Goldfield Community Apartments Incorporated is located in Nashua, IA. The organization was established in 1973. According to its NTEE Classification (S99) the organization is classified as: Community Improvement & Capacity Building N.E.C., 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. Goldfield Community Apartments Incorporated 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, Goldfield Community Apartments Incorporated generated $57.8k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.7%) each year. All expenses for the organization totaled $57.2k during the year ending 12/2023. 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
PROVIDED RENTAL INCOME WITHIN THE GUIDELINES OF THE MISSION STATEMENT.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jill Sorensen President | 1 | $0 | |
Tom Stevenson Vice President | 1 | $0 | |
Scott Whyte Sec Treasurer | 1 | $0 | |
Ernie Lewis Director | 1 | $0 | |
Kay Connor Manager | 10 | $8,132 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $57,272 |
| Membership dues | $0 |
| Investment income | $91 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $388 |
| Total Revenue | $57,751 |
| 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 | $8,132 |
| Occupancy, rent, utilities, and maintenance | $27,148 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $21,879 |
| Total expenses | $57,159 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $93,695 |
| Other assets | $0 |
| Total assets | $166,421 |
| Total liabilities | $34,499 |
| Net assets or fund balances | $131,922 |