River Heights Apartments Inc
- Assets
- $292.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Jackson, MS
- Founding
- 09/1993
- Data as of
- 11/2022
- EIN
- 58-2058827
Organization Overview
River Heights Apartments Inc is located in Jackson, MS. The organization was established in 1993. According to its NTEE Classification (L24) the organization is classified as: Independent Housing for People with Disabilities, 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. River Heights Apartments 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 11/2022, River Heights Apartments Inc generated $66.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.5% each year. All expenses for the organization totaled $80.8k during the year ending 11/2022. While expenses have increased by 0.8% per year over the past 7 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
2022
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION PROVIDES A 15-UNIT APARTMENT FACILITY FOR THE CHRONICALLY MENTALLY ILL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Clay Terrell Secretary/treasurer | 1 | $0 | |
Thomas L Bud Phillips President | 1 | $0 | |
Kathy Justice Hunter Director | 1 | $0 | |
Jerome Miller Director | 1 | $0 | |
Rufus Ward Director | 1 | $0 | |
Terry Stacy Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $63,467 |
| Membership dues | $0 |
| Investment income | $6 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $2,744 |
| Total Revenue | $66,217 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $4,694 |
| Professional fees and other payments to independent contractors | $8,900 |
| Occupancy, rent, utilities, and maintenance | $41,826 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $25,427 |
| Total expenses | $80,847 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $3,752 |
| Other assets | $0 |
| Total assets | $292,535 |
| Total liabilities | $30,834 |
| Net assets or fund balances | $261,701 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Eagles Nest Transistional Living Inc Old Hickory, TN | $198,374 | $616,396 |
Northeast Mental Health Housing Inc Memphis, TN | $313,941 | $259,341 |
Shelby Oaks Housing Inc Memphis, TN | $348,849 | $205,780 |
Wesley Murray Meadow Inc Cordova, TN | $1,901,336 | $188,712 |
Genesco Long Term Disability Income Protection Plan Nashville, TN | $1,861,213 | $450,907 |
Louisiana Disabled Persons Housing Corporation Shreveport, LA | $391,861 | $300,303 |
Beacon Harbor It Inc Greenwood, MS | $193,850 | $159,596 |
Northeast Housing Inc Memphis, TN | $586,268 | $363,265 |
Valley Housing Inc Russellville, AR | $237,602 | $0 |
Hope Haven Inc Kingston, TN | $1,376,662 | $134,474 |
River Heights Apartments Inc Jackson, MS | $292,535 | $0 |
Rds Housing Development Corporation No 1 Oak Ridge, TN | $113,259 | $0 |