James & Rita Hosna Foundation
- Assets
- $633.8k
- Revenue
- -$9.8k
- Investments
- $633.6k
- Employees
- 0
- Location
- Alsip, IL
- Founding
- 11/2010
- Data as of
- 12/2023
- EIN
- 27-2342477
Organization Overview
James & Rita Hosna Foundation is located in Alsip, IL. The organization was established in 2010. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. James & Rita Hosna 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 12/2023, James & Rita Hosna Foundation generated -$9.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (24.0%) each year. All expenses for the organization totaled $41.7k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, James & Rita Hosna Foundation has awarded 31 individual grants totaling $270,500. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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 |
|---|---|---|---|
Christopher Murphy President | 0.88 | $1,000 | |
Richard Murphy Director | 0.25 | $0 | |
Steve Murphy Director | 0.25 | $0 | |
Amy Yandel Director | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $835 |
| Dividends & Interest | $4,123 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$14,742 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | -$9,784 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $1,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $581 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $3,728 |
| Contributions, gifts, grants paid | $38,000 |
| Total expenses and disbursements | $41,728 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $169 |
| Net Accounts receivable | $0 |
| 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 | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $633,634 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $633,803 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
Grants Awarded
Over the last fiscal year, James & Rita Hosna Foundation has awarded $38,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
CATHOLIC CHARITIES PURPOSE: GENERAL | $9,500 |
SISTERS OF ST FRANCIS PURPOSE: MINISTRY SUPPORT | $9,500 |
CHICAGO FOOD DEPOSITORY PURPOSE: GENERAL | $9,500 |
AMERICAN RED CROSS PURPOSE: GENERAL | $9,500 |