Orr Housing Corp is located in Orr, MN. The organization was established in 1978. According to its NTEE Classification (L50) the organization is classified as: Homeowners & Tenants Associations, 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. Orr Housing Corp is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2023, Orr Housing Corp generated $119.2k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 3.6% each year. All expenses for the organization totaled $94.4k during the year ending 12/2023. While expenses have increased by 0.3% 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
OPERATION OF AN APARTMENT COMPLEX OF 23 UNITS IN ORR, MN
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michelle Manick President | 10 | $0 | |
Beverly Knett Vice President | 1 | $0 | |
Joyce Carver Director | 1 | $0 | |
Jeff Francke Vice President | 1 | $0 | |
Heather Fealy Director | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $507 |
| Membership dues | $0 |
| Investment income | $118,709 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $119,216 |
| 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 | $94,401 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $0 |
| Total expenses | $94,401 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $31,776 |
| Other assets | $0 |
| Total assets | $117,698 |
| Total liabilities | $133,286 |
| Net assets or fund balances | -$15,588 |