Cumberland Valley Apartments Inc is located in Burkesville, KY. The organization was established in 1988. According to its NTEE Classification (L20) the organization is classified as: Housing Development, Construction & Management, 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. Cumberland Valley 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 05/2022, Cumberland Valley Apartments Inc generated $155.0k 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 $158.1k during the year ending 05/2022. While expenses have increased by 0.9% 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
LOW INCOME HOUSING TO 20 NEEDY PERSONS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Bob Hale Sec | 0 | $0 | |
Doug Butler Pres | 0 | $0 | |
Raymond Castillo Dir | 0 | $0 | |
Mike Mosby Dir | 0 | $0 | |
Beth Cash Dir | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $155,027 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $155,027 |
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 | $0 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $158,120 |
Total expenses | $158,120 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $29,089 |
Other assets | $0 |
Total assets | $278,455 |
Total liabilities | $116,023 |
Net assets or fund balances | $162,432 |
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