Valley Housing Inc is located in Russellville, AR. The organization was established in 1992. According to its NTEE Classification (L24) the organization is classified as: Independent Housing for People with Disabilities, 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. Valley 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 06/2022, Valley Housing Inc generated $141.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.0% each year. All expenses for the organization totaled $161.5k during the year ending 06/2022. While expenses have increased by 3.8% per year over the past 7 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
HOUSING FOR LOW INCOME DEVELOPMENTALLY DISABLED
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Bert Mullens Director | 0 | $0 | |
Robert Young Director | 0 | $0 | |
Tom Hill President | 0 | $0 | |
Craig Cloud Chief Executive Officer | 0 | $0 | |
Debbie Brown Controller | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $76,557 |
Total Program Service Revenue | $64,651 |
Membership dues | $0 |
Investment income | $27 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $141,235 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $7,504 |
Professional fees and other payments to independent contractors | $15,970 |
Occupancy, rent, utilities, and maintenance | $75,570 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $62,423 |
Total expenses | $161,467 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $113,403 |
Other assets | $0 |
Total assets | $237,602 |
Total liabilities | $847,953 |
Net assets or fund balances | -$610,351 |
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