Valley Residential Inc
- Assets
- $304.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Rock Valley, IA
- Founding
- 06/1996
- Data as of
- 06/2022
- EIN
- 42-1362098
Organization Overview
Valley Residential Inc is located in Rock Valley, IA. The organization was established in 1996. According to its NTEE Classification (P80) the organization is classified as: Centers to Support the Independence of Specific Populations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Valley Residential 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 06/2022, Valley Residential Inc generated $80.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.7% each year. All expenses for the organization totaled $78.4k during the year ending 06/2022. While expenses have increased by 1.2% 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ron Boote President | 0.5 | $0 | |
Todd Visser Treasurer | 0.5 | $0 | |
Nancy Dorhout Secretary | 0.5 | $0 | |
Rev Stephen Breen Director | 0.5 | $0 | |
Matt Buley CEO | 0.5 | $0 | |
Lyle Ten Haken Director | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $56,000 |
| Membership dues | $0 |
| Investment income | $44 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $24,761 |
| Total Revenue | $80,805 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $1,620 |
| Professional fees and other payments to independent contractors | $6,084 |
| Occupancy, rent, utilities, and maintenance | $17,072 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $53,654 |
| Total expenses | $78,430 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $81,554 |
| Other assets | $0 |
| Total assets | $304,300 |
| Total liabilities | $25,319 |
| Net assets or fund balances | $278,981 |
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