Mediapolis Community Housing Inc

“Expenses advertising 864 office exp. 3,381 other administrative expenses 3,515 interest 46,655 insurance 10,264 non-investment depreciation 17,523 total 82,202”

“Accounts receivable 933 175 prepaid expenses and deferred charges 648 385 building improvements 160,419 202,508 less accumulated depreciation 104,514 110,302 interoganization receivable 1,409 751 total 58,895 93,517”

“Accounts payable and accrued expenses 5,059 2,411 property taxes payable 5,134 0 security deposits payable 6,178 6,968 interorganizational payable 1,409 751 prepaid revenue 125 5 mortgage and other notes payable 514,629 545,035”

“Mediapolis community housing, inc. Is a nonprofit organization incorporated under the laws of the state of iowa for the purpose of operating a 16 unit elderly housing project known as mediapolis elderly housing (the elderly housing) located in mediapolis, iowa and an 8 unit family housing project known as mediapolis family housing(the family housing). The projects were financed and constructed under u.s. Department of agriculture (usda), rural development regulations. Under the program, mediapolis community housing, inc. Provides housing to the low and moderate-income elderly and families, subject to regulations by usda as to rental charges and operating methods. Lower rental charges to tenants are recovered by mediapolis community housing, inc. Through rental subsidies provided by usda.”

“The organization operates a 16-unit elderly housing project known as mediapolis elderly housing (the elderly housing) located in mediapolis, iowa and an 8-unit family housing project known as mediapolis family housing (the family housing).”