Laurel Leisure Home is located in Algona, IA. The organization was established in 1995. According to its NTEE Classification (L99) the organization is classified as: Housing & Shelter N.E.C., 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. Laurel Leisure Home 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, Laurel Leisure Home generated $97.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.0% each year. All expenses for the organization totaled $102.2k during the year ending 12/2021. While expenses have increased by 5.7% per year over the past 7 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
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 14 FAMILIES TO FIND SAFE AND AFFORDABLE HOUSING IN LAUREL.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Lucille Buffington Vice President | 0 | $0 | |
Betty Coulthard Secretary/treasurer | 0 | $0 | |
Ladonna Runner President | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $95,244 |
Membership dues | $0 |
Investment income | $17 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $2,508 |
Total Revenue | $97,769 |
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 | $8,878 |
Occupancy, rent, utilities, and maintenance | $62,686 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $30,658 |
Total expenses | $102,222 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $36,683 |
Other assets | $0 |
Total assets | $289,201 |
Total liabilities | $40,996 |
Net assets or fund balances | $248,205 |
Organization Name | Assets | Revenue |
---|---|---|
The Arlington Of Naples Arlington Heights, IL | $121,796,918 | $23,712,777 |
Achievement Unlimited Inc Galesburg, IL | $34,667,403 | $31,696,526 |
Ctf Illinois Orland Park, IL | $14,323,596 | $25,057,116 |
Center For Housing And Health Chicago, IL | $3,048,076 | $18,275,784 |
Cedar Falls Lutheran Home Cedar Falls, IA | $37,181,426 | $19,916,708 |
Covenant Home Services Skokie, IL | $4,392,429 | $19,945,010 |
Latino Economic Development Center Saint Paul, MN | $11,641,082 | $19,528,644 |
Madonna Towers Of Rochester Inc Minneapolis, MN | $26,340,928 | $16,247,801 |
Hearth Connection Saint Paul, MN | $2,283,440 | $14,314,767 |
King-Bruwaert House Burr Ridge, IL | $65,181,853 | $13,001,524 |
Housing Forward Maywood, IL | $3,739,938 | $13,235,796 |
Midwest Housing Equity Group Inc Omaha, NE | $59,910,097 | $16,662,008 |