Mt Zion Redevelopment Corp
- Assets
- $240.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Milwaukee, WI
- Founding
- 06/1993
- Data as of
- 12/2022
- EIN
- 39-1738782
Organization Overview
Mt Zion Redevelopment Corp is located in Milwaukee, WI. The organization was established in 1993. According to its NTEE Classification (L25) the organization is classified as: Housing Rehabilitation, 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. Mt Zion Redevelopment Corp 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 12/2022, Mt Zion Redevelopment Corp generated $89.5k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.1% each year. All expenses for the organization totaled $91.5k during the year ending 12/2022. While expenses have increased by 3.3% 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
THE ATLAS APARTMENT BUILDING PROVIDES AFFORDABLE HOUSING TO LOW AND MIDDLE-INCOME FAMILIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jim Hamberlin President | 1 | $0 | |
David Moore Vice President | 1 | $0 | |
Hope Neely Treasurer | 1 | $0 | |
Deshea Agee Board Member | 1 | $0 | |
Sharlie Mccain Secretary | 1 | $0 | |
Jackie Christian Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $89,475 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $89,475 |
| 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 | $4,000 |
| Occupancy, rent, utilities, and maintenance | $66,276 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $21,195 |
| Total expenses | $91,471 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $12,609 |
| Other assets | $0 |
| Total assets | $240,921 |
| Total liabilities | $55,657 |
| Net assets or fund balances | $185,264 |