Ossian Housing Inc
- Assets
- $104.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Strawberry Point, IA
- Founding
- 09/1975
- Data as of
- 12/2023
- EIN
- 23-7445079
Organization Overview
Ossian Housing Inc is located in Strawberry Point, IA. 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. Ossian 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 12/2023, Ossian Housing Inc generated $72.5k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 2.1% each year. All expenses for the organization totaled $77.0k during the year ending 12/2023. While expenses have increased by 3.7% 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
PROVIDING CLEAN, COMFORTABLE, ATTRACTIVE AND AFORDABLE HOUSING FOR LOW TO MODERATE INCOME INDIVIDUALS AGE 62 OR OLDER AND/OR DISABLED. OUR TOTAL OCCUPANCY IS LIMITED TO THIRTY TWO (32) PERSONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gary Lansing President | 1 | $0 | |
James Hawkins Director | 1 | $0 | |
Dale Bodensteiner Treasurer | 1 | $0 | |
Kathy Meyer V President | 1 | $0 | |
Donald Witt Director | 1 | $0 | |
Lisa Anderson Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $72,461 |
| Membership dues | $0 |
| Investment income | $15 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $72,476 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $5,161 |
| Professional fees and other payments to independent contractors | $11,427 |
| Occupancy, rent, utilities, and maintenance | $13,820 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $46,565 |
| Total expenses | $76,973 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $26,798 |
| Other assets | $0 |
| Total assets | $104,665 |
| Total liabilities | $85,338 |
| Net assets or fund balances | $19,327 |