Maple Apartments Of Richmond
- Assets
- $144.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- St Cloud, MN
- Founding
- 09/2000
- Data as of
- 12/2023
- EIN
- 41-1975564
Organization Overview
Maple Apartments Of Richmond is located in St Cloud, MN. The organization was established in 2000. According to its NTEE Classification (L20) the organization is classified as: Housing Development, Construction & Management, 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. Maple Apartments Of Richmond 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 12/2023, Maple Apartments Of Richmond generated $86.0k in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (0.2%) each year. All expenses for the organization totaled $87.3k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (0.6%) per year over the past 5 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
2023
Describe the Organization's Program Activity:
Part 3
WE PROVIDED 16 HOUSING UNITS TO LOW AND MODERATE INCOME FAMILIES, ON A NON-PROFIT BASIS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steve Bresnahan Board President | 0.07 | $0 | |
Renae Sternke Board Vice President | 0.07 | $0 | |
Tonya Schmidt Board Secretary/treasurer | 0.07 | $0 | |
Joanne Broschofsky Director Of Finance | 1 | $0 | |
Stacy Pederson Director Of Affordable & Transitional Housing | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $85,955 |
| Membership dues | $0 |
| Investment income | $14 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $85,969 |
| 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 | $30,330 |
| Occupancy, rent, utilities, and maintenance | $55,845 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $1,149 |
| Total expenses | $87,324 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $60,993 |
| Other assets | $0 |
| Total assets | $144,395 |
| Total liabilities | $529,809 |
| Net assets or fund balances | -$385,414 |