Suring Non Profit Housing Corp
- Assets
- $391.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Madison, WI
- Founding
- 02/1974
- Data as of
- 12/2021
- EIN
- 23-7302131
Organization Overview
Suring Non Profit Housing Corp is located in Madison, WI. The organization was established in 1974. 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. Suring Non Profit Housing Corp 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, Suring Non Profit Housing Corp generated $168.4k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.8% each year. All expenses for the organization totaled $208.8k during the year ending 12/2021. While expenses have increased by 9.7% 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 28 UNITS OF AFFORDABLE HOUSING TO LOW AND MODERATE-INCOME, ELDERLY, OR DISABLED PERSONS, AND PERSONS WITH SPECIAL NEEDS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mary Wright President | 0.1 | $0 | |
David Kruger Director | 0.1 | $0 | |
Richard A Hansen Secretary | 0.1 | $0 | |
James P Carter Director | 0.1 | $0 | |
Ann F Wenzel Director | 0.1 | $0 | |
Erbert Johnson Treasurer | 0.1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $168,363 |
| Membership dues | $0 |
| Investment income | $15 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $168,378 |
| 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 | $14,661 |
| Occupancy, rent, utilities, and maintenance | $150,873 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $43,263 |
| Total expenses | $208,797 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $12,523 |
| Other assets | $0 |
| Total assets | $391,283 |
| Total liabilities | $597,533 |
| Net assets or fund balances | -$206,250 |
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|---|---|---|
Lutheran Home Belle Plaine, MN | $28,969,103 | $28,215,877 |
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Apple Canyon Lake Property Owners Association Apple River, IL | $10,186,851 | $3,960,232 |
Inter-Cooperative Council At The University Of Michigan Ann Arbor, MI | $7,729,338 | $3,478,855 |
North Oaks Home Owners Association Inc North Oaks, MN | $5,590,480 | $4,009,438 |
820 W Belle Plaine Cooperative Chicago, IL | $8,052,333 | $2,389,201 |
Building Owners And Managers Association Of Chicago Chicago, IL | $1,459,387 | $2,903,504 |
Sugar Springs Property Owners Association Inc Gladwin, MI | $5,130,736 | $3,024,373 |
Minnesota Multi Housing Assn Bloomington, MN | $1,831,730 | $2,659,160 |
Lake Holiday Property Owners Association Inc Somonauk, IL | $7,075,550 | $2,253,751 |
Platte Lake Property Owners Association Hillman, MN | $0 | $1,817,640 |
Eastern Iowa Regional Housing Corporation Dubuque, IA | $5,116,993 | $1,481,771 |