Serenity House Foundation
- Assets
- $3.7m
- Revenue
- $243.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Addison, IL
- Founding
- 05/1992
- Data as of
- 06/2022
- EIN
- 36-3798808
Organization Overview
Serenity House Foundation is located in Addison, IL. The organization was established in 1992. According to its NTEE Classification (P70) the organization is classified as: Residential Care & Adult Day Programs, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Serenity House 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 06/2022, Serenity House Foundation generated $243.2k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.5%) each year. All expenses for the organization totaled $320.7k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (4.3%) per year over the past 7 years. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
SUPPORT AND FOSTER THE WORK OF SERENITY HOUSE COUNSELING SERVICES THROUGH FUNDRAISING AND OWNING AND OPERATING THE FACILITIES IT USES
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUPPORT AND FOSTER THE WORK OF SERENITY HOUSE COUNSELING SERVICES THROUGH FUNDRAISING AND OWNING AND OPERATING THE FACILITIES IT USES
SUPPORT AND FOSTER THE WORK OF SERENITY HOUSE COUNSELING SERVICES THROUGH FUNDRAISING AND OWNING AND OPERATING THE FACILITIES IT USES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Vorel Jr Chairman | OfficerTrustee | 2 | $0 |
Louis Libert Secretary | OfficerTrustee | 2 | $0 |
Steve Morcos Treasurer | OfficerTrustee | 2 | $0 |
Steven Morcos Treasurer | OfficerTrustee | 2 | $0 |
Kurt Hill Director | Trustee | 2 | $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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $240,000 |
| Investment income | $3,198 |
| 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 | $243,198 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $4,250 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| 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 | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $6,720 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $46,503 |
| Advertising and promotion | $2,500 |
| Office expenses | $656 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $17,332 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $171,185 |
| Insurance | $24,273 |
| All other expenses | $32 |
| Total functional expenses | $320,726 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $438,651 |
| 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 | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $28,765 |
| Net Land, buildings, and equipment | $3,209,226 |
| Investments—publicly traded securities | $43,499 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $1,302 |
| Other assets | $0 |
| Total assets | $3,721,443 |
| Accounts payable and accrued expenses | $6,482 |
| 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 | $353,164 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $359,646 |
| Net assets without donor restrictions | $3,361,797 |
| 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 | $3,721,443 |
Grants Awarded
Over the last fiscal year, Serenity House Foundation has awarded $139,061 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Addison, IL | | $128,061 |
Aurora, IL | | $11,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Serenity House Foundation has recieved totaling $14.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $14 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Great Circle St James, MO | $68,390,614 | $85,036,631 |
Ucan Chicago, IL | $65,133,111 | $44,926,941 |
Christian Care Communities Inc Louisville, KY | $83,402,839 | $39,447,588 |
Centers For Independence Inc Milwaukee, WI | $1,176,879 | $2,724,477 |
Little City Foundation Inverness, IL | $34,035,732 | $37,584,662 |
Allendale Association Inc Lake Villa, IL | $23,456,439 | $27,684,203 |
Villages Of Indiana Inc Bloomington, IN | $7,944,114 | $29,918,682 |
Lawrence Hall Chicago, IL | $44,677,389 | $23,759,587 |
Mid-Step Services Inc Sioux City, IA | $20,233,079 | $25,551,383 |
Chapin Hall Center For Children Chicago, IL | $55,502,225 | $23,908,514 |
Comprehensive Systems Inc Charles City, IA | $6,739,515 | $18,627,852 |
Creative Community Living Services Inc Watertown, WI | $7,269,281 | $21,344,485 |