Rural Sullivan Housing Corporation
- Assets
- $254.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 3
- Location
- Monticello, NY
- Founding
- 11/1981
- Data as of
- 07/2023
- EIN
- 14-1626939
Organization Overview
Rural Sullivan Housing Corporation is located in Monticello, NY. The organization was established in 1981. 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. As of 07/2023, Rural Sullivan Housing Corporation employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rural Sullivan 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 07/2023, Rural Sullivan Housing Corporation generated $132.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (3.1%) each year. All expenses for the organization totaled $198.4k during the year ending 07/2023. 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
RENTAL, MANAGEMENT AND REHAB OF LOW TO MODERATE INCOME HOUSING.COUNSELING AND PROVIDING PROGRAMS FOR HOME OWNERSHIP.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jill Weyer President | 2 | $0 | |
Margaret Blaut Secretary/treas | 2 | $0 | |
Jenna Fredericks Director | 2 | $0 | |
Angela Rein Vice President | 2 | $0 | |
Kevin O'connor Director | 2 | $0 | |
Serra Mcdowall Ops Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $89,828 |
| Total Program Service Revenue | $42,149 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $131,977 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $66,402 |
| Professional fees and other payments to independent contractors | $18,308 |
| Occupancy, rent, utilities, and maintenance | $40,597 |
| Printing, publications, postage, and shipping | $162 |
| Other expenses | $72,959 |
| Total expenses | $198,428 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $104,309 |
| Other assets | $0 |
| Total assets | $254,761 |
| Total liabilities | $102,081 |
| Net assets or fund balances | $152,680 |