Pigeon Falls Apartments Inc
- Assets
- $187.4k
- Revenue
- $120.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Whitehall, WI
- Founding
- 07/1971
- Data as of
- 12/2021
- EIN
- 23-7120900
Organization Overview
Pigeon Falls Apartments Inc is located in Whitehall, WI. The organization was established in 1971. 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. Pigeon Falls Apartments 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, Pigeon Falls Apartments Inc generated $120.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.4% each year. All expenses for the organization totaled $126.1k during the year ending 12/2021. While expenses have increased by 0.3% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO OPERATE, MAINTAIN AND PROMOTE SAFE AFFORDABLE HOUSING FOR LOW INCOME AND HANDICAPPED INDIVIDUALS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED SAFE AND AFFORDABLE HOUSING FOR LOW INCOME, ELDERLY AND HANDICAPPED INDIVIDUALS.
PROVIDED SAFE AND AFFORDABLE HOUSING FOR LOW INCOME, ELDERLY AND HANDICAPPED INDIVIDUALS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Karen Witte Vice Chair | OfficerTrustee | $0 | |
Curtis Johnson Chair | OfficerTrustee | $0 | |
Glen Bawek Director | Trustee | $0 | |
Sherry Brasda Director | Trustee | $0 | |
Scott Brown Director | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $60,938 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $60,938 |
| Total Program Service Revenue | $56,685 |
| Investment income | $28 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $120,762 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $13,601 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $8,179 |
| Payroll taxes | $714 |
| Fees for services: Management | $16,383 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,176 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $424 |
| Office expenses | $925 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $19,988 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $18,714 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $21,606 |
| Insurance | $9,280 |
| All other expenses | $0 |
| Total functional expenses | $126,057 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,491 |
| Savings and temporary cash investments | $33,334 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $599 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $146,995 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $187,419 |
| Accounts payable and accrued expenses | $18,450 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $280,630 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $592 |
| Total liabilities | $299,672 |
| Net assets without donor restrictions | -$129,860 |
| Net assets with donor restrictions | $17,607 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $187,419 |
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