2011-01-18T08:01:57-06:00 2010-06-30 CRAFT NOBLE & COMPANY PLLC 1018 IVAL JAMES BLVD STE B RICHMOND KY 40475 990 2009-07-01 310986871 FEDERATION OF APPALACHIAN HOUSING ENTERPRISES INC FEDE 8599862321 106 PASCO STREET BEREA KY 40403 THOMAS SEEL 8599862321 2010-11-01 true P JARED NOBLE 8596234027 2011-01-18 2009 2016-02-24 21:20:13Z 5242949 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 35 0 3535112 2672906 1719316 1923513 51459 102117 246977 544413 5552864 5242949 0 0 1640540 2013652 0 166818 2256203 2696495 3896743 4710147 1656121 532802 41275578 42878454 22664953 23735027 18610625 19143427 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 2708334 ACCOMPLISHMENTS OF FY 2010: -TOTAL DIRECT INVESTMENTS: 33.7 MILLION -MORTGAGE LENDING: 13.8 MILLION, WITH LENDING TO LOW-INCOME FAMILIES INCREASING BY 60% -LOAN TO NONPROFITS: 13 MILLION -EQUITY FUNDS FOR RENTAL: 25 MILLION -CONSULTING: 4.3 MILLION IN FUNDED PROJECTS -TOTAL CAPITAL UNDER MANAGEMENT: 108 MILLION -MEMBERSHIP: GREW TO 50 MEMBERS INCLUDING NONPROFIT DEVELOPERS, COMMUNITY ACTION AGENCIES, LOCAL HABITAT CHAPTERS, AND HOUSING AUTHORITIES -LOAN SERVICING: DELINQUENCY RATES BELOW 2.5% ON POTFOLIO OF 2,800 LOANS -IMPACT: LAST YEAR THE FAHE NETWORK SERVED MORE THAN 4,500 FAMILIES 2708334 true true false false false false false true false true 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 38 0 true 35 true false false false false false 13 13 false false false false false false false true true false false true true true true true true true true false KY X THOMAS SEEL 8599862321 106 PASCO STREET BEREA KY 40403 JOSEPH BELDEN 4.00 X 0 0 0 STACEY EPPERSON 4.00 X 0 0 0 ANDY KEGLEY 4.00 X 0 0 0 DAVID KREHER 4.00 X 0 0 0 JUSTIN MAXSON 4.00 X 0 0 0 MIKE RUSH 4.00 X 0 0 0 TERRY CUNNINGHAM 4.00 X 0 0 0 ROBERT ADAMS 4.00 X 0 0 0 DAVID HAYES 4.00 X 0 0 0 JOHN MARTYS 4.00 X 0 0 0 KELLY SPEARS 4.00 X 0 0 0 ALEXIS BUTCHER 4.00 X 0 0 0 RANDY MILLER 4.00 X 0 0 0 JIM KING 40.00 X 100908 0 0 THOMAS SEEL 40.00 X 89309 0 0 PAM JOHNSON 40.00 X 88328 0 0 SARA MORGAN 40.00 X 69793 0 0 348338 1 false false false 1248556 1424350 2672906 FEES & SERVICES CHARGES 1007652 1007652 MORTGAGE & NOTE INTEREST 850631 850631 ADMINISTRATION INCOME 62130 62130 RENTAL PROPERTY 3100 3100 1923513 102117 102117 GAIN ON ACQUISITION OF AFFILI 293144 293144 ACQUISITION GAIN (EXTRAORDINA 250000 250000 MISCELLANEOUS INCOME 1269 1269 544413 5242949 2467926 102117 2013652 1157850 784485 71317 81499 46863 31750 2886 83474 47998 32520 2956 102603 58997 39972 3634 29493 16958 11490 1045 525612 302227 204770 18615 51569 29652 20091 1826 PASSTHROUGH LOAN EXPENSE 762051 438180 296882 26989 BAD DEBT EXPENSE 407366 234235 158703 14428 CONTRACT SERVICES 237713 136685 92609 8419 DEPRECIATION 71737 41249 27947 2541 PROFESSIONAL FEES 70317 40433 27394 2490 273061 157007 106382 9672 4710147 2708334 1834995 166818 4406291 6673988 2100000 537500 257831 781903 32915289 32415425 61466 98470 1181402 321225 285724 860177 1248977 1510991 41275578 42878454 276792 454056 321794 433030 345614 289921 19505451 20202604 2215302 2355416 22664953 23735027 X 7702728 7706188 10726775 11206105 181122 231134 18610625 19143427 41275578 42878454 X true true true X true true X 1550064 3236979 2078863 3535112 3742688 14143706 1550064 3236979 2078863 3535112 3742688 14143706 14143706 721195 892742 990557 1064867 955848 4625209 721195 892742 990557 1064867 955848 4625209 178 4043 99 1269 5589 2271437 4129721 3073463 4600078 4699805 18774504 0.75330 0.74070 0.25000 0.26000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false false false false false true false false false 75000 75000 643640 88928 554712 28494 18254 10240 434268 214043 220225 860177 EQUITY EQUIVALENT 2000000 CLIENT ADVANCES & DEPOSITS 355416 2355416 5242949 4710147 532802 532802 5242949 5242949 5242949 4710147 4710147 4710147 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. FIRST ACHIEVEMENT DESCRIPTION FORM 990, PAGE 2, PART III, LINE 4A -LOAN SERVICING: DELINQUENCY RATES BELOW 2.5% ON POTFOLIO OF 2,800 LOANS -IMPACT: LAST YEAR THE FAHE NETWORK SERVED MORE THAN 4,500 FAMILIES ORGANIZATION'S PROCESS USED TO REVIEW FORM 990 FORM 990, PAGE 6, PART VI, LINE 11 AN ELECTRONIC COPY OF THE RETURN WAS EMAILED TO THE FINANCE COMMITTEE FOR REVEIW AND APPROVAL. ONCE APPROVED BY THE FINANCE COMMITTEE THE ELECTONIC 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. GOING FORWRD THIS POLICY WILL BE TO HAVE THE DISCLOSURE COMPLETED NO LESS THAN 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. 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 NO DOCUMENTS AVAILABLE TO THE PUBLIC FAHE CONSULTING LLC PO BOX 908 BEREA KY 40403 208247186 CDBG CONS. KY 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 false false false false false false false false false false false false false