Hosanna Industries Inc
- Assets
- $5.0m
- Revenue
- $1.2m
- Investments
- $0.0
- Employees
- 11
- Location
- Gibsonia, PA
- Founding
- 06/1991
- Data as of
- 12/2023
- EIN
- 25-1626784
Organization Overview
Hosanna Industries Inc is located in Gibsonia, PA. The organization was established in 1991. According to its NTEE Classification (L20) the organization is classified as: Housing Development, Construction & Management, under the broad grouping of Housing & Shelter and related organizations. As of 12/2023, Hosanna Industries Inc employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hosanna Industries 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 12/2023, Hosanna Industries Inc generated $1.2m in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (0.6%) each year. All expenses for the organization totaled $1.3m during the year ending 12/2023. 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
. PROVIDING HOME CONSTRUCTION, REPAIR, AND REHABILITATION FOR LOW INCOME PERSONS LIVING IN DETERIORATING HOUSING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION PROVIDES HOME CONSTRUCTION, REPAIR AND REHABILITATION FOR LOW INCOME INDIVIDUALS LIVING IN DETERIORATING HOUSING.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Donn Ed Executive Director | OfficerTrustee | 40 | $106,172 |
Jennifer Gohn Treasurer | OfficerTrustee | 1 | $0 |
John Kaites Vice President | OfficerTrustee | 1 | $0 |
Tom Mcmeekin Secretary | OfficerTrustee | 1 | $0 |
John Austin President | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $92,816 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $879,551 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $972,367 |
| Total Program Service Revenue | $96,174 |
| Investment income | $62,444 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,177,832 |
| 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. | $106,172 |
| Compensation of current officers, directors, key employees. | $15,926 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $377,906 |
| Pension plan accruals and contributions | $15,824 |
| Other employee benefits | $61,552 |
| Payroll taxes | $30,828 |
| Fees for services: Management | $0 |
| 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 | $0 |
| Advertising and promotion | $0 |
| Office expenses | $24,991 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $44,590 |
| Travel | $32,979 |
| 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 | $69,751 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $1,308,147 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $667,576 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| 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 | $15,209 |
| Prepaid expenses and deferred charges | $13,271 |
| Net Land, buildings, and equipment | $842,674 |
| Investments—publicly traded securities | $3,486,752 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $5,025,482 |
| Accounts payable and accrued expenses | $26,339 |
| 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 | $0 |
| Total liabilities | $26,339 |
| Net assets without donor restrictions | $4,802,106 |
| Net assets with donor restrictions | $197,037 |
| 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 | $5,025,482 |