Heritage Christian Services Foundation Inc
- Assets
- $23.3m
- Revenue
- $2.5m
- Investments
- $180.3k
- Employees
- 0
- Location
- Rochester, NY
- Founding
- 07/1989
- Data as of
- 12/2022
- EIN
- 16-1318395
Organization Overview
Heritage Christian Services Foundation Inc is located in Rochester, NY. The organization was established in 1989. According to its NTEE Classification (P75) the organization is classified as: Supportive Housing for Older Adults, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Heritage Christian Services Foundation Inc 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 12/2022, Heritage Christian Services Foundation Inc generated $2.5m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.2% each year. All expenses for the organization totaled $1.3m during the year ending 12/2022. While expenses have increased by 1.6% per year over the past 8 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
HERITAGE CHRISTIAN SERVICES AND ITS FOUNDATION BELIEVE THE FINANCIAL SEEDS PLANTED NOW WILL HELP ENSURE A BETTER HARVEST TOMORROW. THAT'S WHY THE FOUNDATION WORKS DILIGENTLY TO RAISE MONEY SO THAT THE AGENCY'S FUTURE IS SECURE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUPPORT OF HERITAGE CHRISTIAN SERVICES, INC. (501(C)(3))
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Scott Lefebre Chair | OfficerTrustee | 1 | $0 |
Stephanie Seiffert Vice Chair | OfficerTrustee | 1 | $0 |
Kevin Best Treasurer | OfficerTrustee | 1 | $0 |
Mike Osborn Secretary | OfficerTrustee | 1 | $0 |
Lisa Arrington Member | Trustee | 1 | $0 |
Rick Kasperski Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $2,880 |
| Membership dues | $0 |
| Fundraising events | $220,534 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,890,930 |
| Noncash contributions included in lines 1a–1f | $54,577 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,114,344 |
| Total Program Service Revenue | $0 |
| Investment income | $259,673 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $126,012 |
| Net Income from Fundraising Events | -$65,026 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,454,484 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $613,009 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $447,045 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $11,679 |
| Advertising and promotion | $0 |
| Office expenses | $1,929 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $1,345,834 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $2,132,029 |
| Pledges and grants receivable | $427,539 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $379,244 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $14,644,740 |
| Investments—other securities | $180,329 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $5,526,589 |
| Total assets | $23,290,470 |
| Accounts payable and accrued expenses | $11,820 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| 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 | $5,290,805 |
| Total liabilities | $5,302,625 |
| Net assets without donor restrictions | $13,418,677 |
| Net assets with donor restrictions | $4,569,168 |
| 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 | $23,290,470 |