Reinbeck Community Homes Inc
- Assets
- $126.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Algona, IA
- Founding
- 06/1981
- Data as of
- 12/2021
- EIN
- 42-1122830
Organization Overview
Reinbeck Community Homes Inc is located in Algona, IA. The organization was established in 1981. According to its NTEE Classification (S99) the organization is classified as: Community Improvement & Capacity Building N.E.C., under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Reinbeck Community Homes 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, Reinbeck Community Homes Inc generated $87.0k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.3%) each year. All expenses for the organization totaled $101.6k 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
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 REINBECK.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sandi Rannfeldt President | 0 | $0 | |
Diane Stephan Secretary/treasurer | 0 | $0 | |
Jan Ehrig Vice President | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $84,180 |
| Membership dues | $0 |
| Investment income | $4 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $2,827 |
| Total Revenue | $87,011 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $3,986 |
| Professional fees and other payments to independent contractors | $12,396 |
| Occupancy, rent, utilities, and maintenance | $53,965 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $31,264 |
| Total expenses | $101,611 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $28,913 |
| Other assets | $0 |
| Total assets | $126,778 |
| Total liabilities | $45,895 |
| Net assets or fund balances | $80,883 |
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