Cedar Rapids Rhf Housing Inc is located in Long Beach, CA. The organization was established in 1992. 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. Cedar Rapids Rhf Housing 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 12/2022, Cedar Rapids Rhf Housing Inc generated $415.9k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.8% each year. All expenses for the organization totaled $466.4k during the year ending 12/2022. While expenses have increased by 2.5% per year over the past 8 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATION OF A 40 UNIT RENTAL HOUSING PROJECT FOR THE ELDERLY LOCATED IN CEDAR RAPIDS, IOWA.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Melvin G Krause President/director | 0.2 | $0 | |
Laura Fox Buchan Secretary | 0.2 | $0 | |
Mary Beth Hartenstein Director | 0.2 | $0 | |
Catherine Evers Director | 0.2 | $0 | |
Michele Scott Director | 0.2 | $0 | |
Melanie Vanweelden Director | 0.2 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $263,711 |
Interest on Savings | $0 |
Dividends & Interest | $0 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $0 |
Capital Gain Net Income | $0 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $152,148 |
Total Revenue | $415,859 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $0 |
Depreciation | $61,003 |
Occupancy | $255,528 |
Travel, conferences, and meetings | $420 |
Printing and publications | $359 |
Other expenses | $120,873 |
Total operating and administrative expenses | $466,397 |
Contributions, gifts, grants paid | $0 |
Total expenses and disbursements | $466,397 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $6,573 |
Savings and temporary cash investments | $0 |
Net Accounts receivable | $563 |
Net Pledges Receivable | $0 |
Grants receivable | $0 |
Receivables from Officers, Directors, or Controlling Persons | $0 |
Net other notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $8,458 |
Net Investments - land, buildings, equipment | $0 |
Investments—mortgage loans | $0 |
Investments—other | $590,395 |
Net Land, buildings, and equipment | $1,133,299 |
Other assets | $122,681 |
Total assets | $1,861,969 |
Accounts payable and accrued expenses | $87,114 |
Grants payable | $0 |
Deferred revenue | $420 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Mortgages and other notes payable | $2,112,538 |
Other liabilities | $12,564 |
Total liabilities | $2,212,636 |