Lowden Retirement Housing Corporation is located in Lowden, IA. The organization was established in 1985. According to its NTEE Classification (P81) the organization is classified as: Senior Centers, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lowden Retirement Housing Corporation 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 12/2023, Lowden Retirement Housing Corporation generated $97.8k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 1.9% each year. All expenses for the organization totaled $79.8k during the year ending 12/2023. While expenses have increased by 3.3% per year over the past 9 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
2023
Describe the Organization's Program Activity:
Part 3
N/A
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bonnie Kintzel Director | 0 | $0 | |
Lisa Decker Secretary | 0 | $0 | |
Janet Olsen President | 2 | $0 | |
Judith Norton Treasurer | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $28,686 |
| Membership dues | $0 |
| Investment income | $48,553 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $20,579 |
| Total Revenue | $97,818 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $60,138 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $19,637 |
| Total expenses | $79,775 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $27,968 |
| Other assets | $0 |
| Total assets | $207,602 |
| Total liabilities | $306,603 |
| Net assets or fund balances | -$99,001 |