Jewell Housing Incorporated is located in Algona, IA. The organization was established in 1998. 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. Jewell 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, Jewell Housing Incorporated generated $92.2k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 5.2% each year. All expenses for the organization totaled $79.0k during the year ending 12/2022. While expenses have increased by 1.1% 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
2022
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 16 FAMILIES TO FIND SAFE AND AFFORDABLE HOUSING IN JEWELL.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ellen Hagen President | 0 | $0 | |
Sonja Fisher Vice President | 0 | $0 | |
Judy Arndt Secretary/treasurer | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $88,895 |
| Membership dues | $0 |
| Investment income | $11 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $3,245 |
| Total Revenue | $92,151 |
| 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 | $10,988 |
| Occupancy, rent, utilities, and maintenance | $47,613 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $20,441 |
| Total expenses | $79,042 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $46,200 |
| Other assets | $0 |
| Total assets | $152,121 |
| Total liabilities | $57,940 |
| Net assets or fund balances | $94,181 |