Phoenix Housing Inc
- Assets
- $115.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Fargo, ND
- Founding
- 02/1995
- Data as of
- 12/2022
- EIN
- 36-3699669
Organization Overview
Phoenix Housing Inc is located in Fargo, ND. The organization was established in 1995. According to its NTEE Classification (L80) the organization is classified as: Housing Support, 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. Phoenix Housing 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 12/2022, Phoenix Housing Inc generated $15.6k 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 (34.3%) each year. All expenses for the organization totaled $20.9k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (30.3%) 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
2022
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION DEVELOPS AND OPERATES RESIDENTIAL HOUSING FOR LOW-INCOME RESIDENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Donald Haugen President | 1 | $5,750 | |
Charles Helmstetter Director | 1 | $5,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $7,200 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $8,413 |
| Total Revenue | $15,613 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $10,750 |
| Professional fees and other payments to independent contractors | $5,800 |
| Occupancy, rent, utilities, and maintenance | $1,664 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $2,714 |
| Total expenses | $20,928 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $94,993 |
| Other assets | $0 |
| Total assets | $115,413 |
| Total liabilities | $1,477 |
| Net assets or fund balances | $113,936 |
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