Rock Valley Residential Housing Inc is located in Rock Valley, IA. The organization was established in 1984. According to its NTEE Classification (L24) the organization is classified as: Independent Housing for People with Disabilities, 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. Rock Valley Residential Housing Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 07/2022, Rock Valley Residential Housing Inc generated $202.3k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.1%) each year. All expenses for the organization totaled $136.5k during the year ending 07/2022. As we would expect to see with falling revenues, expenses have declined by (3.5%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
HOUSING FOR PERSONS WITH HANDICAPS
Describe the Organization's Program Activity:
Part 3 - Line 4a
LOW INCOME HOUSING UNITS
LOW INCOME HOUSING UNITS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Ron Boote President | Officer | $0 | |
Nancy Dorhout Secretary | Officer | $0 | |
Todd Visser Treasurer | Officer | $0 | |
Rev Stephen Breen Board Member | Trustee | $0 | |
Matt Buley CEO | Trustee | $0 | |
Lyle Ten Haken Vice Preside | Trustee | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $61,611 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $61,611 |
Total Program Service Revenue | $98,416 |
Investment income | $607 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $202,294 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $10,596 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $7,720 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $45,786 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $4,247 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $11,881 |
Insurance | $4,285 |
All other expenses | $0 |
Total functional expenses | $136,463 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $14,289 |
Savings and temporary cash investments | $244,294 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $89,474 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $844 |
Other assets | $0 |
Total assets | $348,901 |
Accounts payable and accrued expenses | $51,973 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $59,044 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $6,141 |
Total liabilities | $117,158 |
Net assets without donor restrictions | $231,743 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $348,901 |
Organization Name | Assets | Revenue |
---|---|---|
Rehabilitation House Inc Neenah, WI | $624,461 | $577,085 |
Nba-Gpva Accessible Housing St Louis, MO | $1,205,843 | $473,274 |
Nhhi-St Paul Barrier Free Housing Corporation New Brighton, MN | $701,285 | $410,085 |
Rcil Southeastern Minnesota Barrier Free Housing Corporation Wabasha, MN | $1,665,060 | $296,364 |
Bhw Residential Services Iii Inc Rapid City, SD | $609,206 | $190,253 |
Bhw Resiential Services Ii Inc Rapid City, SD | $508,479 | $246,647 |
Asi Brainerd Inc St Paul, MN | $788,344 | $190,767 |
Journey 21 Inc Waukesha, WI | $3,609,600 | $3,790,106 |
Swope Parkway Housing Inc Kansas City, MO | $623,841 | $115,717 |
Housing For The Handicapped Inc Lisle, IL | $113,209 | $78,065 |
Rock Valley Residential Housing Inc Rock Valley, IA | $348,901 | $202,294 |
Post College Connections Inc Mcfarland, WI | $296,601 | $0 |