Tri-City Housing Corporation is located in Merrillville, IN. The organization was established in 1994. According to its NTEE Classification (L21) the organization is classified as: Low-Income & Subsidized Rental Housing, 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. Tri-City 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 06/2021, Tri-City Housing Corporation generated $28.9k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 4.2% each year. All expenses for the organization totaled $74.3k during the year ending 06/2021. While expenses have increased by 7.9% per year over the past 6 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
LOW INCOME HOUSING FOR RESIDENTS OF GROUP HOMES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Terrence Quinn Chairperson | 0.5 | $0 | |
Dean Bailey Board Member-Term Began Feb'21 | 0.5 | $0 | |
Carol Drasga Secretary/treasurer | 0.5 | $0 | |
Herbert Cruz Jr Board Member | 0.5 | $0 | |
Lenard Fuller Board Member | 0.5 | $0 | |
Amy Han Board Member | 0.5 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $11,078 |
Total Program Service Revenue | $17,686 |
Membership dues | $0 |
Investment income | $2 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $126 |
Total Revenue | $28,892 |
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 | $3,093 |
Occupancy, rent, utilities, and maintenance | $46,859 |
Printing, publications, postage, and shipping | $6 |
Other expenses | $24,356 |
Total expenses | $74,314 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $13,969 |
Other assets | $0 |
Total assets | $239,801 |
Total liabilities | $184,603 |
Net assets or fund balances | $55,198 |
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