Universal Housing Development Corporation is located in Huntington, IN. The organization was established in 2000. 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. Universal Housing Development Corporation 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 12/2023, Universal Housing Development Corporation generated $82.3k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.5% each year. All expenses for the organization totaled $66.7k during the year ending 12/2023. While expenses have increased by 3.6% 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
DEVELOP AND PROVIDE AFFORDABLE HOUSING TO INDIVIDUALS, REGARDLESS OF ABILITIES WITH INCOME BELOW 80% AREA MEDIAN INCOME. 8 PEOPLE WERE SERVED IN 2023.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Danielle Tips Executive Di | 1 | $0 | |
Michelle Banks CFO | 1 | $0 | |
Joey Spiegel Director | 1 | $0 | |
Ann Mcpherren Director | 1 | $0 | |
Paula Whiting Director | 1 | $0 | |
Natalija Trokic Director | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $82,280 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $82,280 |
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 | $26,043 |
Occupancy, rent, utilities, and maintenance | $10,507 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $30,183 |
Total expenses | $66,733 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $107,158 |
Other assets | $0 |
Total assets | $478,878 |
Total liabilities | $6,306 |
Net assets or fund balances | $472,572 |