Strasburg Improvement Corporation is located in Strasburg, ND.
For the year ending 12/2023, Strasburg Improvement Corporation generated $72.6k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 1.1% each year. All expenses for the organization totaled $63.1k during the year ending 12/2023. While expenses have increased by 4.6% 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
PROVIDING AFFORDABLE HOUSING TO LOW INCOME INDIVIDUALS IN RURAL NORTH DAKOTA
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Andrew Reis President/secretary | 1 | $0 | |
Clarence Wikenheiser Vice President | 1 | $0 | |
Tim Wikenheiser Director | 1 | $0 | |
Mark Kramer Director | 1 | $0 | |
Mark Schreiner Director | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $69,543 |
Membership dues | $0 |
Investment income | $1,957 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $1,100 |
Total Revenue | $72,600 |
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 | $9,851 |
Occupancy, rent, utilities, and maintenance | $52,353 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $868 |
Total expenses | $63,072 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $193,733 |
Other assets | $0 |
Total assets | $431,750 |
Total liabilities | $75,758 |
Net assets or fund balances | $355,992 |