Mature Living Of Bay Inc is located in Little Rock, AR. The organization was established in 1990. According to its NTEE Classification (C32) the organization is classified as: Water Resources, Wetlands Conservation & Management, under the broad grouping of Environment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mature Living Of Bay 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 12/2022, Mature Living Of Bay Inc generated $190.7k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.5% each year. All expenses for the organization totaled $174.2k during the year ending 12/2022. While expenses have increased by 1.7% per year over the past 8 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
TO PROVIDE LOW-INCOME HOUSING TO THE ELDERLY IN BAY, ARKANSAS BASED ON THE REQUIREMENTS SET FORTH BY THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
C Carl Schultz President | 0 | $0 | |
Cynthia Wheeler Secretary | 0 | $0 | |
Jeffrey Owens Treasurer | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $190,609 |
Membership dues | $0 |
Investment income | $86 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $190,695 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $32,821 |
Professional fees and other payments to independent contractors | $18,718 |
Occupancy, rent, utilities, and maintenance | $32,276 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $90,405 |
Total expenses | $174,220 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $5,107 |
Other assets | $0 |
Total assets | $320,571 |
Total liabilities | $299,023 |
Net assets or fund balances | $21,548 |
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