Konis Afc Home Inc
- Assets
- $67.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Pontiac, MI
- Founding
- 11/2015
- Data as of
- 12/2021
- EIN
- 35-2281083
Organization Overview
Konis Afc Home Inc is located in Pontiac, MI. The organization was established in 2015. 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. Konis Afc Home 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 12/2021, Konis Afc Home Inc generated $173.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.4% each year. All expenses for the organization totaled $208.2k during the year ending 12/2021. While expenses have increased by 5.1% 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
ROOM AND BOARD, TRANSPORTATION TO WORK AND OR ACTIVITIES FOR 16 RESIDENCE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Roza Tesfaye Pres-Director | 40 | $82,000 | |
Elizabeth Amene Director | 1 | $160 | |
Dereje Retta Vp-Director | 10 | $0 | |
Haddish Mehari Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $173,075 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $173,075 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $137,173 |
| Professional fees and other payments to independent contractors | $1,050 |
| Occupancy, rent, utilities, and maintenance | $32,753 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $37,179 |
| Total expenses | $208,155 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $54,156 |
| Other assets | $0 |
| Total assets | $67,443 |
| Total liabilities | $80,200 |
| Net assets or fund balances | -$12,757 |
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|---|---|---|
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Community Rebuilders Grand Rapids, MI | $5,851,617 | $11,572,784 |
Cinnaire Lending Corporation Lansing, MI | $75,621,059 | $9,899,346 |
Partners For Community Development Inc Sheboygan, WI | $8,253,882 | $7,968,342 |
Bridges Community Action Partnership Marysville, OH | $6,792,515 | $6,372,376 |
Ahepa Affordable Housing Management Company Inc Fishers, IN | $29,875,447 | $8,886,631 |
Central Ohio Community Land Trust Columbus, OH | $2,592,192 | $4,520,471 |
Housing Resources Inc Milwaukee, WI | $1,278,452 | $4,218,125 |
El Barrio Inc Cleveland, OH | $2,618,772 | $3,994,510 |
Greater Green Bay Habitat For Humanity Green Bay, WI | $9,776,168 | $3,142,134 |