Gary Housing Association Incorporated is located in Gary, SD. The organization was established in 1976. 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. Gary Housing Association 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, Gary Housing Association Incorporated generated $106.1k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 2.8% each year. All expenses for the organization totaled $93.8k 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 INCOME HOUSING TO ELIGIBLE TENANTS
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mary Hunt Manager | 20 | $21,791 | |
Linda Weir President | 0 | $0 | |
Bernice Jensen Vice Pres | 0 | $0 | |
Elonne Veen Director | 0 | $0 | |
Marlys Sillman Director | 0 | $0 | |
Gloria Dessler Director | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $104,661 |
| Membership dues | $0 |
| Investment income | $1,456 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $106,117 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $24,001 |
| Professional fees and other payments to independent contractors | $784 |
| Occupancy, rent, utilities, and maintenance | $37,568 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $31,418 |
| Total expenses | $93,771 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $147,009 |
| Other assets | $0 |
| Total assets | $227,462 |
| Total liabilities | $106,856 |
| Net assets or fund balances | $120,606 |