Macarthur Manor Senior Residences Inc
- Assets
- $3.3m
- Revenue
- $247.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Wichita, KS
- Founding
- 03/2009
- Data as of
- 05/2022
- EIN
- 26-4258320
Organization Overview
Macarthur Manor Senior Residences Inc is located in Wichita, KS. The organization was established in 2009. 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. Macarthur Manor Senior Residences 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 05/2022, Macarthur Manor Senior Residences Inc generated $247.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.9% each year. All expenses for the organization totaled $409.8k during the year ending 05/2022. While expenses have increased by 1.3% per year over the past 7 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
MAINTENANCE AND OPERATIONS OF LOW-INCOME HOUSING PROJECTS FOR LOW-INCOME ELDERLY INDIVIDUALS THROUGH H.U.D. PROGRAMS
Describe the Organization's Program Activity:
Part 3 - Line 4a
MACARTHUR MANOR SENIOR RESIDENCES, INC (A KANSAS NOT-FOR-PROFIT CORPORATION) WAS ORGANIZED TO CONSTRUCT, OWN AND OPERATE A 44 UNIT APARTMENT COMMUNITY IN WICHITA, KANSAS, KNOWN AS MACARTHUR MANOR SENIOR RESIDENCES, PURSUANT TO SECTION 202 OF THE NATIONAL AFFORDABLE HOUSING ACT, AS AMENDED.
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 |
|---|---|---|---|
Byron Adrian President | OfficerTrustee | 1 | $0 |
Lane Kvasnicka Vice-President | OfficerTrustee | 1 | $0 |
Dorothy Shelby Secretary | OfficerTrustee | 1 | $0 |
Steve Howard Treasurer | OfficerTrustee | 1 | $0 |
Jeanette Stucky Director | Trustee | 1 | $0 |
Michael Mayta Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $90,185 |
| 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 | $90,185 |
| Total Program Service Revenue | $137,741 |
| Investment income | $851 |
| 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 | $247,261 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $23,625 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $5,440 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $170 |
| Office expenses | $14,919 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $149,847 |
| Travel | $5,058 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $425 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $153,844 |
| Insurance | $623 |
| All other expenses | $0 |
| Total functional expenses | $409,761 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,194 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,514 |
| 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 | $5,164 |
| Net Land, buildings, and equipment | $2,880,711 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $431,712 |
| Intangible assets | $0 |
| Other assets | $18,119 |
| Total assets | $3,342,414 |
| Accounts payable and accrued expenses | $28,512 |
| Grants payable | $0 |
| Deferred revenue | $1,288 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $14,674 |
| Total liabilities | $44,474 |
| Net assets without donor restrictions | -$1,619,460 |
| Net assets with donor restrictions | $4,917,400 |
| 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 | $3,342,414 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Macarthur Manor Senior Residences Inc has recieved totaling $19,030.
| Awarding Organization | Amount |
|---|---|
Mennonite Housing Rehabilatation Services Inc Wichita, KS PURPOSE: DONATION OF PPP FUNDS TO ASSIST WITH PAYROLL EXPENSES | $9,515 |
Mennonite Housing Rehabilatation Services Inc Wichita, KS PURPOSE: DONATION OF PPP FUNDS TO ASSIST WITH PAYROLL EXPENSES | $9,515 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Foundation For Affordable Housing Omaha, NE | $529,060,224 | $34,736,721 |
Mercy Housing California Denver, CO | $227,832,939 | $51,666,218 |
Northeast Denver Housing Center Inc Denver, CO | $58,407,194 | $39,072,373 |
Mercy Housing Inc Denver, CO | $121,949,049 | $44,644,651 |
Mercy Housing Lakefront Denver, CO | $45,086,430 | $37,545,157 |
Brothers Redevelopment Inc Edgewater, CO | $28,566,111 | $21,890,998 |
Habitat For Humanity International Inc Omaha, NE | $36,900,454 | $19,457,975 |
North East Community Action Corporation Bowling Green, MO | $19,489,309 | $16,722,475 |
Habitat For Humanity International Inc Tulsa, OK | $20,375,468 | $13,816,169 |
South Of Market Mercy Housing Denver, CO | $1,397,293 | $161,294 |
Habitat For Humanity Of Kansas City Kansas City, MO | $24,127,378 | $10,262,500 |
Mccalls Community Homes Inc Ada, OK | $3,788,949 | $9,810,630 |