Grenora Homes Inc
- Assets
- $193.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Grenora, ND
- Founding
- 07/1973
- Data as of
- 12/2021
- EIN
- 45-6035976
Organization Overview
Grenora Homes Inc is located in Grenora, ND. The organization was established in 1973. According to its NTEE Classification (L99) the organization is classified as: Housing & Shelter N.E.C., 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. Grenora Homes 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 12/2021, Grenora Homes Inc generated $40.4k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.8%) each year. All expenses for the organization totaled $17.9k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (11.8%) per year over the past 7 years. 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
2021
Describe the Organization's Program Activity:
Part 3
LOW INCOME HOUSING
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Karen Iverson President | 0 | $0 | |
Lacy Buechler Vice-President | 0 | $0 | |
Jennifer Mcnamara Secretary/treasurer | 0 | $0 | |
Brandee Hanson Director | 0 | $0 | |
Heather Schenstad Manager | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $40,420 |
| Total Revenue | $40,420 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $5,960 |
| Professional fees and other payments to independent contractors | $1,690 |
| Occupancy, rent, utilities, and maintenance | $10,215 |
| Printing, publications, postage, and shipping | $10 |
| Other expenses | $0 |
| Total expenses | $17,875 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $54,049 |
| Other assets | $0 |
| Total assets | $193,300 |
| Total liabilities | $10,800 |
| Net assets or fund balances | $182,500 |
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