Ide Center Apartments I Inc
- Assets
- $385.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Toledo, OH
- Founding
- 01/1993
- Data as of
- 06/2023
- EIN
- 34-1719519
Organization Overview
Ide Center Apartments I Inc is located in Toledo, OH. The organization was established in 1993. 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. Ide Center Apartments I 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, Ide Center Apartments I Inc generated $105.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (3.6%) each year. All expenses for the organization totaled $124.1k during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (1.5%) 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
2023
Describe the Organization's Program Activity:
Part 3
PROVIDE LIVING FACILITIES FOR CHRONICALLY MENTALLY ILL PERSONS. SERVED TEN CLIENTS THROUGHOUT THE YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cindy Breese Director | 0.5 | $0 | |
Marie Flannery Director | 0.5 | $0 | |
Barbara Lang Director | 0.5 | $0 | |
Jeffrey DE Lay Ceo/president | 0.5 | $0 | |
Tim Croak Chair | 0.5 | $0 | |
Kwabena Kankam Treasurer | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $76,309 |
| Total Program Service Revenue | $29,242 |
| Membership dues | $0 |
| Investment income | $12 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $105,563 |
| 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 | $8,555 |
| Occupancy, rent, utilities, and maintenance | $66,922 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $48,658 |
| Total expenses | $124,135 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $8,575 |
| Other assets | $0 |
| Total assets | $385,809 |
| Total liabilities | $58,614 |
| Net assets or fund balances | $327,195 |