Argyle Homes Inc
- Assets
- $144.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Argyle, MN
- Founding
- 01/1976
- Data as of
- 12/2020
- 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 12/2020, Argyle Homes Inc generated $64.8k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.3% each year. All expenses for the organization totaled $68.3k during the year ending 12/2020. While expenses have increased by 2.0% 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
2020
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 |
|---|---|---|---|
Kimberly St Germain Treasurer/manag | 6 | $4,200 | |
Cecil Deschene President | 1 | $0 | |
Jennifer Yutrzenka Director | 1 | $0 | |
Derald Mercil Director | 1 | $0 | |
Edmund Heggen Vice President | 1 | $0 | |
Mason Sundby Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $64,832 |
| Membership dues | $0 |
| Investment income | $3 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $64,835 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $4,200 |
| Professional fees and other payments to independent contractors | $676 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $63,397 |
| Total expenses | $68,273 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $5,141 |
| Other assets | $0 |
| Total assets | $144,896 |
| Total liabilities | $31,018 |
| Net assets or fund balances | $113,878 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Elim Senior Housing Edina, MN | $44,315,672 | $6,405,672 |
St Luke Homes & Services Inc Spencer, IA | $9,786,466 | $9,281,620 |
Auburn Manor Chaska, MN | $10,442,393 | $10,617,828 |
Scottish Rite Park Inc Des Moines, IA | $25,028,424 | $10,213,355 |
Williamsburg Retirement Community Inc Roseville, MN | $35,251,162 | $9,467,735 |
Oakwood Village Prairie Ridge Apartments Inc Madison, WI | $66,544,502 | $7,123,839 |
Phs Council Bluffs Inc Roseville, MN | $46,881,447 | $8,974,517 |
Phs Founders Ridge Inc Roseville, MN | $50,899,023 | $8,182,417 |
Phs Apple Valley Senior Housing Inc Roseville, MN | $71,184,418 | $8,602,960 |
Shepherds Path Senior Housing Inc Roseville, MN | $29,880,373 | $9,110,866 |
Harwood Place Inc Wauwatosa, WI | $17,919,656 | $8,540,786 |
Hudson Senior Housing Inc Roseville, MN | $44,248,151 | $8,888,684 |