Citizens Inc Of Van Horne is located in Mechanicsville, IA. The organization was established in 1973. According to its NTEE Classification (L50) the organization is classified as: Homeowners & Tenants Associations, 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. Citizens Inc Of Van Horne 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, Citizens Inc Of Van Horne generated $149.4k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 3.0% each year. All expenses for the organization totaled $157.6k during the year ending 12/2023. While expenses have increased by 1.5% 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
25 UNIT FEDERALLY SUBSIDIZED LOW INCOME HOUSING PROJECT FOR ELDERLY. THE PROJECT WAS 93% OCCUPIED DURING THE YEAR.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Barb Barr President | 1 | $0 | |
Lou Albers Vice Preside | 1 | $0 | |
Janet Knaack Secretary | 1 | $0 | |
Robert Pickering Director | 1 | $0 | |
Nick Strellner Director | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $149,274 |
Membership dues | $0 |
Investment income | $117 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $149,391 |
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 | $25,655 |
Occupancy, rent, utilities, and maintenance | $74,056 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $57,851 |
Total expenses | $157,562 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $49,720 |
Other assets | $0 |
Total assets | $365,586 |
Total liabilities | $267,077 |
Net assets or fund balances | $98,509 |