Grand Marais Citizens Housing Authority Inc is located in Escanaba, MI. The organization was established in 1998. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Grand Marais Citizens Housing Authority 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 12/2021, Grand Marais Citizens Housing Authority Inc generated $121.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.7% each year. All expenses for the organization totaled $117.8k during the year ending 12/2021. 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
FOR THE CURRENT YEAR GRAND MARAIS APARTMENTS PROVIDED HOUSING TO 14 INDIVIDUALS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Justin Chernick Vice Chairpe | 0 | $0 | |
Valarie Norman Treasurer | 0 | $0 | |
Tracy Lektzian Secretary | 0 | $0 | |
Daniel Young Chairperson | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $84,794 |
Total Program Service Revenue | $36,647 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $22 |
Total Revenue | $121,463 |
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 | $9,476 |
Occupancy, rent, utilities, and maintenance | $44,789 |
Printing, publications, postage, and shipping | $168 |
Other expenses | $63,399 |
Total expenses | $117,832 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $39,789 |
Other assets | $0 |
Total assets | $134,881 |
Total liabilities | $550,607 |
Net assets or fund balances | -$415,726 |
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