Stratton Homes Inc
- Assets
- $244.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Camden, SC
- Founding
- 08/1995
- Data as of
- 06/2022
- 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 06/2022, Stratton Homes Inc generated $83.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.7% each year. All expenses for the organization totaled $86.1k during the year ending 06/2022. While expenses have increased by 0.6% 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
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 |
|---|---|---|---|
Theodore Jackson Board Member | 0.25 | $0 | |
Jonathan Pace Board Member | 0.25 | $0 | |
Ed Stokes Board Member | 0.25 | $0 | |
Jason Kirincich Board Member | 0.25 | $0 | |
Zenobia Corley Executive Di | 1 | $0 | |
Molly Kornegay Secretary/tr | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $80,635 |
| Membership dues | $0 |
| Investment income | $63 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $2,479 |
| Total Revenue | $83,177 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $10,476 |
| Professional fees and other payments to independent contractors | $12,792 |
| Occupancy, rent, utilities, and maintenance | $25,892 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $36,925 |
| Total expenses | $86,085 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $1,290 |
| Other assets | $0 |
| Total assets | $244,248 |
| Total liabilities | $30,188 |
| Net assets or fund balances | $214,060 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Lutheran Retirement Center Salisbury Inc Salisbury, NC | $24,283,839 | $9,827,314 |
Laurel Crest Retirement Community Columbia, SC | $30,245,637 | $7,008,293 |
Church Home Rehabilitation And Healthcare Llc Perry, GA | $11,785,809 | $8,119,276 |
The Centurion Foundation Inc Atlanta, GA | $193,227,829 | $5,759,227 |
Decatur Church Of Christ Senior Housing Inc Decatur, GA | $17,263,297 | $4,161,433 |
Quality Senior Housing Foundaton Inc Atlanta, GA | $15,962,385 | $3,890,508 |
Wesley Woods Senior Living Inc Atlanta, GA | $6,214,370 | $5,013,917 |
St Annes Terrace Inc Atlanta, GA | $7,448,886 | $4,867,910 |
Carmel Hills Retirement Comm Charlotte, NC | $3,669,843 | $3,393,673 |
Lutheran Retirement Center At Lutheridge Inc Salisbury, NC | $6,554,773 | $3,058,007 |
R L C Corp Atlanta, GA | $7,461,776 | $3,473,713 |
Herman L Anderson Inc Conway, SC | $3,768,497 | $2,414,743 |