Alcester Village Inc

Organization Overview

Alcester Village Inc is located in Alcester, SD. The organization was established in 2001. According to its NTEE Classification (L22) the organization is classified as: Senior Citizens Housing & Retirement Communities, 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. Alcester Village 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 06/2022, Alcester Village Inc generated $169.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (9.6%) each year. All expenses for the organization totaled $213.0k during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE AFFORDABLE HOUSING TO THE RURAL COMMUNITY OF ALCESTER, SD

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDE AFFORDABLE HOUSING TO THE ELDERLY AND THE LOW INCOME PERSONS.


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Board, Officers & Key Employees

Name (title)Compensation
Cheryl Johnson
President
$0
Delila Webster
Board Member
$0
Deb Hughes
Board Member
$0
Dennis Jones
Board Member
$0
Gary Mckellips
Board Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
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$0
Total Program Service Revenue$168,010
Investment income $154
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 $169,753

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Alcester Village Inc has recieved totaling $125,000.

Awarding OrganizationAmount
Morningside Manor

Alcester, SD

PURPOSE: FOR IMPROVEMENT OF FACILITY

$125,000
View Grant Recipient Profile

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