Boone County Home For Aged People And Benevolent Assn
- Assets
- $965.8k
- Revenue
- $61.2k
- Investments
- $874.6k
- Employees
- 0
- Location
- Rockford, IL
- Founding
- 04/1945
- Data as of
- 02/2022
- EIN
- 36-6062655
Organization Overview
Boone County Home For Aged People And Benevolent Assn is located in Rockford, IL. The organization was established in 1945. According to its NTEE Classification (P75) the organization is classified as: Supportive Housing for Older Adults, 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. Boone County Home For Aged People And Benevolent Assn 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 02/2022, Boone County Home For Aged People And Benevolent Assn generated $61.2k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 2.7% each year. All expenses for the organization totaled $61.7k during the year ending 02/2022. While expenses have increased by 2.4% per year over the past 4 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.
Since 2021, Boone County Home For Aged People And Benevolent Assn has awarded 18 individual grants totaling $149,888. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUPPORTING LOCAL CHARITIES IN BOONE COUNTY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Midland States Bank Agent For Trustee | 10 | $7,665 | |
John K Funderburg Jr President | 1 | $0 | |
Georgia Ruggles Secretary | 1 | $0 | |
Robert Bahling Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $48 |
| Dividends & Interest | $20,323 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $39,039 |
| Capital Gain Net Income | $39,039 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,785 |
| Total Revenue | $61,195 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $7,665 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,835 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $10 |
| Total operating and administrative expenses | $10,000 |
| Contributions, gifts, grants paid | $51,650 |
| Total expenses and disbursements | $61,650 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $26,220 |
| 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 | $65,000 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $965,771 |
| 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, Boone County Home For Aged People And Benevolent Assn has awarded $51,650 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
Belvidere, IL PURPOSE: AID FOR ELDERLY | $30,651 |
HELPING HANDS PURPOSE: AID ELDERLY | $9,431 |
Belvidere, IL PURPOSE: AID ELDERLY | $4,494 |
IDA PUBLIC LIBRARY PURPOSE: LITERARY AID ELDERLY | $2,358 |
BELVIDERE YMCA PURPOSE: GENERAL USE | $2,358 |
CAPRON FOOD PANTRY PURPOSE: GENERAL USE | $2,358 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Ascension Living Via Christi Village Pittsburg St Louis, MO | $8,270,696 | $8,815,942 |
Apostolic Christian Home Peoria, IL | $13,378,426 | $10,165,137 |
Southfiled Village Inc South Bend, IN | $15,089,034 | $10,031,683 |
Christian Home And Rehabilitation Center Inc Waupun, WI | $28,972,064 | $5,970,205 |
Bethel Home Inc Oshkosh, WI | $6,892,854 | $10,385,483 |
Village North Inc Saint Louis, MO | $7,100,790 | $9,993,048 |
Good Samaritan Independent Living Inc Valley Park, MO | $42,541,583 | $10,264,550 |
Ascension Living Via Christi Village Ponca City St Louis, MO | $6,026,969 | $7,789,601 |
Little Sisters Of The Poor Chicago Inc Chicago, IL | $8,092,895 | $10,195,607 |
Springhurst Health And Rehab Louisville, KY | $10,122,755 | $8,527,062 |
George J & Hilda Meyer Foundation Inc Higginsville, MO | $10,031,123 | $9,010,006 |
Three Crowns Park Evanston, IL | $96,598,789 | $5,563,267 |