Blackford-Grant Hud V Inc
- Assets
- $397.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Marion, IN
- Founding
- 08/2002
- Data as of
- 06/2023
- EIN
- 36-4494398
Organization Overview
Blackford-Grant Hud V Inc, operating under the name Skyridge Apartments, is located in Marion, IN. The organization was established in 2002. 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. Skyridge Apartments 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, Skyridge Apartments generated $156.2k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 15.9% each year . All expenses for the organization totaled $90.2k 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
THE ORGANIZATION PROVIDES AFFORDABLE HOUSING TO HANDICAPPED INDIVIDUALS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kathy Goodspeed Director | 1 | $0 | |
Mark Townsend Director | 1 | $0 | |
Sandy Langdon President | 1 | $0 | |
Patty Poulson Vice-President | 1 | $0 | |
Lisa A Dominisse Secretary/treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $81,625 |
| Membership dues | $0 |
| Investment income | $2 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $74,618 |
| Total Revenue | $156,245 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $9,215 |
| Professional fees and other payments to independent contractors | $8,948 |
| Occupancy, rent, utilities, and maintenance | $33,697 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $38,308 |
| Total expenses | $90,168 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $0 |
| Other assets | $0 |
| Total assets | $396,995 |
| Total liabilities | $798,446 |
| Net assets or fund balances | -$401,451 |