Ray Citizens Housing Center is located in Ray, ND. The organization was established in 1970. 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. Ray Citizens Housing Center 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 12/2023, Ray Citizens Housing Center generated $85.5k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.1% each year. All expenses for the organization totaled $83.8k during the year ending 12/2023. While expenses have increased by 1.1% per year over the past 6 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
2023
Describe the Organization's Program Activity:
Part 3
PROVIDE LOW INCOME HOUSING
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Dianne Hegwood President | 4 | $0 | |
Melissa Rettig Vice-President | 0.5 | $0 | |
Lynn Oster Secretary | 0.5 | $0 | |
Diane Meckle Treasurer | 9 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $85,353 |
Membership dues | $0 |
Investment income | $29 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $162 |
Total Revenue | $85,544 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $37,200 |
Professional fees and other payments to independent contractors | $935 |
Occupancy, rent, utilities, and maintenance | $35,293 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $10,323 |
Total expenses | $83,751 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $16,446 |
Other assets | $0 |
Total assets | $40,425 |
Total liabilities | $20,251 |
Net assets or fund balances | $20,174 |