Northampton United Methodist Housing Corporation
- Assets
- $1.5m
- Revenue
- $392.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Roanoke, VA
- Founding
- 04/1998
- Data as of
- 06/2023
- EIN
- 54-1890440
Organization Overview
Northampton United Methodist Housing Corporation is located in Roanoke, VA. The organization was established in 1998. According to its NTEE Classification (P75) the organization is classified as: Supportive Housing for Older Adults, 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. Northampton United Methodist 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 06/2023, Northampton United Methodist Housing Corporation generated $392.5k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.2% each year. All expenses for the organization totaled $342.0k during the year ending 06/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
LOW-INCOME ELDERLY HOUSING
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION PROVIDES HOUSING FOR LOW-INCOME ELDERLY AND/OR HANDICAPPED PERSONS. THE APARTMENTS (46 UNITS) ARE SUBSIDIZED BY HUD SECTION 202 GRANT AND PROJECT RENTAL ASSISTANCE CONTRACT PAYMENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Larry Dickenson President | OfficerTrustee | 24 | $0 |
Rev Ernest Herndon Jr Secretary | OfficerTrustee | 1 | $0 |
Dr James G O'quinn Vice President | OfficerTrustee | 1 | $0 |
David Dommisse Director | Trustee | 1 | $0 |
Monty Cox Director | Trustee | 1 | $0 |
David Brown Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $201,446 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $201,446 |
| Total Program Service Revenue | $190,883 |
| Investment income | $168 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $392,497 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $56,059 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $11,997 |
| Payroll taxes | $4,107 |
| Fees for services: Management | $33,251 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $10,117 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $5,233 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $122,799 |
| Travel | $59 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $52,226 |
| Insurance | $38,145 |
| All other expenses | $0 |
| Total functional expenses | $341,980 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $13,725 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $7,351 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $27,585 |
| Net Land, buildings, and equipment | $1,150,252 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $308,159 |
| Total assets | $1,507,072 |
| Accounts payable and accrued expenses | $33,633 |
| Grants payable | $0 |
| Deferred revenue | $2,501 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $2,608,256 |
| Total liabilities | $2,644,390 |
| Net assets without donor restrictions | -$1,137,318 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,507,072 |