Central City Housing Corporation
- Assets
- $457.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Central City, IA
- Founding
- 10/1981
- Data as of
- 12/2021
- EIN
- 42-1167536
Organization Overview
Central City Housing Corporation is located in Central City, IA. The organization was established in 1981. 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. Central City Housing Corporation 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, Central City Housing Corporation generated $129.3k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.2%) each year. All expenses for the organization totaled $124.6k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (1.5%) per year over the past 7 years. 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 AND OPERATE RENTAL HOUSING UNITS AND RELATED FACILITIES SUITED TO THE SPECIAL NEEDS AND LIVING REQUIREMENTS OF ELDERLY RURAL RESIDENTS OF LOW AND MODERATE INCOME
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Maurice President | 0.1 | $0 | |
Leonard Holub Vice Preside | 0.1 | $0 | |
Bill Gericke Director | 0.1 | $0 | |
Susan Gericke Secretary | 0.1 | $0 | |
Brittany Mckenna Director | 0.1 | $0 | |
David Doc Robinson Director | 0.1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $128,975 |
| Membership dues | $0 |
| Investment income | $311 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $129,286 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $8,800 |
| Professional fees and other payments to independent contractors | $3,893 |
| Occupancy, rent, utilities, and maintenance | $39,070 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $72,865 |
| Total expenses | $124,628 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $222,527 |
| Other assets | $0 |
| Total assets | $457,914 |
| Total liabilities | $131,451 |
| Net assets or fund balances | $326,463 |
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|---|---|---|
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820 W Belle Plaine Cooperative Chicago, IL | $8,052,333 | $2,389,201 |
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Minnesota Multi Housing Assn Bloomington, MN | $1,831,730 | $2,659,160 |
Lake Holiday Property Owners Association Inc Somonauk, IL | $7,075,550 | $2,253,751 |
Carr Square Tenant Corporation Saint Louis, MO | $3,519,634 | $1,262,069 |
Platte Lake Property Owners Association Hillman, MN | $0 | $1,817,640 |
Eastern Iowa Regional Housing Corporation Dubuque, IA | $5,116,993 | $1,481,771 |
Home Builders Assn Of Des Moines Johnston, IA | $702,713 | $1,312,598 |