Spring Hills Homes Inc
- Assets
- $349.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Jasper, AL
- Founding
- 10/1995
- Data as of
- 06/2022
- EIN
- 63-1130297
Organization Overview
Spring Hills Homes Inc is located in Jasper, AL. The organization was established in 1995. 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. Spring Hills Homes 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 06/2022, Spring Hills Homes Inc generated $67.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.4% each year. All expenses for the organization totaled $84.1k during the year ending 06/2022. While expenses have increased by 4.2% 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
PROVIDE HOUSING FOR MENTALLY ILL INDIVIDUALS IN A GROUP HOME SETTING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sally Holloway Board Member | 0 | $0 | |
Lavonne Madison Secretary-Tr | 0 | $0 | |
Kevin King President | 0 | $0 | |
Denise Gilliam VP | 0 | $0 | |
Roger Childers Board Member | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $39,552 |
| Total Program Service Revenue | $28,158 |
| Membership dues | $0 |
| Investment income | $3 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $67,713 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $7,700 |
| Professional fees and other payments to independent contractors | $12,937 |
| Occupancy, rent, utilities, and maintenance | $21,757 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $41,679 |
| Total expenses | $84,073 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $31,632 |
| Other assets | $0 |
| Total assets | $349,154 |
| Total liabilities | $731,194 |
| Net assets or fund balances | -$382,040 |
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