Pocahontas Homes Inc is located in Algona, IA. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pocahontas Homes Inc 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 10/2023, Pocahontas Homes Inc generated $117.7k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 2.8% each year. All expenses for the organization totaled $108.8k during the year ending 10/2023. While expenses have increased by 5.2% per year over the past 4 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
TO PROVIDE LOW RENT HOUSING FOR THE ELDERLY, DISABLED, AND FAMILIES. RENT IS BASED ON 30% OF THE APPLICANT'S YEARLY ADJUSTED INCOME WITH THE REMAINDER SUBSIDIZED BY USDA/RURAL DEVELOPMENT. THIS ORGANIZATION MADE IT POSSIBLE FOR 28 FAMILIES TO FIND SAFE AND AFFORDABLE HOUSING IN POCAHONTAS.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jim Hudson President | 0 | $0 | |
Kyle Smith Vice President | 0 | $0 | |
Howard Patttee Secretary | 0 | $0 | |
Pastor Killian Director | 0 | $0 | |
George Tuttle Director | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $115,038 |
| Membership dues | $0 |
| Investment income | $669 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $2,022 |
| Total Revenue | $117,729 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $7,659 |
| Professional fees and other payments to independent contractors | $18,497 |
| Occupancy, rent, utilities, and maintenance | $56,937 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $25,700 |
| Total expenses | $108,793 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $138,477 |
| Other assets | $0 |
| Total assets | $188,302 |
| Total liabilities | $63,521 |
| Net assets or fund balances | $124,781 |