Browning Housing Corporation
- Assets
- $209.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Browning, MO
- Founding
- 06/1985
- Data as of
- 12/2022
- EIN
- 51-0168142
Organization Overview
Browning Housing Corporation is located in Browning, MO. The organization was established in 1985. 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. Browning Housing Corporation 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 12/2022, Browning Housing Corporation generated $36.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (3.6%) each year. All expenses for the organization totaled $49.4k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (2.6%) per year over the past 8 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
2022
Describe the Organization's Program Activity:
Part 3
TO PROVIDE LOW RENTAL HOUSING FOR SENIOR CITIZENS AND LOW INCOME INDIVIDUALS. THERE ARE 12 UNITS WHICH MAY BE OCCUPIED BY ONE OR TWO PERSONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dean Spencer President | 1 | $0 | |
Robert Wood Vice President | 1 | $0 | |
Angel Oder Treasurersecretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $36,532 |
| Membership dues | $0 |
| Investment income | $57 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $36,589 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $8,183 |
| Professional fees and other payments to independent contractors | $3,100 |
| Occupancy, rent, utilities, and maintenance | $21,263 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $16,807 |
| Total expenses | $49,353 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $27,042 |
| Other assets | $0 |
| Total assets | $209,751 |
| Total liabilities | $30,151 |
| Net assets or fund balances | $179,600 |