Westby Housing Associates Inc

Organization Overview

Westby Housing Associates Inc is located in La Crescent, MN. The organization was established in 2002. According to its NTEE Classification (L20) the organization is classified as: Housing Development, Construction & Management, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Westby Housing Associates Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2022, Westby Housing Associates Inc generated $1.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.8% each year. All expenses for the organization totaled $1.7m during the year ending 06/2022. While expenses have increased by 1.4% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE HOUSING FOR THE LOW-INCOME ELDERLY AND HANDICAPPED POPULATIONS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

OWN AND OPERATE A 22-UNIT HOUSING APARTMENT BUILDING FOR LOW-INCOME HANDICAPPED TENANTS. TENANT RENTS ARE SUBSIDIZED BY US DEPT OF HOUSING AND URBAN DEVELOPMENT.


OWN AND OPERATE A 23-UNIT HOUSING APARTMENT BUILDING FOR LOW-INCOME HANDICAPPED TENANTS. TENANT RENTS ARE SUBSIDIZED BY THE US DEPT OF HOUSING AND URBAN DEVELOPMENT.


OWN AND OPERATE TWO 12-UNIT APARTMENT BUILDINGS FOR LOW-INCOME ELDERLY TENANTS. TENANT RENTS ARE SUBSIDEIZED BY US DEPT OF HOUSING AND URBAN DEVELOPMENT.


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Board, Officers & Key Employees

Name (title)Compensation
Bing Zillmer
President
$0
Patti Dockendorff
Vice President
$0
Maureen Jameson
Sec/treas
$0
Julie Creery
Director
$0
Rachel Hanson
Director
$0
Peter Ames
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $188,925
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$188,925
Total Program Service Revenue$1,444,838
Investment income $189
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,649,580

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