Henry Development Corporation
- Assets
- $103.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Arlington, SD
- Founding
- 11/1974
- Data as of
- 12/2023
- EIN
- 46-6037533
Organization Overview
Henry Development Corporation is located in Arlington, SD. The organization was established in 1974. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Henry Development Corporation is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2023, Henry Development Corporation generated $36.9k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.2% each year. All expenses for the organization totaled $35.9k during the year ending 12/2023. While expenses have increased by 1.7% 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
2023
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION OPERATES RENTAL HOUSING AND RELATED FACILITIES SUITED TO THE SPECIAL NEEDS AND LIVING REQUIREMENT OF ELIGIBLE OCCUPANTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Fain Geiger President | 1 | $0 | |
Sarah Steffensen Manager | 10 | $7,570 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $36,813 |
| Membership dues | $0 |
| Investment income | $128 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $36,941 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $7,570 |
| Professional fees and other payments to independent contractors | $458 |
| Occupancy, rent, utilities, and maintenance | $20,338 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $7,573 |
| Total expenses | $35,939 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $35,508 |
| Other assets | $0 |
| Total assets | $103,942 |
| Total liabilities | $14,704 |
| Net assets or fund balances | $89,238 |