Adkins Village Non Profit Housing Corporation is located in Benton Harbor, MI. The organization was established in 2001. 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. Adkins Village 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, Adkins Village Non Profit Housing Corporation generated $351.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.2% each year. All expenses for the organization totaled $367.6k during the year ending 12/2021. While expenses have increased by 1.7% per year over the past 7 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE ELDERLY LOW INCOME PERSONS WITH HOUSING FACILITIES AND SERVICES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED HOUSING FACILITIES, SOCIAL ACTIVITIES, AND OPPORTUNITIES FOR LOW INCOME ELDERLY INDIVIDUALS TO LIVE HEALTHIER, HAPPIER, AND LONGER LIVES AT A REASONABLE COST OF LIVING.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Geraldine O Gavin Secretary | OfficerTrustee | 0.7 | $0 |
Danethel Whitfield President | OfficerTrustee | 0.7 | $0 |
Wilbur Scott Vice President/treasurer | OfficerTrustee | 0.7 | $0 |
Ruth Mayfield Member | Trustee | 0.3 | $0 |
Musetta Hillard Member | Trustee | 0.3 | $0 |
Rev Kenneth Robinson Member | Trustee | 0.7 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $71,733 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $71,733 |
Total Program Service Revenue | $279,270 |
Investment income | $84 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $351,087 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $84,892 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $13,367 |
Payroll taxes | $7,850 |
Fees for services: Management | $26,122 |
Fees for services: Legal | $180 |
Fees for services: Accounting | $7,500 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $425 |
Office expenses | $12,738 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $50,601 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $106,951 |
Insurance | $18,601 |
All other expenses | $0 |
Total functional expenses | $367,582 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $13,622 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $1,000 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $1,031 |
Net Land, buildings, and equipment | $1,107,275 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $17,844 |
Total assets | $1,140,772 |
Accounts payable and accrued expenses | $20,751 |
Grants payable | $0 |
Deferred revenue | $2,775 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $11,107 |
Total liabilities | $34,633 |
Net assets without donor restrictions | -$1,821,861 |
Net assets with donor restrictions | $2,928,000 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $1,140,772 |
Organization Name | Assets | Revenue |
---|---|---|
National Church Residences Columbus, OH | $160,821,916 | $104,850,885 |
Wisconsin Housing Preservation Corp Madison, WI | $363,112,557 | $53,775,337 |
Capital Area Housing Partnership Lansing, MI | $4,892,725 | $36,115,951 |
Community Housing Network Inc Columbus, OH | $58,364,637 | $14,874,820 |
Ho-Chunk Housing And Community Development Agency Tomah, WI | $18,849,800 | $12,706,218 |
Iccf Community Home Grand Rapids, MI | $56,991,774 | $12,188,676 |
Over The Rhine Community Housing Cincinnati, OH | $24,358,276 | $7,722,304 |
Hudsonville Christian School Hudsonville, MI | $18,424,541 | $13,917,128 |
Lacasa Of Goshen Inc Goshen, IN | $26,643,418 | $6,732,087 |
Dwelling Place Of Grand Rapids Nonprofit Housing Corporation Grand Rapids, MI | $53,298,449 | $7,853,634 |
Creative Housing Inc Columbus, OH | $43,851,773 | $5,323,506 |
Harbor House Ministries Jenison, MI | $5,031,278 | $3,994,152 |