Bedford Community Housing Association is located in Bedford, IA. The organization was established in 1976. According to its NTEE Classification (L03) the organization is classified as: Professional Societies & Associations, 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. Bedford Community Housing Association 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, Bedford Community Housing Association generated $122.2k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.9% each year. All expenses for the organization totaled $110.3k during the year ending 12/2022. While expenses have increased by 2.6% 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
OPERATE AND MAINTAIN A 24 UNIT ELDERLY AND LOW INCOME HOUSING COMPLEX.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Pamela Calfee Treasurer | 0.5 | $0 | |
Joseph Lucas Member | 0.5 | $0 | |
Beverly Kemery Secretary | 1 | $0 | |
Russ Tavare Member | 0.5 | $0 | |
Brandon Sleep President | 2 | $0 | |
Pamela Sprague Vice President | 0.5 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $7,250 |
Total Program Service Revenue | $114,240 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $740 |
Total Revenue | $122,230 |
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 | $14,070 |
Occupancy, rent, utilities, and maintenance | $38,059 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $58,211 |
Total expenses | $110,340 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $41,923 |
Other assets | $0 |
Total assets | $390,177 |
Total liabilities | $78,651 |
Net assets or fund balances | $311,526 |