Reesesources And Associates Inc
- Assets
- $25.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Stockbridge, GA
- Founding
- 03/2017
- Data as of
- 12/2019
- EIN
- 81-1095718
Organization Overview
Reesesources And Associates Inc is located in Stockbridge, GA. The organization was established in 2017. According to its NTEE Classification (L21) the organization is classified as: Low-Income & Subsidized Rental Housing, 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. Reesesources And Associates Inc 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 12/2019, Reesesources And Associates Inc generated $118.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (10.6%) each year. All expenses for the organization totaled $106.4k during the year ending 12/2019. As we would expect to see with falling revenues, expenses have declined by (11.1%) per year over the past 4 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
2019
Describe the Organization's Program Activity:
Part 3
0
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael K Reese Presidentceo | 50 | $0 | |
Hastine Reese Treasurer | 2 | $0 | |
Nykima Reese Secretary | 2 | $0 | |
Michael Martin Member | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $32,614 |
| Total Program Service Revenue | $59,150 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $26,400 |
| Total Revenue | $118,164 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $79,260 |
| Professional fees and other payments to independent contractors | $4,880 |
| Occupancy, rent, utilities, and maintenance | $11,918 |
| Printing, publications, postage, and shipping | $451 |
| Other expenses | $9,858 |
| Total expenses | $106,367 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $2,853 |
| Other assets | $0 |
| Total assets | $24,961 |
| Total liabilities | $0 |
| Net assets or fund balances | $24,961 |
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|---|---|---|
Dreamkey Partners Inc Charlotte, NC | $109,024,724 | $87,997,566 |
Horizon Development Properties Inc Charlotte, NC | $420,836,852 | $43,904,469 |
Georgia Hap Administrators Inc Atlanta, GA | $13,430,323 | $20,876,355 |
Sunrise Northeast Inc Miami, FL | $3,715,475 | $18,670,620 |
Affordable Housing Preservation Corporation St Augustine, FL | $540,750,555 | $2,294,342 |
Choanoke Area Development Assoc Rich Square, NC | $3,243,319 | $10,393,050 |
Preservation Housing Inc Mobile, AL | $45,095,355 | $8,020,455 |
Nonprofit Housing Preservations Sb Inc Riviera Beach, FL | $13,108,120 | $31,278,179 |
Association For Retarded Citizens Housing Development Services Inc Greensboro, NC | $38,855,283 | $9,434,004 |
Jewish Association For Residential Care Inc Boca Raton, FL | $7,062,896 | $8,370,046 |
Habitat For Humanity Of Greater Miami Inc Miami, FL | $44,913,698 | $17,755,764 |
Contemporary Housing Alternatives Of Florida Inc Clearwater, FL | $42,120,344 | $6,399,709 |