Sunburst Acres Inc

Organization Overview

Sunburst Acres Inc is located in Roseau, MN. The organization was established in 1994. 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. Sunburst Acres 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, Sunburst Acres Inc generated $121.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.4% each year. All expenses for the organization totaled $112.6k during the year ending 12/2021. While expenses have increased by 1.7% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

PROVIDE SUBSIDIZED HOUSING FOR LOW INCOME FAMILIES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDING SUBSIDIZED HOUSING FOR LOW INCOME FAMILIES. IN 2021, THEY HAD 17 APARTMENT UNITS AND WERE ABLE TO SERVE 20 FAMILIES.


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Board, Officers & Key Employees

Name (title)Compensation
Gloria Skrutvold
President
$5,400
Glen Johnson
Vice President
$0
Eileen Carter
Secretary
$0
Thora Halvorson
Treasurer
$0
Steve Dostal
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$121,204
Investment income $262
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $121,549

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