MISSION
Develop, Build, Own & Manage Affordable Housing
DEMOGRAPHIC
ADDRESS
1101 WEST 9TH STREET
52804
COUNTY
scott county, IA
IN CARE OF NAME
CHRIS ALES
ORGANIZATIONAL OVERVIEW & RANKINGS
ALES FOUNDATION is a based in DAVENPORT, IA, focused on Housing, Shelter causes , specifically Housing Development, Construction, Management. Established in August 2019, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $11,536,728.00, this ranks 53,326 among 2,656,690 nonprofits nationally (Top 3%), demonstrating exceptional financial capacity relative to its peers. At the state level, it stands at 597 out of 40,025 organizations in IA (Top 2%).
In scott county, IA, the organization ranks 33 out of 1,455 nonprofits by assets (Top 3%), while locally in davenport, it stands at 27 among 861 organizations (Top 3%).
The organization reported annual revenue of $3,870,775.00, ranking 56,848 nationally (Top 3%) and 632 in IA (Top 2%).
Within its specific NTEE classification (L20 - L: Housing, Shelter), which includes 6,518 similar organizations, ALES FOUNDATION ranks 325 in assets (Top 5%) and 223 in revenue (Top 4%).
The organization files a 990 (all other) or 990EZ return and operates on a November fiscal year.
CLASSIFICATION
ORGANIZATION CODE
1: Corporation
DEDUCTIBILITY CODE
1: Contributions are deductible
AFFILIATION CODE
3: Independent
SUBSECTION/CLASSIFICATION CODES
ACTIVITY CODES
N/A
NTEE COMMON CODE
L: Housing, Shelter
NTEE CODE
L20: Housing Development, Construction, Management
FOUNDATION CODE
16: Organization that normally receives no more than one third of its support from gross investment income and unrelated business income and at the same time more than one third of its support from contributions, fees, and gross receipts related to exempt purposes. 509(a)(2)
EXEMPT ORGANIZATION STATUS CODE
N/A
FINANCIALS
TAX PERIOD
12/2022
ACCOUNTING PERIOD
12
INCOME CODE
6: $1,000,000 to $4,999,999
INCOME AMOUNT
$3,870,775.00
FORM 990 REVENUE AMOUNT
$3,870,775.00
RULING DATE
08/2019
ASSET CODE
8: $10,000,000 to $49,999,999
ASSET AMOUNT
$11,536,728.00
FILING REQUIREMENT CODE
990 (all other) or 990EZ return
PF FILING REQUIREMENT CODE
No 990-PF return
Disclaimer: While we are confident of the accuracy of the information on this page, we encourage you verify the information directly with IRS. The IRS has a toll-free number for this at 1-877-829-5500 or visit www.irs.gov.
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