Lewisburg Public Housing Inc
- Assets
- $384.6k
- Revenue
- $208.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Bloomington, IN
- Founding
- 02/1982
- Data as of
- 03/2023
- EIN
- 61-0974043
Organization Overview
Lewisburg Public Housing Inc is located in Bloomington, IN. The organization was established in 1982. 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. Lewisburg Public Housing Inc is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 03/2023, Lewisburg Public Housing Inc generated $208.4k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.5% each year. All expenses for the organization totaled $182.6k during the year ending 03/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
LOW-INCOME HOUSING
Describe the Organization's Program Activity:
Part 3 - Line 4a
EXPENSES DIRECTLY RELATE TO THE CONTINUOUS MAINTENANCE AND OPERATIONS OF ELDERLY AND DISABLED HOUSING UNITS IN LEWISBURG, KENTUCKY UNDER A CONTRACT WITH AND UNDER SPECIFIC GUIDELINES ADMINISTERED BY THE U.S. DEPARTMENT OF AGRICULTURE - RURAL DEVELOPMENT.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bryson Price President | OfficerTrustee | 1 | $0 |
Drexel Johnson Vice President | OfficerTrustee | 1 | $0 |
Loyd Houchens Vice President | OfficerTrustee | 1 | $0 |
Teresa Jessup Secretary | OfficerTrustee | 1 | $0 |
Chad Hardison Treasurer | OfficerTrustee | 1 | $0 |
Guy Lewis Kees Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $106,514 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $106,514 |
| Total Program Service Revenue | $101,555 |
| Investment income | $309 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $208,378 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $32,289 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $1,190 |
| Payroll taxes | $3,060 |
| Fees for services: Management | $16,096 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,400 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $17,427 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $47,209 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $28,281 |
| Insurance | $33,385 |
| All other expenses | $263 |
| Total functional expenses | $182,600 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $18,840 |
| Savings and temporary cash investments | $104,209 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $22,851 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $17,968 |
| Net Land, buildings, and equipment | $219,566 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,129 |
| Total assets | $384,563 |
| Accounts payable and accrued expenses | $6,722 |
| Grants payable | $0 |
| Deferred revenue | $557 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $1,002,742 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $14,550 |
| Total liabilities | $1,024,571 |
| Net assets without donor restrictions | -$640,008 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $384,563 |