North Hills Terrace Inc
- Assets
- $393.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Batesville, AR
- Founding
- 03/2001
- Data as of
- 12/2023
- EIN
- 71-0851646
Organization Overview
North Hills Terrace Inc is located in Batesville, AR. The organization was established in 2001. 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. North Hills Terrace 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, North Hills Terrace Inc generated $88.3k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 2.9% each year. All expenses for the organization totaled $117.0k during the year ending 12/2023. While expenses have increased by 4.2% 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
NORTH HILLS TERRACE IS A US DEPT. OF HOUSING & URBAN DEVELOPMENT PROJECT WHICH PROVIDES HOUSING FOR LOW INCOME ELDERLY AND HANDICAPPED INDIVIDUALS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lamar Wright President | 0 | $0 | |
Kristin Odom Vice-President | 0 | $0 | |
Marilyn Lyons Secretary | 0 | $0 | |
Bill Lyons Director | 0 | $0 | |
Carol Cagle Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $53,826 |
| Total Program Service Revenue | $34,082 |
| Membership dues | $0 |
| Investment income | $33 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $328 |
| Total Revenue | $88,269 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $15,760 |
| Professional fees and other payments to independent contractors | $2,552 |
| Occupancy, rent, utilities, and maintenance | $7,415 |
| Printing, publications, postage, and shipping | $8,639 |
| Other expenses | $82,637 |
| Total expenses | $117,003 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $909 |
| Other assets | $0 |
| Total assets | $392,967 |
| Total liabilities | $8,996 |
| Net assets or fund balances | $383,971 |