Watson Street Apartments Inc is located in Springdale, AR. 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. Watson Street 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 06/2021, Watson Street Apartments Inc generated $114.6k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.3% each year. All expenses for the organization totaled $81.5k during the year ending 06/2021. 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
PROVIDES HUD APPROVED ADULT RESIDENTIAL HOUSING FOR THE ELDERLY AND PSYCHOLOGICALLY DISABLED.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Kevin Hatfield Board Member | 1 | $0 | |
Mike Morgenthaler Chairman | 1 | $0 | |
Nancy Kahanak Board Member | 1 | $0 | |
Laura Bazyk Board Member | 1 | $0 | |
Donnie Davis Board Member | 1 | $0 | |
Rebecca Jones Board Member | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $114,443 |
Membership dues | $0 |
Investment income | $40 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $123 |
Total Revenue | $114,606 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $11,352 |
Professional fees and other payments to independent contractors | $7,326 |
Occupancy, rent, utilities, and maintenance | $51,080 |
Printing, publications, postage, and shipping | $2,094 |
Other expenses | $9,610 |
Total expenses | $81,462 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $30,883 |
Other assets | $0 |
Total assets | $101,393 |
Total liabilities | $49,207 |
Net assets or fund balances | $52,186 |
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Merced Housing Texas San Antonio, TX | $50,611,683 | $9,858,961 |
Trinity Affordable Housing Corporation Austin, TX | $27,521,509 | $8,167,693 |
Assisting Texas With Housing Inc Austin, TX | $21,990,420 | $4,581,783 |
Dallas Neighborhood Alliance For Habitat Dallas, TX | $1,401,689 | $4,975,573 |
Louisiana Housing Assistance Corporation Alexandria, LA | $350,109 | $3,738,733 |
Equity Homes Saint Louis, MO | $10,741,730 | $5,549,027 |
Affordable Community Housing Trust Edmond, OK | $6,149,448 | $2,689,134 |
Lago De Plata Inc Dallas, TX | $0 | $4,971,984 |
St Jude Inc Dallas, TX | $20,844,887 | $6,967,988 |
South Mississippi Housing Anddevelopment Corporation Gulfport, MS | $21,301,727 | $2,501,846 |
Horizon Housing Development Company St Louis, MO | $1,964,053 | $2,445,702 |
St Martin De Porres Inc Dallas, TX | $5,546,092 | $2,713,631 |