Uncle Sams Inc is located in Grinnell, IA. The organization was established in 1997. According to its NTEE Classification (L20) the organization is classified as: Housing Development, Construction & Management, 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. Uncle Sams Inc 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 12/2023, Uncle Sams Inc generated $67.0k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 4.1% each year. All expenses for the organization totaled $82.5k during the year ending 12/2023. While expenses have increased by 4.5% per year over the past 9 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
2023
Describe the Organization's Program Activity:
Part 3
PROVIDES VERY LOW RENTAL HOUSING FOR ELDERLY AND DISABLED THROUGH FEDERALLY SUBSIDIZED LOANS AND RENTAL ASSISTANCE. THE ORGANIZATION ACHIEVED A 77% OCCUPANCY RATE IN THE CURRENT YEAR.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Douglas Cameron President | 0.25 | $0 | |
Frank Shults Vice Preside | 0.25 | $0 | |
Kate Slater Joined 2023 Secretary/tr | 0.25 | $0 | |
Paul Kolpin Vice Preside | 0.25 | $0 | |
Doris L Hotchkin Director | 0.25 | $0 | |
Betty Ludden Director | 0.25 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $66,763 |
Membership dues | $0 |
Investment income | $247 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $67,010 |
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 | $5,221 |
Occupancy, rent, utilities, and maintenance | $60,479 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $16,757 |
Total expenses | $82,457 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $32,042 |
Other assets | $0 |
Total assets | $243,086 |
Total liabilities | $493,829 |
Net assets or fund balances | -$250,743 |