Steele Housing Inc
- Assets
- $275.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Steele, ND
- Founding
- 11/1970
- Data as of
- 12/2021
- EIN
- 23-7088787
Organization Overview
Steele Housing Inc is located in Steele, ND. The organization was established in 1970. 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. Steele Housing Inc is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2021, Steele Housing Inc generated $62.7k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 2.9% each year. All expenses for the organization totaled $47.1k during the year ending 12/2021. While expenses have increased by 0.3% per year over the past 5 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-RENTAL HOUSING TO LOW INCOME INDIVIDUALS IN THE STEELE AREA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stacey Argent President | 1 | $0 | |
Corinne Zenker Vice-President | 1 | $0 | |
Dwight Randall Member | 1 | $0 | |
Angela Schoonover Member | 1 | $0 | |
Karen Lee Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $62,629 |
| Membership dues | $0 |
| Investment income | $47 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $62,676 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $5,171 |
| Professional fees and other payments to independent contractors | $805 |
| Occupancy, rent, utilities, and maintenance | $20,413 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $20,684 |
| Total expenses | $47,073 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $52,804 |
| Other assets | $0 |
| Total assets | $275,626 |
| Total liabilities | $16,376 |
| Net assets or fund balances | $259,250 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Home And Community Options Inc Winona, MN | $11,542,509 | $9,788,629 |
Phm New Richmond Senior Housing Inc Roseville, MN | $18,158,628 | $8,376,438 |
Greater Minnesota Housing Fund St Paul, MN | $209,115,546 | $19,170,053 |
American Indian Community Development Corporation Minneapolis, MN | $37,892,319 | $10,832,403 |
Phw Menomonee Falls Inc Roseville, MN | $45,125,918 | $7,810,658 |
Residential Support Services Billings, MT | $5,433,049 | $8,172,054 |
Housing Alternatives Development Company Deephaven, MN | $21,981,547 | $6,818,305 |
Riverton Community Housing Minneapolis, MN | $52,152,152 | $6,167,785 |
Hadc Ridgeway Deephaven, MN | $7,093,558 | $4,188,248 |
Community Asset Foundation Chaska, MN | $13,869,790 | $4,083,929 |
Epiphany Senior Citizens Housing Corporation Coon Rapids, MN | $15,750,166 | $5,459,574 |
Seven Corners Community Housing Corporation Minneapolis, MN | $9,179,603 | $3,192,447 |