Ghent Area Ministry
- Assets
- $22.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Norfolk, VA
- Founding
- 05/2005
- Data as of
- 12/2021
- EIN
- 26-0082182
Organization Overview
Ghent Area Ministry is located in Norfolk, VA. The organization was established in 2005. According to its NTEE Classification (L82) the organization is classified as: Housing Expense Reduction Support, 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. Ghent Area Ministry 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 12/2021, Ghent Area Ministry generated $75.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (5.5%) each year. All expenses for the organization totaled $77.2k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $75,008 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $75,008 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $19,626 |
| Professional fees and other payments to independent contractors | $8,944 |
| Occupancy, rent, utilities, and maintenance | $24,822 |
| Printing, publications, postage, and shipping | $97 |
| Other expenses | $23,697 |
| Total expenses | $77,186 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $22,594 |
| Other assets | $0 |
| Total assets | $22,594 |
| Total liabilities | $0 |
| Net assets or fund balances | $22,594 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Ghent Area Ministry has recieved totaling $8,000.
| Awarding Organization | Amount |
|---|---|
Hampton Roads Community Foundation Norfolk, VA PURPOSE: FOR UNRESTRICTED SUPPORT | $8,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Housing Opportunities Made Equal Of Virginia Inc Richmond, VA | $4,194,387 | $5,224,528 |
Fuel Fund Of Central Md Inc Timonium, MD | $7,120,973 | $5,182,649 |
Metropolitan Housing And Community Development Corporation Washington, NC | $4,360,017 | $776,841 |
Rebuilding Together Baltimore Inc Baltimore, MD | $1,069,101 | $1,810,219 |
Hughes Neighborhood Housing Inc Wheaton, MD | $2,834,898 | $268,024 |
Ghent Area Ministry Norfolk, VA | $22,594 | $0 |
Commonwealth Community Development Services Norfolk, VA | $417,963 | $350,403 |
Bay Hundred Community Volunteers Inc Mcdaniel, MD | $29,496 | $0 |
EMS Foundation Inc Richmond, VA | $0 | $0 |