Quality Life Inc

Organization Overview

Quality Life Inc is located in Maquoketa, IA. The organization was established in 1995. According to its NTEE Classification (P73) the organization is classified as: Group Homes, 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. Quality Life 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, Quality Life Inc generated $64.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.4% each year. All expenses for the organization totaled $82.4k during the year ending 06/2022. While expenses have increased by 2.5% 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.

Mission & Program ActivityExcerpts From the 990EZ Filing

TAX YEAR

2022

Describe the Organization's Program Activity:

Part 3

QUALITY LIFE INC. IS A 16-UNIT APARTMENT PROJECT LOCATED IN STORM LAKE, IOWA. THE PROJECT WAS PARTIALLY BUILT WITH FUNDS PROVIDED BY THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT AND IS MANAGED BY IMAGINE THE POSSIBILITIES, A NON-PROFIT HUMAN SERVICES AGENCY OPERATING IN IOWA. SUBSTANTIALLY ALL OF THE ORGANIZATION'S INCOME IS DERIVED FROM THE RENTAL OF ITS APARTMENT UNITS. THE ORGANIZATION HAS ENTERED INTO HOUSING ASSISTANCE PAYMENT CONTRACTS WITH THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT (HUD) ON BEHALF OF QUALIFIED TENANTS.


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Board, Officers & Key Employees

Name (title)Compensation
Beth Schutterle
Chairperson
$0
Jess Smith
Vice Chair
$0
John Franzen
Secretary
$0
Bernadine Paul
Treasurer
$0
John Theisen
Director
$0
Michael Ruden
Director
$0

Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$64,122
Membership dues$0
Investment income $9
Gain or Loss$0
Net Income from Gaming & Fundraising$0
Other Revenue$0
Total Revenue$64,131

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