Nhf Sub Alger
- Assets
- $374.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Alpena, MI
- Founding
- 12/1996
- Data as of
- 12/2021
- EIN
- 38-3209207
Organization Overview
Nhf Sub Alger is located in Alpena, MI. The organization was established in 1996. According to its NTEE Classification (S47) the organization is classified as: Real Estate Associations, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nhf Sub Alger is a 501(c)(2) and as such, is described as a "Title Holding Corporation for an Exempt Organization" by the IRS.
For the year ending 12/2021, Nhf Sub Alger generated $35.9k 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 $23.1k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (2.8%) 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
NHF SUB ALGER HOLDS TITLE TO REAL PROPERTY, WHICH IS RENTED TO THE DISTRICT HEALTH DEPARTMENT, AND REMITS THE NET INCOME TO NORTHERN HEALTH FOUNDATION, THE SECTION 501(C) 3 PARENT ORGANIZATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steve Hall President | 2 | $0 | |
Larry A Losinski Treasurer | 1 | $0 | |
Christine Lopez Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $35,892 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $35,892 |
| 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 | $1,435 |
| Occupancy, rent, utilities, and maintenance | $20,003 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $1,671 |
| Total expenses | $23,109 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $9,577 |
| Other assets | $0 |
| Total assets | $374,376 |
| Total liabilities | $32,539 |
| Net assets or fund balances | $341,837 |
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