Estate Apartments Inc is located in Saint Peter, MN. The organization was established in 1964. According to its NTEE Classification (L99) the organization is classified as: Housing & Shelter N.E.C., 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. Estate Apartments 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 12/2021, Estate Apartments Inc generated $77.0k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.5% each year. All expenses for the organization totaled $78.0k during the year ending 12/2021. 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
2021
Describe the Organization's Program Activity:
Part 3
THISAPARTMENTBUILDINGEXISTSTOPROVIDE20SMALL,WELLMAINTAINEDAPARTMENTSFORLOWINCOMESENIORSANDYOUNGERADULTSWITHDISABILITIES.ITISRENTALONLYANDNOSERVICESAREPROVIDEDFROMTHECORPORATION.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Judy Schultz Manager | 20 | $6,000 | |
Barry Wood Board President | 3 | $0 | |
Cathy Carlson Treasurer | 2 | $0 | |
Sandi Francis Board Member | 1 | $0 | |
Don Glimsdal Board Member | 1 | $0 | |
Marc Bachman Board Member | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $75,355 |
Membership dues | $0 |
Investment income | $53 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $1,607 |
Total Revenue | $77,015 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $10,340 |
Professional fees and other payments to independent contractors | $10,264 |
Occupancy, rent, utilities, and maintenance | $33,936 |
Printing, publications, postage, and shipping | $70 |
Other expenses | $23,365 |
Total expenses | $77,975 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $24,802 |
Other assets | $0 |
Total assets | $207,903 |
Total liabilities | $7,103 |
Net assets or fund balances | $200,800 |
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