Council Members Home Corporation is located in Fairborn, OH. The organization was established in 2010. According to its NTEE Classification (S47) the organization is classified as: Real Estate Associations, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Council Members Home Corporation is a 501(c)(8) and as such, is described as a "Fraternal Beneficiary Society and/or Association" by the IRS.
For the year ending 12/2023, Council Members Home Corporation generated $41.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (7.6%) each year. All expenses for the organization totaled $39.1k during the year ending 12/2023. 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
2023
Describe the Organization's Program Activity:
Part 3
THE SOLE PURPOSE OF THIS ORGANIZATION IS TO LEASE THE BUILDING AT 974 N MAPLE AVENUE FAIRBORN, OHIO AND RENT THE BUILDING TO THE KNIGHTS OF COLUMBUS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Francis Minnick President | 3 | $0 | |
Frank Carchedi Vice President | 3 | $0 | |
Herb Edwards Secretary | 2 | $0 | |
Herman Karhoff Treasurer | 3 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $29,193 |
Membership dues | $0 |
Investment income | $9,760 |
Gain or Loss | $2,190 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $41,143 |
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 | $31,114 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $7,947 |
Total expenses | $39,061 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $415,608 |
Other assets | $0 |
Total assets | $424,623 |
Total liabilities | $0 |
Net assets or fund balances | $424,623 |