The Open Hearth Association
- Assets
- $5.2m
- Revenue
- $2.6m
- Investments
- $0.0
- Employees
- 42
- Location
- Hartford, CT
- Founding
- 04/1935
- Data as of
- 12/2021
- EIN
- 06-0646773
Organization Overview
The Open Hearth Association is located in Hartford, CT. The organization was established in 1935. According to its NTEE Classification (L41) the organization is classified as: Homeless Shelters, under the broad grouping of Housing & Shelter and related organizations. As of 12/2021, Open Hearth Association employed 42 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Open Hearth Association 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 12/2021, Open Hearth Association generated $2.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.2% each year. All expenses for the organization totaled $2.6m during the year ending 12/2021. While expenses have increased by 0.5% per year over the past 7 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE FOOD, SHELTER AND TRANSITIONAL LIVING PROGRAMS TO HOMELESS AND UNEMPLOYED MEN AND GIVE THEM REHABILITION AND VOCATIONAL GUIDANCE TO RE-ESTABLISH THEMSELVES IN THE WORKFORCE AND COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CT-DOC-WORK READINESS PROGRAM: THIS IS A 42 BED RESIDENTIAL RECOVERY/WORK READINESS PROGRAM. MEN ARE "PLACED" INTO THIS PROGRAM FOR WORK READINESS TRAINING AS THEY TRANSITION OUT OF "INCARCERATION AND BACK INTO FULL PARTICIPATION IN THE COMMUNITY.CT-DSS-TRANSITIONAL LIVING PROGRAM: THIS IS A 43 BED RESIDENTIAL RECOVERY/WORK SKILLS TRAINING PROGRAM DESIGNED TO PROVIDE MEN, OVER A TWO-YEAR PERIOD, WITH A FULL RANGE OF SUPPORT SYSTEMS WHICH (ALONG WITH PERSONAL COMMITMENT AND FOCUS) MAKE "RECOVERY AND "WORK" POSSIBLE.
THE EMERGENCY SHELTER PROGRAM IS A 25 BED FACILITY THAT PROVIDES FOOD AND SHELTER TO HOMELESS MEN FOR UP TO 14 DAYS. THE SERVICES ARE OFFERED FROM 3:30PM TO 7:00AM DAILY. SERVICES PROVIDED INCLUDE DINNER, BED, SHOWER, BREAKFAST AND CLINICAL CASE MANAGEMENT.
WOODYARD - THE OPEN HEARTH'S PRIMARY GOAL IS TO HELP HOMELESS MEN ENHANCE THEIR CAPACITY FOR SELF-HELP, SELF-RESPECT AND DIGNITY, AND, TO ACHIEVE THEIR FULL POTENTIAL. THE WOOD PRODUCTS BUSINESS PROCESSES RAW TIMBER INTO FIREWOOD AND SELLS ITEMS DIRECTLY TO COMMERCIAL AND RESIDENTIAL CUSTOMERS. THE WOOD PRODUCTS OPERATION HELPS THE MEN LEARN A STRONG WORK ETHIC AND MARKETABLE JOB HABITS SUCH AS PUNCTUALITY AND RELIABILITY EACH TIME A WOOD PRODUCT IS SOLD.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marilyn Rossetti Executive Director | Officer | 40 | $151,049 |
Michael Agli Treasurer | OfficerTrustee | 0.5 | $0 |
Brian Patrick Sullivan President | OfficerTrustee | 0.5 | $0 |
Tom Veilleux Vice President | OfficerTrustee | 0.5 | $0 |
Steven Austin Board Member | Trustee | 0.5 | $0 |
Don Chapman Board Member | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $20,833 |
| Membership dues | $0 |
| Fundraising events | $30,661 |
| Related organizations | $0 |
| Government grants | $1,381,127 |
| All other contributions, gifts, grants, and similar amounts not included above | $709,355 |
| Noncash contributions included in lines 1a–1f | $1,472 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,141,976 |
| Total Program Service Revenue | $158,287 |
| Investment income | $113,669 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $183,363 |
| Net Income from Fundraising Events | -$7,131 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | -$9,709 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,580,455 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $151,050 |
| Compensation of current officers, directors, key employees. | $21,173 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,164,886 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $138,884 |
| Payroll taxes | $101,764 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $25,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $4,074 |
| Fees for services: Other | $61,037 |
| Advertising and promotion | $37 |
| Office expenses | $106,871 |
| Information technology | $33,720 |
| Royalties | $0 |
| Occupancy | $140,715 |
| Travel | $21,364 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $6,495 |
| Interest | $279 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $221,090 |
| Insurance | $111,948 |
| All other expenses | $1,559 |
| Total functional expenses | $2,609,021 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $229,489 |
| Savings and temporary cash investments | $80,281 |
| Pledges and grants receivable | $28,644 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $29,547 |
| Net Land, buildings, and equipment | $1,941,696 |
| Investments—publicly traded securities | $2,869,163 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $5,178,820 |
| Accounts payable and accrued expenses | $248,419 |
| Grants payable | $0 |
| Deferred revenue | $1,667 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $69,502 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $319,588 |
| Net assets without donor restrictions | $4,378,560 |
| Net assets with donor restrictions | $480,672 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $5,178,820 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that The Open Hearth Association has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
Farmington Bank Community Foundation Inc Hartford, CT PURPOSE: THE WORKING MANS CENTER | $10,000 |
Endowment Analysis
| Beg. Balance | $2,936,441 |
| Earnings | $324,637 |
| Other Expense | $141,912 |
| Ending Balance | $3,119,166 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Ali Forney Center New York, NY | $7,623,264 | $19,818,161 |
Jericho Project New York, NY | $18,950,420 | $17,611,803 |
Middlesex Human Service Agency Inc Waltham, MA | $4,587,746 | $16,335,649 |
Columbus House New Haven, CT | $15,682,244 | $16,470,970 |
Rosies Place Inc Boston, MA | $38,499,401 | $18,742,725 |
Vietnam Veterans Workshop Inc Boston, MA | $30,041,487 | $14,388,519 |
Lifting Up Westchester Inc White Plains, NY | $11,378,064 | $11,870,807 |
Lazarus House Incorporated Lawrence, MA | $10,094,845 | $10,908,998 |
St Christophers Inn Inc Garrison, NY | $7,329,399 | $7,259,618 |
Citizens Inn Inc Peabody, MA | $4,459,514 | $7,948,455 |
Casa Nueva Vida Inc Jamaica Plain, MA | $5,246,257 | $6,906,290 |
Rhode Island Coalition For The Homeless Pawtucket, RI | $2,340,548 | $6,624,624 |