Leisure Homes Of Le Grand Inc
- Assets
- $212.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Algona, IA
- Founding
- 02/1979
- Data as of
- 12/2021
- EIN
- 42-1097324
Organization Overview
Leisure Homes Of Le Grand Inc is located in Algona, IA. The organization was established in 1979. According to its NTEE Classification (Y42) the organization is classified as: Domestic Fraternal Societies, under the broad grouping of Mutual & Membership Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Leisure Homes Of Le Grand 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, Leisure Homes Of Le Grand Inc generated $141.6k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.1% each year. All expenses for the organization totaled $102.2k during the year ending 12/2021. While expenses have increased by 1.3% 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
2021
Describe the Organization's Program Activity:
Part 3
TO PROVIDE LOW RENT HOUSING FOR THE ELDERLY, DISABLED, AND FAMILIES. RENT IS BASED ON 30% OF THE APPLICANT'S YEARLY INCOME WITH THE REMAINDER SUBSIDIZED BY USDA/RURAL DEVELOPMENT. THIS ORGANIZATION MADE IT POSSIBLE FOR 20 FAMILIES TO FIND SAFE AND AFFORDABLE HOUSING IN LEGRAND.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Linda Weitzell President | 0 | $0 | |
Bob Vokoun Vice President | 0 | $0 | |
Steve Ryan Secretary/treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $139,622 |
| Membership dues | $0 |
| Investment income | $30 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $1,905 |
| Total Revenue | $141,557 |
| 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 | $13,234 |
| Occupancy, rent, utilities, and maintenance | $70,405 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $18,535 |
| Total expenses | $102,174 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $145,009 |
| Other assets | $0 |
| Total assets | $212,162 |
| Total liabilities | $79,019 |
| Net assets or fund balances | $133,143 |
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