Loomis Housing Corp-Louise C Merritt Fund
- Assets
- $974.7k
- Revenue
- $31.7k
- Investments
- $942.6k
- Employees
- 0
- Location
- Dallas, TX
- Founding
- 12/1970
- Data as of
- 12/2023
- EIN
- 04-6200238
Organization Overview
Loomis Housing Corp-Louise C Merritt Fund is located in Dallas, TX. The organization was established in 1970. According to its NTEE Classification (L12) the organization is classified as: Fund Raising & Fund Distribution, 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.
For the year ending 12/2023, Loomis Housing Corp-Louise C Merritt Fund generated $31.7k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 31.0% each year . All expenses for the organization totaled $54.3k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $25,678 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $3,228 |
| Capital Gain Net Income | $3,228 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $2,751 |
| Total Revenue | $31,657 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $14,845 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $793 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $591 |
| Total operating and administrative expenses | $17,879 |
| Contributions, gifts, grants paid | $36,375 |
| Total expenses and disbursements | $54,254 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $32,110 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $974,733 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
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