Dena Bank Apartments Inc
- Assets
- $339.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Columbia, SC
- Founding
- 09/1994
- Data as of
- 12/2022
- EIN
- 57-1004193
Organization Overview
Dena Bank Apartments Inc is located in Columbia, SC. The organization was established in 1994. 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. Dena Bank Apartments 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 12/2022, Dena Bank Apartments Inc generated $123.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.2% each year. All expenses for the organization totaled $132.0k during the year ending 12/2022. While expenses have increased by 1.8% 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
TO PROVIDE HOUSING AND RELATED SERVICES FOR LOW INCOME INDIVIDUALS WITH MENTAL DISABILITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Julie Plane Secretary | 1 | $0 | |
Julie Ann Avin President | 1 | $0 | |
Susan O'neal Treasurer | 1 | $0 | |
Dr Debra Hamm Chair | 1 | $0 | |
Shayla Merritt Vice Chair | 1 | $0 | |
Dr Lucy Easler Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $67,713 |
| Total Program Service Revenue | $55,425 |
| Membership dues | $0 |
| Investment income | $23 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $8 |
| Total Revenue | $123,169 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $18,752 |
| Professional fees and other payments to independent contractors | $51,843 |
| Occupancy, rent, utilities, and maintenance | $32,138 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $29,246 |
| Total expenses | $131,979 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $16,187 |
| Other assets | $0 |
| Total assets | $339,714 |
| Total liabilities | $829,904 |
| Net assets or fund balances | -$490,190 |