Supportive Housing Inc
- Assets
- $247.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Bird Island, MN
- Founding
- 06/1997
- Data as of
- 06/2022
- EIN
- 41-1822078
Organization Overview
Supportive Housing Inc is located in Bird Island, MN. The organization was established in 1997. According to its NTEE Classification (L21) the organization is classified as: Low-Income & Subsidized Rental Housing, 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. Supportive Housing 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 06/2022, Supportive Housing Inc generated $52.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.0% each year. All expenses for the organization totaled $56.1k during the year ending 06/2022. While expenses have increased by 3.6% per year over the past 7 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 ORGRANIZATION'S PURPOSE IS TO PROVIDE AFFORDABLE HOUSING TO ELIGIBLE LOW-INCOME, PHYSICALLY HANDICAPPED TENANTS PURSUANT TO SECTION 8 OF THE US HOUSING ACT OF 1937
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jill Carlson Director | 1 | $0 | |
Amy Karlson Board Secret | 1 | $0 | |
Heather Sander Adminstrator | 1 | $0 | |
David Torgelson Director | 1 | $0 | |
Michelle Brown Vice Chairpe | 1 | $0 | |
Julie Sander Chairperson | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $52,741 |
| Membership dues | $0 |
| Investment income | $3 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $52,744 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $15,232 |
| Professional fees and other payments to independent contractors | $10,147 |
| Occupancy, rent, utilities, and maintenance | $14,217 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $16,512 |
| Total expenses | $56,108 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $24,547 |
| Other assets | $0 |
| Total assets | $247,196 |
| Total liabilities | $515,230 |
| Net assets or fund balances | -$268,034 |
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|---|---|---|
Reach For Your Potential Inc Iowa City, IA | $7,743,905 | $10,140,331 |
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Ponderosa Apartments Inc Spearfish, SD | $17,012,312 | $3,089,734 |
Beyond Shelter Inc Fargo, ND | $39,993,501 | $6,508,362 |
3700 Green Tree Corporation Milwaukee, WI | $10,160,568 | $2,809,473 |
Northport Apartments Corporation Milwaukee, WI | $3,786,211 | $1,745,178 |
Nicollet Meadows Housing Group Slayton, MN | $8,272,022 | $1,018,863 |
Jfs Housing Inc Milwaukee, WI | $5,035,559 | $1,439,082 |
Plymouth Apartments Corporation Milwaukee, WI | $4,373,782 | $1,219,366 |