Country Lane Apartments Inc

Organization Overview

Country Lane Apartments Inc is located in Mt Sterling, IL. The organization was established in 1994. According to its NTEE Classification (L20) the organization is classified as: Housing Development, Construction & Management, 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. Country Lane Apartments 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 06/2024, Country Lane Apartments Inc generated $107.1k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (0.5%) each year. All expenses for the organization totaled $126.7k during the year ending 06/2024. As we would expect to see with falling revenues, expenses have declined by (0.1%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2024

Describe the Organization's Mission:

Part 3 - Line 1

HOUSING FOR ELDERLY & DISABLED

Describe the Organization's Program Activity:

Part 3 - Line 4a

CLIENT RENTAL EXPENSES


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Board, Officers & Key Employees

Name (title)Compensation
John Dittmer
V. President
$0
Jerry Edison
Board Member
$0
Tom Hartzell
Board Member
$0
Caitlin Hobson
Board Member
$0
Bill Hollis
President
$0
Sandra Prather
Board Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $51,696
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$51,696
Total Program Service Revenue$54,987
Investment income $375
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 $107,058

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