Story County Housing Trust
Story County Housing Trust (SCHT) is a public charity based in West Des Moines, Iowa. Formed in 2017, it supports opportunities for safe and affordable housing in Story County through funding for affordable housing, homeownership, and homeless and transitional housing services.
Story County Housing Trust at a glance
In short: Story County Housing Trust gave $605K across 11 grants in 2025 (avg $55K), mostly in Iowa. 36% of 2025 grantees were new. Source: 2025 IRS Form 990.
- Annual giving (2025)
- $604,777
- +59.2% vs 2024
- Grants made (2025)
- 11
- +22.2% vs 2024
- Average grant
- $54,980
- +30.3% vs 2024
- Median grant
- $24,000
- Total assets
- $503,107
- +238.5% vs 2024
- New grantees (estimate)
- 36% first-time grantees (4 of 11, 2025; small sample)
- Primary geography
- Iowa (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Story County Housing Trust
- How to Apply
-
SCHT’s website directs eligible entities to submit an application and supporting documentation electronically for the annual funding opportunity. It notes that the board may consider requests at other times during the year; applicants can contact the administrator to discuss a project.
- Review Cycle
- January 7, 2026, at 5 p.m. for the past annual cycle.
- Deadline
- January 7, 2026, at 5 p.m.
- Contact
Mailing address: 939 Office Park Road 306, West Des Moines, IA 50265
Phone: (515) 304-3524
Website: https://storycountyht.org
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Open Grants
2 open opportunities from Story County Housing Trust
Story County Affordable Housing Initiatives (Owner-Occupied Repair Program)
Story County Housing Trust
Amount
Up to $15,000 per home
Deadline
Deadline not published
Story County Affordable Housing Initiatives (Rental Assistance Program)
Story County Housing Trust
Amount
Up to $2,000 per household
Deadline
Deadline not published
Who Story County Housing Trust funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was The Salvation Army ($180K). Together the top 10 received $591K.
Grant Size Distribution
39 grants across all recorded years
The most common grant size was under $50K: 29 grants of 39 (74%).
Geographic Focus
Where this funder awards grants
SCHT’s stated focus is Story County, Iowa. All reported 2025 grant dollars went to recipients in Iowa.
Grant Distribution by State
Share of 2025 grant dollars across all 11 itemized grants.
States
Cities
Is Story County Housing Trust open to new grantees?
36%
first-time grantees, 2025
In 2025, 4 of 11 grantees (36%) were first-time recipients. With only 11 grantees, that is a small sample: one grantee more or less moves the share by about 9 points. First grants averaged $20K; repeat grants $75K. How we count
Medians: $16K first-time, $82K repeat.
Estimate from itemized grant lists in IRS Form 990 filings (2021–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2021 to 2025, annual grant giving ranged from $164K (2022) to $605K (2025). In 2025 it made 11 grants totaling $605K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| The Salvation Army Ames, IA | To support the operations of Story county community housing agencies | $180,228 |
| Tum Hands - Serving Others Huxley, IA | To support the operations of Story county community housing agencies | $107,633 |
| The Bridge Home Ames, IA | To support the operations of Story county community housing agencies | $100,000 |
| Good Neighbor Emergency Assistance Ames, IA | To support the operations of Story county community housing agencies | $82,175 |
| City of Nevada Nevada, IA | To support the operations of Story county community housing agencies | $33,458 |
| City of Collins Collins, IA | To support the operations of Story county community housing agencies | $24,000 |
| Iowa Finance Authority Des Moines, IA | To support the operations of Story county community housing agencies | $17,376 |
| Assault Care Center Extending Shelter and Support Ames, IA | To support the operations of Story county community housing agencies | $16,382 |
| Home Allies Inc Ames, IA | To support the operations of Story county community housing agencies | $15,000 |
| Story County Environmental Health Nevada, IA | To support the operations of Story county community housing agencies | $15,000 |
Ready to take the next step with Story County Housing Trust?
Financial History
Multi-year comparison from IRS filings
SCHT’s filing type is Form 990 (a public charity).
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $503,107 | $948,885 | $764,263 | $604,777 | 11 | $622 |
| 2024 | $148,620 | $669,586 | $619,116 | $379,805 | 9 | $2,776 |
| 2023 | $116,382 | $239,515 | $271,188 | $234,195 | 6 | — |
| 2022 | $145,310 | $232,675 | $196,684 | $164,215 | 5 | — |
| 2021 | $102,592 | $332,919 | $314,506 | $274,794 | 8 | — |
| 2020 | $75,587 | $115,356 | $154,549 | — | — | — |
Research compiled by Grantable AI from public sources. Last updated October 2026.
Mission & Focus Areas
SCHT’s mission is to support opportunities to provide safe and affordable housing in Story County. It provides funding to produce new and preserve existing affordable housing, promote homeownership, and support homeless and transitional housing services for low-income residents.
The trust primarily funds other organizations to carry out affordable housing programs and projects. Its 2025 grants included support for Good Neighbor Emergency Assistance, whose mission is to provide emergency rent, utility, and food assistance to Story County neighbors, and Youth and Shelter Services, whose mission includes prevention, education, treatment, and residential services for youth and families.
Grantmaking
In filing year 2025, SCHT reported 11 grants totaling $604,777. Grant amounts ranged from $13,525 to $180,228, with a median grant of $24,000.
The largest 2025 awards included $180,228 to The Salvation Army, $107,633 to TUM Hands – Serving Others, $100,000 to The Bridge Home, and $82,175 to Good Neighbor Emergency Assistance. Each grant was designated to support the operations of Story County community housing agencies.
SCHT’s website describes funding opportunities for nonprofit organizations, cities, developers, businesses, and other eligible entities. Applications must propose projects or programs serving multiple low- and moderate-income households; SCHT does not provide direct financial assistance to individuals through this application process. Projects must improve housing affordability and serve households at or below 80% of area median income, with particular emphasis on households at or below 30%. Applicants are expected to have projects ready to proceed, have fundraising substantially complete, and be able to draw funds promptly. Awards are disbursed on a reimbursement basis with supporting documentation. The board may prioritize allocations, deny applications, or approve less than requested.
The application deadline for the 2026 funding cycle was January 7, 2026, and that cycle is past. SCHT’s applications page states that the application period is closed. The website also describes owner-occupied repair rules, including a maximum reimbursement of $15,000 per home and a five-year forgivable lien when repairs exceed $5,000. Its first-time homebuyer program offers $5,000 grants to qualified buyers, but the website states that all grants have been awarded.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Latifah Faisal as chair, Craig Henry as vice chair, Steve Ringlee as secretary, and Erik Bunker as treasurer. It also lists Amber Corrieri, Nancy Beatty, Hope Metheny, Phyllis Fevold, Matt Flummerfelt, and Greg Piklapp as directors.
Story County Housing Trust is led by Latifah Faisal, Chair since 2025 (on filings since 2021); none of the 11 officers listed in 2025 report compensation.
Officers on the 2025 filing
Latifah Faisal
Chair
Director → Chair, 2025
On filings since 2021
1 hr/week
No compensation reported
Amber Corrieri
Director
Chair → Director, 2025
On filings since 2020
1 hr/week
No compensation reported
Greg Schlueter
Director
On filings since 2020
1 hr/week
No compensation reported
Hope Metheny
Director
On filings since 2020
1 hr/week
No compensation reported
Greg Piklapp
Director
On filings since 2023
1 hr/week
No compensation reported
Nancy Beatty
Director
On filings since 2023
1 hr/week
No compensation reported
Matt Flummerfelt
Director
New on the 2025 filing
1 hr/week
No compensation reported
Phyllis Fevold
Director
New on the 2025 filing
1 hr/week
No compensation reported
Craig Henry
Vice Chair
Director → Vice Chair, 2023
On filings since 2020
1 hr/week
No compensation reported
Erik Bunker
Treasurer
On filings since 2020
1 hr/week
No compensation reported
Steve Ringlee
Secretary
On filings since 2020
1 hr/week
No compensation reported
Former officers (7)
- Former: Lauris Olson (2020–2024) — Director
- Former: Marc Olson (2020–2024) — Director
- Former: Elizabeth Gindt (2023–2024) — Director
- Former: Brenda Dryer (2020–2022) — Vice Chair
- Former: Sheryl Phipps (2020–2022) — Director
- Former: Shelley Jaspering (2020–2021) — Director
- Former: Marty Chitty (2020) — Director
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Story County Housing Trust
How much does Story County Housing Trust give each year?
Story County Housing Trust gave $605K across 11 grants in 2025, according to its 2025 IRS Form 990. In 2024 it gave $380K across 9 grants.
What is Story County Housing Trust's typical grant size?
Story County Housing Trust's median grant in 2025 was $24,000, and its average grant was $54,980, across 11 grants on its 2025 IRS Form 990. Organizations receiving their first grant from Story County Housing Trust that year got $20K on average.
Where does Story County Housing Trust give grants?
Story County Housing Trust gives mostly in Iowa: 100% of the grant dollars itemized on its 2025 IRS Form 990 went to recipients there. The most frequent recipient cities were Ames, IA (6 grants) and Nevada, IA (2 grants).
Does Story County Housing Trust give general operating support?
Not in 2025: none of the 11 grants with a stated purpose on Story County Housing Trust's 2025 IRS Form 990 were described as general or operating support.
Who are Story County Housing Trust's largest grantees?
Story County Housing Trust's largest 2025 grantees include The Salvation Army ($180,228), Tum Hands - Serving Others ($107,633) and The Bridge Home ($100,000), according to its 2025 IRS Form 990. Together they received 64% of its itemized 2025 grant dollars.
How large is Story County Housing Trust?
Story County Housing Trust reported $503K in total assets on its 2025 IRS Form 990. Its revenue that year was $949K.
What does Story County Housing Trust fund?
SCHT’s mission is to support opportunities to provide safe and affordable housing in Story County. It provides funding to produce new and preserve existing affordable housing, promote homeownership, and support homeless and transitional housing services for low-income residents. See mission & focus areas ↑
How do I apply for a grant from Story County Housing Trust?
SCHT’s website directs eligible entities to submit an application and supporting documentation electronically for the annual funding opportunity. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Story County Housing Trust's EIN?
Story County Housing Trust's EIN (Employer Identification Number) is 81-4570694. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated October 2026. Sourced from IRS Form 990 filings. Research dossier generated October 2026.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2024 (received by the IRS May 15, 2025)
- Updated Form 990-EZ for fiscal year 2020 (received by the IRS June 22, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS June 21, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS August 18, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS May 15, 2024)
- Added Form 990 for fiscal year 2025 (received by the IRS May 13, 2026)
- IRS filings on file for fiscal years 2020–2024
Explore Open Grants
Browse active grant opportunities in Story County Housing Trust's focus areas in our free grants database
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Cite this profile
Grantable. (2026). Story County Housing Trust funder profile. GrantGraph. Retrieved October 10, 2026, from https://grantable.co/funders/story-county-housing-trust-morg_deaffc3808d742759af93048e22a6afb
BibTeX
@misc{grantable_814570694_2026,
author = {{Grantable}},
title = {{Story County Housing Trust funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/story-county-housing-trust-morg_deaffc3808d742759af93048e22a6afb},
note = {Accessed 2026-10-10. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Story County Housing Trust's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
Story County Housing Trust down — hundreds of funders to go?