Monona Housing Inc
- Assets
- $372.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Strawberry Point, IA
- Founding
- 06/1972
- Data as of
- 12/2021
- EIN
- 23-7171250
Organization Overview
Monona Housing Inc is located in Strawberry Point, IA. The organization was established in 1972. According to its NTEE Classification (L20) the organization is classified as: Housing Development, Construction & Management, 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. Monona Housing 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, Monona Housing Inc generated $99.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.9% each year. All expenses for the organization totaled $79.0k during the year ending 12/2021. While expenses have increased by 2.5% 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
2021
Describe the Organization's Program Activity:
Part 3
THIS ORGANIZATION PROVIDES LOW INCOME, ELDERLY, AND DISABLED HOUSING UNITS AND RENTS THEM TO LOW INCOME, ELDERLY, AND DISABLED PEOPLE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Curtis Fisk Vice Preside | 0.1 | $0 | |
Wayne R Garms President | 0.1 | $0 | |
Tom Neuhaus Secretary | 0.1 | $0 | |
Shirley Stitz Director | 0.1 | $0 | |
David Byers Director | 0.1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $97,361 |
| Membership dues | $0 |
| Investment income | $234 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $2,066 |
| Total Revenue | $99,661 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $5,687 |
| Professional fees and other payments to independent contractors | $1,265 |
| Occupancy, rent, utilities, and maintenance | $42,483 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $29,527 |
| Total expenses | $78,962 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $168,184 |
| Other assets | $0 |
| Total assets | $372,151 |
| Total liabilities | $122,684 |
| Net assets or fund balances | $249,467 |
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|---|---|---|
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