Kentucky Manufactured Housing Institute
- Assets
- $1.8m
- Revenue
- $932.2k
- Investments
- $0.0
- Employees
- 4
- Location
- Frankfort, KY
- Founding
- 05/1967
- Data as of
- 12/2022
- EIN
- 61-0732785
Organization Overview
Kentucky Manufactured Housing Institute is located in Frankfort, KY. The organization was established in 1967. According to its NTEE Classification (L05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Housing & Shelter and related organizations. As of 12/2022, Kentucky Manufactured Housing Institute employed 4 individuals. This organization is the central organization for a national or regional group of organizations. Kentucky Manufactured Housing Institute is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2022, Kentucky Manufactured Housing Institute generated $932.2k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.0% each year. All expenses for the organization totaled $731.9k during the year ending 12/2022. While expenses have increased by 5.9% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE INFORMATION AND EDUCATION REGARDING MANUFACTURED HOUSING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE INFORMATION AND EDUCATION REGARDING MANUFACTURED HOUSING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Darin Heath Chairperson | OfficerTrustee | 0 | $0 |
Barry Noffsinger 1st Vice Chair | OfficerTrustee | 0 | $0 |
Dustin Ewing Secretary | OfficerTrustee | 0 | $0 |
Nathan Smith Treasurer | OfficerTrustee | 0 | $0 |
Amie Hacker 2nd Vice Chair | Trustee | 0 | $0 |
Don Sharp Past Chairperso | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| 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 | $0 |
| Total Program Service Revenue | $904,794 |
| Investment income | $27,405 |
| 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 | $932,199 |
| 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 | $203,962 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $42,316 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| 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 | $20,844 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $70,725 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $14,114 |
| Insurance | $8,104 |
| All other expenses | $16,043 |
| Total functional expenses | $731,903 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $118,548 |
| Savings and temporary cash investments | $150,652 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $11,215 |
| 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 | $0 |
| Net Land, buildings, and equipment | $323,114 |
| Investments—publicly traded securities | $1,156,911 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,760,440 |
| Accounts payable and accrued expenses | $4,580 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Total liabilities | $4,580 |
| Net assets without donor restrictions | $1,605,208 |
| Net assets with donor restrictions | $150,652 |
| 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 | $1,760,440 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Manufactured Housing Institute Arlington, VA | $9,862,453 | $6,811,851 |
Nwfa Education & Research Foundation St Charles, MO | $471,400 | $739,275 |
Kentucky Manufactured Housing Institute Frankfort, KY | $1,760,440 | $932,199 |
Missouri Manufactured Housing Institute Inc Jefferson City, MO | $746,225 | $296,097 |
Construction Specifications Institute Foundation Inc Alexandria, VA | $811,401 | $31,468 |
Area Research Co Chicago, IL | $27,984 | $0 |
Joel Forshaw Memorial Foundation Sandston, VA | $122 | $440 |