Townsend Housing Inc
- Assets
- $89.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Helena, MT
- Founding
- 09/2011
- Data as of
- 12/2023
- EIN
- 81-0371435
Organization Overview
Townsend Housing Inc is located in Helena, MT. The organization was established in 2011. According to its NTEE Classification (L22) the organization is classified as: Senior Citizens Housing & Retirement Communities, 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. Townsend Housing 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, Townsend Housing Inc generated $139.5k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 3.4% each year. All expenses for the organization totaled $107.4k during the year ending 12/2023. While expenses have increased by 1.3% 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
RENTAL HOUSING FOR ELDERLY OR HANDICAPPED RURAL RESIDENTS OF LOW TO MODERATE INCOME.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joan Anderson Director | 0.1 | $0 | |
Jeff Miller Director | 0.1 | $0 | |
Lori Ladas President | 0.1 | $0 | |
Jerry Loendorf Vice President | 0.1 | $0 | |
Larry Middagh Secretary/ Treasurer | 0.1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $68,577 |
| Total Program Service Revenue | $70,908 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $139,485 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $33,293 |
| Occupancy, rent, utilities, and maintenance | $68,578 |
| Printing, publications, postage, and shipping | $4 |
| Other expenses | $5,475 |
| Total expenses | $107,350 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $41,055 |
| Other assets | $0 |
| Total assets | $89,161 |
| Total liabilities | $87,839 |
| Net assets or fund balances | $1,322 |