Ridgeway Rental Housing Incorporated
- Assets
- $100.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Algona, IA
- Founding
- 08/1972
- Data as of
- 12/2021
- EIN
- 23-7179623
Organization Overview
Ridgeway Rental Housing Incorporated is located in Algona, 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. Ridgeway Rental Housing Incorporated 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, Ridgeway Rental Housing Incorporated generated $74.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.4% each year. All expenses for the organization totaled $67.8k during the year ending 12/2021. While expenses have increased by 0.9% 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
TO PROVIDE LOW RENT HOUSING FOR THE ELDERLY, DISABLED, AND FAMILIES IN RIDGEWAY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Julie Stinson President | 0 | $0 | |
Diane Schieck Vice President | 0 | $0 | |
Roger Bergan Secretary/treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $71,327 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $3,599 |
| Total Revenue | $74,926 |
| 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 | $7,200 |
| Occupancy, rent, utilities, and maintenance | $38,351 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $22,237 |
| Total expenses | $67,788 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $30,836 |
| Other assets | $0 |
| Total assets | $100,800 |
| Total liabilities | $19,951 |
| Net assets or fund balances | $80,849 |
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