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Low Income Housing Development Corporation Of Terre Haute

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Housing, Shelter N.E.C. (NTEE)

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$889k (2023)

Expenses
$712k (2023)

Total Assets
$10.8M (2023)

Total Liabilities
$2.09M (2023)

Years with missing data
Source: Form 990 tax filings from 2013 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Sept.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$889,304
Expenses
$712,039
Net Income
$177,265
Net Assets
$8,740,146
Notable Sources of Revenue Percent of Total Revenue
Contributions $498,801
56.1%
Program Services $346,042
38.9%
Investment Income $44,461
5.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $150,872
21.2%
Assets/Debt
Total Assets $10,827,521
Total Liabilities $2,087,375
Net Assets $8,740,146
Compensation
Key Employees and Officers Compensation Related Other
James Counterman (Board Member) $0 $875 $0
Teresa Prince (Board Member) $0 $500 $0
Marshall Rector (Board Member) $0 $875 $0
Michael Waugh (Vice President) $0 $750 $0
John Wolf (Board Member) $0 $875 $0
Patricia Parker Zaikovsky (President) $0 $875 $0
J Glenn Purnell (Board Member) $0 $625 $0
Jeffrey Stewart (Executive Director) $0 $202,887 $0
Maria Lake (Director Of Finance/Treasu) $0 $97,792 $0

Document Links

Fiscal Year Ending Sept.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$871,795
Expenses
$659,293
Net Income
$212,502
Net Assets
$8,556,152
Notable Sources of Revenue Percent of Total Revenue
Contributions $486,004
55.7%
Program Services $337,818
38.7%
Investment Income $47,973
5.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $139,570
21.2%
Assets/Debt
Total Assets $10,761,853
Total Liabilities $2,205,701
Net Assets $8,556,152
Compensation
Key Employees and Officers Compensation Related Other
James Counterman (Board Member) $0 $875 $0
Teresa Prince (Board Member) $0 $500 $0
Marshall Rector (Board Member) $0 $625 $0
Michael Waugh (Vice President) $0 $750 $0
John Wolf (Board Member) $0 $1,125 $0
Patricia Parker Zaikovsky (President) $0 $1,125 $0
J Glenn Purnell (Board Member) $0 $750 $0
Jeffrey Stewart (Executive Director) $0 $189,827 $0
Maria Lake (Director Of Finance/Treasu) $0 $90,823 $0

Document Links

Fiscal Year Ending Sept.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$859,923
Expenses
$636,875
Net Income
$223,048
Net Assets
$8,343,650
Notable Sources of Revenue Percent of Total Revenue
Contributions $280,942
32.7%
Program Services $534,710
62.2%
Investment Income $44,271
5.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $126,208
19.8%
Assets/Debt
Total Assets $10,447,057
Total Liabilities $2,103,407
Net Assets $8,343,650
Compensation
Key Employees and Officers Compensation Related Other
James Counterman (Board Member) $0 $500 $0
Teresa Prince (Board Member) $0 $375 $0
Marshall Rector (Board Member) $0 $250 $0
Michael Waugh (Vice President) $0 $500 $0
John Wolf (Board Member) $0 $500 $0
Patricia Parker Zaikovsky (President) $0 $625 $0
J Glenn Purnell (Board Member) $0 $500 $0
Jeffrey Stewart (Executive Director/Secreta) $0 $144,656 $16,197
Maria Lake (Director Of Finance/Treasu) $0 $72,105 $7,470

Document Links

Fiscal Year Ending Sept.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,206,841
Expenses
$762,697
Net Income
$444,144
Net Assets
$8,120,602
Notable Sources of Revenue Percent of Total Revenue
Contributions $285,159
23.6%
Program Services $822,629
68.2%
Investment Income $99,053
8.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $110,352
14.5%
Assets/Debt
Total Assets $10,244,276
Total Liabilities $2,123,674
Net Assets $8,120,602
Compensation
Key Employees and Officers Compensation Related Other
James Counterman (Board Member) $0 $1,000 $0
Teresa Prince (Board Member) $0 $750 $0
Marshall Rector (Board Member) $0 $500 $0
Michael Waugh (Vice President) $0 $875 $0
John Wolf (Board Member) $0 $750 $0
Patricia Parker Zaikovsky (President) $0 $1,000 $0
J Glenn Purnell (Board Member) $0 $750 $0
Jeffrey Stewart (Executive Director/Secreta) $0 $152,829 $14,600
Maria Lake (Director Of Finance/Treasu) $0 $69,669 $6,532

Document Links

Fiscal Year Ending Sept.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$962,672
Expenses
$598,928
Net Income
$363,744
Net Assets
$7,658,854
Notable Sources of Revenue Percent of Total Revenue
Contributions $267,390
27.8%
Program Services $616,204
64.0%
Investment Income $79,078
8.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $9,810,192
Total Liabilities $2,151,338
Net Assets $7,658,854
Compensation
Key Employees and Officers Compensation Related Other
James Counterman (Board Member) $0 $1,000 $0
Teresa Prince (Board Member) $0 $625 $0
Marshall Rector (Board Member) $0 $500 $0
Michael Waugh (Vice President) $0 $1,000 $0
John Wolf (Board Member) $0 $750 $0
Patricia Parker Zaikovsky (President) $0 $1,000 $0
J Glenn Purnell (Board Member) $0 $375 $0
Jeffrey Stewart (Executive Director/Secretary) $0 $151,856 $30,919
Maria Lake (Director Of Finance/Treasurer) $0 $66,617 $12,633

Document Links

Fiscal Year Ending Sept.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$803,447
Expenses
$531,523
Net Income
$271,924
Net Assets
$7,293,827
Notable Sources of Revenue Percent of Total Revenue
Contributions $242,435
30.2%
Program Services $535,857
66.7%
Investment Income $25,155
3.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $7,828,614
Total Liabilities $534,787
Net Assets $7,293,827
Compensation
Key Employees and Officers Compensation Related Other
James Counterman (Board Member) $0 $1,125 $0
Teresa Prince (Board Member) $0 $625 $0
Marshall Rector (Board Member) $0 $375 $0
Michael Waugh (Vice President) $0 $1,000 $0
John Wolf (Board Member) $0 $125 $0
Patricia Parker Zaikovsky (President) $0 $1,125 $0
J Glenn Purnell (Board Member) $0 $750 $0
Jeffrey Stewart (Executive Director/Secreta) $0 $143,088 $32,120
Maria Lake (Director Of Finance/Treasu) $0 $61,047 $12,448

Document Links

Fiscal Year Ending Sept.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$773,549
Expenses
$504,440
Net Income
$269,109
Net Assets
$7,021,903
Notable Sources of Revenue Percent of Total Revenue
Contributions $249,462
32.2%
Program Services $522,012
67.5%
Investment Income $2,075
0.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $7,557,623
Total Liabilities $535,720
Net Assets $7,021,903
Compensation
Key Employees and Officers Compensation Related Other
James Counterman (Board Member) $0 $1,125 $0
Teresa Prince (Board Member) $0 $1,125 $0
Marshall Rector (Board Member) $0 $250 $0
Michael Waugh (Vice President) $0 $875 $0
John Wolf (Board Member) $0 $375 $0
Patricia Parker Zaikovsky (President) $0 $1,125 $0
J Glenn Purnell (Board Member) $0 $625 $0
Jeffrey Stewart (Executive Director/Secretary) $0 $146,680 $30,380
Maria Lake (Director Of Finance/Treasurer) $0 $57,108 $10,894

Document Links

Fiscal Year Ending Sept.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$982,901
Expenses
$1,717,988
Net Income
-$735,087
Net Assets
$6,752,794
Notable Sources of Revenue Percent of Total Revenue
Contributions $244,733
24.9%
Program Services $735,650
74.8%
Investment Income $2,518
0.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $7,283,657
Total Liabilities $530,863
Net Assets $6,752,794
Compensation
Key Employees and Officers Compensation Related Other
James Counterman (Board Member) $0 $875 $0
Teresa Prince (Board Member) $0 $625 $0
Marshall Rector (Board Member) $0 $500 $0
Michael Waugh (Board Member) $0 $1,000 $0
John Wolf (Board Member) $0 $750 $0
J Glenn Purnell (Board Member) $0 $500 $0
Patricia Parker Zaikovsky (President) $0 $1,125 $0
Jeffrey Stewart (Executive Director) $0 $132,452 $27,771

Document Links

Fiscal Year Ending Sept.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
-$1,376,492
Expenses
$528,324
Net Income
-$1,904,816
Net Assets
$7,487,881
Notable Sources of Revenue Percent of Total Revenue
Contributions $263,455
Program Services $743,261
Investment Income $1,337
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$2,384,545
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $8,169,389
Total Liabilities $681,508
Net Assets $7,487,881
Compensation
Key Employees and Officers Compensation Related Other
Patricia Parker Zaikovsky (President) $925 $0 $0
James Counterman (Board Member) $800 $0 $0
Michael Waugh (Board Member) $800 $0 $0
Teresa Prince (Board Member) $675 $0 $0
John Wolf (Board Member) $550 $0 $0
Marshall Rector (Board Member) $275 $0 $0
J Glenn Purnell (Board Member) $0 $0 $0
Jeffrey Stewart (Executive Director) $0 $144,944 $27,893

Document Links

Fiscal Year Ending Sept.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,341,898
Expenses
$1,052,714
Net Income
$289,184
Net Assets
$8,719,339
Notable Sources of Revenue Percent of Total Revenue
Contributions $807,378
60.2%
Program Services $512,516
38.2%
Investment Income $22,004
1.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $9,082,323
Total Liabilities $362,984
Net Assets $8,719,339

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

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  • Raw filing data. Includes EINs and summary financials as structured data.
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  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
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  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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