Scottsburg Senior Housing Corporation is located in Scottsburg, IN. The organization was established in 1976. According to its NTEE Classification (L22) the organization is classified as: Senior Citizens Housing & Retirement Communities, 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. Scottsburg Senior Housing Corporation 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 12/2021, Scottsburg Senior Housing Corporation generated $274.6k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.8% each year. All expenses for the organization totaled $282.2k during the year ending 12/2021. While expenses have increased by 3.0% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE RENTAL HOUSING FOR ELIGIBLE OCCUPANTS UNDER THE FMHA SUBSIDIZED HOUSING PROGRAM
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDING RENTAL HOUSING FOR ELIGIBLE OCCUPANTS UNDER THE FMHA SUBSIDIZED HOUSING PROGRAM. THE ORGANIZATION MAINTAINED OCCUPANCY RATES GREATER THAN 95% FOR THE ENTIRE YEAR.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Randy Richey President | OfficerTrustee | 2 | $0 |
Bill Graham Vice-President | OfficerTrustee | 2 | $0 |
Donna Faris Secretary/treasurer | OfficerTrustee | 2 | $0 |
Steven Rumple Director | Trustee | 1 | $0 |
Jerry Buchanan Director | Trustee | 2 | $0 |
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 | $261,372 |
Investment income | $11 |
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 | $274,614 |
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 | $46,062 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $9,155 |
Payroll taxes | $5,093 |
Fees for services: Management | $34,632 |
Fees for services: Legal | $875 |
Fees for services: Accounting | $1,635 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $60 |
Office expenses | $12,722 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $107,390 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $1,634 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $45,423 |
Insurance | $17,544 |
All other expenses | $0 |
Total functional expenses | $282,225 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $23,198 |
Savings and temporary cash investments | $221,961 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $7,540 |
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 | $8,757 |
Net Land, buildings, and equipment | $1,248,986 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $300 |
Total assets | $1,510,742 |
Accounts payable and accrued expenses | $9,433 |
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 | $518,605 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $16,133 |
Total liabilities | $544,171 |
Net assets without donor restrictions | $966,571 |
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 | $1,510,742 |
Organization Name | Assets | Revenue |
---|---|---|
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Clare Oaks Bartlett, IL | $26,201,984 | $13,279,793 |
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Masonic Home Independent Living Ii Inc Masonic Home, KY | $142,516,912 | $16,410,935 |
Oakwood Village Prairie Ridge Homes Inc Madison, WI | $61,014,266 | $15,535,778 |
Saint Anne Home And Retirment Community Fort Wayne, IN | $21,467,824 | $25,970,139 |
Lewis Memorial Christian Village St Louis, MO | $48,381,888 | $18,539,239 |
Prairie Landing Community Inc Indianapolis, IN | $109,459,923 | $13,961,062 |
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