Aldersgate At The Oaks
- Assets
- $477.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Orangeburg, SC
- Founding
- 05/2007
- Data as of
- 06/2021
- EIN
- 20-4345855
Organization Overview
Aldersgate At The Oaks is located in Orangeburg, SC. The organization was established in 2007. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Aldersgate At The Oaks 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 06/2021, Aldersgate At The Oaks generated $51.5k in total revenue. The organization has seen a slow decline revenue. Over the past 2 years, revenues have fallen by an average of (2.5%) each year. All expenses for the organization totaled $60.5k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (0.5%) per year over the past 2 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
2021
Describe the Organization's Program Activity:
Part 3
TO OPERATE AND MAINTAIN A SIX-BED RESIDENCE FOR MENTALLY AND/OR PHYSICALLY DISABLED PERSONS IN ORANGEBURG COUNTY SC
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Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $51,499 |
| Membership dues | $0 |
| Investment income | $20 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $51,519 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $814 |
| Professional fees and other payments to independent contractors | $3,098 |
| Occupancy, rent, utilities, and maintenance | $21,988 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $34,569 |
| Total expenses | $60,469 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $1,570 |
| Other assets | $0 |
| Total assets | $477,798 |
| Total liabilities | $522,700 |
| Net assets or fund balances | -$44,902 |
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