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 12/2022, Laona Non Profit Housing Corporation generated $42.2k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 0.0% each year. All expenses for the organization totaled $38.4k during the year ending 12/2022. While expenses have increased by 0.5% per year over the past 4 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
2022
Describe the Organization's Program Activity:
Part 3
OPERATE TWO LOW INCOME HOUSING PROJECTS IN TWO BUILDINGS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Ward Leach President | 4 | $0 | |
Kevin Kramer Member | 4 | $0 | |
Kevin Koepke Member | 4 | $0 | |
Dick Popp Member | 4 | $0 | |
Ken Winkleman VP | 4 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $41,491 |
Membership dues | $0 |
Investment income | $11 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $710 |
Total Revenue | $42,212 |
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 | $5,460 |
Occupancy, rent, utilities, and maintenance | $15,887 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $9,995 |
Total expenses | $38,362 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $20,503 |
Other assets | $0 |
Total assets | $40,610 |
Total liabilities | $3,798 |
Net assets or fund balances | $36,812 |