Wemar Homes Inc
- Assets
- $393.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Orangeburg, SC
- Founding
- 02/1997
- Data as of
- 06/2024
- EIN
- 31-1504031
Organization Overview
Wemar Homes Inc is located in Orangeburg, SC. The organization was established in 1997. 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. Wemar Homes 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 06/2024, Wemar Homes Inc generated $99.1k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 4.9% each year. All expenses for the organization totaled $118.3k during the year ending 06/2024. While expenses have increased by 4.6% per year over the past 9 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
2024
Describe the Organization's Program Activity:
Part 3
HOUSING AND OTHER SERVICES FOR DISABLED PERSONS AND PERSONS WITH SPECIAL NEEDS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Vonda Steward Executive Director | 1 | $0 | |
Janet Gilchrist Chairperson | 0 | $0 | |
Teresa Hinnant Vice Chairperson | 0 | $0 | |
Cinthia Wolfe Board Member | 0 | $0 | |
Robert Johnson Board Member | 0 | $0 | |
Dorothy Elmore Board Member | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $54,908 |
| Total Program Service Revenue | $44,212 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $99,120 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $8,344 |
| Professional fees and other payments to independent contractors | $6,987 |
| Occupancy, rent, utilities, and maintenance | $19,873 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $83,077 |
| Total expenses | $118,281 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $83,684 |
| Other assets | $0 |
| Total assets | $393,944 |
| Total liabilities | $50,544 |
| Net assets or fund balances | $343,400 |