Horizon Residential Altrnatives Inc is located in Peru, IL. The organization was established in 1983. 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. Horizon Residential Altrnatives 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, Horizon Residential Altrnatives Inc generated $174.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.3% each year. All expenses for the organization totaled $147.2k during the year ending 06/2022. While expenses have increased by 1.4% 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
2022
Describe the Organization's Program Activity:
Part 3
PROVIDE LOW INCOME HOUSING TO DEVELOPMENTALLY DISABLED.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Stacy Newell Vice Preside | 0 | $0 | |
Jodie Miller Treasurer | 0 | $0 | |
Amy Baker Director | 0 | $0 | |
C Aleigh Day Director | 0 | $0 | |
Nick Biagioni Director | 0 | $0 | |
Neal Hodges Director | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $120,975 |
Total Program Service Revenue | $53,955 |
Membership dues | $0 |
Investment income | $18 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $174,948 |
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 | $7,516 |
Occupancy, rent, utilities, and maintenance | $60,910 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $78,766 |
Total expenses | $147,192 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $82,361 |
Other assets | $0 |
Total assets | $291,127 |
Total liabilities | $19,688 |
Net assets or fund balances | $271,439 |
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