Archway Apartments Inc
- Assets
- $386.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Russellville, AR
- Founding
- 01/1988
- Data as of
- 06/2022
- EIN
- 71-0648594
Organization Overview
Archway Apartments Inc is located in Russellville, AR. The organization was established in 1988. 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. Archway 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, Archway Apartments Inc generated $166.5k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.5%) each year. All expenses for the organization totaled $138.1k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (2.9%) per year over the past 7 years. 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 DEVELOPMENTALLY DISABLED
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Benny Harris Director | 0 | $0 | |
Todd Meimerstorf Director | 0 | $0 | |
Tom Hill Director | 0 | $0 | |
Craig Cloud Chief Executive Officer | 0 | $0 | |
Debbie Brown Controller | 1 | $0 | |
Bert Mullins President | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $107,845 |
| Total Program Service Revenue | $58,649 |
| Membership dues | $0 |
| Investment income | $42 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $166,536 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $8,165 |
| Professional fees and other payments to independent contractors | $15,874 |
| Occupancy, rent, utilities, and maintenance | $53,816 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $60,268 |
| Total expenses | $138,123 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $214,697 |
| Other assets | $0 |
| Total assets | $386,916 |
| Total liabilities | $314,656 |
| Net assets or fund balances | $72,260 |