Salem Community Homes Inc
- Assets
- $148.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- North English, IA
- Founding
- 05/1972
- Data as of
- 12/2022
- EIN
- 23-7153115
Organization Overview
Salem Community Homes Inc is located in North English, IA. The organization was established in 1972. 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. Salem Community Homes 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, Salem Community Homes Inc generated $65.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.0% each year. All expenses for the organization totaled $66.1k during the year ending 12/2022. While expenses have increased by 5.8% 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
16 UNITS SUBSIDIZED HOUSING FOR ELDERLY AND DISABLED
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jim Oronato President | 0 | $0 | |
Judy Feehan Secretary | 0 | $0 | |
Melissa Pratt Member | 0 | $0 | |
Kelly Patterson Member | 0 | $0 | |
Rik Le Master Member | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $65,910 |
| Membership dues | $0 |
| Investment income | $18 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $65,928 |
| 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 | $11,563 |
| Occupancy, rent, utilities, and maintenance | $25,553 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $29,025 |
| Total expenses | $66,141 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $23,215 |
| Other assets | $0 |
| Total assets | $148,067 |
| Total liabilities | $34,813 |
| Net assets or fund balances | $113,254 |