North Hills Terrace Inc
- Assets
- $419.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Batesville, AR
- Founding
- 03/2001
- Data as of
- 12/2022
- EIN
- 71-0851646
Organization Overview
North Hills Terrace Inc is located in Batesville, AR. The organization was established in 2001. 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. North Hills Terrace 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, North Hills Terrace Inc generated $89.0k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.3% each year. All expenses for the organization totaled $93.2k during the year ending 12/2022. While expenses have increased by 1.8% 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
NORTH HILLS TERRACE IS A US DEPT. OF HOUSING & URBAN DEVELOPMENT PROJECT WHICH PROVIDES HOUSING FOR LOW INCOME ELDERLY AND HANDICAPPED INDIVIDUALS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lamar Wright President | 0 | $0 | |
Marilyn Lyons Secretary | 0 | $0 | |
Kristin Odom Vice-President | 0 | $0 | |
Bill Lyons Director | 0 | $0 | |
Carol Cagle Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $57,341 |
| Total Program Service Revenue | $31,311 |
| Membership dues | $0 |
| Investment income | $45 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $298 |
| Total Revenue | $88,995 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $14,646 |
| Professional fees and other payments to independent contractors | $2,552 |
| Occupancy, rent, utilities, and maintenance | $8,567 |
| Printing, publications, postage, and shipping | $7,165 |
| Other expenses | $60,249 |
| Total expenses | $93,179 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $1,468 |
| Other assets | $0 |
| Total assets | $419,719 |
| Total liabilities | $7,014 |
| Net assets or fund balances | $412,705 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
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 |