2011-12-09T12:25:19-06:00 2011-06-30 CRAFT NOBLE & COMPANY PLLC 1018 IVAL JAMES BLVD STE B RICHMOND KY 40475 990 2010-07-01 310986871 FEDERATION OF APPALACHIAN HOUSING ENTERPRISES INC FEDE 8599862321 106 PASCO STREET BEREA KY 40403 THOMAS SEEL 8599862321 2011-11-29 true JOHN N CRAFT 8596234027 2011-12-09 2010 2016-02-24 21:20:13Z 5796330 false X WWW.FAHE.ORG X FAHE LEADS A NETWORK OF APPALACHIAN ORGANIZATIONS TO SUSTAINABLE GROWTH AND MEASURABLE IMPACT THROUGH COLLECTIVE VOICE AND PROVIDES ACCESS TO CAPITAL THAT CREATES HOUSING AND PROMOTES COMMUNITY DEVELOPMENT. 13 13 36 13 0 2672906 2578983 1923513 1988547 102117 148784 544413 1080016 5242949 5796330 0 0 2013652 2099441 0 264957 2696495 3382421 4710147 5481862 532802 314468 42878454 45089367 23735027 25631472 19143427 19457895 FAHE LEADS A NETWORK OF APPALACHIAN ORGANIZATIONS TO SUSTAINABLE GROWTH AND MEASURABLE IMPACT THROUGH COLLECTIVE VOICE AND PROVIDES ACCESS TO CAPITAL THAT CREATES HOUSING AND PROMOTES COMMUNITY DEVELOPMENT. false false 3106388 ACCOMPLISHMENTS OF FY 2011: -TOTAL DIRECT INVESTMENTS: 44 MILLION -TOTAL CAPITAL UNDER MANAGEMENT INCLUDING LOANS SERVICED FOR OTHER ORGANIZATIONS: 110 MILLION -MEMBERS SERVED OVER 6,000 FAMILIES -IMPACT: SINCE INCEPTION, FAHE MEMBERS HAVE BUILT AND/OR PRESERVED MORE THAN 69,000 HOMES, MADE OVER 269 MILLION IN DIRECT INVESTMENT FOR A TOTAL CUMULATIVE IMPACT OF 685 MILLION. 3106388 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 false false false false false false false false false false false false false false false true false false false false false true 66 0 true 36 true false false false false false false X 13 13 false false true false false false false true true false false true true true true true true true true false KY X X THOMAS SEEL 8599862321 106 PASCO STREET BEREA KY 40403 JOSEPH BELDEN 1.00 X 0 0 0 SCOTT MCREYNOLDS 1.00 X 0 0 0 ANDY KEGLEY 1.00 X 0 0 0 DAVID KREHER 1.00 X 0 0 0 JUSTIN MAXSON 1.00 X 0 0 0 MIKE RUSH 1.00 X 0 0 0 RALPH PERREY 1.00 X 0 0 0 ROBERT ADAMS 1.00 X 0 0 0 KAREN JACOBSON 1.00 X 0 0 0 JOHN MARTYS 1.00 X 0 0 0 KELLY SPEARS 1.00 X 0 0 0 JACKIE MAYO 1.00 X 0 0 0 ANDRES SAAVEDRA 1.00 X 0 0 0 JIM KING 40.00 X 108286 0 0 PAM JOHNSON 40.00 X 92988 0 0 THOMAS SEEL 40.00 X 91259 0 0 SARA MORGAN 40.00 X 74030 0 0 366563 1 false false false 2567483 11500 2578983 MORTGAGE & NOTE INTEREST 1026016 1026016 FEES & SERVICES CHARGES 919341 919341 RENTAL PROPERTY 23550 23550 ADMINISTRATION INCOME 19640 19640 1988547 148784 148784 GAIN ON ACQUISITION OF ASSETS 1075196 1075196 MISCELLANEOUS INCOME 4820 4820 1080016 5796330 3068563 148784 2099441 1189684 808284 101473 36257 20546 13959 1752 100308 56842 38618 4848 90824 51466 34967 4391 38660 21908 14884 1868 536520 304028 206560 25932 69000 39100 26565 3335 PASSTHROUGH LOAN EXPENSE 1067042 604656 410812 51574 BAD DEBT EXPENSE 704591 399268 271268 34055 CONTRACT SERVICES 213127 120772 82054 10301 PROFESSIONAL FEES 124038 70288 47755 5995 DEPRECIATION 86211 48852 33192 4167 315843 178978 121599 15266 5481862 3106388 2110517 264957 6673988 3142495 2710537 537500 781903 161219 32415425 36231705 98470 105819 1208345 407437 860177 800908 71300 1510991 1865384 42878454 45089367 454056 455384 433030 550917 289921 508739 20202604 22082402 2355416 2034030 23735027 25631472 X 7706188 8250375 11206105 10846386 231134 361134 19143427 19457895 42878454 45089367 314468 X false true true X true true X 3236979 2078863 3535112 3742688 3517964 16111606 3068563 3068563 3236979 2078863 3535112 3742688 6586527 19180169 19180169 892742 990557 1064867 955848 1198350 5102364 892742 990557 1064867 955848 1198350 5102364 4129721 3069420 4599979 4698536 7784877 24282533 0.78990 0.75330 0.21000 0.25000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false false false false false true false false false 75000 75000 643640 104615 539025 28295 23275 5020 461410 279547 181863 800908 EQUITY EQUIVALENT 2000000 CLIENT ADVANCES & DEPOSITS 34030 2034030 5796330 5481862 314468 314468 5796330 5796330 5796330 5481862 5481862 5481862 ESCROW LIABILITY ARRANGEMENT EXPLANATION 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. SIGNIFICANT CHANGES TO ORGANIZATIONAL DOCUMENTS FORM 990, PAGE 6, PART VI, LINE 4 THE ORGANIZATION AMENDED ITS BYLAWS. THE FOLLOWING CHANGES ARE CONSIDERED SIGNIFICANT:1)NEW SEPARATE DEFINITIONS OF QUORUM FOR MEETINGS OF MEMBERS AND MEETINGS OF THE BOARD OF DIRECTORS; 2)THE COMPOSITION OF THE BOARD'S VOTING MEMBERS, INCLUDING THE FORMATION OF CAUCUSES FROM EACH STATE; 3)A NEW OFFICER (VICE-CHAIRPERSON) POSITION WAS ESTABLISHED. ORGANIZATION'S PROCESS USED TO REVIEW FORM 990 FORM 990, PAGE 6, PART VI, LINE 11B AN ELECTRONIC COPY OF THE RETURN WAS EMAILED TO THE FINANCE COMMITTEE FOR REVEIW AND APPROVAL. ONCE APPROVED BY THE FINANCE COMMITTEE THE ELECTRONIC COPY WAS SUBMITTED TO THE ENTIRE BOARD OF DIRECTORS FOR APPROVAL BEFORE FINAL SUBMISSION TO THE SERVICE. ENFORCEMENT OF CONFLICTS POLICY 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. COMPENSATION PROCESS FOR TOP OFFICIAL 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. COMPENSATION PROCESS FOR OFFICERS 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 EMLOYEES WHEN AVAILABLE. GOVERNING DOCUMENTS DISCLOSURE EXPLANATION 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 CDBG CONS. 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