St Clair County Housing Development Corporation is located in Fort Gratiot, MI. The organization was established in 1994. 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. St Clair County Housing Development 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, St Clair County Housing Development Corporation generated $23.8k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 1.9% each year. All expenses for the organization totaled $39.0k during the year ending 12/2023. While expenses have increased by 0.5% per year over the past 9 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
TO PROVIDE ELDERLY PERSONS AND HANDICAPPED PERSONS WITH HOUSING FACILITIES AND SERVICES SPECIFICALLY DESIGNED TO MEET THEIR PHYSICAL, SOCIAL, AND PSYCHOLOGICAL NEEDS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Lee Galbraith Trustee | 0 | $0 | |
Jim Godwin Trustee | 0 | $0 | |
Rich Ward President | 0 | $0 | |
Ken Montgomery Treasurer | 0 | $0 | |
Tom Hamilton Secretary | 0 | $0 | |
Judy Worthington Vice President | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $22,784 |
Membership dues | $0 |
Investment income | $875 |
Gain or Loss | $117 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $23,776 |
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 | $3,450 |
Occupancy, rent, utilities, and maintenance | $33,085 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $2,514 |
Total expenses | $39,049 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $40,973 |
Other assets | $0 |
Total assets | $167,342 |
Total liabilities | $122,360 |
Net assets or fund balances | $44,982 |