Cumberland Valley Apartments Inc
- Assets
- $280.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Burkesville, KY
- Founding
- 09/1988
- Data as of
- 05/2023
- EIN
- 61-0960827
Organization Overview
Cumberland Valley Apartments Inc is located in Burkesville, KY. The organization was established in 1988. 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. Cumberland Valley Apartments 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 05/2023, Cumberland Valley Apartments Inc generated $167.6k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.4% each year. All expenses for the organization totaled $159.7k during the year ending 05/2023. While expenses have increased by 0.9% 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
LOW INCOME HOUSING TO 20 NEEDY PERSONS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bob Hale Pres | 0 | $0 | |
Raymond Castillo Dir | 0 | $0 | |
Mike Mosby Dir | 0 | $0 | |
Beth Cash Sec | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $166,747 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $817 |
| Total Revenue | $167,564 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $60,500 |
| Professional fees and other payments to independent contractors | $10,400 |
| Occupancy, rent, utilities, and maintenance | $13,763 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $75,083 |
| Total expenses | $159,746 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $55,057 |
| Other assets | $0 |
| Total assets | $280,515 |
| Total liabilities | $110,267 |
| Net assets or fund balances | $170,248 |