Mary Bryant Home Association
- Assets
- $4.9m
- Revenue
- $2.0m
- Investments
- $0.0
- Employees
- 35
- Location
- Southern View, IL
- Founding
- 08/1947
- Data as of
- 03/2024
- EIN
- 37-0673464
Organization Overview
Mary Bryant Home Association is located in Southern View, IL. The organization was established in 1947. As of 03/2024, Mary Bryant Home Association employed 35 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mary Bryant Home Association 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 03/2024, Mary Bryant Home Association generated $2.0m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (3.5%) each year. All expenses for the organization totaled $1.8m during the year ending 03/2024. 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE A HOME FOR THE VISUALLY IMPAIRED.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ASSOCIATION PROVIDES A HOME FOR VISUALLY IMPAIRED ADULTS.
THE ASSOCIATION PROVIDES A RETAIL STORE WITH LOW VISION PRODUCTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Patricia Mclaughlin President | OfficerTrustee | 2 | $0 |
Steve Frankenstein Vice President | OfficerTrustee | 2 | $0 |
Tom Woolsey Secretary | OfficerTrustee | 2 | $0 |
Mark Cullen Treasurer | OfficerTrustee | 4 | $0 |
Frank Darnielle Trustee | Trustee | 2 | $0 |
Janice Thomas Trustee | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $34,840 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $62,059 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $96,899 |
| Total Program Service Revenue | $1,915,516 |
| Investment income | $106,942 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$121,433 |
| Net Income from Fundraising Events | $11,681 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $464 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,026,523 |
| 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. | $86,730 |
| Compensation of current officers, directors, key employees. | $65,047 |
| Compensation to disqualified persons | $948,344 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $18,482 |
| Other employee benefits | $138,907 |
| Payroll taxes | $81,214 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $9,701 |
| Fees for services: Accounting | $59,448 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $155 |
| Fees for services: Other | $2,000 |
| Advertising and promotion | $8,807 |
| Office expenses | $24,756 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $181,251 |
| Travel | $3,371 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $5,640 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $109,139 |
| Insurance | $31,884 |
| All other expenses | $0 |
| Total functional expenses | $1,842,218 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $423,866 |
| Savings and temporary cash investments | $1,151,538 |
| 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 | $6,605 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $1,650,378 |
| Investments—publicly traded securities | $1,694,451 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $4,926,838 |
| Accounts payable and accrued expenses | $177 |
| Grants payable | $0 |
| Deferred revenue | $44 |
| 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 | $221 |
| Net assets without donor restrictions | $4,926,617 |
| 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 | $4,926,838 |