Montrose Community Housing Inc
- Assets
- $198.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Montrose, MO
- Founding
- 09/1984
- Data as of
- 12/2023
- EIN
- 43-1227016
Organization Overview
Montrose Community Housing Inc is located in Montrose, MO. The organization was established in 1984. According to its NTEE Classification (L20) the organization is classified as: Housing Development, Construction & Management, 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. Montrose Community Housing Inc 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 12/2023, Montrose Community Housing Inc generated $116.6k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 1.1% each year. All expenses for the organization totaled $114.0k during the year ending 12/2023. While expenses have increased by 2.8% per year over the past 5 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
2023
Describe the Organization's Program Activity:
Part 3
LOW INCOME HOUSING PROVIDED TO 31 TENANTS. UTILITIES INCLUDED WITH MONTHLY RENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marquerite Hankins Director | 0 | $0 | |
Ron Gragg President | 2 | $0 | |
Susan Cummings Vice-President | 1 | $0 | |
Patty Kalwei Secretarymanager | 10 | $6,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $110,729 |
| Membership dues | $0 |
| Investment income | $116 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $5,525 |
| Total Revenue | $116,587 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $8,304 |
| Professional fees and other payments to independent contractors | $4,229 |
| Occupancy, rent, utilities, and maintenance | $92,731 |
| Printing, publications, postage, and shipping | $1,794 |
| Other expenses | $6,963 |
| Total expenses | $114,021 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $32,154 |
| Other assets | $0 |
| Total assets | $198,574 |
| Total liabilities | $0 |
| Net assets or fund balances | $198,574 |