Gladbrook Housing Incorporated
- Assets
- $196.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Algona, IA
- Founding
- 10/1976
- Data as of
- 12/2022
- EIN
- 42-1059155
Organization Overview
Gladbrook Housing Incorporated is located in Algona, IA. The organization was established in 1976. 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. Gladbrook Housing 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 12/2022, Gladbrook Housing Incorporated generated $83.2k in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of 0.0% each year. All expenses for the organization totaled $81.7k during the year ending 12/2022. 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
2022
Describe the Organization's Program Activity:
Part 3
TO PROVIDE LOW RENT HOUSING FOR THE ELDERLY, DISABLED, AND FAMILIES IN THE GLADBROOK COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Susan Wegner President | 0 | $0 | |
Jack Sass Vice President | 0 | $0 | |
Jackie Stephenson Secretary/treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $78,664 |
| Membership dues | $0 |
| Investment income | $4 |
| Gain or Loss | $1,000 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $3,520 |
| Total Revenue | $83,188 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $8,400 |
| Professional fees and other payments to independent contractors | $7,500 |
| Occupancy, rent, utilities, and maintenance | $43,728 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $22,110 |
| Total expenses | $81,738 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $56,779 |
| Other assets | $0 |
| Total assets | $196,407 |
| Total liabilities | $5,672 |
| Net assets or fund balances | $190,735 |