Strasburg Improvement Corporation
- Assets
- $421.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Strasburg, ND
- Founding
- Data as of
- 12/2021
- EIN
- 37-1754370
Organization Overview
Strasburg Improvement Corporation is located in Strasburg, ND.
For the year ending 12/2021, Strasburg Improvement Corporation generated $57.8k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.9%) each year. All expenses for the organization totaled $39.5k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (0.9%) per year over the past 7 years. 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
PROVIDING AFFORDABLE HOUSING TO LOW INCOME INDIVIDUALS IN RURAL NORTH DAKOTA
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tim Wikenheiser Director | 1 | $0 | |
Mark Kramer Director | 1 | $0 | |
Andrew Reis President/secretary | 1 | $0 | |
Clarence Wikenheiser Vice President | 1 | $0 | |
Mark Schreiner Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $57,471 |
| Membership dues | $0 |
| Investment income | $291 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $57,762 |
| 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 | $6,124 |
| Occupancy, rent, utilities, and maintenance | $31,921 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $1,437 |
| Total expenses | $39,482 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $182,729 |
| Other assets | $0 |
| Total assets | $421,117 |
| Total liabilities | $85,532 |
| Net assets or fund balances | $335,585 |
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