Russellville Heritage Apartments Inc is located in Russellville, AR. The organization was established in 1983. According to its NTEE Classification (L21) the organization is classified as: Low-Income & Subsidized Rental Housing, 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. Russellville Heritage 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 06/2022, Russellville Heritage Apartments Inc generated $142.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.9% each year. All expenses for the organization totaled $124.0k during the year ending 06/2022. 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
HOUSING FOR LOW INCOME AND DEVELOPMENTALLY DISABLED
| Name (title) | Role | Hours | Compensation | 
|---|---|---|---|
| Bert Mullins Director | 0 | $0 | |
| Sheree Burnett Director | 0 | $0 | |
| Todd Meimerstorf Director | 0 | $0 | |
| Craig Cloud Chief Executive Officer | 0 | $0 | |
| Fred Fullerton President | 0 | $0 | |
| Debbie Brown Controller | 1 | $0 | 
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $85,825 | 
| Total Program Service Revenue | $56,376 | 
| Membership dues | $0 | 
| Investment income | $24 | 
| Gain or Loss | $0 | 
| Net Income from Gaming & Fundraising | $0 | 
| Other Revenue | $0 | 
| Total Revenue | $142,225 | 
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 | 
| Benefits paid to or for members | $0 | 
| Salaries, other compensation, and employee benefits | $9,605 | 
| Professional fees and other payments to independent contractors | $14,539 | 
| Occupancy, rent, utilities, and maintenance | $57,560 | 
| Printing, publications, postage, and shipping | $0 | 
| Other expenses | $42,252 | 
| Total expenses | $123,956 | 
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $101,134 | 
| Other assets | $0 | 
| Total assets | $190,592 | 
| Total liabilities | $223,662 | 
| Net assets or fund balances | -$33,070 |