Pennock Estates Inc
- Assets
- $157.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Pennock, MN
- Founding
- 06/1972
- Data as of
- 12/2022
- EIN
- 23-7098414
Organization Overview
Pennock Estates Inc is located in Pennock, MN. The organization was established in 1972. 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. Pennock Estates Inc 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, Pennock Estates Inc generated $55.2k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.9% each year. All expenses for the organization totaled $59.9k during the year ending 12/2022. While expenses have increased by 5.3% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rollie Boll President | 1 | $0 | |
Kevin Crowley Vice Preside | 1 | $0 | |
Sue Kidrowski Sec/treasure | 2 | $0 | |
Jim Kidrowski Board Member | 1 | $0 | |
Terry Thole Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $18,658 |
| Membership dues | $0 |
| Investment income | $20 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $36,503 |
| Total Revenue | $55,181 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $6,528 |
| Professional fees and other payments to independent contractors | $575 |
| Occupancy, rent, utilities, and maintenance | $2,302 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $50,456 |
| Total expenses | $59,861 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $26,753 |
| Other assets | $0 |
| Total assets | $157,497 |
| Total liabilities | $13,145 |
| Net assets or fund balances | $144,352 |