Horizon Residential Altrnatives Inc
- Assets
- $314.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Peru, IL
- Founding
- 09/1983
- Data as of
- 06/2023
- EIN
- 36-3245936
Organization Overview
Horizon Residential Altrnatives Inc is located in Peru, IL. The organization was established in 1983. 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. Horizon Residential Altrnatives 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, Horizon Residential Altrnatives Inc generated $179.8k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 1.6% each year. All expenses for the organization totaled $154.9k during the year ending 06/2023. 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 LOW INCOME HOUSING TO DEVELOPMENTALLY DISABLED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stacy Newell President | 0 | $0 | |
C Aleigh Day Treasurer | 0 | $0 | |
Cote Klinefelter Vice Preside | 0 | $0 | |
Bonnie Steinberg Director | 0 | $0 | |
Amy Baker Director | 0 | $0 | |
Katie Hartauer Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $120,883 |
| Total Program Service Revenue | $58,866 |
| Membership dues | $0 |
| Investment income | $24 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $179,773 |
| 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 | $7,551 |
| Occupancy, rent, utilities, and maintenance | $52,935 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $94,396 |
| Total expenses | $154,882 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $80,667 |
| Other assets | $0 |
| Total assets | $314,092 |
| Total liabilities | $17,762 |
| Net assets or fund balances | $296,330 |