Supportive Housing Inc
- Assets
- $220.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Bird Island, MN
- Founding
- 06/1997
- Data as of
- 06/2024
- 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 06/2024, Supportive Housing Inc generated $54.0k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 3.4% each year. All expenses for the organization totaled $57.6k during the year ending 06/2024. While expenses have increased by 3.1% 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
2024
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 |
|---|---|---|---|
Julie Sander Presidentcha | 0.5 | $0 | |
Michelle Brown Prior V. Cha | 0.5 | $0 | |
Amy Karlson Board Secret | 0.5 | $0 | |
Jill Carlson Director | 0.5 | $0 | |
Heather Sander Adminstrator | 0.5 | $0 | |
Patty Sanger Director | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $54,043 |
| Membership dues | $0 |
| Investment income | $2 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $54,045 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $22,800 |
| Professional fees and other payments to independent contractors | $12,725 |
| Occupancy, rent, utilities, and maintenance | $17,797 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $4,272 |
| Total expenses | $57,594 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $14,060 |
| Other assets | $0 |
| Total assets | $220,320 |
| Total liabilities | $516,009 |
| Net assets or fund balances | -$295,689 |