Troy Mills Area Housing Development Corporation Inc
- Assets
- $276.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Troy Mills, IA
- Founding
- 08/2002
- Data as of
- 12/2022
- EIN
- 42-1496510
Organization Overview
Troy Mills Area Housing Development Corporation Inc is located in Troy Mills, IA. The organization was established in 2002. According to its NTEE Classification (L21) the organization is classified as: Low-Income & Subsidized Rental Housing, 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. Troy Mills Area Housing Development Corporation 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 12/2022, Troy Mills Area Housing Development Corporation Inc generated $38.2k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 0.0% each year. All expenses for the organization totaled $40.2k during the year ending 12/2022. While expenses have increased by 0.3% per year over the past 4 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
2022
Describe the Organization's Program Activity:
Part 3
TROY MILLS AREA HOUSING SERVED 7 INDIVIDUALS IN 2021 - PROVIDING LOW INCOME SENIOR HOUSING FOR OUR COMMUNITY HAS ALLOWED SENIORS TO STAY CLOSE TO THEIR FAMILIES AS WELL HAS HAVING AN ENVIRONMENT THAT IS EQUIPPED TO MEET THEIR NEEDS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kevin Ward President | 5 | $0 | |
Bert Aberle Vice President | 5 | $0 | |
Dawn Aberle Treasurer | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $300 |
| Total Program Service Revenue | $37,895 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $38,195 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $36,350 |
| Printing, publications, postage, and shipping | $180 |
| Other expenses | $0 |
| Total expenses | $40,230 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $2,055 |
| Other assets | $0 |
| Total assets | $276,724 |
| Total liabilities | $3,700 |
| Net assets or fund balances | $273,024 |