Forman Housing Association
- Assets
- $90.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Mott, ND
- Founding
- 02/1975
- Data as of
- 12/2022
- EIN
- 45-6038728
Organization Overview
Forman Housing Association is located in Mott, ND. The organization was established in 1975. According to its NTEE Classification (L03) the organization is classified as: Professional Societies & 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. Forman Housing Association 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, Forman Housing Association generated $83.2k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.4%) each year. All expenses for the organization totaled $81.7k 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
WE ARE A HOUSING PROJECT THAT OFFERS 16 APARTMENTS TO LOW INCOME AND ELDERLY TENANTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robin Ulrich Manager | 5 | $9,600 | |
Dave Martinsen President | 1 | $0 | |
Wallace Herman Vice-Preside | 1 | $0 | |
Benita Ziegler Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $80,954 |
| Membership dues | $0 |
| Investment income | $14 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $2,249 |
| Total Revenue | $83,217 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $12,918 |
| Professional fees and other payments to independent contractors | $545 |
| Occupancy, rent, utilities, and maintenance | $36,105 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $32,175 |
| Total expenses | $81,743 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $30,284 |
| Other assets | $0 |
| Total assets | $90,830 |
| Total liabilities | $35,892 |
| Net assets or fund balances | $54,938 |
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