Harc Iv Housing Inc is located in Birmingham, AL. The organization was established in 1992. According to its NTEE Classification (P70) the organization is classified as: Residential Care & Adult Day Programs, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Harc Iv 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 09/2021, Harc Iv Housing Inc generated $89.2k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 5.9% each year. All expenses for the organization totaled $78.2k during the year ending 09/2021. While expenses have increased by 1.5% 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
HARC IV, INC. PROVIDES LOW-INCOME HOUSING TO INTELLECTUALLY AND DEVELOPMENTALLY DISABLED CITIZENS UNDER SECTION 202 OF THE NATIONAL HOUSING ACT AS AMENDED AND REGULATED BY HUD.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jack Knight Director | 0.5 | $0 | |
John Norman Director | 0.5 | $0 | |
Chris Stewart Director | 1 | $0 | |
Stephanie Hunt Director | 0.5 | $0 | |
Bob Kracke Director | 0.5 | $0 | |
Robert Regulus Director | 0.5 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $74,670 |
Membership dues | $0 |
Investment income | $173 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $14,373 |
Total Revenue | $89,216 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $3,600 |
Professional fees and other payments to independent contractors | $5,684 |
Occupancy, rent, utilities, and maintenance | $32,499 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $36,435 |
Total expenses | $78,218 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $127,003 |
Other assets | $0 |
Total assets | $219,941 |
Total liabilities | $432,856 |
Net assets or fund balances | -$212,915 |
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