Bethany Housing Association Inc
- Assets
- $412.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Bethany, IL
- Founding
- 05/1973
- Data as of
- 12/2022
- EIN
- 23-7190274
Organization Overview
Bethany Housing Association Inc is located in Bethany, IL. The organization was established in 1973. According to its NTEE Classification (L50) the organization is classified as: Homeowners & Tenants Associations, 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. Bethany Housing Association 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, Bethany Housing Association Inc generated $73.1k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.7% each year. All expenses for the organization totaled $70.0k during the year ending 12/2022. While expenses have increased by 5.9% per year over the past 8 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
FIFTEEN RENTAL UNITS OF SENIOR CITIZEN SUBSIDIZED HOUSING IN BETHANY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tod Jeffers Secretary | 0 | $0 | |
Sam Scott Treasurer | 0 | $0 | |
Stephen E Brown Vice President | 0 | $0 | |
Terry Muzzy President | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $72,903 |
| Membership dues | $0 |
| Investment income | $147 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $73,050 |
| 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 | $11,161 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $58,843 |
| Total expenses | $70,004 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $80,120 |
| Other assets | $0 |
| Total assets | $412,292 |
| Total liabilities | $132,420 |
| Net assets or fund balances | $279,872 |