Keygate Manor Inc is located in Blacklick, OH. The organization was established in 2004. According to its NTEE Classification (L21) the organization is classified as: Low-Income & Subsidized Rental Housing, 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. Keygate Manor 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 12/2021, Keygate Manor Inc generated $659.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.3% each year. All expenses for the organization totaled $780.0k during the year ending 12/2021. While expenses have increased by 1.9% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE AFFORDABLE ACCESSIBLE HOUSING FOR LOW-INCOME ELDERLY AND HANDICAPPED PERSONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDES HOUSING FOR ELDERLY AND LOW-INCOME INDIVIDUALS WITH MOBILITY DISABILITIES. OPERATES A 59-UNIT APARTMENT BUILDING UNDER SEC 202 OF THE NATIONAL AFFORDABLE HOUSING ACT.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Fred Booker Vice-President | OfficerTrustee | 1 | $0 |
Edwina Mcintyre Secretary | OfficerTrustee | 1 | $0 |
Dan Hunt President | OfficerTrustee | 1 | $0 |
Celia Kendall CEO | Officer | 1 | $0 |
Jay C Finklea Member | Trustee | 0.5 | $0 |
Ray A Jones Member | Trustee | 0.5 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $410,435 |
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 | $410,435 |
Total Program Service Revenue | $221,403 |
Investment income | $32 |
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 | $659,706 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $36,071 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $38,421 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $259,967 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $9,044 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $141,968 |
Insurance | $11,402 |
All other expenses | $0 |
Total functional expenses | $779,953 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $1,338 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $2,167 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $5,218 |
Net Land, buildings, and equipment | $3,287,224 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $394,809 |
Total assets | $3,690,756 |
Accounts payable and accrued expenses | $212,703 |
Grants payable | $0 |
Deferred revenue | $280 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $4,789,900 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $132,330 |
Total liabilities | $5,135,213 |
Net assets without donor restrictions | -$1,444,457 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $3,690,756 |
Organization Name | Assets | Revenue |
---|---|---|
National Church Residences Columbus, OH | $160,821,916 | $104,850,885 |
Capital Area Housing Partnership Lansing, MI | $4,892,725 | $36,115,951 |
1260 Housing Development Corporation Philadelphia, PA | $75,955,661 | $16,577,131 |
Community Housing Network Inc Columbus, OH | $58,364,637 | $14,874,820 |
Housing Development Corporation Midatlantic Lancaster, PA | $24,908,226 | $11,939,671 |
Iccf Community Home Grand Rapids, MI | $56,991,774 | $12,188,676 |
Over The Rhine Community Housing Cincinnati, OH | $24,358,276 | $7,722,304 |
Norris Square Community Alliance Philadelphia, PA | $13,759,138 | $8,779,038 |
Hudsonville Christian School Hudsonville, MI | $18,424,541 | $13,917,128 |
Society Of St Vincent Depaul Council Of Louisville Louisville, KY | $10,950,346 | $7,888,364 |
Socayr Inc Louisville, KY | $34,945,508 | $6,749,829 |
Lacasa Of Goshen Inc Goshen, IN | $26,643,418 | $6,732,087 |