Williamsburg Area Improved Dwellings Inc
- Assets
- $1.2m
- Revenue
- $396.8k
- Investments
- $0.0
- Employees
- 2
- Location
- Williamsburg, PA
- Founding
- 05/2007
- Data as of
- 06/2022
- EIN
- 25-1349897
Organization Overview
Williamsburg Area Improved Dwellings Inc is located in Williamsburg, PA. The organization was established in 2007. 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. As of 06/2022, Williamsburg Area Improved Dwellings Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Williamsburg Area Improved Dwellings Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Williamsburg Area Improved Dwellings Inc generated $396.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.6% each year. All expenses for the organization totaled $382.0k during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE HOUSING TO LOW INCOME ELDERLY INDIVIDUALS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROGRAM SERVICES FOR HOUSING OF THE ELDERLY IN LOW INCOME HOUSING UNITS. 100% OF THE GRANTS ARE USED TO OFFSET EXPENSES, HELP PAY THE MORTGAGE AND MAINTAIN RESERVE BALANCE. 29 UNITS ARE OFFERED.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michelle Ross Manager | Trustee | 40 | $40,055 |
Shirley Kurtz-Flaugh Secretary | OfficerTrustee | 1 | $0 |
Rose Lynn Vice President | OfficerTrustee | 1 | $0 |
Daryl Cole President | OfficerTrustee | 1 | $0 |
Sandra Young Treasurer | OfficerTrustee | 1 | $0 |
William Lee Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $351,810 |
| Investment income | $614 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $396,763 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $6,000 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $40,055 |
| Compensation of current officers, directors, key employees. | $40,055 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $38,560 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $5,213 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $78 |
| Fees for services: Accounting | $7,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $7,407 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $97,292 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $64,252 |
| Insurance | $15,014 |
| All other expenses | $0 |
| Total functional expenses | $381,963 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $32,396 |
| Savings and temporary cash investments | $241,423 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $14,307 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $5,810 |
| Net Land, buildings, and equipment | $898,596 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,192,532 |
| Accounts payable and accrued expenses | $14,105 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $1,377,933 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $15,806 |
| Total liabilities | $1,407,844 |
| Net assets without donor restrictions | -$215,312 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,192,532 |
Grants Awarded
Over the last fiscal year, Williamsburg Area Improved Dwellings Inc has awarded $6,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
WILLIAMSBURG BOROUGH PURPOSE: VOLUNTARY PAYMENT IN LIEU OF TAXES | $5,000 |
WILLIAMSBURG FIRE COMMISSION PURPOSE: VOLUNTARY PAYMENT TO SUPPORT COMMUNITY ORGANIZATION | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Nhp Foundation New York, NY | $288,555,579 | $98,614,983 |
Enterprise Community Development Inc Columbia, MD | $150,433,261 | $43,987,858 |
Viecare Beaver Llc Cranberry Township, PA | $43,089,373 | $46,860,704 |
Renewal Housing Inc North Bethesda, MD | $14,557,789 | $3,551,240 |
Columbus Property Management & Development Inc Philadelphia, PA | $30,446,777 | $36,581,885 |
Nycha Ii Housing Development Fund Corporation New York, NY | $21,607,256 | $75,418,815 |
Eihab Human Services New Jersey Inc Springfield Gardens, NY | $6,084,233 | $34,447,037 |
West Side Federation For Senior Housing Inc New York, NY | $138,485,239 | $41,412,403 |
Mainstay Life Services Pittsburgh, PA | $23,133,484 | $27,133,047 |
East Harlem Pilot Block Housing Development Fund Co Inc New York, NY | $76,192,730 | $32,420,395 |
Orange Affordable Housing Inc New York, NY | $0 | $0 |
Housing Visions Unlimited Inc Syracuse, NY | $54,882,329 | $24,284,268 |