South Fork Housing Inc
- Assets
- $227.7k
- Revenue
- $73.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Booneville, KY
- Founding
- 04/1999
- Data as of
- 12/2020
- EIN
- 61-1334586
Organization Overview
South Fork Housing Inc is located in Booneville, KY. The organization was established in 1999. 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. South Fork 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 12/2020, South Fork Housing Inc generated $73.8k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 21.1% each year . All expenses for the organization totaled $72.0k during the year ending 12/2020. While expenses have increased by 16.0% 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dale Bishop Chairperson | 1 | $0 | |
Amy Murray Secretary | 1 | $0 | |
Cale Turner Vice Chairperson | 1 | $0 | |
Charles Long Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $58 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $73,767 |
| Total Revenue | $73,825 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $13,444 |
| Pension plans, employee benefits | $0 |
| Interest | $2,242 |
| Taxes | $30 |
| Depreciation | $12,185 |
| Occupancy | $407 |
| Travel, conferences, and meetings | $62 |
| Printing and publications | $0 |
| Other expenses | $42,424 |
| Total operating and administrative expenses | $71,994 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $71,994 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $7,726 |
| Savings and temporary cash investments | $5,168 |
| Net Accounts receivable | $478 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $1,758 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $193,890 |
| Other assets | $18,639 |
| Total assets | $227,659 |
| Accounts payable and accrued expenses | $9,434 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $483,954 |
| Other liabilities | $93,264 |
| Total liabilities | $586,652 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Over The Rhine Community Housing Cincinnati, OH | $24,358,276 | $7,722,304 |
Society Of St Vincent Depaul Council Of Louisville Louisville, KY | $10,950,346 | $7,888,364 |
Socayr Inc Louisville, KY | $34,945,508 | $6,749,829 |
Lacasa Of Goshen Inc Goshen, IN | $26,643,418 | $6,732,087 |
Creative Housing Inc Columbus, OH | $43,851,773 | $5,323,506 |
Family Scholar House Inc Louisville, KY | $18,614,591 | $4,995,688 |
Lewinsville Retirement Residence McLean, VA | $23,915,511 | $4,142,115 |
The Village At Mercy Creek Lemont, IL | $14,145,576 | $2,549,375 |
Regina Manor Apartments Inc Toledo, OH | $0 | $7,363 |
American Village Communities Inc Fairfax, VA | $15,020,871 | $7,566,152 |
Equity Homes Saint Louis, MO | $10,741,730 | $5,549,027 |
Squire Village Preservation Nfp Chicago, IL | $14,277,143 | $2,435,203 |