Hillcroft Properties Group Inc is located in Muncie, IN. The organization was established in 2003. 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. Hillcroft Properties Group 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 06/2023, Hillcroft Properties Group Inc generated $50.2k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.3% each year. All expenses for the organization totaled $63.1k during the year ending 06/2023. While expenses have increased by 2.0% per year over the past 8 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
2023
Describe the Organization's Program Activity:
Part 3
RENTAL OF TWO RESIDENTIAL GROUP HOMES WITH A TOTAL OF 8 UNITS TO PROMOTE THE WELFARE OF HANDICAPPED PERSONS WITH HOUSING FACILITIES AND SERVICES.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Abby Halstead President | 1 | $0 | |
Debbie Bennett Director | 1 | $0 | |
Ryan Groves Director | 1 | $0 | |
Jessica Hammett Director | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $50,243 |
| Membership dues | $0 |
| Investment income | $3 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $50,246 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $8,345 |
| Professional fees and other payments to independent contractors | $7,115 |
| Occupancy, rent, utilities, and maintenance | $19,338 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $28,334 |
| Total expenses | $63,132 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $232 |
| Other assets | $0 |
| Total assets | $373,337 |
| Total liabilities | $580,852 |
| Net assets or fund balances | -$207,515 |