Argyle Homes Inc
- Assets
- $139.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Argyle, MN
- Founding
- 01/1976
- Data as of
- 12/2023
- EIN
- 23-7424340
Organization Overview
Argyle Homes Inc is located in Argyle, MN. The organization was established in 1976. According to its NTEE Classification (L22) the organization is classified as: Senior Citizens Housing & Retirement Communities, 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. Argyle Homes 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 12/2023, Argyle Homes Inc generated $81.0k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 3.4% each year. All expenses for the organization totaled $78.5k during the year ending 12/2023. While expenses have increased by 2.9% per year over the past 9 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
2023
Describe the Organization's Program Activity:
Part 3
PROVIDED AFFORDABLE HOUSING IN A RURAL AREA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jennifer Engen Treasurer/manag | 6 | $3,500 | |
Cecil Deschene President | 1 | $0 | |
Derald Mercil Vice President | 1 | $0 | |
Jennifer Yutrzenka Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $17,720 |
| Total Program Service Revenue | $63,292 |
| Membership dues | $0 |
| Investment income | $3 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $81,015 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $3,500 |
| Professional fees and other payments to independent contractors | $2,632 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $72,324 |
| Total expenses | $78,456 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $5,126 |
| Other assets | $0 |
| Total assets | $139,210 |
| Total liabilities | $26,887 |
| Net assets or fund balances | $112,323 |