National Church Residences Of is located in Columbus, OH. The organization was established in 1982. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. National Church Residences Of 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 08/2021, National Church Residences Of generated $591.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.5% each year. All expenses for the organization totaled $601.1k during the year ending 08/2021. While expenses have increased by 2.1% 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 HOUSING FOR LOW AND MODERATE INCOME FAMILIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE SOLE PURPOSE IS TO PROVIDE SUBSIDIZED LOW AND MODERATE-INCOME APARTMENT RENTAL HOUSING FOR PRIMARILY ELDERLY PERSONS THROUGH THE U.S. DEPARTMENT OF HUD SECTIONS 202 AND 8 PROGRAMS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Janet Smith Meeks Chair | OfficerTrustee | 0.1 | $0 |
Sonya Brown Vice President (effective May 2021) | Officer | 0.1 | $0 |
Susan M Dimickele Secretary | Officer | 0.1 | $0 |
Julia A Fratianne Treasurer (through May 2021) | Officer | 0.1 | $0 |
Julie M Woolley Assistant Secretary (eff. May 2021) | Officer | 0.1 | $0 |
Jill Kolb Treasurer (effective May 2021) | Officer | 0.1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $393,865 |
Investment income | $72 |
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 | $591,181 |
Statement of Expenses | |
---|---|
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 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 | $43,533 |
Fees for services: Legal | $1,809 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $1,276 |
Office expenses | $14,227 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $30,046 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $666 |
Interest | $63,461 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $71,517 |
Insurance | $28,608 |
All other expenses | $0 |
Total functional expenses | $601,089 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $41,901 |
Savings and temporary cash investments | $22,243 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $40,559 |
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 | $26,776 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $69,407 |
Total assets | $1,583,288 |
Accounts payable and accrued expenses | $48,207 |
Grants payable | $0 |
Deferred revenue | $1,527 |
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 | $2,408,847 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $19,925 |
Total liabilities | $2,478,506 |
Net assets without donor restrictions | $0 |
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 |
Total liabilities and net assets/fund balances | -$895,218 |
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Rbc Ministries Grand Rapids, MI | $21,687,815 | $61,139,442 |
Gospel Light Mennonite Church Medical Aid Plan Canton, OH | $23,765,488 | $52,923,721 |
Vision Benefits Of America Inc Suite 400 Carnegie, PA | $64,908,622 | $38,442,292 |
Answers In Genesis Inc Petersburg, KY | $94,175,549 | $47,216,237 |
National Church Residences Foundation Columbus, OH | $124,164,884 | $10,642,562 |
Diakon Child Family & Community Ministries Topton, PA | $23,881,449 | $28,006,448 |
Lutheran Home Westlake, OH | $17,550,739 | $14,990,939 |
Mission Pre-Born Inc Indianapolis, IN | $6,569,199 | $16,394,673 |
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Back 2 Back Ministries Inc Mason, OH | $16,341,723 | $15,736,396 |
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