Mid-Valley Senior Citizen Housing Inc
- Assets
- $183.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Wasilla, AK
- Founding
- 06/1998
- Data as of
- 09/2023
- EIN
- 92-0163241
Organization Overview
Mid-Valley Senior Citizen Housing Inc is located in Wasilla, AK. The organization was established in 1998. According to its NTEE Classification (L22) the organization is classified as: Senior Citizens Housing & Retirement Communities, 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. Mid-Valley Senior Citizen Housing 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 09/2023, Mid-Valley Senior Citizen Housing Inc generated $45.9k 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 (8.8%) each year. All expenses for the organization totaled $65.0k during the year ending 09/2023. As we would expect to see with falling revenues, expenses have declined by (4.8%) 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
2023
Describe the Organization's Program Activity:
Part 3
LOW INCOME ELDERLY HOUSING
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Weaver CEO | 0 | $0 | |
Mark Larsen President | 0 | $0 | |
Fred Nelius Director | 0 | $0 | |
Phyllis Backaus Director | 0 | $0 | |
Mary Jane Nelius Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $28,939 |
| Total Program Service Revenue | $16,858 |
| Membership dues | $0 |
| Investment income | $87 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $45,884 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $10,031 |
| Professional fees and other payments to independent contractors | $7,141 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $47,875 |
| Total expenses | $65,047 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $3,429 |
| Other assets | $0 |
| Total assets | $183,722 |
| Total liabilities | $14,841 |
| Net assets or fund balances | $168,881 |