Mountain View Housing Inc
- Assets
- $4.5m
- Revenue
- $790.8k
- Investments
- $0.0
- Employees
- 6
- Location
- Canton, NC
- Founding
- 11/1982
- Data as of
- 08/2022
- EIN
- 56-1216683
Organization Overview
Mountain View Housing Inc is located in Canton, NC. The organization was established in 1982. 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. As of 08/2022, Mountain View Housing Inc employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mountain View Housing 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 08/2022, Mountain View Housing Inc generated $790.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.2% each year. All expenses for the organization totaled $753.0k during the year ending 08/2022. While expenses have increased by 6.0% per year over the past 7 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE AFFORDABLE HOUSING FOR LOW INCOME, ELDERLY OR DISABLED INDIVIDUALS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE AFFORDABLE HOUSING TO 56 LOW INCOME FAMILIES AND 52 LOW INCOME ELDERLY AND DISABLED INDIVIDUALS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dedee Hall Treasurer | OfficerTrustee | 1 | $0 |
Joseph Sellers Assistant Se | OfficerTrustee | 1 | $0 |
Wallace Mcadams President | OfficerTrustee | 1 | $0 |
Alice Lowry Vice Preside | OfficerTrustee | 1 | $0 |
Rosa Williams Secretary | OfficerTrustee | 1 | $0 |
Wendy Duckett Housing Dire | Officer | 40 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $415,056 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $71,510 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $415,056 |
| Total Program Service Revenue | $375,403 |
| Investment income | $320 |
| 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 | $790,779 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $146,635 |
| Pension plan accruals and contributions | $4,154 |
| Other employee benefits | $39,542 |
| Payroll taxes | $10,465 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $951 |
| Fees for services: Accounting | $21,669 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $532 |
| Office expenses | $15,849 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $17,286 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $121,262 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $180,403 |
| Insurance | $51,976 |
| All other expenses | $9,339 |
| Total functional expenses | $753,011 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $156,873 |
| Savings and temporary cash investments | $690,052 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $1,500 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $3,672,398 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $4,520,823 |
| Accounts payable and accrued expenses | $255,933 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $3,163,903 |
| Total liabilities | $3,419,836 |
| Net assets without donor restrictions | $1,100,987 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $4,520,823 |
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Habitat For Humanity In Atlanta Inc Atlanta, GA | $81,551,003 | $20,263,546 |
Big Canoe Property Owners Association Inc And Subsidiary Big Canoe, GA | $48,180,026 | $19,159,834 |
Shelter House Inc Reston, VA | $6,743,159 | $14,877,410 |
Alexandria Housing Development Corporation Alexandria, VA | $129,711,642 | $8,689,601 |
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