Sba Housing Initiative Corporation
- Assets
- $287.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Southampton, NY
- Founding
- 12/2008
- Data as of
- 10/2022
- EIN
- 20-8704987
Organization Overview
Sba Housing Initiative Corporation is located in Southampton, NY. The organization was established in 2008. 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. Sba Housing Initiative Corporation 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 10/2022, Sba Housing Initiative Corporation generated $29.0 in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (30.7%) each year. All expenses for the organization totaled $3.8k during the year ending 10/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
WORKFORCE HOUSING FOR RESIDENTS OF SOUTHAMPTON TOWN
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tony Panza President | 1 | $0 | |
Ann Lawall Board Member | 1 | $0 | |
Robert J Strebel Treasurer | 1 | $0 | |
Sheryll Heather Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $29 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $29 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $2,250 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $1,568 |
| Total expenses | $3,818 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $287,445 |
| Other assets | $0 |
| Total assets | $287,445 |
| Total liabilities | $0 |
| Net assets or fund balances | $287,445 |