2016-11-10T14:45:40-06:00 2016-06-30 CRAFT NOBLE & COMPANY PLLC 1018 IVAL JAMES BLVD STE B RICHMOND KY 40475 990 2015-07-01 310986871 FEDERATION OF APPALACHIAN HOUSING ENTERPRISES INC FEDE 8599862321 319 OAK STREET BEREA KY 40403 JIM KING PRESIDENT 8599862321 2016-11-10 true JOHN N CRAFT P00083964 8596234027 2016-11-10 2015 2017-02-10 21:41:12Z JIM KING 7046880 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 50,000 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 46 12 0 5157096 3448898 2468088 2718306 1052465 30403 -75689 650113 8601960 6847720 1093927 289875 0 2562871 2816811 0 383338 3623022 2891933 7279820 5998619 1322140 849101 54594731 54325059 30381632 29255004 24213099 25070055 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 50,000 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 5398439 289875 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 FY 2015, FAHE HAD A TOTAL DIRECT INVESTMENT IN THE APPALACHIAN REGION OF 67 MILLION, WITH CAPITAL OF 258 MILLION UNDER MANAGEMENT INCLUDING LOANS SERVICED FOR OTHER ORGANIZATIONS. IN ITS 30- YEAR HISTORY, THE FAHE NETWORK HAS SERVED MORE THAN 300,000 APPALACHIANS WITH HOUSING, MADE OVER 536 MILLION IN DIRECT INVESTMENT, AND ACHIEVED A TOTAL CUMULATIVE FINANCIAL IMPACT OF OVER 1.15 BILLION DOLLARS IN THE APPALACHIAN REGION. 5398439 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 false false false false false false false false false true true false false false true 97 0 true 46 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 40.00 X 128976 0 26303 PAM JOHNSON VICE PRESIDE 40.00 X 118876 0 12301 SARA MORGAN SECRETARY 40.00 X 113871 0 12272 361723 50876 3 false true false 1466899 1981999 3448898 FEES & SERVICES CHARGES 1467045 1467045 MORTGAGE & NOTE INTEREST 1223111 1223111 ADMINISTRATION INCOME 28150 28150 2718306 10632 10632 218931 199160 19771 19771 19771 GAIN ON ACQUISITION OF ASSETS 647646 647646 MISCELLANEOUS INCOME 2467 2467 650113 6847720 3388190 10632 289875 289875 361723 361723 2455088 2039723 140766 274599 80288 76395 3893 18740 16866 1874 23014 16237 2026 4751 95941 91389 2254 2298 41749 33399 4175 4175 128075 111080 7173 9822 52109 48692 1121 2296 550665 547123 3542 187439 168695 18744 44680 35744 4468 4468 BAD DEBT EXPENSE 399332 399332 PASS THRU GRANTS 384050 384050 CONTRACT SERVICES 248715 174001 13085 61629 LOANS FORGIVEN 184323 184323 452813 419792 13721 19300 5998619 5398439 216842 383338 7452361 5176382 4755136 3224690 296214 256500 375395 353865 36990508 40678081 112486 124739 4212303 773971 3577460 3438332 88500 88500 33838 41693 114390 912833 827887 54594731 54325059 662139 708398 1347792 969931 1592603 2021771 7195274 8996556 17562984 14513419 2020840 2044929 30381632 29255004 X 12574993 13479557 10324506 10139618 1313600 1450880 24213099 25070055 54594731 54325059 849101 7855 X false true X true true true X 5405008 3382421 5723549 5157096 3448898 23116972 2102919 2637081 2832312 2392399 3396045 13360756 7507927 6019502 8555861 7549495 6844943 36477728 3414811 2689610 4816503 4174375 2552588 17647887 3414811 2689610 4816503 4174375 2552588 17647887 18829841 2242707 522106 480070 1052465 10632 4307980 2242707 522106 480070 1052465 10632 4307980 9750634 6541608 9035931 8601960 6855575 40785708 0.46170 0.45810 0.11000 0.13000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false true X 130133 130133 3234380 159947 3074433 847790 614024 233766 3438332 EQUITY EQUIVALENT 2000000 CLIENT ADVANCES & DEPOSITS 30111 LONG TERM SERVICING PAYABLE 14818 2044929 6847720 6847720 6847720 5998619 5998619 5998619 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 BEATTYVILLE HOUSING DEVELOPMENT 813 HWY 52 W BEATTYVILLE KY 41311 611254002 501C3 27904 AHTF & ARC DRAWS CREATIVE COMPASSION INC PO BOX 4021 CROSSVILLE TN 38557 621425691 501C3 14429 FHLB- AHP GRANT FRONTIER HOUSING INC 5445 FLEMINGSBURG RD MOREHEAD KY 40351 610863958 501C3 56944 FHLB-AHP AND JCL HOUSING DEVELOPMENT ALLIANCE INC PO BOX 7284 HAZARD KY 41702 611253346 501C3 98530 AHTF, FHLB-AHP, NWVT KY HIGHLANDS INVESTMENT CORP PO BOX 1738 LONDON KY 40743 610673339 501C4 21974 AHTF, JCL DRAWS KNOX HOUSING PARTNERSHIP 109 N WINONA STREET KNOXVILLE TN 37917 621465760 501C3 33750 NW CAYALYTIC KY MOUNTAIN HOUSING DEVELOPMENT CORPORATION PO BOX 729 MANCHESTER KY 40962 610865223 501C3 13500 ARC GRANT PATHFINDER SERVICES INC PO BOX 1001 HUNTINGTON IN 46750 351122311 501C3 8344 JCL MINI GRANT PEOPLES SELF HELP HOUSING INC 307 KY 59 VANCEBURG KY 41179 610999804 501C3 14500 ARC GRANT 8 1 X false false false false false false false false false JIM KING PRESIDENT 128976 26303 155279 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 50,000 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 FY 2015, FAHE HAD A TOTAL DIRECT INVESTMENT IN THE APPALACHIAN REGION OF 67 MILLION, WITH CAPITAL OF 258 MILLION UNDER MANAGEMENT INCLUDING LOANS SERVICED FOR OTHER ORGANIZATIONS. IN ITS 30- YEAR HISTORY, THE FAHE NETWORK HAS SERVED MORE THAN 300,000 APPALACHIANS WITH HOUSING, MADE OVER 536 MILLION IN DIRECT INVESTMENT, AND ACHIEVED A TOTAL CUMULATIVE FINANCIAL IMPACT OF OVER 1.15 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 PO BOX 908 BEREA KY 40403 208247186 CONSULTING KY N/A FAHE TN LLC PO BOX 908 BEREA KY 40403 461677318 FIN. FAC. TN N/A STERLING HOUSING INC PO BOX 908 BEREA KY 40403 611227058 LENDING KY N/A PARK COMMUNITY LLC PO BOX 908 BEREA KY 40403 810757183 LENDING TN N/A FAHE CAPITAL CORPORATION I PO BOX 908 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 909599 FAIR VALUE PARK COMMUNITY LLC D 1000 FAIR VALUE