2009 Annual Report 2009 Annual Report

Family Housing Advisory Services, Inc.

Dear Friend of FHAS:

We are pleased to share with you our 2009 Annual Report. Throughout our 42-year history, FHAS has embraced the powerful weapons of education and advo-cacy as key to empowering people, stabilizing families, increasing housing and financial stability, improving quality of life, and advancing the prosperity of the community

Our homelessness prevention and foreclosure intervention services (click here for client testimonial) have received the support of stimulus funds that enhance and support our mission, values and work to positively impact clients during this diffi-cult economic time. Our mission is to improve the quality of life by helping people achieve housing and financial stability through education and advocacy. Last year FHAS served 18,000 individuals and 11,000 households equipping clients with quality housing and financial counseling services.

This has been a tremendous year for FHAS. We added the largest poverty-re-duction program in the United States-the Earned Income Tax Credit Coalition as a program of FHAS. Our collaborative work with the Nebraska Children and Families Foundation resulted in the addition of a matched-savings IDA Program for youths aging out of foster care. We entered our second year of the Smart Change introductory savings program for women, and we began distributing Girl Scout-provided “birthday baskets” and “pamper-me kits” for hard-working moms.

Comprehensively, our work helps families:

Prevent homelessness

Become educated homebuyers and homeowners

Understand their foreclosure prevention options

Become financially-wise consumers

Access affordable mortgage loans (subsidiary Omaha 100, Inc.)

Combat housing discrimination

Reduce poverty

While it is our privilege to provide much-needed services, there is still much work to be done. FHAS continues and renews our commitment to positively change our community one family, and one household at a time.

Thank you and enjoy our 2009 Annual Report.

Message From our leadersh ip :

Teresa Hunter, JD Executive Director/ CEO

Ernest White Board Chair

Ernest White

M a king a l ast ing Impact

1.) In July, the University of Nebraska-Omaha and FHAS hosted the First Annual “Surviving in Today’s Economy” Conference, where over 100 attendees learned the importance of finances and homeownership. The keynote speaker was David Brown, President of the Greater Omaha Chamber of Commerce. 2.) In November, FHAS hosted a housing forum at Skinner Magnet Elementary School to educate the commu-nity about homeownership, fair housing and housing developments 3.) The Earned Income Credit Program had 80 volunteers, providing $8.7 million dollars in total refunds at 22 locations. 4.) The OPPD and FHAS provided workshops to decrease energy costs. 5.) The Girl Scouts of the Midlands donated items to help fe-male headed households to spark financial and energy savings (funding provided by the Women’s Fund). 6.) Nebraska Children’s and Families Foundation partnered with FHAS for the first foster care youth Individual Development Account (IDA) program, ceremony hosted at Wells Fargo Bank Nebraska.

click photo for video

click photo for video

Total Clients-Agency Wide Individuals (households)

Total Clients Assisted (Households) 18,271 (11,871)Senior Citizens assisted - 65 years or older (6.5%) 371Children under 18 years old in households served (35%) 5,452Female Heads of Household 3,672Total Agency-wide Homeless Prevention 550 *Including 427 Tenants, 93 Fair Housing Accommodations, 30 Foreclosures Prevented

Tenant Services 4,091 (1,812)Prevented Homelessness/Obtained Housing 427Transitional Housing units receiving monthly supportive services (Iowa) 24Homelessness Prevention Funds Distributed (Oct.-Dec.) $81,748 Financial Management 1,023 (466)Working on Repairing Credit and Debt Consolidation 118 Used IDA Funds to Purchase a Car, attend College or Purchase a Home to Date 34Homes Purchased to Date Using IDA (Individual Development Account) Funds 23Total Amount IDA Program Participants Saved to Date $55,300

Homeowner Services 2,152 (1,512) Completed Homebuyer Education 218Working Towards Homeownership 441Homes Purchased 151 Foreclosure Avoided 30 Elderly Exercised the REM (Reverse Equity Mortgage) Option 135

Fair Housing 2,811 (1,277)Fair Housing Workshop Participants 3,167Investigations of Potential Fair Housing Violations 272Reasonable Accommodations 93Value of Relief for Clients $171,897

Earned Income Tax Credit Program 7,327 (6,846) Total Refunds/Average $8,700,000/$2,043 Total Earned Income Credit/Average $1,529,918/$1,863 Sites (Established & Mobile)/Volunteers/Hours 22/82/2174

Homeowner Finance-Omaha 100 236New Home Mortgage Loans (First, Second and Third) 100 Total Loan Production $4.6 millionTotal 1st Loan Production Since Inception (1992)/1st Loans Since Inception $53,300,000/901Total 2nd & 3rd Loan Production Since Inception (1992) $14,700,000

FAMILY HOUSING ADVISORY SERVICES2009 Community Impact Report

DEMO G RA P HICS

Our FinancialsJANUARY 1, 2009 DECEMBER 31, 2009

Revenue $2,034,81031% Contracted Services31% Government Grants16% United Way15% Foundations5% Lake Point Facility2% Contributions & Other

Expenses – $2,048,15027% Fair Housing18% Tenant Services17% Homeownership12% Homeowner Finance11% Administration & Fundraising7% Lake Point Facility6% Financial Literacy2% Earned Income Tax Coalition

31%

31%

16%

15%5% 2%

27%

18%17%

12%

11%

7% 6% 2%

Caucasian 44%African American 36%Hispanic 13%Asian 3%Other 4%Income Below $20k 60%

FIN ANCIAL OVERVIEW

DE MOGRAPHICS

Our Supporters

Adah and Leon Millard FoundationAlliance Building Community

Barnhart PressBennie Brightman

Carl ChristianCarla Cox

Carlene LewisCarol DorseyCarol Russell

Cedar Rapids Civil Rights CommissionCheryl Mix

City of Council BluffsCity of Omaha City Sprouts

Consumer Credit CounselingCountryside Community Church

Crown TrophyCynthia L Hadsell

Department of Housing and Urban DevelopmentDisabled American Veterans Charitable Trust

Eastern Nebraska Community ActionEdward Kentch

Egermier Group Wealth Management E-Frame

Federal Reserve Bank of Kansas CityFirst National Bank

First Unitarian Church of OmahaFred ConleyGary Fischer

Guardian RealtyGustavo Flores

Iowa Civil Rights Commission Iowa Finance AuthorityIowa West Foundation

James C. Semerad FoundationJeanne Patterson

Jill FennerJoe Garcia

John and Wende KotoucJulia Craig

Leslie SeymoreLincoln Financial Foundation

Lozier FoundationLingo Docs Marketing Mammel Foundation

Meya HillMichael Maroney

Michael RobinsonMichele Mckizia

Michelle Hadley-McGheeMunicipal Housing Agency

Mutual of Omaha FoundationMutual of Omaha Insurance Company

Nebraska AppleseedNebraska Children And Families FoundationNebraska Housing Developers Association

Nebraska Investment Finance AuthorityNeil Vacek

Omaha Community Foundation IncOmaha Housing Authority

Omaha Public Power DistrictOmaha Public Schools

Pamela & Douglas ZbylutPatrick J O’Malley

Richard & Christy WadeRobert & Hancock Company

Ronette SteffesSabrina Dovenberger

Scott P MooreSeldin Company

Sioux City Human Rights CommissionSokolof Foundation

South Dakota Housing Development AuthorityState of Nebraska

Steven PovichStop AIDS Nebraska

Susan KochTeresa Hunter

The Bon Ton Stores IncThe Hawks Foundation

The Sherwood FoundationThornbury Way

Tim ButzTimothy Riveria

Truist/ Qwest United Way of the Midlands

US Bank Weitz Family Foundation

Wells Fargo BankWells Fargo Foundation

Wendy HarrisonWilliam & Ruth Scott Foundation

William ReavesWomen’s Fund of Omaha

Teresa Coleman Hunter, JDExecutive Director/CEO

Ronette SteffesDirector of Operations/CFO

Gary Fischer, JDGeneral Counsel

Donna McFaddenHomebuyer Education Director

Jerry DantzlerOmaha 100, Inc. Director

O ur Staff

BOARD OF DIRECTORS

Teresa Coleman Hunter, JDExecutive Director/CEO

Ronette SteffesDirector of Operations/CFO

Gary Fischer, JDGeneral Counsel

Donna McFaddenHomebuyer Education Director

Jerry DantzlerOmaha 100, Inc. Director

Sue Koch Director of Facilities

Deborah Conley, MPATenant Services Director

Ed LeahyEarned Income Tax Credit Director

Joe GarciaFair Housing Center Director

Michael Robinson, M.S.Director of Development

Our Staff

Carol RussellAdia Brightman

Bennie BrightmanTim Riveria

Armando SalgadoWendy TownleyWendy Harrison

Ernest White, PresidentDick Wade, Vice President

Cecelia Creighton, Treasurer Carl Christian, Secretary

Fred ConleyBen KlockeMike Elston

Carol RussellTim RiveriaEd Kentch

Bennie Brightman

MANAGEMENT TEAM

BOARD OF DIRECTORS DEVELOPMENT COMMITTEE

2401 Lake StreetOmaha, Nebraska 68111P:(402) 934-7921F:(402) 934-7928www.fhasinc.org