Hamel Lions Foundation
- Assets
- $134.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Hamel, MN
- Founding
- 08/2009
- Data as of
- 06/2023
- EIN
- 26-4249259
Organization Overview
Hamel Lions Foundation is located in Hamel, MN. The organization was established in 2009. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hamel Lions Foundation 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 06/2023, Hamel Lions Foundation generated $171.5k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 39.2% each year . All expenses for the organization totaled $239.0k during the year ending 06/2023. While expenses have increased by 47.9% per year over the past 3 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.
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 |
|---|---|---|---|
David Nelson President | 2 | $0 | |
Greg Devos Vice President | 3 | $0 | |
Gretchen Vice Secretary | 2 | $0 | |
Jerry Williams Treasurer | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $65,370 |
| Total Program Service Revenue | $105,952 |
| Membership dues | $0 |
| Investment income | $135 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $171,457 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $450 |
| Occupancy, rent, utilities, and maintenance | $19,591 |
| Printing, publications, postage, and shipping | $9,663 |
| Other expenses | $26,502 |
| Total expenses | $238,990 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $134,519 |
| Other assets | $0 |
| Total assets | $134,519 |
| Total liabilities | $124,220 |
| Net assets or fund balances | $10,299 |