Scott Elderly Housing Development Corporation
- Assets
- $0.0
- Revenue
- $419.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Scott, LA
- Founding
- 04/1988
- Data as of
- 06/2022
- EIN
- 72-1098373
Organization Overview
Scott Elderly Housing Development Corporation is located in Scott, LA. The organization was established in 1988. According to its NTEE Classification (L22) the organization is classified as: Senior Citizens Housing & Retirement Communities, 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. Scott Elderly Housing Development Corporation 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, Scott Elderly Housing Development Corporation generated $419.2k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.0% each year. All expenses for the organization totaled $541.2k during the year ending 06/2022. While expenses have increased by 0.5% 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE AFFORDABLE HOUSING FOR THE ELDERLY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Inez Sam Director | 0 | $0 | |
Ray Bias Vice Preside | 0 | $0 | |
Jennifer Nugent President | 0 | $0 | |
Linda Granger Director | 0 | $0 | |
Michael Hebert Treasurer | 0 | $0 | |
Natalie Johnson Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $218 |
| Dividends & Interest | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $419,030 |
| Total Revenue | $419,248 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Pension plans, employee benefits | $0 |
| Depreciation | $163,699 |
| Occupancy | $46,068 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $541,215 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $541,215 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $30,212 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Other assets | $222,267 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $37,219 |