White Countys Evergreen Acres Inc
- Assets
- $1.0m
- Revenue
- $802.3k
- Investments
- $0.0
- Employees
- 6
- Location
- Carmi, IL
- Founding
- 11/1979
- Data as of
- 05/2024
- EIN
- 37-1050616
Organization Overview
White Countys Evergreen Acres Inc is located in Carmi, IL. The organization was established in 1979. According to its NTEE Classification (L22) the organization is classified as: Senior Citizens Housing & Retirement Communities, under the broad grouping of Housing & Shelter and related organizations. As of 05/2024, White Countys Evergreen Acres Inc employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. White Countys Evergreen Acres Inc is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 05/2024, White Countys Evergreen Acres Inc generated $802.3k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 2.0% each year. All expenses for the organization totaled $840.7k during the year ending 05/2024. While expenses have increased by 1.8% per year over the past 9 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2024
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE HIGH QUALITY AFFORDABLE HOUSING AND SERVICES ENABLING LOW-INCOME ELDERLY AND/OR DISABLED TO BE INDEPENDENT, TO TAKE CARE OF THEMSELVES WITH DIGNITY AND TO ENJOY A HIGH QUALITY OF LIFE
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDES SUBSIDIZED HOUSING FOR THE ELDERLY AND HANDICAPPED WHO ARE LOW-INCOME
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Pete Fulkerson Manager/treasurer | OfficerTrustee | 40 | $67,756 |
Doug Hays President | OfficerTrustee | 0 | $0 |
Mike Martin Vice President | OfficerTrustee | 0 | $0 |
Valarie Berekashvili Secretary | OfficerTrustee | 0 | $0 |
Scott Rice Director | Trustee | 0 | $0 |
Kent Sallee Director | Trustee | 0 | $0 |
Financial Statements
| 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 | $802,125 |
| Investment income | $152 |
| 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 | $802,277 |
| 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 | $238,114 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $18,573 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $19,845 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $4,756 |
| Office expenses | $17,237 |
| Information technology | $3,134 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $500 |
| Interest | $95,090 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $93,659 |
| Insurance | $43,712 |
| All other expenses | $19,479 |
| Total functional expenses | $840,663 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $23,247 |
| Savings and temporary cash investments | $219,050 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $24,117 |
| Prepaid expenses and deferred charges | $16,904 |
| Net Land, buildings, and equipment | $652,442 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $56,926 |
| Other assets | $17,259 |
| Total assets | $1,009,945 |
| Accounts payable and accrued expenses | $134,564 |
| Grants payable | $0 |
| Deferred revenue | $10,483 |
| 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 | $1,446,585 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $17,210 |
| Total liabilities | $1,608,842 |
| Net assets without donor restrictions | -$598,897 |
| 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 | $1,009,945 |