Mishicot Housing Corporation is located in Mishicot, WI. The organization was established in 1976. 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. Mishicot 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, Mishicot Housing Corporation generated $140.5k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.9% each year. All expenses for the organization totaled $123.3k during the year ending 12/2022. While expenses have increased by 3.1% per year over the past 8 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
OWN AND OPERATE 32 UNIT APARTMENT COMMUNITY LOCATED IN MISHICOT, WI. TENANT RENTS ARE SUBSIDIZED BY USDA RURAL DEVELOPEMENT.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
George Krause Jr Vice President | 1 | $0 | |
Gale Kronforst Treasurer | 1 | $0 | |
Kenneth Beine Secretary | 1 | $0 | |
Dale Coenen President | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $140,286 |
Membership dues | $0 |
Investment income | $173 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $140,459 |
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 | $21,065 |
Occupancy, rent, utilities, and maintenance | $95,680 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $6,550 |
Total expenses | $123,295 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $81,212 |
Other assets | $0 |
Total assets | $366,449 |
Total liabilities | $221,827 |
Net assets or fund balances | $144,622 |
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