Independence Square Apartments Ii
- Assets
- $199.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Fort Gratiot, MI
- Founding
- 07/1996
- Data as of
- 12/2021
- EIN
- 38-3295366
Organization Overview
Independence Square Apartments Ii is located in Fort Gratiot, MI. The organization was established in 1996. 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. Independence Square Apartments Ii 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, Independence Square Apartments Ii generated $108.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.9% each year. All expenses for the organization totaled $109.7k 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
TO PROVIDE ELDERLY PERSONS AND HANDICAPPED PERSONS WITH HOUSING FACILITIES AND SERVICES SPECIFICALLY DESIGNED TO MEET THEIR PHYSICAL, SOCIAL, AND PSYCHOLOGICAL NEEDS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kathleen Zito Trustee | 0 | $0 | |
Judy Worthington President | 0 | $0 | |
Rich Ward Treasurer | 0 | $0 | |
Robert Buechler Trustee | 0 | $0 | |
Helen Ruffing Secretary | 0 | $0 | |
Teri Koch Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $57,571 |
| Total Program Service Revenue | $23,141 |
| Membership dues | $0 |
| Investment income | $212 |
| Gain or Loss | $1,723 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $25,550 |
| Total Revenue | $108,197 |
| 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 | $25,920 |
| Occupancy, rent, utilities, and maintenance | $67,894 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $15,927 |
| Total expenses | $109,741 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $22,737 |
| Other assets | $0 |
| Total assets | $199,888 |
| Total liabilities | $10,637 |
| Net assets or fund balances | $189,251 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Fox Run Village Inc Novi, MI | $460,113,194 | $70,545,249 |
Csi-Derby Street Nonprofit Housing Corporation Warren, MI | $670,695 | $62,509,360 |
Blanchard Valley Continuing Care Services Findlay, OH | $61,929,671 | $35,904,527 |
American Senior Communities Group Health Plan Indianapolis, IN | $8,703,398 | $37,045,158 |
Twin Lakes Cincinnati, OH | $221,116,873 | $30,548,357 |
St Leonard Centerville, OH | $96,777,617 | $31,237,067 |
Colonial Senior Services Inc Hamilton, OH | $79,845,037 | $27,642,805 |
Clark Retirement Community Inc Grand Rapids, MI | $96,381,064 | $20,508,927 |
First Community Village Columbus, OH | $122,549,081 | $19,045,598 |
Resthaven Holland, MI | $35,879,779 | $29,087,420 |
Willow Brook Christian Services Delaware, OH | $3,018,622 | $23,582,237 |
Covenant Retirement Communities Of The Great Lakes Conference Grand Rapids, MI | $46,465,743 | $18,284,551 |