Hospital Hospitality House Of Winston-Salem
- Assets
- $6.8m
- Revenue
- $1.6m
- Investments
- $0.0
- Employees
- 24
- Location
- Winstonsalem, NC
- Founding
- 11/2005
- Data as of
- 12/2023
- EIN
- 20-3604576
Organization Overview
Hospital Hospitality House Of Winston-Salem, operating under the name Secu Family House, is located in Winstonsalem, NC. The organization was established in 2005. According to its NTEE Classification (E86) the organization is classified as: Patient & Family Support, under the broad grouping of Health Care and related organizations. As of 12/2023, Secu Family House employed 24 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Secu Family House 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 12/2023, Secu Family House generated $1.6m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 7.5% each year. All expenses for the organization totaled $1.6m during the year ending 12/2023. While expenses have increased by 6.4% per year over the past 9 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE SECU FAMILY HOUSE ON THE RICHARD J. REYNOLDS III & MARIE M. REYNOLDS CAMPUS PROVIDES AFFORDABLE LODGING AND SUPPORTIVE CARE TO ADULT PATIENTS AND THEIR FAMILIES WHO TRAVEL TO WINSTON-SALEM, NC FOR THEIR MEDICAL CARE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE SECU FAMILY HOUSE PROVIDES THE ONLY AFFORDABLE LODGING IN A CARING ENVIRONMENT FOR ADULT PATIENTS AND/OR THEIR CAREGIVERS WHO TRAVEL TO WINSTON SALEM FOR MEDICAL TREATMENT IN THE AREA. GUESTS PAY JUST 40/ROOM/NIGHT TO STAY. APPROXIMATELY 16% OF FAMILIES UTILIZE FINANCIAL ASSISTANCE TO STAY AT A REDUCED RATE, MEANING THEY FALL BELOW THE FEDERAL POVERTY LEVEL. ONE MAJOR BARRIER TO HEALTH CARE IS COST, AND MANY FAMILIES OPT-OUT OF RECEIVING THE BEST CARE POSSIBLE BECAUSE OF FINANCES. IN ADDITION TO THE DIRECT MEDICAL COSTS OF TREATMENTS, THERE ARE SECONDARY COSTS THAT INCLUDE TRAVEL, SHELTER, AND FOOD EXPENSES. BY PROVIDING FAMILIES WITH STEEPLY DISCOUNTED LODGING, WE ARE LESSENING THE SOCIOECONOMIC AND GEOGRAPHIC BARRIERS THAT MAY PREVENT PATIENTS FROM RECEIVING NECESSARY CARE. SINCE OPENING IN 2011, THE FAMILY HOUSE HAS SERVED MORE THAN MORE THAN 52,500 GUESTS. GUESTS HAVE TRAVELED FROM 96 NORTH CAROLINA COUNTIES AND 45 STATES AND 11 COUNTRIES. ONCE AT THE FAMILY HOUSE, GUESTS ARE PROVIDED WITH AFFORDABLE FAMILY- FOCUSED ACCOMMODATIONS AND SUPPORT. GUESTS HAVE ACCESS TO AMENITIES SUCH AS TRANSPORTATION TO AND FROM THE HOSPITAL, A FULL KITCHEN AND DINING ROOM WITH SOME MEALS PROVIDED BY VOLUNTEER GROUPS, A LAUNDRY ROOM, WIRELESS INTERNET, AND FELLOWSHIP WITH OTHER GUESTS OR FULL PRIVACY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kathryn Carr Executive Di | Officer | 40 | $83,721 |
Erik Summers Director | Trustee | 1 | $0 |
Will Barnes Director | Trustee | 1 | $0 |
Nicole Brenner Director | Trustee | 1 | $0 |
Christine Fariss Director | Trustee | 1 | $0 |
Chris Hewitt Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $180,097 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $897,875 |
| Noncash contributions included in lines 1a–1f | $180,894 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,077,972 |
| Total Program Service Revenue | $477,527 |
| Investment income | $61,041 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$323 |
| Net Income from Fundraising Events | -$10,519 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,612,792 |
| 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. | $85,401 |
| Compensation of current officers, directors, key employees. | $7,975 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $616,993 |
| Pension plan accruals and contributions | $7,611 |
| Other employee benefits | $10,823 |
| Payroll taxes | $54,126 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $7,545 |
| Fees for services: Accounting | $15,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $14,233 |
| Fees for services: Other | $112,944 |
| Advertising and promotion | $25,605 |
| Office expenses | $28,729 |
| Information technology | $20,263 |
| Royalties | $0 |
| Occupancy | $88,493 |
| Travel | $11,079 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,003 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $173,961 |
| Insurance | $18,527 |
| All other expenses | $58,252 |
| Total functional expenses | $1,550,240 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $234,662 |
| Savings and temporary cash investments | $568,873 |
| Pledges and grants receivable | $4,406 |
| Accounts receivable, net | $25,366 |
| 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 | $35,267 |
| Net Land, buildings, and equipment | $4,247,190 |
| Investments—publicly traded securities | $1,669,933 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $41,799 |
| Total assets | $6,827,496 |
| Accounts payable and accrued expenses | $46,350 |
| Grants payable | $0 |
| Deferred revenue | $12,500 |
| 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 | $7,193 |
| Total liabilities | $66,043 |
| Net assets without donor restrictions | $5,848,294 |
| Net assets with donor restrictions | $913,159 |
| 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 | $6,827,496 |