Browning Development Inc
- Assets
- $278.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Greenville, SC
- Founding
- 11/1994
- Data as of
- 06/2023
- EIN
- 57-1002998
Organization Overview
Browning Development Inc is located in Greenville, SC. The organization was established in 1994. 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. Browning Development 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 06/2023, Browning Development Inc generated $98.5k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.4% each year. All expenses for the organization totaled $115.4k during the year ending 06/2023. While expenses have increased by 3.4% per year over the past 8 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
OPERATE AND MAINTAIN RESIDENCES FOR PERSONS WITH DEVELOPMENTAL DISABILITIES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
George Mcleer Sr Board Member | 0.25 | $0 | |
Bob Ariail Board Member | 0.25 | $0 | |
Bryant Nixon Chairman | 0.25 | $0 | |
Paul Hamberis Board Member | 0.25 | $0 | |
Jason Strand Vice Chair | 0.25 | $0 | |
Autumn Shearin Board Member | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $98,436 |
| Membership dues | $0 |
| Investment income | $24 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $98,460 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $34,659 |
| Professional fees and other payments to independent contractors | $9,713 |
| Occupancy, rent, utilities, and maintenance | $19,939 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $51,049 |
| Total expenses | $115,360 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $2,144 |
| Other assets | $0 |
| Total assets | $278,474 |
| Total liabilities | $659,706 |
| Net assets or fund balances | -$381,232 |