Stratton Homes Inc
- Assets
- $294.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Camden, SC
- Founding
- 08/1995
- Data as of
- 06/2023
- EIN
- 57-1027586
Organization Overview
Stratton Homes Inc is located in Camden, SC. The organization was established in 1995. According to its NTEE Classification (L22) the organization is classified as: Senior Citizens Housing & Retirement Communities, 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. Stratton Homes 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 06/2023, Stratton Homes Inc generated $92.2k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.6% each year. All expenses for the organization totaled $100.1k during the year ending 06/2023. While expenses have increased by 2.4% per year over the past 8 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
2023
Describe the Organization's Program Activity:
Part 3
OPERATE AND MAINTAIN TWO RESIDENTIAL GROUP HOMES FOR INDIVIDUALS IN KERSHAW COUNTY WITH INTELLECTUAL AND DEVELOPMENTAL DISABILITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sherry Larson Vice Chairpe | 0.25 | $0 | |
Molly Kornegay Secretary/tr | 0.25 | $0 | |
Edwin Stokes Board Member | 0.25 | $0 | |
Jonathan Pace Board Member | 0.25 | $0 | |
Paul Joseph Board Member | 0.25 | $0 | |
Jason Kirincich Board Member | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $91,909 |
| Membership dues | $0 |
| Investment income | $261 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $92,170 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $11,938 |
| Professional fees and other payments to independent contractors | $9,742 |
| Occupancy, rent, utilities, and maintenance | $51,575 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $26,884 |
| Total expenses | $100,139 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $14,250 |
| Other assets | $0 |
| Total assets | $294,902 |
| Total liabilities | $88,811 |
| Net assets or fund balances | $206,091 |