Hometown Apartments Inc
- Assets
- $130.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Bardstown, KY
- Founding
- 11/1980
- Data as of
- 09/2021
- EIN
- 31-0992765
Organization Overview
Hometown Apartments Inc is located in Bardstown, KY. The organization was established in 1980. 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. Hometown Apartments Inc 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 09/2021, Hometown Apartments Inc generated $169.6k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 0.6% each year. All expenses for the organization totaled $136.3k during the year ending 09/2021. While expenses have increased by 0.4% per year over the past 6 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
2021
Describe the Organization's Program Activity:
Part 3
HOUSING FOR QUALIFIED LOW INCOME FAMILIES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ray Thompson Chairman | 1 | $0 | |
Mike Abell Sec/treas | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $169,639 |
| Membership dues | $0 |
| Investment income | $1 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $169,640 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $10,936 |
| Professional fees and other payments to independent contractors | $4,036 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $121,312 |
| Total expenses | $136,284 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $5,224 |
| Other assets | $0 |
| Total assets | $130,506 |
| Total liabilities | $131,482 |
| Net assets or fund balances | -$976 |
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|---|---|---|
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Ahc Inc Arlington, VA | $252,147,992 | $33,394,070 |
Elevate Housing Foundation Lincolnwood, IL | $28,372,310 | $19,775,453 |
Community Investment Corp Chicago, IL | $332,682,140 | $31,622,758 |
North East Community Action Corporation Bowling Green, MO | $19,489,309 | $16,722,475 |
Affordable Housing Development Fund Inc Rockford, IL | $87,465,066 | $18,557,415 |
Chicago Low Income Housing Trust Fund Chicago, IL | $68,435,328 | $24,410,244 |
Interfaith Housing Development Corporation Of Chicago Chicago, IL | $13,790,371 | $15,355,980 |
Shelter House Inc Reston, VA | $6,743,159 | $14,877,410 |