6019502 8555861 7549495 6844943 12747407 41717208 2689610 4816503 4174375 2552588 7613255 21846331 2689610 4816503 4174375 2552588 7613255 21846331 19870877 522106 480070 1052465 10632 17190 2082463 522106 480070 1052465 10632 17190 2082463 6541608 9035931 8601960 6855575 12764597 43799671 0.45370 0.46170 0.05000 0.11000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false true X 130133 130133 3268080 245439 3022641 902324 707460 194864 3347638 EQUITY EQUIVALENT 3000000 CLIENT ADVANCES & DEPOSITS 64770 LONG TERM SERVICING PAYABLE 17900 3082670 12771012 12771012 12771012 6680341 6680341 6680341 SCHEDULE D, PAGE 2, PART IV, LINE 2B THE ORGANIZATION COLLECTS AND MAINTAINS AN ESCROW ACCOUNT FOR MORTGAGES IT MAINTAINS WITH ITS MORTGAGE CUSTOMERS. 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. true ALMOST HEAVEN HABITAT FOR HUMANITY PO BOX 913 FRANKLIN WV 26807 550685778 501C3 7500 PASS-THRU WV FLOOD APPALACHIA SERVICE PROJECT 4523 BRISTOL HWY JOHNSON CITY TN 37601 620989383 501C3 10000 PASS-THRU WV FLOOD BEATTYVILLE HOUSING DEVELOPMENT 813 HWY 52 W BEATTYVILLE KY 41311 611254002 501C3 27654 AHTF & ARC DRAWS CHRISTIAN APPALCHIAN PROJECT PO BOX 1768 PAINTSVILLE KY 41240 610661137 501C3 14500 ARC DRAWS CLINCH-POWELL RC&D PO BOX 379 RUTLEDGE TN 37861 621396815 501C3 60850 FHLB DRAW/JCL GRANT COAP PO BOX 1617 HARLAN KY 40831 311095116 501C3 79553 ARC & FHLB DRAWS CREATIVE COMPASSION INC PO BOX 4021 CROSSVILLE TN 38557 621425691 501C3 29214 FHLB DRAW/JCL GRANT FRONTIER HOUSING INC 5445 FLEMINGSBURG RD MOREHEAD KY 40351 610863958 501C3 119218 FHLB-AHP AND JCL HARSHAW TRANE 12700 PLANTSIDE DRIVE LOUISVILLE KY 40299 610901003 41508 REBUILDING WEST LIB. HOUSING DEVELOPMENT ALLIANCE INC PO BOX 7284 HAZARD KY 41702 611253346 501C3 204603 AHTF, FHLB-AHP, NWVT HOMES INC 65 BENTLEY AVENUE WHITESBURG KY 41858 611060053 501C3 27300 ARC & JCL MINI GRANT KCEOC COMMUNITY ACTION PARTNERSHIP PO BOX 490 BARBOURVILLE KY 40906 610647835 501C3 14500 ARC DRAWS KENTUCKY RIVER FOOTHILLS 309 SPANGLER DRIVE RICHMOND KY 40475 610650246 501C3 12333 AHTF DRAWS KY HIGHLANDS INVESTMENT CORP PO BOX 1738 LONDON KY 40743 610673339 501C4 30364 AHTF, ARC, JCL DRAWS KNOX HOUSING PARTNERSHIP 109 N WINONA STREET KNOXVILLE TN 37917 621465760 501C3 50380 NW CATALYTIC & JCL KY MOUNTAIN HOUSING DEVELOPMENT CORPORATION PO BOX 729 MANCHESTER KY 40962 610865223 501C3 43000 ARC GRANT PARTNERSHIP HOUSING PO BOX 997 BOONEVILLE KY 41314 611486773 501C3 88176 AHTF & ARC DRAWS PATHFINDER SERVICES INC PO BOX 1001 HUNTINGTON IN 46750 351122311 501C3 12719 JCL MINI GRANT PEOPLES SELF HELP HOUSING INC 307 KY 59 VANCEBURG KY 41179 610999804 501C3 25000 ARC GRANT RELIGIOUS COALITION FOR COMMUNITY RENEWAL 1516 WASHINGTON STREET EAST CHARLESTOWN WV 25311 550670839 501C3 5568 JCL MINI-GRANT SOUTHERN APPALCHIAN LABOR SCHOOL PO BOX 127 KINCAID WV 25119 550620198 501C3 7500 PASS-THRU WV FLOOD SOLAR ENERGY SOLUTIONS LLC 1038 BRENTWOOD CT STE B LEXINGTON KY 40511 204967967 33884 REBUILDING WEST LIB. 20 2 X false false false false false false false false false JIM KING PRESIDENT/CEO 131437 28652 160089 SARA MORGAN OFFICER SUPPORT X 10000 10000 false false false 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 75,000 FAMILIES 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 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 2500 FULL-TIME EMPLOYEES. IN ITS 30- YEAR HISTORY, THE FAHE NETWORK HAS SERVED MORE THAN 450,000 APPALACHIANS WITH HOUSING, MADE OVER 703.5 MILLION IN DIRECT INVESTMENT, AND ACHIEVED A TOTAL CUMULATIVE FINANCIAL IMPACT OF OVER 1.4 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 ELECTRONIC 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 OFFICERS ARE REQUIRED TO PERIODICALLY COMPLETE A NEW CONFLICT OF INTEREST DISCLOSURE. THE DISCLOSURE IS COMPLETED AND MONITORED ANNUALLY. FORM 990, PAGE 6, PART VI, LINE 15A THE ORGANIZATION REGULARLY REVIEWS A COMPENSATION SURVEY PUBLISHED BY NEIGHBORWORKS 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 SURVEY PUBLISHED BY NEIGHBORWORKS AMERICA WHEN MAKING SALARY DECISIONS FOR THE OTHER OFFICERS AND KEY EMPLOYEES WHEN AVAILABLE. 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 N/A FAHE TN LLC 319 OAK STREET BEREA KY 40403 461677318 FIN. FAC. TN N/A STERLING HOUSING INC 319 OAK STREET BEREA KY 40403 611227058 LENDING KY N/A PARK COMMUNITY LLC 319 OAK STREET BEREA KY 40403 810757183 LENDING TN N/A FAHE CAPITAL CORPORATION I 319 OAK STREET BEREA KY 40403 611386668 LIH PROJEC KY N/A S CORP false false false false false true false false false false false false false false false false false false false false PEOPLES SELF HELP HOUSING E 500000 FAIR VALUE STERLING HOUSING D 950515 FAIR VALUE