Marion Town House Apts Inc is located in Marion, SD. The organization was established in 1974. According to its NTEE Classification (L99) the organization is classified as: Housing & Shelter N.E.C., 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. Marion Town House Apts Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Marion Town House Apts Inc generated $68.2k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.1% each year. All expenses for the organization totaled $63.7k during the year ending 12/2021. While expenses have increased by 2.1% per year over the past 6 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
HOUSING FOR LOW INCOME HOUSEHOLDS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Shirley Deckert Secretary/tr | 0 | $0 | |
Dennis Borgers Director | 0 | $0 | |
Barclay Smith Vice Preside | 0 | $0 | |
Glen Rapp President | 0 | $0 | |
Chuck Luke Director | 0 | $0 | |
Rick Waltner Director | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $68,137 |
Membership dues | $0 |
Investment income | $53 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $68,190 |
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 | $18,383 |
Occupancy, rent, utilities, and maintenance | $21,870 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $23,477 |
Total expenses | $63,730 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $25,860 |
Other assets | $0 |
Total assets | $77,894 |
Total liabilities | $24,354 |
Net assets or fund balances | $53,540 |
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