Friendly Heights Apts Inc is located in Stanberry, MO. The organization was established in 2002. 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. Friendly Heights Apts 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 12/2020, Friendly Heights Apts Inc generated $85.9k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.9% each year. All expenses for the organization totaled $78.0k during the year ending 12/2020. While expenses have increased by 1.8% per year over the past 6 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
2020
Describe the Organization's Program Activity:
Part 3
PROVIDE LOW INCOME HOUSING
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Ruby Gregory Director | 0 | $0 | |
Marge Carroll Director | 0 | $0 | |
Bill Noble Director | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $84,385 |
Membership dues | $0 |
Investment income | $92 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $1,465 |
Total Revenue | $85,942 |
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 | $15,811 |
Occupancy, rent, utilities, and maintenance | $43,612 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $18,620 |
Total expenses | $78,043 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $87,770 |
Other assets | $0 |
Total assets | $150,096 |
Total liabilities | $421,328 |
Net assets or fund balances | -$271,232 |
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