Rescue Ministries Of Mid-Michigan
- Assets
- $12.3m
- Revenue
- $7.0m
- Investments
- $0.0
- Employees
- 84
- Location
- Saginaw, MI
- Founding
- 07/1945
- Data as of
- 12/2023
- EIN
- 38-1368362
Organization Overview
Rescue Ministries Of Mid-Michigan is located in Saginaw, MI. The organization was established in 1945. According to its NTEE Classification (L41) the organization is classified as: Homeless Shelters, under the broad grouping of Housing & Shelter and related organizations. As of 12/2023, Rescue Ministries Of Mid-Michigan employed 84 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rescue Ministries Of Mid-Michigan 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, Rescue Ministries Of Mid-Michigan generated $7.0m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.1% each year. All expenses for the organization totaled $6.3m during the year ending 12/2023. While expenses have increased by 2.3% per year over the past 7 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
EXPRESSING GOD'S LOVE BY REACHING OUT TO THE HURTING AND HOMELESS OF THE GREAT LAKES BAY REGION BY PROVIDING SHELTER AND CARE, PROCLAIMING THE GOSPEL OF CHRIST, AND ESTABLISHING CHRISTIAN DISCIPLES AMONG DISADVANTAGED PEOPLE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATION OF EMERGENCY FOOD AND SHELTER PROGRAMS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dan Streeter CEO | 40 | $91,079 | |
Gary Labadie Director | Trustee | 0 | $0 |
Richard Frontjes Director | Trustee | 0 | $0 |
Curt Tucker Director | Trustee | 0 | $0 |
Jeff Englehart Director | Trustee | 0 | $0 |
Christopher Pryor Director | Trustee | 0 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Serenus Johnson Construction Construction | 12/30/23 | $724,759 |
Rkd Group Llc Mailing And Marketing | 12/30/23 | $259,342 |
Beam Industries Staffing | 12/30/23 | $352,069 |
Milwaukee Director Marketing Mailings And Marketing | 12/30/23 | $134,046 |
Gordon Food Service Food & Kitchen Supplies | 12/30/23 | $124,322 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,635,249 |
| All other contributions, gifts, grants, and similar amounts not included above | $4,667,570 |
| Noncash contributions included in lines 1a–1f | $1,063,590 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,302,819 |
| Total Program Service Revenue | $700 |
| Investment income | $80,526 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $30,713 |
| 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 | $7,045,386 |
| 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. | $91,079 |
| Compensation of current officers, directors, key employees. | $91,079 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,086,074 |
| Pension plan accruals and contributions | $50,826 |
| Other employee benefits | $417,327 |
| Payroll taxes | $158,985 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $711 |
| Fees for services: Accounting | $51,142 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $399,964 |
| Advertising and promotion | $455,243 |
| Office expenses | $99,014 |
| Information technology | $21,749 |
| 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 | $42,200 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $468,385 |
| Insurance | $104,489 |
| All other expenses | $313,315 |
| Total functional expenses | $6,345,351 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,009,128 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $1,360 |
| Accounts receivable, net | $243,834 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $600 |
| Prepaid expenses and deferred charges | $35,572 |
| Net Land, buildings, and equipment | $8,959,369 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $20,977 |
| Total assets | $12,270,840 |
| Accounts payable and accrued expenses | $332,638 |
| 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 | $1,310,000 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,642,638 |
| Net assets without donor restrictions | $10,305,125 |
| Net assets with donor restrictions | $323,077 |
| 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 | $12,270,840 |