Merrill Road Housing Corporation is located in Capitola, CA. The organization was established in 1996. 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. Merrill Road Housing 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, Merrill Road Housing Corporation generated $12.0k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of 0.0% each year. All expenses for the organization totaled $12.5k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (0.4%) per year over the past 6 years. 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
TO PROVIDE AFFORDABLE HOUSING FOR LOW AND MODERATE INCOME HOUSEHOLDS THROUGH THE OPERATION OF A 15-UNIT HOUSING COMPLEX IN APTOS, CA
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Richard Schmale Director | 1 | $0 | |
Carol Berg Vice-Chairperson | 1 | $0 | |
Annette Melendrez Director | 1 | $0 | |
Andy Schiffrin Chairperson | 1 | $0 | |
Ligaya Eligio Director | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $12,000 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $12,000 |
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 | $12,456 |
Total expenses | $12,456 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $0 |
Other assets | $0 |
Total assets | $12,050 |
Total liabilities | $64,779 |
Net assets or fund balances | -$52,729 |
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