Southern Iowa Cog Housing Trust Fund

Southern Iowa Cog Housing Trust Fund consistently deploys funds with no reported officer compensation.

EIN: 10838477 · Creston, IA · NTEE: L80 · Updated: 2026-03-27

$201KRevenue

$1.6MAssets

90/100Mission Score (Excellent)

L80

About Southern Iowa Cog Housing Trust Fund

Southern Iowa Cog Housing Trust Fund (EIN: 10838477) is a nonprofit organization based in Creston, IA, classified under NTEE code L80. The organization reported total revenue of $201K and total assets of $1.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Southern Iowa Cog Housing Trust Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Southern Iowa Cog Housing Trust Fund demonstrates consistent financial activity focused on its mission, as evidenced by its IRS 990 filings. The organization maintains a healthy asset base, with assets consistently over $1.2 million and reaching $1,560,614 in the latest period, significantly exceeding its liabilities. Its program spending appears robust, with expenses generally aligning closely with revenue, indicating active deployment of funds. For instance, in 2023, expenses were $236,574 against revenues of $257,003.

The organization's transparency is bolstered by its consistent filing of IRS 990 forms over 13 periods, providing a clear historical financial record. A notable strength is the reported 0% officer compensation across all available filings, suggesting that leadership is either volunteer-based or compensated through other means not categorized as officer compensation, which can be a positive indicator of resource allocation directly to programs. While specific breakdowns of program, administrative, and fundraising expenses are not explicitly detailed in the provided summary, the overall financial picture suggests a well-managed entity with a strong commitment to its stated purpose.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Southern Iowa Cog Housing Trust Fund with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

admin: 10%
programs: 90%
fundraising: 0%

According to IRS 990 filings, Southern Iowa Cog Housing Trust Fund allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is either entirely volunteer-based or compensated through non-officer roles, which is a strong positive for resource allocation.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Strengths

The following positive indicators were identified for Southern Iowa Cog Housing Trust Fund:

Consistent financial reporting over 13 periods.
Strong asset base relative to liabilities (e.g., $1,560,614 assets vs. $49,607 liabilities in 2023).
0% reported officer compensation across all filings, indicating efficient use of funds.
Expenses generally align with revenue, suggesting active program delivery.
Healthy financial position with consistent net assets.

Frequently Asked Questions about Southern Iowa Cog Housing Trust Fund

Is Southern Iowa Cog Housing Trust Fund a good charity?

Based on the provided data, Southern Iowa Cog Housing Trust Fund appears to be a well-managed organization with strong financial health, consistent program activity, and no reported officer compensation, suggesting a high dedication to its mission.

How does Southern Iowa Cog Housing Trust Fund manage its assets?

The organization consistently maintains a strong asset base, with assets ranging from $1.2 million to over $1.5 million, significantly exceeding its liabilities, indicating sound financial stewardship.

What is the trend in Southern Iowa Cog Housing Trust Fund's revenue and expenses?

Revenue and expenses fluctuate year-to-year but generally track closely, indicating active use of funds for its mission. For example, in 2023, revenue was $257,003 and expenses were $236,574, showing a slight surplus.

Filing History

IRS 990 filing history for Southern Iowa Cog Housing Trust Fund showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Southern Iowa Cog Housing Trust Fund's revenue has declined by 52.5%, moving from $541K to $257K. Total assets increased by 64.2% over the same period, from $892K to $1.5M. Total functional expenses rose by 263.9%, from $65K to $237K. In its most recent filing year (2023), Southern Iowa Cog Housing Trust Fund reported a surplus of $20K, with revenue exceeding expenses. The organization holds $50K in liabilities against $1.5M in assets (debt-to-asset ratio: 3.4%), resulting in net assets of $1.4M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$257K	$237K	$1.5M	$50K	—	—
2022	$184K	$261K	$1.4M	$39K	—	—
2021	$341K	$329K	$1.5M	$43K	—	View 990
2020	$292K	$264K	$1.5M	$83K	—	View 990
2019	$391K	$363K	$1.5M	$46K	—	View 990
2018	$368K	$191K	$1.4M	$36K	—	View 990
2017	$283K	$249K	$1.3M	$110K	—	—
2016	$366K	$446K	$1.2M	$35K	—	View 990
2015	$709K	$679K	$1.3M	$45K	—	View 990
2014	$746K	$336K	$1.3M	$86K	—	View 990
2013	$318K	$412K	$598K	$0	—	View 990
2012	$71K	$272K	$692K	$0	—	View 990
2011	$541K	$65K	$892K	$0	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $257K, expenses of $237K, and assets of $1.5M (revenue +39.8% year-over-year).
2022: Revenue of $184K, expenses of $261K, and assets of $1.4M (revenue -46.1% year-over-year).
2021: Revenue of $341K, expenses of $329K, and assets of $1.5M (revenue +16.9% year-over-year).
2020: Revenue of $292K, expenses of $264K, and assets of $1.5M (revenue -25.4% year-over-year).
2019: Revenue of $391K, expenses of $363K, and assets of $1.5M (revenue +6.3% year-over-year).
2018: Revenue of $368K, expenses of $191K, and assets of $1.4M (revenue +30.2% year-over-year).
2017: Revenue of $283K, expenses of $249K, and assets of $1.3M (revenue -22.8% year-over-year).
2016: Revenue of $366K, expenses of $446K, and assets of $1.2M (revenue -48.4% year-over-year).
2015: Revenue of $709K, expenses of $679K, and assets of $1.3M (revenue -5.0% year-over-year).
2014: Revenue of $746K, expenses of $336K, and assets of $1.3M (revenue +134.4% year-over-year).
2013: Revenue of $318K, expenses of $412K, and assets of $598K (revenue +345.9% year-over-year).
2012: Revenue of $71K, expenses of $272K, and assets of $692K (revenue -86.8% year-over-year).
2011: Revenue of $541K, expenses of $65K, and assets of $892K.

Data Sources and Methodology

This transparency report for Southern Iowa Cog Housing Trust Fund is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.

IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.