Virginia Manor Corporation is located in New Virginia, IA. The organization was established in 1969. 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. Virginia Manor Corporation is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2022, Virginia Manor Corporation generated $45.3k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.5%) each year. All expenses for the organization totaled $57.5k during the year ending 12/2022. 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
2022
Describe the Organization's Program Activity:
Part 3
PROVIDING LOW RENT HOUSING TO LOW INCOME FAMILIES AND THE ELDERLY
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Everett Kephart Manager | 10 | $3,200 | |
Richard Hatcher Secretary | 0 | $0 | |
Dennis Allsup Manager | 10 | $1,600 | |
Steve Voltmer President | 0 | $0 | |
Jodie Taylor Treasurer | 0 | $0 | |
Larry Ditmer Director | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $45,269 |
| Membership dues | $0 |
| Investment income | $31 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $45,300 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $2,810 |
| Occupancy, rent, utilities, and maintenance | $36,170 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $18,539 |
| Total expenses | $57,519 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $24,283 |
| Other assets | $0 |
| Total assets | $232,933 |
| Total liabilities | $0 |
| Net assets or fund balances | $232,933 |