New Eagle Housing Corporation is located in Washington, PA. The organization was established in 2001. 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. New Eagle Housing Corporation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, New Eagle Housing Corporation generated $8.0 in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (14.5%) each year. All expenses for the organization totaled $1.2k during the year ending 12/2022. 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
ACQUISITION OF A SITE, FINANCING, DEVELOPMENT, CONSTRUCTION OPERATION AND MAINTENANCE OF (42) UNITS OF LOW INCOME AND ELDERLY HOUSING IN WASHINGTON COUNTY
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dennis Stitch Chairman | 0.5 | $0 | |
Tony Menendez Vice Chairman/secretary | 0.5 | $0 | |
James R Mcdonald Director | 0.5 | $0 | |
Stanley P Shook Acting Executive Director | 0.5 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $8 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $8 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $1,190 |
| Total expenses | $1,190 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $87,527 |
| Other assets | $0 |
| Total assets | $87,527 |
| Total liabilities | $6,188 |
| Net assets or fund balances | $81,339 |