The Milestone House Inc
- Assets
- $3.8m
- Revenue
- $1.3m
- Investments
- $0.0
- Employees
- 16
- Location
- Hopatcong, NJ
- Founding
- Data as of
- 12/2023
- EIN
- 30-1244078
Organization Overview
The Milestone House Inc is located in Hopatcong, NJ. According to its NTEE Classification (F20) the organization is classified as: Substance Abuse Dependency, Prevention & Treatment, under the broad grouping of Mental Health & Crisis Intervention and related organizations. As of 12/2023, Milestone House Inc employed 16 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Milestone House 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, Milestone House Inc generated $1.3m in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 32.5% 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
PROVIDE RESIDENTIAL SUPPORTIVE SOBER LIVING SERVICES FOR ADULTS WHO ARE IN EARLY TO MID-STAGES OF RECOVERY FROM ALCOHOL AND SUBSTANCE ABUSE DISORDERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE RESIDENTIAL SUPPORTIVE SOBER LIVING SERVICES FOR ADULTS WHO ARE IN EARLY TO MID-STAGES OF RECOVERY FROM ALCOHOL AND SUBSTANCE ABUSE DISORDERS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Frank President | Officer | 40 | $100,000 |
Michael Ganon Trustee | Trustee | 0 | $0 |
Rosemary Derosa Vice President | Officer | 0 | $0 |
Roger Hitchuk Treasurer | Officer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $420,229 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $420,229 |
| Total Program Service Revenue | $824,788 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $12,493 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,257,510 |
| 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. | $100,000 |
| Compensation of current officers, directors, key employees. | $40,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $298,270 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $21,153 |
| Payroll taxes | $36,962 |
| 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 | $29,517 |
| Advertising and promotion | $3,579 |
| Office expenses | $6,518 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $3,310 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $23,240 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $7,763 |
| Insurance | $52,555 |
| All other expenses | $119,287 |
| Total functional expenses | $1,271,484 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $21,803 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $49,724 |
| Loans from Officers, Directors, or Controlling Persons | $2,360 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $34,775 |
| Net Land, buildings, and equipment | $132,865 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $239,850 |
| Other assets | $3,294,498 |
| Total assets | $3,775,875 |
| Accounts payable and accrued expenses | $60,434 |
| 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 | $1,122,000 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $2,533,557 |
| Total liabilities | $3,715,991 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| 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 | $59,884 |
| Total liabilities and net assets/fund balances | $3,775,875 |