Laona Non Profit Housing Corporation
- Assets
- $36.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Crandon, WI
- Founding
- 05/1974
- Data as of
- 12/2020
- EIN
- 39-1178910
Organization Overview
Laona Non Profit Housing Corporation is located in Crandon, WI. The organization was established in 1974. According to its NTEE Classification (L50) the organization is classified as: Homeowners & Tenants Associations, 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. Laona Non Profit Housing Corporation is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2020, Laona Non Profit Housing Corporation generated $44.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (5.2%) each year. All expenses for the organization totaled $48.0k during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (2.6%) per year over the past 6 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
2020
Describe the Organization's Program Activity:
Part 3
OPERATE TWO LOW INCOME HOUSING PROJECTS IN TWO BUILDINGS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ward Leach President | 0 | $0 | |
Kevin Kramer Member | 0 | $0 | |
Kevin Koepke Member | 0 | $0 | |
Jason Gruett Secretary | 0 | $0 | |
Dick Popp Member | 0 | $0 | |
Ken Winkleman VP | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $42,982 |
| Membership dues | $0 |
| Investment income | $25 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $1,222 |
| Total Revenue | $44,229 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $7,020 |
| Professional fees and other payments to independent contractors | $5,220 |
| Occupancy, rent, utilities, and maintenance | $24,367 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $11,378 |
| Total expenses | $47,985 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $16,951 |
| Other assets | $0 |
| Total assets | $36,018 |
| Total liabilities | $11,032 |
| Net assets or fund balances | $24,986 |
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|---|---|---|
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820 W Belle Plaine Cooperative Chicago, IL | $8,052,333 | $2,389,201 |
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Sugar Springs Property Owners Association Inc Gladwin, MI | $5,130,736 | $3,024,373 |
Minnesota Multi Housing Assn Bloomington, MN | $1,831,730 | $2,659,160 |
Lake Holiday Property Owners Association Inc Somonauk, IL | $7,075,550 | $2,253,751 |
Platte Lake Property Owners Association Hillman, MN | $0 | $1,817,640 |
Eastern Iowa Regional Housing Corporation Dubuque, IA | $5,116,993 | $1,481,771 |
Bangor Homes Non-Profit Housing Corporation Bay City, MI | $3,825,116 | $1,683,602 |
Martin Chapel Housing Corporation Fraser, MI | $1,902,979 | $1,321,649 |