Essex Housing Inc is located in Essex, IA. 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. Essex Housing 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, Essex Housing Inc generated $59.6k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.5% each year. All expenses for the organization totaled $57.2k during the year ending 12/2022. While expenses have increased by 1.7% per year over the past 7 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
ESSEX HOUSING INC MANAGES AN 18 UNIT APARTMENT COMPLEXFACILITY IS FEDERALLY FINANCED AND THE ORGANIZATION ISPLEDGED TO PROVIDING ADEQUATE HOUSING TO QUALIFIED ELDERLY
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Amy Samuelson President | 1 | $0 | |
Amy Maher Secretary | 1 | $0 | |
Jeff Eshelman Vice President | 1 | $0 | |
Marian Durfey Director | 1 | $0 | |
Carol Chambers Director | 1 | $0 | |
Lori Racine Director | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,900 |
| Total Program Service Revenue | $57,738 |
| Membership dues | $0 |
| Investment income | $8 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $59,646 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $5,175 |
| Professional fees and other payments to independent contractors | $390 |
| Occupancy, rent, utilities, and maintenance | $40,390 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $11,286 |
| Total expenses | $57,241 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $37,717 |
| Other assets | $0 |
| Total assets | $52,217 |
| Total liabilities | $36,792 |
| Net assets or fund balances | $15,425 |