Ghent Area Ministry
- Assets
- $44.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Norfolk, VA
- Founding
- 05/2005
- Data as of
- 12/2023
- 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 12/2023, Ghent Area Ministry generated $75.1k in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of (2.8%) each year. All expenses for the organization totaled $68.8k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (2.2%) per year over the past 4 years. 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
DISTRIBUTION POINT FOR FOOD FROM FOOD BANK AND DONATED CLOTHING TO NEEDY INDIVIDUALS AND FAMILIES. FINANCIAL ASSISTANCE FOR HOUSING RX UTILITIES AND TRANSPORTATION.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $75,076 |
| 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 | $75,076 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $22,573 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $16,576 |
| Printing, publications, postage, and shipping | $3,054 |
| Other expenses | $26,622 |
| Total expenses | $68,825 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $44,852 |
| Other assets | $0 |
| Total assets | $44,852 |
| Total liabilities | $0 |
| Net assets or fund balances | $44,852 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Housing Opportunities Made Equal Of Virginia Inc Richmond, VA | $3,269,492 | $5,382,513 |
Fuel Fund Of Central Md Inc Timonium, MD | $6,317,493 | $3,635,841 |
Rebuilding Together Baltimore Inc Baltimore, MD | $1,677,240 | $1,068,298 |
Metropolitan Housing And Community Development Corporation Washington, NC | $4,294,469 | $812,117 |
Hughes Neighborhood Housing Inc Wheaton, MD | $2,734,891 | $289,665 |
Bay Hundred Community Volunteers Inc Mcdaniel, MD | $24,166 | $0 |
Ghent Area Ministry Norfolk, VA | $44,852 | $0 |
Commonwealth Community Development Services Norfolk, VA | $417,963 | $350,403 |
EMS Foundation Inc Richmond, VA | $0 | $0 |