Statesboro Association For Housing Inc
- Assets
- $45.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Statesboro, GA
- Founding
- 11/1983
- Data as of
- 06/2023
- EIN
- 58-1531186
Organization Overview
Statesboro Association For Housing Inc is located in Statesboro, GA. The organization was established in 1983. According to its NTEE Classification (L21) the organization is classified as: Low-Income & Subsidized Rental Housing, 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. Statesboro Association For Housing 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, Statesboro Association For Housing Inc generated $42.4k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.8%) each year. All expenses for the organization totaled $52.2k during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (3.2%) per year over the past 8 years. 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
ORGANIZATION WAS FORMED TO CONSTRUCT AND OPERATE AN APARTMENT COMPLEX OF 10 UNITS UNDER SECTION 8 OF THE NATIONAL HOUSING ACT. SUCH PROJECTS ARE REGULATED BY HUD.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sam Dipolito President | 1 | $0 | |
G Kenuee VP | 0 | $0 | |
S Fell Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $42,394 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $1 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $42,395 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $2,200 |
| Occupancy, rent, utilities, and maintenance | $9,356 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $40,646 |
| Total expenses | $52,202 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $13,616 |
| Other assets | $0 |
| Total assets | $45,496 |
| Total liabilities | $374,876 |
| Net assets or fund balances | -$329,380 |