Gatehouse Corporation
- Assets
- $158.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Midland, TX
- Founding
- 07/1994
- Data as of
- 12/2021
- EIN
- 75-2514849
Organization Overview
Gatehouse Corporation is located in Midland, TX. The organization was established in 1994. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Gatehouse 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 12/2021, Gatehouse Corporation generated $46.0k 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 $35.0k during the year ending 12/2021. 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
2021
Describe the Organization's Program Activity:
Part 3
FROM THE INCEPTION OF THE LEASE OF THE PROPERTY TO THE SERENITY GROUPS OF ALCHOLICS ANONYMOUS AND AL-ANON, THE GATEHOUSE CORPORATION HAS PROVIDED A SMOKE FREE ENVIRONMENT FOR SUCH GROUP MEETINGS. THERE IS AN AVERAGE OF 14 MEETINGS PER WEEK, OR APPROXIMATELY 730 MEETINGS DURING THE CALENDAR YEAR, WITH APPROXIMATELY 15 PEOPLE IN ATTENDANCE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Timothy R Bryson President | 4 | $0 | |
Amy Young Treasurer | 2 | $0 | |
Stephanie Schoen-Orr Secretary | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,100 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $40,880 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $45,980 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $35,023 |
| Total expenses | $35,023 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $30,674 |
| Other assets | $0 |
| Total assets | $158,521 |
| Total liabilities | $0 |
| Net assets or fund balances | $158,521 |
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