Safe Housing And Economic Development Inc, Shed in Welch, West Virginia (WV)

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Safe Housing And Economic Development Inc, Shed
Employer Identification Number (EIN)810583436
Name of OrganizationSafe Housing And Economic Development Inc
Secondary NameShed
In Care of NameSharon Yates
Address69 Wyoming St, Welch, WV 24801-2430
SubsectionCharitable Organization
Ruling Date05/2003
DeductibilityContributions are deductible
FoundationOrganization which receives a substantial part of its support from a governmental unit or the general public
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period06/2011
Assets$1,000,000 to $4,999,999
Income$500,000 to $999,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$1,693,492
Amount of Income$716,948
Form 990 Revenue Amount$716,948
National Taxonomy of Exempt Entities (NTEE)Housing, Shelter: Housing Development, Construction, Management


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Amount of income in 2011: $716,948 (it was $597,185 in 2010)
Safe Housing And Economic Development Inc, Shed: 

 $716,948
Other organizations performing similar types of work: 

 $139,990

Assets in 2011: $1,693,492 (it was $1,725,646 in 2010)
This organization: 

 $1,693,492
Other organizations performing similar types of work: 

 $733,330

Financial snapshot ($)

Revenue for 2011

Functional expenses for 2011

Support schedule

Statements Regarding Other IRS Filings and Tax Compliance (for 2011)
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 2011)
Total revenue$716,948
Contributions, Gifts, Grants and Other Similar Amounts$460,587
Program Service Revenue$179,553
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$32,020
Income from investment of tax-exempt bond proceeds$0
Royalties$0
Net rental income$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$44,788
Statement of Functional Expenses (for 2011)
Total functional expenses$766,708
Compensation of current officers, directors, trustees, and key employees$0
Other salaries and wages$135,011
Payroll taxes$22,299
Professional fundraising services$0
Other$609,398
Balance Sheet (for 2011)
Total assets$1,693,492
Total liabilities$1,090,267
Tax-exempt bond liabilities$0
Secured mortgages and notes payable to unrelated third parties$1,064,371
Unsecured notes and loans payable to unrelated third parties$0
Other$25,896
Total net assets or fund balances$603,225
Retained earnings, endowment, accumulated income, or other funds$0
Reason for Public Charity Status (for 2011)
The organization is not a private foundation because it is:An organization that normally receives a substantial part of its support from a governmental unit or from the general public described in section 170(b)(1)(A)(vi)
Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (for 2011)
2007 - 2011 Total
Total Support$1,952,701
Gifts, grants, contributions, and membership fees received$1,777,652
Tax revenues levied for the organization's benefit and either paid to or expended on its behalf$0
The value of services or facilities furnished by a governmental unit to the organization without charge$0
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources$175,049
Gross receipts from related activities, etc.$0
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Vf Affordable Housing Inc448 Depot St Ne, Christiansbrg, VA 24073-2050VA2000-11$722,899
2Vine Street Manor Housing Corp2300 Flora, Kansas City, MO 64108MO2004-03$325,519
3Hope Network, Group ReturnPO BOX 890, Grand Rapids, MI 49518-0890MI2011-02$120,911,567
4Oregon Affordable Housing Assistance Corporation725 Summer St Ne Ste B, Salem, OR 97301-1266OR2012-09$45,206,044
5Skill Creations IncPO BOX 1636, Goldsboro, NC 27533-1636NC2005-05$31,773,102
6Housing Enrichment Renaissance Board Community Development Corpor1510 Cecil B Moore Ave Ste 300, Philadelphia, PA 19121-3407PA2005-02$28,760,536
7Randolph County Affordable Housing And Development CorporationPO BOX 1579, Elkins, WV 26241-1579WV1995-11$1,143,612
8Safe Housing And Economic Development Inc, Shed69 Wyoming St, Welch, WV 24801-2430WV2003-05$716,948
9Southeastern Appalachian Rural Alliance IncRte 2 Box 142, Lewisburg, WV 24901WV2000-10$440,715
10Dream Home Development Inc1500 E Little Kanawha Hwy # 1, Grantsville, WV 26147-8152WV2001-05$312,471
11Housing Innovations Corporation1525 Washington St W, Charleston, WV 25387-2315WV2007-08$226,266
12Hospital Hospitality House Of Huntington Inc2801 S Staunton Rd, Huntington, WV 25702-1222WV1995-02$158,110
13Housing Connections Inc87 15th St Ste 438, Wheeling, WV 26003-3548WV2004-07$147,280
14Premier Park IncorporatedPO BOX 1327, Welch, WV 24801-1327WV2003-12$126,805
15Mountaineer Development CorporationPO BOX 93, Delbarton, WV 25670-0093WV1996-05$121,251
16Eden Park Inc724 10th Ave, Huntington, WV 25701-2733WV1999-06$92,270
17Greenbrier Manor IncPO BOX 2521, Weirton, WV 26062-1721WV1997-04$44,342
18Mulberry Manor Inc, Mulberry Manor Apartments3375 Us Rt 60 E, Huntington, WV 25705-2837WV2006-06$38,624
19Partnership For Affordable Housing Inc238 West Washington Street, Charles Town, WV 25414WV2009-02$0
20Wheeling Neighborhood Ventures IncorporatedPo Box 2089, Wheeling, WV 26003WV2011-12$0
Number of organizations performing similar types of work
Alaska13
Alabama74
Arkansas50
Arizona70
California562
Colorado59
Connecticut65
District of Columbia37
Delaware21
Florida261
Georgia182
Hawaii36
Iowa43
Idaho18
Illinois179
Indiana90
Kansas29
Kentucky56
Louisiana153
Massachusetts136
Maryland105
Maine36
Michigan185
Minnesota74
Missouri83
Mississippi43
Montana24
North Carolina129
North Dakota9
Nebraska32
New Hampshire14
New Jersey152
New Mexico17
Nevada25
New York362
Ohio177
Oklahoma52
Oregon48
Pennsylvania170
Rhode Island29
South Carolina67
South Dakota16
Tennessee102
Texas290
Utah28
Virginia102
Vermont10
Washington64
Wisconsin56
West Virginia23
Wyoming7
International32
Total4,697

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