Valley Residential Inc
- Assets
- $287.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Rock Valley, IA
- Founding
- 06/1996
- Data as of
- 06/2023
- 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 06/2023, Valley Residential Inc generated $59.5k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.4%) each year. All expenses for the organization totaled $80.3k during the year ending 06/2023. 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 | $0 | |
Nancy Dorhout Secretary | 0 | $0 | |
Todd Visser Treasurer | 0 | $0 | |
Rev Stephen Breen Director | 0 | $0 | |
Matt Buley CEO | 0 | $0 | |
Lyle Ten Haken Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $58,230 |
| Membership dues | $0 |
| Investment income | $426 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $879 |
| Total Revenue | $59,535 |
| 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 | $6,280 |
| Occupancy, rent, utilities, and maintenance | $17,756 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $54,622 |
| Total expenses | $80,278 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $77,448 |
| Other assets | $0 |
| Total assets | $287,476 |
| Total liabilities | $29,238 |
| Net assets or fund balances | $258,238 |