Verdigre Development Corp
- Assets
- $277.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Verdigre, NE
- Founding
- 09/1990
- Data as of
- 12/2022
- EIN
- 47-0532943
Organization Overview
Verdigre Development Corp is located in Verdigre, NE. The organization was established in 1990. 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. Verdigre Development Corp 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, Verdigre Development Corp generated $171.6k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 15.0% each year . All expenses for the organization totaled $172.1k during the year ending 12/2022. While expenses have increased by 16.1% per year over the past 4 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
LOW INCOME AFFORDABLE HOUSING
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Chris Schreier President | 5 | $0 | |
Ruth Frank Secretary | 1 | $0 | |
Linda Jedlicka Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $171,571 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $171,571 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $172,055 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $0 |
| Total expenses | $172,055 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $29,623 |
| Other assets | $0 |
| Total assets | $277,923 |
| Total liabilities | $193,518 |
| Net assets or fund balances | $84,405 |