Improved Dwellings For Altoona Inc
- Assets
- $4.4m
- Revenue
- $1.0m
- Investments
- $0.0
- Employees
- 52
- Location
- Altoona, PA
- Founding
- 06/1976
- Data as of
- 09/2022
- EIN
- 25-1195823
Organization Overview
Improved Dwellings For Altoona Inc is located in Altoona, PA. The organization was established in 1976. According to its NTEE Classification (L99) the organization is classified as: Housing & Shelter N.E.C., under the broad grouping of Housing & Shelter and related organizations. As of 09/2022, Improved Dwellings For Altoona Inc employed 52 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Improved Dwellings For Altoona 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 09/2022, Improved Dwellings For Altoona Inc generated $1.0m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.8% each year. All expenses for the organization totaled $862.3k during the year ending 09/2022. While expenses have increased by 3.2% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE ADMINISTRATIVE SERVICES TO LOW COST HOUSING ORGANIZATIONS
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROGRAM SERVICES ARE DESIGNED TO PROVIDE AND ADMINISTER THE OPERATION OF LOW INCOME HOUSING SERVICES.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Deacon Jack Hoffer Treasurer | Officer | 0.25 | $0 |
James F Kuhn First Vice President | Officer | 0.25 | $0 |
Joseph G Keller Second Vice President | Officer | 0.25 | $0 |
David L Diedrich Immediate Past President | Officer | 0.25 | $0 |
John A Palko Asst Secretary | Officer | 0.25 | $0 |
Jane L Gable Asst Treasurer | Officer | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $799,962 |
| Investment income | $214,357 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,020,620 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $367,467 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $72,831 |
| Payroll taxes | $27,649 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $500 |
| Fees for services: Accounting | $5,650 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $8,616 |
| Advertising and promotion | $1,007 |
| Office expenses | $52,769 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $7,839 |
| Travel | $3,991 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $20,956 |
| Interest | $6,300 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $15,827 |
| Insurance | $5,844 |
| All other expenses | $0 |
| Total functional expenses | $862,250 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $273,439 |
| Savings and temporary cash investments | $2,334,806 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $245,817 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $23,539 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $12,146 |
| Net Land, buildings, and equipment | $52,661 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,447,092 |
| Total assets | $4,389,500 |
| Accounts payable and accrued expenses | $276,004 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $89,920 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $365,924 |
| Net assets without donor restrictions | $4,023,576 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $4,389,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Baltimore Regional Housing Partnership Inc Baltimore, MD | $17,869,604 | $87,260,949 |
Communities Of Don Guanella And Divine Providence Philadelphia, PA | $32,652,793 | $61,764,962 |
Medstar Ambulatory Services Inc Columbia, MD | $191,556,915 | $22,068,997 |
Arc Ocean County Chapter Lakewood, NJ | $28,493,804 | $32,257,873 |
Center For Community Action Everett, PA | $8,701,097 | $31,029,882 |
Community Housing Innovations Inc White Plains, NY | $68,684,135 | $30,486,174 |
The Mcgregor Foundation East Cleveland, OH | $138,199,971 | $25,774,017 |
Educational Housing Services Inc New York, NY | $147,607,496 | $20,918,839 |
Vanderheyden Hall Inc Wynantskill, NY | $10,154,920 | $26,980,074 |
Oxford House Inc Silver Spring, MD | $6,662,269 | $22,312,565 |
Dogwood Housing Inc North Bethesda, MD | $86,669,090 | $22,202,788 |
The Center For New York City New York, NY | $125,177,702 | $23,546,233 |