Sabine Valley Hud Corporation
- Assets
- $168.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Marshall, TX
- Founding
- 11/1987
- Data as of
- 08/2022
- EIN
- 75-2183099
Organization Overview
Sabine Valley Hud Corporation is located in Marshall, TX. The organization was established in 1987. According to its NTEE Classification (L20) the organization is classified as: Housing Development, Construction & Management, 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. Sabine Valley Hud 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 08/2022, Sabine Valley Hud Corporation generated $107.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.3% each year. All expenses for the organization totaled $130.9k during the year ending 08/2022. While expenses have increased by 2.8% 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
PROVIDES HOUSING TO ELDERLY AND DISABLED PERSONS UNDER SECTION 202 OF THE NATIONAL HOUSING ACT UNDER AGREEMENT WITH THE DEPARTMENT OF HUD.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sue Simmons President | 0 | $0 | |
Randa Haywood Controller | 0 | $0 | |
Inman White Executive Di | 0 | $0 | |
Susan Mcdaniel Budget Admin | 0 | $0 | |
Chesley Knowles Program Mana | 0 | $0 | |
Joyce Weekly Vice Preside | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $107,461 |
| Membership dues | $0 |
| Investment income | $9 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $107,470 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $26,540 |
| Professional fees and other payments to independent contractors | $5,151 |
| Occupancy, rent, utilities, and maintenance | $53,444 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $45,785 |
| Total expenses | $130,920 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $14,010 |
| Other assets | $0 |
| Total assets | $168,645 |
| Total liabilities | $392,498 |
| Net assets or fund balances | -$223,853 |
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