Allerton Housing Association Inc
- Assets
- $83.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Algona, IA
- Founding
- 08/1977
- Data as of
- 12/2023
- EIN
- 42-1082520
Organization Overview
Allerton Housing Association Inc is located in Algona, IA. The organization was established in 1977. According to its NTEE Classification (L50) the organization is classified as: Homeowners & Tenants Associations, 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. Allerton Housing Association 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 12/2023, Allerton Housing Association Inc generated $57.1k in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (0.1%) each year. All expenses for the organization totaled $58.2k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (2.4%) 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
TO PROVIDE LOW RENT HOUSING FOR THE ELDERLY, DISABLED, AND FAMILIES. RENT IS BASED ON 30% OF THE APPLICANT'S YEARLY INCOME WITH THE REMAINDER SUBSIDIZED BY USDA/RURAL DEVELOPMENT. THIS ORGANIZATION MADE IT POSSIBLE FOR 12 FAMILIES TO FIND SAFE AND AFFORDABLE HOUSING IN ALLERTON.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Norma Bettis President | 0 | $0 | |
Milo Bettis Vice President | 0 | $0 | |
Nancy Ondrashek Secretary/treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $54,491 |
| Membership dues | $0 |
| Investment income | $139 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $2,427 |
| Total Revenue | $57,057 |
| 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 | $9,426 |
| Occupancy, rent, utilities, and maintenance | $32,260 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $16,524 |
| Total expenses | $58,210 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $48,191 |
| Other assets | $0 |
| Total assets | $83,063 |
| Total liabilities | $18,819 |
| Net assets or fund balances | $64,244 |