Holdingford Housing Corporation is located in St Cloud, MN. The organization was established in 1975. 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. Holdingford Housing Corporation 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, Holdingford Housing Corporation generated $93.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.7% each year. All expenses for the organization totaled $86.3k during the year ending 12/2021. While expenses have increased by 0.1% 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
WE PROVIDED 16 HOUSING UNITS TO LOW AND MODERATE INCOME FAMILIES, ON A NON-PROFIT BASIS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Steve Bresnahan Board President | 0.07 | $0 | |
Renae Sternke Board Vice President | 0.07 | $0 | |
Tonya Schmidt Board Secretary/treasurer | 0.07 | $0 | |
Joanne Broschofsky Director Of Finance | 1 | $0 | |
Bambi Holloway Property Manager | 3 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $93,695 |
Membership dues | $0 |
Investment income | $8 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $93,703 |
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 | $20,953 |
Occupancy, rent, utilities, and maintenance | $64,347 |
Printing, publications, postage, and shipping | $43 |
Other expenses | $956 |
Total expenses | $86,299 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $63,757 |
Other assets | $0 |
Total assets | $137,454 |
Total liabilities | $193,548 |
Net assets or fund balances | -$56,094 |
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