Chippewa Valley Ecumenical Housing Inc
- Assets
- $385.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Eau Claire, WI
- Founding
- 08/1985
- Data as of
- 12/2021
- EIN
- 39-1503681
Organization Overview
Chippewa Valley Ecumenical Housing Inc is located in Eau Claire, WI. The organization was established in 1985. According to its NTEE Classification (L22) the organization is classified as: Senior Citizens Housing & Retirement Communities, 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. Chippewa Valley Ecumenical 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 12/2021, Chippewa Valley Ecumenical Housing Inc generated $164.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.3% each year. All expenses for the organization totaled $135.5k during the year ending 12/2021. While expenses have increased by 1.2% per year over the past 7 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
2021
Describe the Organization's Program Activity:
Part 3
OWNS AND OPERATES AN 18-UNIT LOW-INCOME APARTMENT COMPLEX PROJECT, UNDER HUD SECTION 202, LOCATED IN CHIPPEWA FALLS, WISCONSIN. THE AVERAGE OCCUPANCY OF THE APARTMENTS WAS 94% IN 2021.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kelly Larson CFO | 0.5 | $0 | |
Dr Dale Reid Vice President | 0.5 | $0 | |
Geri Long Board Member | 0.5 | $0 | |
Barb Radke Board Member | 0.5 | $0 | |
Amy Duhr CEO | 0.5 | $0 | |
Kathi Sue Krause Board Member | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $104,335 |
| Total Program Service Revenue | $57,045 |
| Membership dues | $0 |
| Investment income | $39 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $3,358 |
| Total Revenue | $164,777 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $28,028 |
| Professional fees and other payments to independent contractors | $16,128 |
| Occupancy, rent, utilities, and maintenance | $16,634 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $74,711 |
| Total expenses | $135,501 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $6,921 |
| Other assets | $0 |
| Total assets | $385,157 |
| Total liabilities | $476,954 |
| Net assets or fund balances | -$91,797 |
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