Johnstone Apartments Inc is located in Fort Gratiot, MI. The organization was established in 1993. According to its NTEE Classification (P99) the organization is classified as: Human Services N.E.C., under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Johnstone Apartments 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, Johnstone Apartments Inc generated $96.2k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.1%) each year. All expenses for the organization totaled $110.2k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (18.2%) 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
TO PROVIDE ELDERLY PERSONS AND HANDICAPPED PERSONS WITH HOUSING FACILITIES AND SERVICES SPECIFICALLY DESIGNATED TO MEET THEIR PHYSICAL, SOCIAL AND PSYCHOLOGICAL NEEDS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Teri Koch Trustee | 0 | $0 | |
Kathleen Zito Trustee | 0 | $0 | |
Helen Ruffing President | 0 | $0 | |
Harry Oldenburg Treasurer | 0 | $0 | |
Robert Buechler Trustee | 0 | $0 | |
Rich Ward Secretary | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $68,287 |
Total Program Service Revenue | $26,343 |
Membership dues | $0 |
Investment income | $47 |
Gain or Loss | -$73 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $1,610 |
Total Revenue | $96,214 |
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 | $35,035 |
Occupancy, rent, utilities, and maintenance | $64,015 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $11,119 |
Total expenses | $110,169 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $14,559 |
Other assets | $0 |
Total assets | $267,647 |
Total liabilities | $14,042 |
Net assets or fund balances | $253,605 |
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