Friends Community Housing Inc
- Assets
- $134.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Cincinnati, OH
- Founding
- 09/1985
- Data as of
- 12/2022
- EIN
- 31-1133043
Organization Overview
Friends Community Housing Inc is located in Cincinnati, OH. The organization was established in 1985. 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. Friends Community Housing 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 12/2022, Friends Community Housing Inc generated $75.2k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (2.2%) each year. All expenses for the organization totaled $73.9k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (3.9%) per year over the past 8 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
2022
Describe the Organization's Program Activity:
Part 3
FRIENDS COMMUNITY HOUSING, INC. WAS ORGANIZED TO CONSTRUCT, OWN AND OPERATE A 10-UNIT AFFORDABLE APARTMENT COMMUNITY IN WILMINGTON, OHIO KNOWN AS MULBERRY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James Wilson President | 1 | $0 | |
Diane Schneiderman Secretary | 1 | $0 | |
Daniel Steward Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $44,879 |
| Total Program Service Revenue | $27,615 |
| Membership dues | $0 |
| Investment income | $188 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $2,554 |
| Total Revenue | $75,236 |
| 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 | $18,350 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $55,571 |
| Total expenses | $73,921 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $12,721 |
| Other assets | $0 |
| Total assets | $134,572 |
| Total liabilities | $284,290 |
| Net assets or fund balances | -$149,718 |