Depue Housing Authority
- Assets
- $65.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Depue, IL
- Founding
- 03/1974
- Data as of
- 12/2021
- EIN
- 23-7355699
Organization Overview
Depue Housing Authority is located in Depue, IL. The organization was established in 1974. 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. Depue Housing Authority 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, Depue Housing Authority generated $80.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.2% each year. All expenses for the organization totaled $56.6k during the year ending 12/2021. 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
THE ORGANIZATION PROVIDES AFFORDABLE RENTAL HOUSING TO LOW INCOME ELDERLY TENANTS IN DEPUE, ILLINOIS. TENANT RENT PAYMENTS ARE CALCULATED AS A PERCENTAGE OF THEIR TOTAL INCOME AND ARE SUBJECT TO FEDERAL GUIDELINES. THE 12 UNIT APARTMENT COMPLEX HAS ACHIEVED OVER 90% OCCUPANCY IN RECENT YEARS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ronald T Dobrich President | 1 | $0 | |
Cindy Bosnich Co-Secretary | 1 | $0 | |
Dennis Miscevic Vice President | 1 | $0 | |
Mark Grilc Member | 1 | $0 | |
Geraldine Torri Co-Secretary | 1 | $0 | |
Steve Rauh Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $24,175 |
| Total Program Service Revenue | $56,661 |
| Membership dues | $0 |
| Investment income | $10 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $80,846 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $3,230 |
| Professional fees and other payments to independent contractors | $12,092 |
| Occupancy, rent, utilities, and maintenance | $32,533 |
| Printing, publications, postage, and shipping | $112 |
| Other expenses | $8,583 |
| Total expenses | $56,550 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $26,059 |
| Other assets | $0 |
| Total assets | $65,158 |
| Total liabilities | $10,244 |
| Net assets or fund balances | $54,914 |
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