Douglas County Ventures Inc is located in Austell, GA. The organization was established in 1985. 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. Douglas County Ventures 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, Douglas County Ventures Inc generated $85.8k in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (0.4%) each year. All expenses for the organization totaled $117.8k during the year ending 06/2022. 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
HUD PROGRAM TO OPERATE AND MAINTAIN GROUP HOMES FOR THE BENEFIT OF THE MENTALLY CHALLENGED. HUD REGULATES THE RENTAL CHARGES.
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $85,798 |
Membership dues | $0 |
Investment income | $5 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $85,803 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $26,552 |
Professional fees and other payments to independent contractors | $21,023 |
Occupancy, rent, utilities, and maintenance | $50,527 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $19,679 |
Total expenses | $117,781 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $3,239 |
Other assets | $0 |
Total assets | $74,289 |
Total liabilities | $233,416 |
Net assets or fund balances | -$159,127 |
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