Finley Housing Corporation
- Assets
- $453.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Finley, ND
- Founding
- 03/1968
- Data as of
- 12/2022
- EIN
- 45-6017038
Organization Overview
Finley Housing Corporation is located in Finley, ND. The organization was established in 1968. According to its NTEE Classification (L50) the organization is classified as: Homeowners & Tenants Associations, 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. Finley Housing Corporation 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, Finley Housing Corporation generated $102.8k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.7% each year. All expenses for the organization totaled $93.9k during the year ending 12/2022. While expenses have increased by 0.4% per year over the past 8 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
RENTAL OF LOW INCOME HOUSING UNITS- 18 UNITS WERE RENTEDOUT DURING THE YEAR TO PROVIDE LOW INCOME HOUSING TOQUALIFYING INDIVIDUALS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mike Kvislen President | 0.25 | $0 | |
Warren Archer Vice President | 0.25 | $0 | |
Jennifer Knight Director | 0.25 | $0 | |
Rodney Walcker Director | 0.25 | $0 | |
Orrin Johnson Director | 0.25 | $0 | |
Reggie Lafromboise Manager | 30 | $22,420 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $76 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $102,705 |
| Total Revenue | $102,781 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $22,420 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $42,590 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $28,918 |
| Total expenses | $93,928 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $149,210 |
| Other assets | $0 |
| Total assets | $453,220 |
| Total liabilities | $382,812 |
| Net assets or fund balances | $70,408 |