Yough Housing Inc
- Assets
- $419.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Confluence, PA
- Founding
- 02/1971
- Data as of
- 12/2022
- EIN
- 25-1207995
Organization Overview
Yough Housing Inc is located in Confluence, PA. The organization was established in 1971. 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. Yough 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, Yough Housing Inc generated $120.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.4% each year. All expenses for the organization totaled $103.5k during the year ending 12/2022. While expenses have increased by 3.6% 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
YOUGH HOUSING INC OWNS FOUR APARTMENT BUILDINGS, INCLUDING ONE WITH LAUNDRY. EACH BUILDING HOUSES 10 TENANTS. ALL PROVIDE SERVICES FOR LOW INCOME HOUSING FOR THE ELDERLY AND DISABLED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ray Silbaugh President | 10 | $0 | |
Max Humbert V. President | 5 | $0 | |
Rodney Whaley Director | 5 | $0 | |
Ron Tressler Director | 5 | $0 | |
Doris Van Sickel Director | 5 | $0 | |
Patricia R May Bookkeeper/ | 5 | $1,320 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $120,049 |
| Membership dues | $0 |
| Investment income | $299 |
| Gain or Loss | -$50 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $120,298 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $22,217 |
| Professional fees and other payments to independent contractors | $4,996 |
| Occupancy, rent, utilities, and maintenance | $30,000 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $46,313 |
| Total expenses | $103,526 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $217,527 |
| Other assets | $0 |
| Total assets | $419,893 |
| Total liabilities | $83,181 |
| Net assets or fund balances | $336,712 |