Northern Housing Associates Inc
- Assets
- $697.6k
- Revenue
- $3.6k
- Investments
- $0.0
- Employees
- 0
- Location
- North Providence, RI
- Founding
- 06/1997
- Data as of
- 12/2022
- EIN
- 05-0493681
Organization Overview
Northern Housing Associates Inc is located in North Providence, RI. The organization was established in 1997. According to its NTEE Classification (L50) the organization is classified as: Homeowners & Tenants Associations, 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. Northern 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 12/2022, Northern Housing Associates Inc generated $3.6k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 63.8% each year . All expenses for the organization totaled $8.9k during the year ending 12/2022. While expenses have increased by 30.6% per year over the past 8 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rosemarie Andreozzi Director | 0 | $0 | |
Carol Pontarelli Director | 0 | $0 | |
Marilee Arsenault Secretary | 0 | $0 | |
June Dilorenzo Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $3,622 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $3,622 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $88 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $1,800 |
| Printing and publications | $0 |
| Other expenses | $1,338 |
| Total operating and administrative expenses | $8,926 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $8,926 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,988 |
| Savings and temporary cash investments | $695,614 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $697,602 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Initiative For A Competitive Inner City Inc Roxbury, MA | $11,137,097 | $6,700,624 |
Spring Meadows Association Of Responsible Tenants Inc Springfield, MA | $14,323,481 | $4,117,328 |
St Vincents Development Inc Trumbull, CT | $27,854,287 | $3,404,975 |
Mutual Housing Association Of Greater Hartford Inc Hartford, CT | $35,173,874 | $3,634,828 |
Homeownership Affordability Trust Fund Providence, RI | $111,238,696 | $1,978,717 |
Newvue Affordable Housing Corporation Fitchburg, MA | $9,905,411 | $1,607,987 |
Woodridge Lake Property Owners Assoc Inc Goshen, CT | $4,741,298 | $1,466,454 |
St Pauls Housing Corporation Southington, CT | $2,208,022 | $1,135,813 |
Independence Forge Association Inc Mansfield, MA | $755,942 | $734,904 |
Home Builders & Remodelers Association Of Central Connecticut Rocky Hill, CT | $654,579 | $501,860 |
Bennett Housing Corporation Weatogue, CT | $1,373,173 | $469,823 |
Barrett Housing Corporation Pittsfield, MA | $2,016,965 | $653,586 |