Newport Millennium Housing Corporation Iv

Organization Overview

Newport Millennium Housing Corporation Iv is located in Newport, KY. The organization was established in 2001. 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. Newport Millennium Housing Corporation Iv 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, Newport Millennium Housing Corporation Iv generated $71.4k in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of 0.0% each year. All expenses for the organization totaled $171.0k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2021

Describe the Organization's Program Activity:

Part 3 - Line 4a

REHABILITATE BUILDINGS FOR RENTAL USE. REHABILITATION OF INNER CITY BUILDINGS THRU NEIGHBORHOOD DEVELOPMENT PROGRAMS.


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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $16
Dividends & Interest $0
Net Rental Income-$7,030
Net Gain on Sale of Assets $0
Capital Gain Net Income $0
Net ST Capital Gain $0
Income Modifications $90,000
Profit on Inventory Sales $0
Other Income $38,405
Total Revenue $71,423

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