Gussie Heins Residuary Tr 50019025
- Assets
- $6.2m
- Revenue
- $324.7k
- Investments
- $6.0m
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 09/2006
- Data as of
- 12/2023
- EIN
- 36-6016975
Organization Overview
Gussie Heins Residuary Tr 50019025 is located in Chicago, IL. The organization was established in 2006. According to its NTEE Classification (L99) the organization is classified as: Housing & Shelter N.E.C., under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Gussie Heins Residuary Tr 50019025 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, Gussie Heins Residuary Tr 50019025 generated $324.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (4.5%) each year. All expenses for the organization totaled $510.5k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $207,284 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $117,375 |
| Capital Gain Net Income | $117,375 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $324,659 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $82,742 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $8,628 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $15 |
| Total operating and administrative expenses | $91,385 |
| Contributions, gifts, grants paid | $419,159 |
| Total expenses and disbursements | $510,544 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $32,441 |
| Savings and temporary cash investments | $140,890 |
| 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 | $418,802 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $6,211,186 |
| 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, Gussie Heins Residuary Tr 50019025 has awarded $419,159 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
UHLICH CHILDREN'S HOME PURPOSE: GENERAL | $209,419 |
BENSENVILLE HOME SOCIETY PURPOSE: GENERAL | $209,740 |