2015-10-30T07:19:51-05:00 2015-06-30 CRAFT NOBLE & COMPANY PLLC 1018 IVAL JAMES BLVD STE B RICHMOND KY 40475 990 2014-07-01 310986871 FEDERATION OF APPALACHIAN HOUSING ENTERPRISES INC FEDE 8599862321 319 OAK STREET BEREA KY 40403 JIM KING PRESIDENT/CEO 8599862321 2015-10-30 true JOHN N CRAFT P00083964 8596234027 2015-10-30 2014 2016-03-07 17:11:31Z 8601960 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. 13 13 42 13 0 5723549 5157096 2636614 2468088 480070 1052465 195698 -75689 9035931 8601960 1093927 0 2455178 2562871 0 320493 4919182 3623022 7374360 7279820 1661571 1322140 53323354 54594731 30432395 30381632 22890959 24213099 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 6766351 1093927 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. 6766351 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 94 0 true 42 true false false false false false false X 13 13 false false false false false false 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 LINA PAGE MEMBER 1.00 X 0 0 0 JOSEPH BELDEN MEMBER 1.00 X 0 0 0 SCOTT MCREYNOLDS MEMBER 1.00 X 0 0 0 ANDY KEGLEY MEMBER 1.00 X 0 0 0 DAVID KREHER 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 LINDY KARNS MEMBER 1.00 X 0 0 0 KAREN JACOBSON MEMBER 1.00 X 0 0 0 JOHN MARTYS MEMBER 1.00 X 0 0 0 JACKIE MAYO MEMBER 1.00 X 0 0 0 OLIVER KELLY SPEARS MEMBER 1.00 X 0 0 0 COLIN ARNOLD MEMBER 1.00 X 0 0 0 JIM KING PRESIDENT 40.00 X 126351 0 36592 SARA MORGAN SECRETARY 40.00 X 109767 0 20956 PAM JOHNSON VICE PRESIDE 40.00 X 96641 0 20716 332759 78264 2 false true false 3714003 1443093 5157096 FEES & SERVICES CHARGES 1355749 1355749 MORTGAGE & NOTE INTEREST 1084951 1084951 ADMINISTRATION INCOME 28088 28088 RENTAL PROPERTY -700 -700 2468088 1052465 1052465 GAIN ON ACQUISITION OF ASSETS 24108 24108 MISCELLANEOUS INCOME 203 203 NET ASSETS RELEASED FROM REST -100000 -100000 -75689 8601960 2392399 1052465 1093927 1093927 332759 332759 1765371 1560977 87166 117228 83435 71582 4280 7573 225888 206332 8667 10889 155418 140329 6448 8641 72304 68713 3572 19 29380 26442 2938 25006 17195 2308 5503 21327 18623 1972 732 55749 50325 5424 147825 124538 9321 13966 43768 33746 3004 7018 547592 547592 207816 187034 20782 40326 36350 3976 BAD DEBT EXPENSE 1067616 1067616 CONTRACT SERVICES 329954 174752 18824 136378 PASS THRU GRANTS 214651 214651 LOANS FORGIVEN 152278 152278 667430 640590 14294 12546 7279820 6766351 192976 320493 5877221 7452361 4625802 4755136 311767 296214 589845 375395 36799616 36990508 140082 112486 4166559 589099 3529626 3577460 88500 88500 643750 33838 717145 912833 53323354 54594731 1097069 662139 1794340 1347792 1310771 1592603 8189635 7195274 16026183 17562984 2014397 2020840 30432395 30381632 X 10286544 12574993 11176915 10324506 1427500 1313600 22890959 24213099 53323354 54594731 1322140 X false true X true true true X 3517964 5405008 3382421 5723549 5157096 23186038 3068563 2102919 2637081 2832312 2392399 13033274 6586527 7507927 6019502 8555861 7549495 36219312 2016087 3414811 2689610 4816503 4174375 17111386 2016087 3414811 2689610 4816503 4174375 17111386 19107926 1198350 2242707 522106 480070 1052465 5495698 1198350 2242707 522106 480070 1052465 5495698 7784877 9750634 6541608 9035931 8601960 41715010 0.45810 0.46930 0.13000 0.14000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false true X 130133 130133 3245162 80396 3164766 791264 508703 282561 3577460 EQUITY EQUIVALENT 2000000 LONG TERM SERVICING PAYABLE 13577 CLIENT ADVANCES & DEPOSITS 7263 2020840 8601960 8601960 8601960 7279820 7279820 7279820 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 APPALACHIA SERVICE PROJECT INC 4523 BRISTOL HIGHWAY JOHNSON CITY TN 37601 620989383 501C3 8023 PRODUCTION INCENTIVE BEATTYVILLE HOUSING DEVELOPMENT 813 HWY 52 W BEATTYVILLE KY 41311 611254002 501C3 31154 ARC DRAW CHRISTIAN APPALACHIAN PROJECT INC 6550 S KY ROUTE 321 HAGERGILL KY 41222 610661137 501C3 35272 ARC DRAW COAP INC PO BOX 1617 HARLAN KY 40831 311095116 501C3 107170 HOME DRAW COMMUNITY HOUSING PARTNERS CORP 448 DEPOT ST NE CHRISTIANSBURG VA 24073 541023025 501C3 402825 FHLB AHP DRAW FRONTIER HOUSING INC 5445 FLEMINGSBURG RD MOREHEAD KY 40351 610863958 501C3 42019 AHTF/ARC HOUSING DEVELOPMENT ALLIANCE INC PO BOX 7284 HAZARD KY 41702 611253346 501C3 73936 ARC DRAW, AHTF HOUSING ORIENTED MINISTRIES 65 BENTEY AVE WHITESBURG KY 41858 611060053 501C3 49062 PRODUCTION INCENTIVE KY COMMUNITY ACTION PARTERNSHIP PO BOX 490 BARBOURVILLE KY 40906 610647835 501C3 103557 AHP DISBURSEMENTS KY RIVER FOOTHILLS DEVELOPMENT COUNCIL INC 309 SPANGLER DRIVE RICHMOND KY 404760786 610650246 501C3 15000 ARC DRAWS KY HIGHLANDS INVESTMENT CORP PO BOX 1738 LONDON KY 40743 610673339 501C4 55190 ARC & HOME DRAWS KNOX HOUSING PARTNERSHIP 109 N WINONA STREET KNOXVILLE TN 37917 621465760 501C3 43750 NEIGHBORWORKS KY MOUNTAIN HOUSING DEVELOPMENT CORPORATION PO BOX 729 MANCHESTER KY 40962 610865223 501C3 32279 PRODUCTION INCENTIVE PARTNERSHIP HOUSING PO BOX 997 BOONEVILLE KY 41314 611486773 501C3 58959 ARC DRAWS PEOPLES SELF HELP HOUSING INC 307 KY 59 VANCEBURG KY 41179 610999804 501C3 35731 PRODUCTION INCENTIVE 14 1 X false false false false false false false false false JIM KING PRESIDENT 126351 36592 162943 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 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 LIHTC PROJ KY N/A FAHE TN LLC 106 PASCO STREET BEREA KY 40403 461677318 FIN. FAC. 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 true false false false false false false false false false false false PEOPLES SELF HELP HOUSING E 500000 FAIR VALUE COMMUNITY HOUSING PARTNERS H 3038438 FAIR VALUE