Apple Grove Homes Inc is located in Lisbon, OH. The organization was established in 1992. According to its NTEE Classification (L80) the organization is classified as: Housing Support, 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. Apple Grove Homes 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, Apple Grove Homes Inc generated $210.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.7% each year. All expenses for the organization totaled $191.3k during the year ending 06/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
HUD SUBSIDIZIED LOW INCOME HOUSING
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATION OF A 20 UNIT HUD SUBSIDIZED APARTMENT PROJECT FOR LOW INCOME OR DISABLED INDIVIDUALS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Teresa Barefield Chairperson | OfficerTrustee | 1 | $0 |
Jeff Mercer Secretary/tr | OfficerTrustee | 1 | $0 |
Deb Shaw Chairperson | OfficerTrustee | 1 | $0 |
Carol Mcarthur Vice-Chairpe | Trustee | 1 | $0 |
Todd Mccormick Board Member | Trustee | 1 | $0 |
Dennis Thompson Board Member | Trustee | 1 | $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 | $204,449 |
Investment income | $42 |
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 | $210,741 |
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 | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $11,163 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $10,186 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $28,203 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $29,980 |
Insurance | $14,714 |
All other expenses | $12,834 |
Total functional expenses | $191,252 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $30,656 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $2,724 |
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 | $4,615 |
Net Land, buildings, and equipment | $377,081 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $162,511 |
Total assets | $577,587 |
Accounts payable and accrued expenses | $10,370 |
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 | $1,010,925 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $4,776 |
Total liabilities | $1,026,071 |
Net assets without donor restrictions | -$448,484 |
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 | $577,587 |
Organization Name | Assets | Revenue |
---|---|---|
Chn Housing Partners Cleveland, OH | $74,492,798 | $91,427,214 |
Allegheny Council To Improve Our Neighborhoods-Housing Incorporated Pittsburgh, PA | $58,739,057 | $67,049,805 |
Commission On Economic Opportunity Of Luzerne County Wilkesbarre, PA | $24,684,280 | $41,061,242 |
Emerald Development And Economic Cleveland, OH | $37,695,936 | $37,548,229 |
Community First Fund Lancaster, PA | $129,035,730 | $44,963,943 |
Housing Services Mid Michigan Charlotte, MI | $2,013,469 | $14,437,193 |
Beyond Owners Group Inc Willow Street, PA | $131,731,512 | $8,827,345 |
Community Rebuilders Grand Rapids, MI | $5,851,617 | $11,572,784 |
New Directions Housing Corporation Louisville, KY | $27,737,851 | $9,868,214 |
Cinnaire Lending Corporation Lansing, MI | $75,621,059 | $9,899,346 |
University Properties Inc East Stroudsburg, PA | $58,514,914 | $5,926,957 |
Cedar Lake Residences Inc Louisville, KY | $2,301,086 | $7,918,008 |