Mature Living Of Bay Inc
- Assets
- $300.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Malvern, AR
- Founding
- 07/1990
- Data as of
- 12/2023
- EIN
- 71-0688513
Organization Overview
Mature Living Of Bay Inc is located in Malvern, AR. The organization was established in 1990. According to its NTEE Classification (C32) the organization is classified as: Water Resources, Wetlands Conservation & Management, under the broad grouping of Environment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mature Living Of Bay 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 12/2023, Mature Living Of Bay Inc generated $188.7k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 1.2% each year. All expenses for the organization totaled $180.7k during the year ending 12/2023. While expenses have increased by 2.0% per year over the past 9 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
TO PROVIDE LOW-INCOME HOUSING TO THE ELDERLY IN BAY, ARKANSAS BASED ON THE REQUIREMENTS SET FORTH BY THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
C Carl Schultz President | 0 | $0 | |
Cynthia Wheeler Secretary | 0 | $0 | |
Jeffrey Owens Treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $188,485 |
| Membership dues | $0 |
| Investment income | $194 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $188,679 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $35,537 |
| Professional fees and other payments to independent contractors | $18,513 |
| Occupancy, rent, utilities, and maintenance | $33,199 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $93,482 |
| Total expenses | $180,731 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $1,770 |
| Other assets | $0 |
| Total assets | $300,849 |
| Total liabilities | $271,353 |
| Net assets or fund balances | $29,496 |