INTERFAITH HOUSING ALLIANCE INC

EIN: 521708782 501(c)(3) Housing & Shelter

FREDERICK, MD

Total Revenue
$1,648,735
Total Expenses
$1,545,760
Total Assets
$3,127,617
Net Assets
$-544,288
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1990
Legal Domicile
MD
Principal Officer
ANNA RINI
Phone
3016624225
Tax Period
2024-07-01 to 2025-06-30

INTERFAITH HOUSING ALLIANCE INC, founded in 1990, is a community nonprofit in the Housing & Shelter sector that reported $1.6M in total revenue in fiscal year 2024. Revenue grew 12% year-over-year, indicating healthy expansion. Expenses of $1.5M left a modest 6% surplus.

Mission

TO STRENGTHEN COMMUNITIES BY PROVIDING AFFORDABLE HOUSING OPPORTUNITIES AND SUPPORTIVE SERVICES TO IMPROVE THE QUALITY OF LIFE AND ECONOMIC STABILITY FOR SENIORS, WORKING FAMILIES, AND INDIVIDUALS.

Program Service Accomplishments

Program 1
Expenses: $1,372,529 Revenue: $1,620,427

IHA HAS COMPLETED OVER 1,685 HOUSING UNITS AND HAS ALSO ASSISTED OTHER COMMUNITY ORGANIZATIONS IN ADDRESSING HOUSING ISSUES FOR SPECIAL NEEDS POPULATIONS. IHA'S BASIC STRATEGY HAS BEEN TO DEVELOP...

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IHA HAS COMPLETED OVER 1,685 HOUSING UNITS AND HAS ALSO ASSISTED OTHER COMMUNITY ORGANIZATIONS IN ADDRESSING HOUSING ISSUES FOR SPECIAL NEEDS POPULATIONS. IHA'S BASIC STRATEGY HAS BEEN TO DEVELOP PROJECTS IN COLLABORATION WITH LOCAL GOVERNMENTS, SOCIAL SERVICE AGENCIES, AND THE BUSINESS AND FAITH COMMUNITIES. BECAUSE OF THESE RELATIONSHIPS, IHA HAS DEVELOPED A SUCCESSFUL MODEL FOR COMMUNITY DEVELOPMENT BY SERVING AS A CATALYST IN ASSEMBLING LAND, FINANCIAL AND TECHNICAL RESOURCES. THE HOUSING DEVELOPED BY THE ORGANIZATION HAS CLEAR ECONOMIC DEVELOPMENT BENEFITS THROUGH THE CREATION OF JOBS FOR ITS PROJECTS, AND BY SUPPORTING PROGRAM PARTICIPANTS TO BECOME ACTIVE CONTRIBUTORS TO THE COMMUNITIES IN WHICH THEY RESIDE. IHA PROVIDES ACCESS TO FINANCIAL WELL-BEING AND HOUSING STABILITY PROGRAMS THAT ASSIST HOMEBUYERS WITH EACH STEP IN THE BUYING PROCESS AND PROVIDES SUPPORTIVE SERVICES FOR RESIDENTS IN MANAGED AFFORDABLE HOUSING COMMUNITIES TO INCREASE THEIR ACCESS TO PHYSICAL, SOCIAL, MENTAL AND FINANCIAL WELL-BEING.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $973,885
Program Service Revenue $687,804
Investment Income $-17,552
Other Revenue $4,598
TOTAL REVENUE $1,648,735

Expense Breakdown

Grants Paid $0
Salaries & Benefits $961,224
Fundraising Expenses $9,624
Program Expenses $1,372,529
Other Expenses $584,536
TOTAL EXPENSES $1,545,760

Year-over-Year Comparison

2024 2023 Change
Revenue $1,648,735 $1,477,078 +0.1%
Expenses $1,545,760 $1,990,348 -0.2%
Net Income $102,975 $-513,270 -1.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
7
Independent Members
7
Employees
24
Volunteers
8

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
6
$253,697
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PATRICIA GALLOWAY CHAIRMAN 2.00
Officer Director
$0 $0 $0
CHRIS HESEN TREASURER 2.00
Officer Director
$0 $0 $0
WAKEENA JACKSON DIRECTOR 1.00
Director
$0 $0 $0
ERIC SOTER SECRETARY 2.00
Officer Director
$0 $0 $0
DAN EBERSOLE VICE CHAIRMAN 2.00
Officer Director
$0 $0 $0
SWEETY PATEL DIRECTOR 1.00
Director
$0 $0 $0
EVAN OWENS DIRECTOR 1.00
Director
$0 $0 $0
JODIE OSTOICH PRESIDENT/CEO 40.00
Officer
$125,860 $15,505 $141,365
ANNA RINI DIRECTOR OF FINANCE 40.00
Officer
$98,749 $13,583 $112,332
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $1,648,735 $1,545,760 $3,127,617 $102,975
2024 $1,477,078 $1,990,348 $3,222,887 $-513,270
2023 $1,996,045 $1,842,382 $2,946,155 $153,663
2022 $1,632,551 $1,555,605 $2,808,054 $76,946
2021 $1,419,731 $1,492,298 $3,190,413 $-72,567
2020 $1,938,324 $1,639,910 $3,276,503 $298,414
2019 $2,098,818 $1,507,910 $3,975,343 $590,908
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