United Residential Services Inc
- Assets
- $672.4k
- Revenue
- $285.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Burlington, NC
- Founding
- 05/1983
- Data as of
- 09/2022
- EIN
- 58-1482333
Organization Overview
United Residential Services Inc is located in Burlington, NC. The organization was established in 1983. According to its NTEE Classification (L99) the organization is classified as: Housing & Shelter N.E.C., 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. United Residential Services 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 09/2022, United Residential Services Inc generated $285.5k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 5.6% each year. All expenses for the organization totaled $501.9k during the year ending 09/2022. While expenses have increased by 8.5% per year over the past 6 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION OPERATES A 40-UNIT APARTMENT COMPLEX FOR THE ELDERLY IN BURLINGTON, NORTH CAROLINA.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Eric Roberts Director | 1 | $0 | |
Beth Roberts Director | 1 | $0 | |
Rev Randy Orwig Chairman | 1 | $0 | |
Jeannette Breckenridge Assistant Secretary | 1 | $0 | |
Victor Taylor Director | 1 | $0 | |
Jesse Clanton Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $131,801 |
| Interest on Savings | $112 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$233 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $153,808 |
| Total Revenue | $285,488 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $91,470 |
| Pension plans, employee benefits | $154,263 |
| Interest | $0 |
| Taxes | $7,495 |
| Depreciation | $112,159 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $395 |
| Printing and publications | $0 |
| Other expenses | $128,012 |
| Total operating and administrative expenses | $501,882 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $501,882 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $8,849 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $597 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $1,437 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $532,536 |
| Other assets | $128,969 |
| Total assets | $672,388 |
| Accounts payable and accrued expenses | $82,080 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $99,310 |
| Total liabilities | $181,390 |
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Lutheran Home-Albemarle Inc Salisbury, NC | $5,090,743 | $9,142,249 |
Chambliss Center For Children Chattanooga, TN | $13,773,339 | $7,553,657 |
Passage Home Inc Raleigh, NC | $13,185,958 | $5,411,567 |
Covenant House Georgia Inc Atlanta, GA | $22,755,199 | $6,304,494 |
Seacliff Village Shopping Center Inc Charlotte, NC | $151,078,311 | $8,901,233 |
Mason Housing Inc Fairfax, VA | $24,839,248 | $3,905,662 |
The House Inc Woodbridge, VA | $1,787,552 | $4,341,712 |
Monroe Harding Inc Nashville, TN | $12,177,860 | $4,360,503 |
South Carolina Community Loan Fund Charleston, SC | $42,539,456 | $4,959,016 |