Ridgeway Rental Housing Incorporated
- Assets
- $100.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Algona, IA
- Founding
- 08/1972
- Data as of
- 12/2023
- EIN
- 23-7179623
Organization Overview
Ridgeway Rental Housing Incorporated is located in Algona, IA. The organization was established in 1972. According to its NTEE Classification (L21) the organization is classified as: Low-Income & Subsidized Rental Housing, 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. Ridgeway Rental Housing Incorporated 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 12/2023, Ridgeway Rental Housing Incorporated generated $87.2k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 4.3% each year. All expenses for the organization totaled $75.3k during the year ending 12/2023. 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
2023
Describe the Organization's Program Activity:
Part 3
TO PROVIDE LOW RENT HOUSING FOR THE ELDERLY, DISABLED, AND FAMILIES IN RIDGEWAY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Julie Stinson President | 0 | $0 | |
Diane Schick Vice President | 0 | $0 | |
Roger Bergan Secretary/treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $10,400 |
| Total Program Service Revenue | $72,635 |
| Membership dues | $1 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $4,175 |
| Total Revenue | $87,211 |
| 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 | $8,100 |
| Occupancy, rent, utilities, and maintenance | $43,202 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $24,015 |
| Total expenses | $75,317 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $30,699 |
| Other assets | $0 |
| Total assets | $100,692 |
| Total liabilities | $6,848 |
| Net assets or fund balances | $93,844 |