Southern Iowa Rural Housing Agency Inc in Creston, Iowa (IA)

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Southern Iowa Rural Housing Agency Inc
Employer Identification Number (EIN)421363531
Name of OrganizationSouthern Iowa Rural Housing Agency Inc
Address219 N Pine St, Creston, IA 50801-2413
ActivitiesLow income housing
SubsectionCivic League
Ruling Date08/1992
DeductibilityContributions are not deductible
FoundationAll organizations except 501(c)(3)
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2013
Assets$1,000,000 to $4,999,999
Income$500,000 to $999,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$2,332,302
Amount of Income$546,267
Form 990 Revenue Amount$51,414


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Financial snapshot ($)

Revenue for 2012

Statements Regarding Other IRS Filings and Tax Compliance (for 2012)
Did the organization have unrelated business gross income of $1,000 or more during the year?No
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities $0
Gross income from members or shareholders$0
Gross income from other sources$0
Statement of Revenue (for 2012)
Total revenue$72,940
Contributions, Gifts, Grants and Other Similar Amounts$0
Program Service Revenue$0
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$132
Income from investment of tax-exempt bond proceeds$0
Royalties$0
Net rental income$66,793
Gross rents (Real / Personal)$556,749 / $0
Less: rental expenses (Real / Personal)$489,956 / $0
Rental income or (loss) (Real / Personal)$66,793 / $0
Net gain from sales of assets other than inventory$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous Revenue$6,015
Statement of Functional Expenses (for 2012)
Total functional expenses$489,956
Compensation of current officers, directors, trustees, and key employees$0
Other salaries and wages$0
Payroll taxes$0
Professional fundraising services$0
Other$489,956
Balance Sheet (for 2012)
Total assets$2,343,740
Total liabilities$2,295,629
Tax-exempt bond liabilities$0
Secured mortgages and notes payable to unrelated third parties$2,230,437
Unsecured notes and loans payable to unrelated third parties$0
Other$65,192
Total net assets or fund balances$48,111
Retained earnings, endowment, accumulated income, or other funds$0
Reason for Public Charity Status (for 2012)
The organization is not a private foundation because it is:Not provided
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