Prairie Homes
- Assets
- $283.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- North English, IA
- Founding
- 02/1972
- Data as of
- 12/2021
- EIN
- 23-7167272
Organization Overview
Prairie Homes is located in North English, IA. The organization was established in 1972. 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. Prairie Homes is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Prairie Homes generated $164.0k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 2.2% each year. All expenses for the organization totaled $153.2k during the year ending 12/2021. While expenses have increased by 0.2% per year over the past 5 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
40 UNITS SUBSIDIZED HOUSING FOR ELDERLY & DISABLED
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brent Holland Vice President | 0 | $0 | |
Carrie Kline President | 0 | $0 | |
Ken Koehler Director | 0 | $0 | |
Roger Fread Director | 0 | $0 | |
Twyla Septer Sec | 0 | $0 | |
Patty Wickham Treas | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $164,017 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $164,017 |
| 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 | $28,753 |
| Occupancy, rent, utilities, and maintenance | $53,152 |
| Printing, publications, postage, and shipping | $1,197 |
| Other expenses | $70,112 |
| Total expenses | $153,214 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $27,084 |
| Other assets | $0 |
| Total assets | $283,504 |
| Total liabilities | $134,210 |
| Net assets or fund balances | $149,294 |
Peer Organizations
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|---|---|---|
Wisconsin Housing Preservation Corp Madison, WI | $363,112,557 | $53,775,337 |
Commonbond Communities St Paul, MN | $162,416,723 | $28,132,790 |
Irc Ii Inc Omaha, NE | $77,092,812 | $15,244,348 |
Center For The Developmentally Disabled Kansas City, MO | $14,632,501 | $18,017,450 |
Lester And Rosalie Anixter Center Chicago, IL | $16,517,406 | $29,142,038 |
Ho-Chunk Housing And Community Development Agency Tomah, WI | $18,849,800 | $12,706,218 |
Southwest Minnesota Housing Partnership Slayton, MN | $59,310,088 | $10,657,099 |
Reach For Your Potential Inc Iowa City, IA | $7,743,905 | $10,140,331 |
Ppl Properties Minneapolis, MN | $55,862,410 | $5,681,463 |
Region Xii Council Of Governments Inc Carroll, IA | $20,470,902 | $9,309,351 |
Housing In Omaha Inc Omaha, NE | $17,600,066 | $3,936,471 |
The Village At Mercy Creek Lemont, IL | $14,145,576 | $2,549,375 |