Strawberry Homes Inc is located in Strawberry Point, IA. The organization was established in 1989. According to its NTEE Classification (L99) the organization is classified as: Housing & Shelter N.E.C., 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. Strawberry Homes 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 12/2022, Strawberry Homes Inc generated $85.4k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 2.5% each year. All expenses for the organization totaled $74.9k 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
THIS ORGANIZATION PROVIDES LOW INCOME, ELDERLY, AND DISABLED HOUSING UNITS BUILT IN 1974 AND RENTS THEM TO LOW INCOME, ELDERLY, AND DISABLED PEOPLE.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Compton President | 0.1 | $0 | |
Mike Brietbach Vice Preside | 0.1 | $0 | |
Randy Swales Sec./treas. | 0.1 | $0 | |
Carole Lohmann Director | 0.1 | $0 | |
Carl Martens Director | 0.1 | $0 | |
Pete Wood Director | 0.1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $79,380 |
| Membership dues | $0 |
| Investment income | $293 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $5,776 |
| Total Revenue | $85,449 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $7,670 |
| Professional fees and other payments to independent contractors | $1,430 |
| Occupancy, rent, utilities, and maintenance | $34,482 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $31,286 |
| Total expenses | $74,868 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $129,735 |
| Other assets | $0 |
| Total assets | $238,433 |
| Total liabilities | $29,770 |
| Net assets or fund balances | $208,663 |