Prairie View Manor Inc is located in Owatonna, MN. The organization was established in 0000. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. Prairie View Manor Inc 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 12/2023, Prairie View Manor Inc generated $63.0k in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 9.1% each year. All expenses for the organization totaled $53.4k during the year ending 12/2023. While expenses have increased by 0.4% per year over the past 3 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
8 UNIT RENTAL PROPERTY RENTING TO LOW AND MODERATE INCOME ELDERLY INDIVIDUALS UNDER THE PROVISIONS OF SECTION 515 OF TITLE V OF THE HOUSING ACT OF 1949.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Larry Christianson President | 1 | $0 | |
Vernon Thompson Vice Preside | 1 | $0 | |
Roger Tangen Secretary | 1 | $0 | |
Norbert Skaren Board Member | 1 | $0 | |
Mert Root Board Member | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $62,935 |
Membership dues | $0 |
Investment income | $37 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $62,972 |
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 | $1,540 |
Occupancy, rent, utilities, and maintenance | $19,693 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $32,173 |
Total expenses | $53,406 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $26,067 |
Other assets | $0 |
Total assets | $33,567 |
Total liabilities | $240,604 |
Net assets or fund balances | -$207,037 |