Smeja Homestead Foundation Inc
- Assets
- $6.4m
- Revenue
- $526.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Rockford, IL
- Founding
- 05/2002
- Data as of
- 12/2022
- EIN
- 26-0006112
Organization Overview
Smeja Homestead Foundation Inc is located in Rockford, IL. The organization was established in 2002. According to its NTEE Classification (C30) the organization is classified as: Natural Resources Conservation & Protection, under the broad grouping of Environment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Smeja Homestead 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, Smeja Homestead Foundation Inc generated $526.8k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 4.9% each year. All expenses for the organization totaled $427.2k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE PURPOSE OF THE FOUNDATION IS TO PROMOTE AND ENCOURAGE THE PRESERVATION OF THE INDIAN HILL MANOR AND FARM AND OTHER PROPERTIES, AND TO SUPPORT OTHER CHARITABLE OR EDUCATIONAL ACTIVITIES RELATED TO HISTORIC PRESERVATION, LAND CONSERVATION, AGRICULTURE, ARCHEOLOGY, AND CULTURAL HISTORY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gerald Paulson President (ed Thru March 2022) | 16 | $32,922 | |
Susan Barnes Secretary/treasurer | 10 | $18,332 | |
Brian Reis Executive Director Since Oct 2022 | 10 | $14,264 | |
David Brynes Director | 1 | $1,600 | |
Bonnie Smeja Director Thru March 2022 | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $87 |
| Interest on Savings | $0 |
| Dividends & Interest | $2,547 |
| Net Rental Income | $486,626 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $37,544 |
| Total Revenue | $526,804 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $67,118 |
| Other employee salaries and wages | $31,948 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $12,522 |
| Depreciation | $61,340 |
| Occupancy | $134,614 |
| Travel, conferences, and meetings | $2,958 |
| Printing and publications | $0 |
| Other expenses | $36,352 |
| Total operating and administrative expenses | $426,665 |
| Contributions, gifts, grants paid | $500 |
| Total expenses and disbursements | $427,165 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $247,521 |
| Savings and temporary cash investments | $210,481 |
| Net Accounts receivable | $11,195 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $4,215,813 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $1,745,873 |
| Other assets | $0 |
| Total assets | $6,430,883 |
| Accounts payable and accrued expenses | $13,519 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $13,519 |
Grants Awarded
Over the last fiscal year, Smeja Homestead Foundation Inc has awarded $1,085 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
NATIONAL TRUST FOR HISTORIC PRESERVATION PURPOSE: SUPPORT GENERAL MISSION | $85 |
MIDWAY VILLAGE MUSEUM PURPOSE: SUPPORT CAMP GRANT | $500 |
TINKER SWISS COTTAGE MUSEUM AND GARDENS PURPOSE: SUPPORT HISTORICAL AND CULTURAL HERITAGE OF ROCKFORD | $500 |