Carroll County Housing Development
- Assets
- $951.6k
- Revenue
- $273.9k
- Investments
- $0.0
- Employees
- 2
- Location
- Carrollton, MO
- Founding
- 06/1981
- Data as of
- 12/2022
- EIN
- 43-1178521
Organization Overview
Carroll County Housing Development is located in Carrollton, MO. The organization was established in 1981. 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. As of 12/2022, Carroll County Housing Development employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Carroll County Housing Development 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 12/2022, Carroll County Housing Development generated $273.9k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 13.5% each year . All expenses for the organization totaled $114.8k during the year ending 12/2022. While expenses have increased by 1.3% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE LOW INCOME SENIOR CITIZENS RENTAL HOUSING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE SENIOR CITIZENS LOW INCOME HOUSING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Angee Germann Board Member | Trustee | 8 | $3,000 |
Mike Rice President | OfficerTrustee | 3 | $0 |
James Paul Vice Preside | OfficerTrustee | 0.5 | $0 |
Wanda Wilson Sec/treasure | OfficerTrustee | 2 | $0 |
Patsi Miller Board Member | Trustee | 0.5 | $0 |
John Stewart Board Member | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $162,651 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $162,651 |
| Total Program Service Revenue | $108,487 |
| Investment income | $101 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $273,898 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $6,015 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $528 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,597 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $365 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $58,506 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $2,035 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $20,016 |
| Insurance | $12,723 |
| All other expenses | $0 |
| Total functional expenses | $114,847 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $7,015 |
| Savings and temporary cash investments | $229,630 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $119 |
| Net Land, buildings, and equipment | $714,867 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $951,631 |
| Accounts payable and accrued expenses | $4,461 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $387,978 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $8,502 |
| Total liabilities | $400,941 |
| Net assets without donor restrictions | $329,215 |
| Net assets with donor restrictions | $221,475 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $951,631 |