Strasburg Improvement Corporation is located in Strasburg, ND.
For the year ending 12/2023, Strasburg Improvement Corporation generated $72.6k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 1.1% each year. All expenses for the organization totaled $63.1k during the year ending 12/2023. While expenses have increased by 4.6% per year over the past 9 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
PROVIDING AFFORDABLE HOUSING TO LOW INCOME INDIVIDUALS IN RURAL NORTH DAKOTA
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Andrew Reis President/secretary | 1 | $0 | |
Clarence Wikenheiser Vice President | 1 | $0 | |
Tim Wikenheiser Director | 1 | $0 | |
Mark Kramer Director | 1 | $0 | |
Mark Schreiner Director | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $69,543 |
| Membership dues | $0 |
| Investment income | $1,957 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $1,100 |
| Total Revenue | $72,600 |
| 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 | $9,851 |
| Occupancy, rent, utilities, and maintenance | $52,353 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $868 |
| Total expenses | $63,072 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $193,733 |
| Other assets | $0 |
| Total assets | $431,750 |
| Total liabilities | $75,758 |
| Net assets or fund balances | $355,992 |