Columbia Homes For Elderly Inc
- Assets
- $395.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Morristown, TN
- Founding
- 03/1999
- Data as of
- 12/2021
- EIN
- 31-1632278
Organization Overview
Columbia Homes For Elderly Inc is located in Morristown, TN. The organization was established in 1999. 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. Columbia Homes For Elderly 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 12/2021, Columbia Homes For Elderly Inc generated $61.4k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.8% each year. All expenses for the organization totaled $70.5k during the year ending 12/2021. While expenses have increased by 0.4% 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
2021
Describe the Organization's Program Activity:
Part 3
TO PROVIDE HUD ASSISTED HOUSING FOR LOW INCOME AND ELDERLY TENANTS. 11 UNITS PROVIDED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kay Hale President | 0.1 | $0 | |
Barbara Raper Director | 0.1 | $0 | |
Joe Benthal Director | 0.1 | $0 | |
Lane Wolfenbarger Director | 0.1 | $0 | |
Chris Horn Director | 0.1 | $0 | |
Jack Yates Vice-President | 0.1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $26,787 |
| Total Program Service Revenue | $34,656 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $3 |
| Total Revenue | $61,446 |
| 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 | $2,881 |
| Occupancy, rent, utilities, and maintenance | $52,074 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $15,541 |
| Total expenses | $70,496 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $6,556 |
| Other assets | $0 |
| Total assets | $395,298 |
| Total liabilities | $619,253 |
| Net assets or fund balances | -$223,955 |
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