Bonaparte Development Inc
- Assets
- $258.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- West Liberty, IA
- Founding
- 10/1980
- Data as of
- 10/2021
- EIN
- 42-1133331
Organization Overview
Bonaparte Development Inc is located in West Liberty, IA. The organization was established in 1980. According to its NTEE Classification (L20) the organization is classified as: Housing Development, Construction & Management, 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. Bonaparte Development 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 10/2021, Bonaparte Development Inc generated $119.1k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 9.5% each year. All expenses for the organization totaled $101.3k during the year ending 10/2021. While expenses have increased by 6.1% 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 SAFE AND AFFORDABLE HOUSING FOR VERY LOW TO MODERATE INCOME INDIVIDUALS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kathy Saltgaver Secretary/treasurer | 1 | $0 | |
Margo Elliot Director | 1 | $0 | |
Sandra Maxwell President | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $119,120 |
| Membership dues | $0 |
| Investment income | $19 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $119,139 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $101,302 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $0 |
| Total expenses | $101,302 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $34,290 |
| Other assets | $0 |
| Total assets | $258,059 |
| Total liabilities | $292,997 |
| Net assets or fund balances | -$34,938 |
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