University Gardens Inc is located in Little Rock, AR. The organization was established in 1987. According to its NTEE Classification (L22) the organization is classified as: Senior Citizens Housing & Retirement Communities, 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. University Gardens 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 12/2022, University Gardens Inc generated $194.4k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.4% each year. All expenses for the organization totaled $162.3k during the year ending 12/2022. While expenses have increased by 1.4% per year over the past 7 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
2022
Describe the Organization's Program Activity:
Part 3
PROVIDING LOW INCOME HOUSING FOR ELDERLY AND HANDICAPPED PERSONS IN BEEBE, ARKANSAS
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jack Wilson President | 0.1 | $0 | |
Becky Brown Vice-President | 0.1 | $0 | |
Paula Gray Sec/treas | 0.1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $193,368 |
| Membership dues | $0 |
| Investment income | $1,046 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $194,414 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $25,678 |
| Professional fees and other payments to independent contractors | $14,511 |
| Occupancy, rent, utilities, and maintenance | $89,978 |
| Printing, publications, postage, and shipping | $8,079 |
| Other expenses | $24,006 |
| Total expenses | $162,252 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $22,075 |
| Other assets | $0 |
| Total assets | $399,271 |
| Total liabilities | $276,081 |
| Net assets or fund balances | $123,190 |