Norway Area Non-Profit Housing Corporation
- Assets
- $453.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Escanaba, MI
- Founding
- 05/1996
- Data as of
- 12/2021
- EIN
- 38-3109257
Organization Overview
Norway Area Non-Profit Housing Corporation is located in Escanaba, MI. The organization was established in 1996. 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. Norway Area Non-Profit 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 12/2021, Norway Area Non-Profit Housing Corporation generated $165.7k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of 0.0% each year. All expenses for the organization totaled $171.6k 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
DURING THE CURRENT YEAR NORWAY AREA HOUSING ASSOCIATION PROVIDED HOUSING TO 23 INDIVIDUALS WHO OCCUPIED 20 UNITS THROUGHOUT THE YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marvin Pollard Member | 0 | $0 | |
Greg Vargo Member | 0 | $0 | |
Terry Spence President | 0 | $0 | |
Sandi Peroceschi Member | 0 | $0 | |
Tom Pearman Vice Preside | 0 | $0 | |
Chris Spence Secretary/ T | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $97,554 |
| Total Program Service Revenue | $67,768 |
| Membership dues | $0 |
| Investment income | $43 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $381 |
| Total Revenue | $165,746 |
| 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 | $38,091 |
| Occupancy, rent, utilities, and maintenance | $41,089 |
| Printing, publications, postage, and shipping | $324 |
| Other expenses | $92,137 |
| Total expenses | $171,641 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $87,196 |
| Other assets | $0 |
| Total assets | $453,622 |
| Total liabilities | $662,498 |
| Net assets or fund balances | -$208,876 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Gene B Glick Family Housing Foundation Inc Indianapolis, IN | $374,839,062 | $69,361,551 |
Alliance For Housing Oakland County Continuum Of Care Pontiac, MI | $25,935,962 | $39,151,253 |
Integrated Community Services Inc Green Bay, WI | $950,571 | $23,339,700 |
Cinnaire Corporation Cinnaire Lansing, MI | $74,619,323 | $21,850,720 |
Bethany Housing Ministries Inc Muskegon, MI | $4,087,536 | $16,635,219 |
Milwaukee Habitat For Humanity Milwaukee, WI | $24,987,795 | $20,382,762 |
Habitat For Humanity International Inc Cincinnati, OH | $19,861,311 | $21,403,808 |
Buckeye Community Hope Foundation Columbus, OH | $50,429,521 | $11,276,532 |
Caracole Inc Cincinnati, OH | $7,131,053 | $11,567,326 |
Taylor Community Development Corp Taylor, MI | $29,334,174 | $14,242,807 |
Habitat For Humanity International Inc Indianapolis, IN | $27,221,776 | $14,208,425 |
Western Reserve Revitalization & Management Co Cleveland, OH | $81,496,475 | $17,708,509 |