Exira Home Development Corporation
- Assets
- $252.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Algona, IA
- Founding
- 11/1968
- Data as of
- 12/2021
- EIN
- 23-7066803
Organization Overview
Exira Home Development Corporation is located in Algona, IA. The organization was established in 1968. According to its NTEE Classification (L22) the organization is classified as: Senior Citizens Housing & Retirement Communities, 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. Exira Home Development 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 12/2021, Exira Home Development Corporation generated $80.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.5% each year. All expenses for the organization totaled $84.5k during the year ending 12/2021. While expenses have increased by 7.6% 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
TO PROVIDE LOW RENT HOUSING FOR THE ELDERLY, DISABLED, AND FAMILIES. RENT IS BASED ON 30% OF THE APPLICANT'S YEARLY INCOME WITH THE REMAINDER SUBSIDIZED BY USDA/RURAL DEVELOPMENT. THIS ORGANIZATION MADE IT POSSIBLE FOR 15 FAMILIES TO FIND SAFE AND AFFORDABLE HOUSING IN EXIRA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dennis Ballou President | 0 | $0 | |
Donna Johnson Vice President | 0 | $0 | |
Denise Kilworth Secretary/treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $70,495 |
| Membership dues | $0 |
| Investment income | $4 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $10,232 |
| Total Revenue | $80,731 |
| 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 | $9,770 |
| Occupancy, rent, utilities, and maintenance | $42,558 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $32,188 |
| Total expenses | $84,516 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $34,361 |
| Other assets | $0 |
| Total assets | $252,470 |
| Total liabilities | $10,204 |
| Net assets or fund balances | $242,266 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Elim Senior Housing Edina, MN | $44,315,672 | $6,405,672 |
Washington And Jane Smith Home Chicago, IL | $45,946,166 | $12,016,022 |
St Luke Homes & Services Inc Spencer, IA | $9,786,466 | $9,281,620 |
Auburn Manor Chaska, MN | $10,442,393 | $10,617,828 |
Scottish Rite Park Inc Des Moines, IA | $25,028,424 | $10,213,355 |
Christian Homes Inc Holdrege, NE | $8,366,128 | $8,435,147 |
Williamsburg Retirement Community Inc Roseville, MN | $35,251,162 | $9,467,735 |
Oakwood Village Prairie Ridge Apartments Inc Madison, WI | $66,544,502 | $7,123,839 |
Phs Council Bluffs Inc Roseville, MN | $46,881,447 | $8,974,517 |
Phs Founders Ridge Inc Roseville, MN | $50,899,023 | $8,182,417 |
Phs Apple Valley Senior Housing Inc Roseville, MN | $71,184,418 | $8,602,960 |
Shepherds Path Senior Housing Inc Roseville, MN | $29,880,373 | $9,110,866 |