Ashland Group Home Inc
- Assets
- $111.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lexington, KY
- Founding
- 08/2007
- Data as of
- 06/2022
- EIN
- 30-0342188
Organization Overview
Ashland Group Home Inc is located in Lexington, KY. The organization was established in 2007. According to its NTEE Classification (L21) the organization is classified as: Low-Income & Subsidized Rental Housing, 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. Ashland Group Home 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, Ashland Group Home Inc generated $29.0k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 13.4% each year . All expenses for the organization totaled $50.2k during the year ending 06/2022. While expenses have increased by 1.4% 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
OPERATION OF AN 8-UNIT APARTMENT PROJECT IN LEXINGTON, KENTUCKY TO HOUSE LOW INCOME INDIVIDUALS WITH MENTAL HEALTH/INTELLECTUAL AND DEVELOPMENTAL DISABILITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Philip Berger Board Director | 0.5 | $0 | |
Linda Watt Board Chair | 0.5 | $0 | |
Karen Ward Board Vice Chair | 0.5 | $0 | |
Jock Conley Board Director | 0.5 | $0 | |
Dee Werline Secretary/treasurer | 0.5 | $0 | |
Mary June Brunker Board Director | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $28,977 |
| Membership dues | $0 |
| Investment income | $5 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $28,982 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $30,498 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $19,682 |
| Total expenses | $50,180 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $1,363 |
| Other assets | $0 |
| Total assets | $111,508 |
| Total liabilities | $300,480 |
| Net assets or fund balances | -$188,972 |
Peer Organizations
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|---|---|---|
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Creative Housing Inc Columbus, OH | $43,851,773 | $5,323,506 |
Family Scholar House Inc Louisville, KY | $18,614,591 | $4,995,688 |
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The Village At Mercy Creek Lemont, IL | $14,145,576 | $2,549,375 |
Regina Manor Apartments Inc Toledo, OH | $0 | $7,363 |
American Village Communities Inc Fairfax, VA | $15,020,871 | $7,566,152 |
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