Keweenaw County Housing Corporation
- Assets
- $114.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Mohawk, MI
- Founding
- 03/1983
- Data as of
- 12/2023
- EIN
- 38-2244836
Organization Overview
Keweenaw County Housing Corporation is located in Mohawk, MI. 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. Keweenaw County Housing Corporation 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 12/2023, Keweenaw County Housing Corporation generated $135.2k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 0.8% each year. All expenses for the organization totaled $130.4k during the year ending 12/2023. While expenses have increased by 1.1% per year over the past 6 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
APARTMENT RENTAL FOR THE ELDERLY AND DISABLED, PARTIALLY SUBSIDIZED BY THE U.S. DEPARTMENT OF AGRICULTURE - RURAL HOUSING SERVICE; 24 UNITS,100% OCCUPANCY AT 12/31/23.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bill Hannon President | 0 | $0 | |
Ann Standridge Vice-President | 0 | $0 | |
Elizabeth Anderson Secretary And Treasurer | 0 | $0 | |
Jan Grieger Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $132,472 |
| Membership dues | $0 |
| Investment income | $10 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $2,672 |
| Total Revenue | $135,154 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $49,653 |
| Professional fees and other payments to independent contractors | $2,350 |
| Occupancy, rent, utilities, and maintenance | $49,132 |
| Printing, publications, postage, and shipping | $1,132 |
| Other expenses | $28,145 |
| Total expenses | $130,412 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $42,860 |
| Other assets | $0 |
| Total assets | $114,630 |
| Total liabilities | $190,674 |
| Net assets or fund balances | -$76,044 |