Ollie Community Retirement Corp is located in North English, IA. The organization was established in 0000. According to its NTEE Classification (L22) the organization is classified as: Senior Citizens Housing & Retirement Communities, 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. Ollie Community Retirement Corp 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, Ollie Community Retirement Corp generated $56.8k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 3.6% each year. All expenses for the organization totaled $62.2k during the year ending 12/2021. While expenses have increased by 4.1% per year over the past 6 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
PROVIDE 12 UNITS HOUSING TO LOW INCOME PERSONS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Dave Gentry President | 0 | $0 | |
Jim Wonderlich Director | 0 | $0 | |
Kathy Heisdorffer Secretary | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $56,737 |
Membership dues | $0 |
Investment income | $77 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $56,814 |
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 | $8,022 |
Occupancy, rent, utilities, and maintenance | $26,588 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $27,583 |
Total expenses | $62,193 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $93,488 |
Other assets | $0 |
Total assets | $184,494 |
Total liabilities | $125,911 |
Net assets or fund balances | $58,583 |
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