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 06/2022, Tri-City Housing Corporation generated $20.4k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.4%) each year. All expenses for the organization totaled $71.8k during the year ending 06/2022. 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
2022
Describe the Organization's Program Activity:
Part 3
LOW INCOME HOUSING FOR RESIDENTS OF GROUP HOMES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Dean Klein Chairman | 0.5 | $0 | |
Carol Drasga Vice Chair Person | 0.5 | $0 | |
Carla Houck Secretary / Treasurer | 0.5 | $0 | |
Terry Quinn Board Member | 0.5 | $0 | |
Linda Jonaitis Board Member | 0.5 | $0 | |
Donald Levinson Board Member | 0.5 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $9,769 |
Total Program Service Revenue | $10,642 |
Membership dues | $0 |
Investment income | $2 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $20,413 |
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 | $3,450 |
Occupancy, rent, utilities, and maintenance | $47,796 |
Printing, publications, postage, and shipping | $56 |
Other expenses | $20,471 |
Total expenses | $71,773 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $11,506 |
Other assets | $0 |
Total assets | $222,920 |
Total liabilities | $219,082 |
Net assets or fund balances | $3,838 |