Community Apartments Inc is located in Algona, IA. The organization was established in 1971. According to its NTEE Classification (S99) the organization is classified as: Community Improvement & Capacity Building N.E.C., under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Community 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 12/2022, Community Apartments Inc generated $45.3k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.5% each year. All expenses for the organization totaled $53.8k during the year ending 12/2022. While expenses have increased by 7.9% 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
2022
Describe the Organization's Program Activity:
Part 3
PROVIDE AFFORDABLE HOUSING
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Terry Struecker President | 0 | $0 | |
Judy Gralapp Secretary/treasurer | 0 | $0 | |
Don Banwart Director | 0 | $0 | |
Ethel Klepper Vice President | 0 | $0 | |
Gary Schneider Director | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $45,291 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $45,291 |
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 | $13,947 |
Occupancy, rent, utilities, and maintenance | $26,459 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $13,383 |
Total expenses | $53,789 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $71,523 |
Other assets | $0 |
Total assets | $161,044 |
Total liabilities | $5,385 |
Net assets or fund balances | $155,659 |
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