Irwin County Resources Inc is located in Ocilla, GA. The organization was established in 1988. 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. Irwin County Resources 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 06/2024, Irwin County Resources Inc generated $62.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (3.7%) each year. All expenses for the organization totaled $68.5k during the year ending 06/2024. As we would expect to see with falling revenues, expenses have declined by (1.6%) per year over the past 9 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
2024
Describe the Organization's Program Activity:
Part 3
THIS ORGANIZATION WAS FORMED TO CONSTRUCT AND OPERATE AN APT COMPLEX OF 11 UNITS UNDER SECTION 8 OF THE NATIONAL HOUSING ACT. SUCH PROJECTS ARE REGULATED BY HUD AS TO RENT & OPER.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Joey Whitley Board Member | 1 | $0 | |
Raye Young President | 3 | $0 | |
Bruce Wilder Board Member | 0 | $0 | |
Waylon Day Board Member | 0 | $0 | |
Gina Gray Secretary | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $60,786 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $916 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $1,201 |
Total Revenue | $62,903 |
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 | $2,420 |
Occupancy, rent, utilities, and maintenance | $13,501 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $52,621 |
Total expenses | $68,542 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $155,261 |
Other assets | $0 |
Total assets | $249,597 |
Total liabilities | $272,608 |
Net assets or fund balances | -$23,011 |