Canby Community Housing Inc is located in Canby, MN. The organization was established in 1974. According to its NTEE Classification (L20) the organization is classified as: Housing Development, Construction & Management, 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. Canby Community Housing 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, Canby Community Housing Inc generated $183.6k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.1% each year. All expenses for the organization totaled $188.9k during the year ending 12/2022. While expenses have increased by 2.2% 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 INCOME ELIGIBLE INDIVIDUALS VIA RENTAL ASSISTANCE AND FOLLOW RULES AS SET BY THE USDA RURAL DEVELOPMENT
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Nancy Bormann Caretaker | 15 | $15,840 | |
Julie Pederson Director | 0 | $0 | |
Jeffrey Cooper Director | 0 | $0 | |
Ronald Wicklace President | 0 | $0 | |
Steven Maas Director | 0 | $0 | |
Danielle Frazeur Secretary | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $179,190 |
Membership dues | $0 |
Investment income | $255 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $4,150 |
Total Revenue | $183,595 |
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 | $30,715 |
Occupancy, rent, utilities, and maintenance | $89,702 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $68,480 |
Total expenses | $188,897 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $67,854 |
Other assets | $0 |
Total assets | $349,242 |
Total liabilities | $45,270 |
Net assets or fund balances | $303,972 |
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