Columbia Villa Apartments Corporation is located in Kalispell, MT. The organization was established in 1997. According to its NTEE Classification (L20) the organization is classified as: Housing Development, Construction & Management, 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. Columbia Villa Apartments Corporation 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, Columbia Villa Apartments Corporation generated $9.9k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 30.4% each year . All expenses for the organization totaled $4.7k during the year ending 12/2023. While expenses have increased by 33.2% 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
SERVING AS THE GENERAL PARTNER IN A LOW INCOME HOUSING TAX CREDIT PARTNERSHIP THAT PROVIDES HOUSING FOR LOW INCOME SECTION 8 ELIGIBLE CITIZENS - 36 UNITS
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Wendy Nissen President | 0 | $0 | |
Steve Stanley Vice President | 0 | $0 | |
Laura Burrowes Secretary | 0 | $0 | |
Tracy Diaz Executive Dir. | 0 | $0 | |
Jim Hammons Director | 0 | $0 | |
Robin Haidle Director | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $8,872 |
| Membership dues | $0 |
| Investment income | $986 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $9,858 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $249 |
| Professional fees and other payments to independent contractors | $830 |
| Occupancy, rent, utilities, and maintenance | $8 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $3,564 |
| Total expenses | $4,651 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $68,399 |
| Other assets | $0 |
| Total assets | $68,399 |
| Total liabilities | $3,925 |
| Net assets or fund balances | $64,474 |