Searsboro Manor Inc
- Assets
- $190.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- North English, IA
- Founding
- 03/2007
- Data as of
- 12/2022
- EIN
- 42-1106672
Organization Overview
Searsboro Manor Inc is located in North English, IA. The organization was established in 2007. 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. Searsboro Manor 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, Searsboro Manor Inc generated $54.7k in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 0.9% each year. All expenses for the organization totaled $46.9k during the year ending 12/2022. While expenses have increased by 0.9% per year over the past 3 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
12 UNITS INCOME BASED FAMILY HOUSING
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Peggy Guyer President | 0 | $0 | |
Jim Hoffstetter Vice President | 0 | $0 | |
Shirley Tremmel Secretary | 0 | $0 | |
Sherry Williams Member | 0 | $0 | |
Rick Sumpter Member | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $54,712 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $54,712 |
| 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 | $7,600 |
| Occupancy, rent, utilities, and maintenance | $24,571 |
| Printing, publications, postage, and shipping | $312 |
| Other expenses | $14,455 |
| Total expenses | $46,938 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $35,175 |
| Other assets | $0 |
| Total assets | $190,247 |
| Total liabilities | $48,584 |
| Net assets or fund balances | $141,663 |