Gary Housing Association Incorporated is located in Gary, SD. The organization was established in 1976. 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. Gary Housing Association 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 12/2022, Gary Housing Association Incorporated generated $94.9k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.7% each year. All expenses for the organization totaled $98.5k during the year ending 12/2022. While expenses have increased by 0.3% 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
TO PROVIDE LOW INCOME HOUSING TO ELIGIBLE TENANTS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Mary Hunt Manager | 20 | $18,837 | |
Linda Weir President | 0 | $0 | |
Bernice Jensen Vice Pres | 0 | $0 | |
Elonne Veen Director | 0 | $0 | |
Gloria Dessler Director | 0 | $0 | |
Marlys Sillman Director | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $94,610 |
Membership dues | $0 |
Investment income | $323 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $94,933 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $20,302 |
Professional fees and other payments to independent contractors | $733 |
Occupancy, rent, utilities, and maintenance | $46,739 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $30,686 |
Total expenses | $98,460 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $130,572 |
Other assets | $0 |
Total assets | $219,314 |
Total liabilities | $111,054 |
Net assets or fund balances | $108,260 |
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