A B C Realty Company
- Assets
- $227.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Algona, IA
- Founding
- 08/1971
- Data as of
- 12/2022
- EIN
- 23-7091420
Organization Overview
A B C Realty Company is located in Algona, IA. The organization was established in 1971. According to its NTEE Classification (S47) the organization is classified as: Real Estate Associations, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. A B C Realty Company 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, A B C Realty Company generated $114.0k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 3.6% each year. All expenses for the organization totaled $105.1k 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
TO PROVIDE LOW RENT HOUSING FOR THE ELDERLY, DISABLED, AND FAMILIES. RENT IS BASED ON 30% OF THE APPLICANT'S YEARLY ADJUSTED INCOME WITH THE REMAINDER SUBSIDIZED BY USDA/RURAL DEVELOPMENT. THIS ORGANIZATION MADE IT POSSIBLE FOR 24 FAMILIES TO FIND SAFE AND AFFORDABLE HOUSING IN THE ARMSTRONG COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Connie Thackery President | 0 | $0 | |
Gary Leach Vice President | 0 | $0 | |
Elward Picht Secretary/treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $111,643 |
| Membership dues | $0 |
| Investment income | $15 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $2,301 |
| Total Revenue | $113,959 |
| 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 | $13,938 |
| Occupancy, rent, utilities, and maintenance | $71,351 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $19,793 |
| Total expenses | $105,082 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $79,708 |
| Other assets | $0 |
| Total assets | $227,039 |
| Total liabilities | $81,882 |
| Net assets or fund balances | $145,157 |