Cranfills Gap Housing Developments Inc is located in Cranfills Gap, TX. The organization was established in 1971. 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. Cranfills Gap Housing Developments 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, Cranfills Gap Housing Developments Inc generated $71.1k 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 $45.2k during the year ending 12/2021. 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
THE ORGANIZATION PROVIDES RENTAL HOUSING TO PERSONS WITH LOW INCOMES. APPROXIMATELY 56 PERSONS ARE SERVED AT ANY ONE TIME.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
David Witte Vice-Pres & Director | 0.05 | $0 | |
Virgil Tindall President & Director | 0.1 | $0 | |
Ed Riser Director | 0.05 | $0 | |
Ray Sorrells Secretary & Director | 0.05 | $0 | |
Sandy Nowlin Director | 0.05 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $64,789 |
Membership dues | $0 |
Investment income | $306 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $6,000 |
Total Revenue | $71,095 |
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 | $12,480 |
Occupancy, rent, utilities, and maintenance | $20,985 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $11,711 |
Total expenses | $45,176 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $69,985 |
Other assets | $0 |
Total assets | $148,716 |
Total liabilities | $49,793 |
Net assets or fund balances | $98,923 |
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