Lending Hands Of Michigan Inc
- Assets
- $301.9k
- Revenue
- $219.6k
- Investments
- $0.0
- Employees
- 1
- Location
- Portage, MI
- Founding
- 08/2007
- Data as of
- 12/2023
- EIN
- 32-0146465
Organization Overview
Lending Hands Of Michigan Inc is located in Portage, MI. The organization was established in 2007. According to its NTEE Classification (G96) the organization is classified as: Neurology & Neuroscience, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lending Hands Of Michigan 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, Lending Hands Of Michigan Inc generated $219.6k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 11.2% each year . All expenses for the organization totaled $199.1k during the year ending 12/2023. While expenses have increased by 14.9% per year over the past 8 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF LENDING HANDS IS TO LEND VARIOUS KINDS OF HOME MEDICAL AND OTHER RELATED EQUIPMENT, FOR FREE AND ON A TEMPORARY BASIS, TO ANYONE LIVING IN OUR SERVICE AREA WITHOUT REGARD TO AGE, RACE, SEX, CREED, INCOME OR DISABILITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN 2021, 4,664 CLIENTS WERE PROVIDED 3,378 PIECES OF FREE HOME MEDICAL EQUIPMENT.
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 |
|---|---|---|---|
Julie Vandernoot Director | Trustee | 1 | $0 |
Art Roberts Vice Chair | OfficerTrustee | 1 | $0 |
Dan Story Treasurer | OfficerTrustee | 1 | $0 |
Kelly Quardokas Vice Chair | OfficerTrustee | 1 | $0 |
Jay Asher Secretary | OfficerTrustee | 1 | $0 |
Tim Stowers Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $7,810 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $211,396 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $219,206 |
| Total Program Service Revenue | $0 |
| Investment income | $24 |
| 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 | $219,645 |
| 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. | $52,120 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $4,053 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,210 |
| Fees for services: Accounting | $6,958 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,291 |
| Advertising and promotion | $24,774 |
| Office expenses | $14,631 |
| Information technology | $7,176 |
| Royalties | $0 |
| Occupancy | $55,487 |
| Travel | $1,674 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $208 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $10,473 |
| Insurance | $1,967 |
| All other expenses | $0 |
| Total functional expenses | $199,137 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $60,273 |
| 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 | $2,250 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $239,336 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $301,859 |
| Accounts payable and accrued expenses | $263 |
| 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 | $263 |
| Net assets without donor restrictions | $301,596 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $301,859 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The International Parkinson And Movement Disorder Society Inc Milwaukee, WI | $43,874,360 | $12,785,886 |
Rehabilitation Center For Neurological Development Piqua, OH | $2,172,357 | $1,218,097 |
Hope For Hie West Bloomfield, MI | $305,326 | $236,869 |
Lending Hands Of Michigan Inc Portage, MI | $301,859 | $219,645 |
International Symposium On Neural Regeneration Inc Columbus, OH | $15,627 | $0 |
University Clinical Neurologists Indianapolis, IN | $835,035 | $92,060 |
International Society For Frontotemporal Dementias Inc Indianapolis, IN | $65,313 | $0 |
Pdevv Hub Inc Evansville, IN | $18,547 | $26,103 |
E Malcolm Field Center For Neuroscience Saginaw, MI | $26,955 | $0 |
The Neurosciences Foundation Cincinnati, OH | $0 | $0 |