Salem Community Homes Inc
- Assets
- $154.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- North English, IA
- Founding
- 05/1972
- Data as of
- 12/2021
- 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 12/2021, Salem Community Homes Inc generated $62.5k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.2% each year. All expenses for the organization totaled $65.8k during the year ending 12/2021. While expenses have increased by 6.3% 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
2021
Describe the Organization's Program Activity:
Part 3
16 UNITS SUBSIDIZED HOUSING FOR ELDERLY & DISABLED
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joyce Lasswell President | 0 | $0 | |
Jim Onorato Vice President | 0 | $0 | |
Judy Feehan Secretary | 0 | $0 | |
Kelly Patterson Director | 0 | $0 | |
Faye Hartsell Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $62,509 |
| Membership dues | $0 |
| Investment income | $24 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $62,533 |
| 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 | $10,654 |
| Occupancy, rent, utilities, and maintenance | $26,999 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $28,177 |
| Total expenses | $65,830 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $22,563 |
| Other assets | $0 |
| Total assets | $154,406 |
| Total liabilities | $40,939 |
| Net assets or fund balances | $113,467 |
Peer Organizations
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|---|---|---|
Northeast Nebraska Community Action Partnership Inc Pender, NE | $3,455,970 | $8,987,958 |
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Scott County Regional Authority Bettendorf, IA | $3,455,493 | $3,293,735 |
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