Grand Strand Housing Inc
- Assets
- $818.3k
- Revenue
- $372.6k
- Investments
- $0.0
- Employees
- 1
- Location
- Myrtle Beach, SC
- Founding
- 06/1994
- Data as of
- 06/2021
- EIN
- 57-0922765
Organization Overview
Grand Strand Housing Inc is located in Myrtle Beach, SC. The organization was established in 1994. According to its NTEE Classification (Y42) the organization is classified as: Domestic Fraternal Societies, under the broad grouping of Mutual & Membership Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Grand Strand Housing Inc 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 06/2021, Grand Strand Housing Inc generated $372.6k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.1% each year. All expenses for the organization totaled $132.5k during the year ending 06/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO FACILITATE AND OR UNDERTAKE THE DEVELOPMENT OF AFFORDABLE HOUSING IN THE GRAND STRAND AREA, TO INCLUDE HORRY, GEORGETOWN & WILLIAMSBURG COUNTIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DEVELOPMENT OF LOW INCOME HOUSING; PROMOTING AND MANAGING THE DEVELOPMENT OF LOW INCOME HOUSING
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kari Dettmer Executive Director | 40 | $47,500 | |
Greg Mcevoy Vice Chairman | Trustee | 2 | $0 |
John Stack Chairman | Trustee | 2 | $0 |
Mary Catherine Hyman Director | Trustee | 1 | $0 |
Carolyn Jackson Director | Trustee | 0.5 | $0 |
Johnny Brown Treasuer | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $302,259 |
| All other contributions, gifts, grants, and similar amounts not included above | $307 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $302,566 |
| Total Program Service Revenue | $32,086 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $37,957 |
| 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 | $372,609 |
| 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. | $47,500 |
| Compensation of current officers, directors, key employees. | $11,875 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $3,235 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $3,653 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $1,682 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $17,381 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $18,653 |
| Insurance | $2,102 |
| All other expenses | $0 |
| Total functional expenses | $132,483 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | -$995 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $524,669 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $294,638 |
| Total assets | $818,312 |
| Accounts payable and accrued expenses | $30,019 |
| 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 | $236,816 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $6,260 |
| Total liabilities | $273,095 |
| Net assets without donor restrictions | $545,217 |
| 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 | $818,312 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Grand Boule Of The Sigma Pi Phi Fraternity Group Return Atlanta, GA | $9,949,734 | $8,607,206 |
Ancient Free & Accepted Masons Of North Carolina Raleigh, NC | $44,515,601 | $8,678,233 |
Shriners International Atlanta, GA | $11,582,614 | $4,459,948 |
Oasis Shriners Charlotte, NC | $4,582,189 | $2,116,133 |
Grand Boule Of The Sigma Pi Phi Fraternity Atlanta, GA | $4,330,483 | $3,084,702 |
Morningside Masonic Temple Corporation Atlanta, GA | $0 | $704,676 |
Oasis Shriners Group Return Charlotte, NC | $3,894,865 | $1,315,619 |
Kappa Epsilon Psi Military Sorority Inc Decatur, GA | $679,272 | $784,023 |
Free & Accepted Masons Of Georgia Macon, GA | $4,986,267 | $1,882,769 |
Shriners International Savannah, GA | $2,051,786 | $1,185,034 |
Ancient Free & Accepted Masons Of North Carolina Grand Lodge Raleigh, NC | $6,023,523 | $1,136,029 |
Hejaz Shriners Group Return Greenville, SC | $3,238,777 | $1,053,114 |