Delta Nu Housing Corporation
- Assets
- $249.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Flint, MI
- Founding
- 06/2002
- Data as of
- 12/2022
- EIN
- 38-3615341
Organization Overview
Delta Nu Housing Corporation is located in Flint, MI. The organization was established in 2002. According to its NTEE Classification (S47) the organization is classified as: Real Estate Associations, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Delta Nu Housing Corporation is a 501(c)(2) and as such, is described as a "Title Holding Corporation for an Exempt Organization" by the IRS.
For the year ending 12/2022, Delta Nu Housing Corporation generated $62.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (4.7%) each year. All expenses for the organization totaled $37.0k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (0.3%) per year over the past 4 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
0
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mackenzie Stratton President | 7 | $0 | |
Alexandria Minerath Vice President Secretary | 2 | $0 | |
Julie Clark Treasurer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $61,966 |
| Investment income | $4 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $61,970 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $24,050 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $12,902 |
| Total expenses | $36,952 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $128,229 |
| Other assets | $0 |
| Total assets | $248,951 |
| Total liabilities | $70,830 |
| Net assets or fund balances | $178,121 |