Sherman Hill Association Inc
- Assets
- $64.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Des Moines, IA
- Founding
- 09/1977
- Data as of
- 12/2022
- EIN
- 42-1078722
Organization Overview
Sherman Hill Association Inc is located in Des Moines, IA. The organization was established in 1977. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, 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. Sherman Hill Association 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 12/2022, Sherman Hill Association Inc generated $53.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (26.6%) each year. All expenses for the organization totaled $40.5k 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
NEIGHBORHOOD REVITALIZATION AND PRESERVATION OF HISTORIC DISTRICT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Angela Broughton-Romain President | 2 | $0 | |
Kirsten Anderson Vice President | 2 | $0 | |
Phil Ohnemus Treasurer | 2 | $0 | |
Matt Warner-Blankenship Secretary | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $18,000 |
| Total Program Service Revenue | $33,477 |
| Membership dues | $1,512 |
| Investment income | $530 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $53,519 |
| 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 | $250 |
| Occupancy, rent, utilities, and maintenance | $5,927 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $33,082 |
| Total expenses | $40,509 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $64,699 |
| Other assets | $0 |
| Total assets | $64,699 |
| Total liabilities | $0 |
| Net assets or fund balances | $64,699 |