Danish Old Peoples Home
- Assets
- $356.5k
- Revenue
- $34.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Roscommon, MI
- Founding
- 04/1983
- Data as of
- 12/2021
- EIN
- 38-1387129
Organization Overview
Danish Old Peoples Home is located in Roscommon, MI. The organization was established in 1983. According to its NTEE Classification (L11) the organization is classified as: Single Organization Support, 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. Danish Old Peoples Home 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 12/2021, Danish Old Peoples Home generated $34.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.8% each year. All expenses for the organization totaled $14.7k during the year ending 12/2021. While expenses have increased by 0.5% 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Paul Carlsen Treasurer | 0 | $0 | |
Eric Ketelsen 1st Vice Pre | 0 | $0 | |
David Christensen President | 0 | $0 | |
Cortland Book Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $16,559 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $17,722 |
| Capital Gain Net Income | $9,247 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $34,281 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $198 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $1,909 |
| Printing and publications | $0 |
| Other expenses | $776 |
| Total operating and administrative expenses | $6,703 |
| Contributions, gifts, grants paid | $8,000 |
| Total expenses and disbursements | $14,703 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $356,532 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $356,532 |
| 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, Danish Old Peoples Home has awarded $8,000 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
Detroit, MI PURPOSE: INDIGENT FAMILIES | $2,000 |
OPC BUSSING PURPOSE: INDIGENT FAMILIES | $2,000 |
ALZHEIMER'S ASSOCIATION SOUTHFIELD PURPOSE: INDIGENT FAMILES | $2,000 |
OPC MEALS ON WHEELS PURPOSE: INDIGENT FAMILIES | $1,250 |
OPC FRAIL & ELDERLY PURPOSE: INDIGENT FAMILIES | $750 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Uwm Real Estate Foundation Inc Milwaukee, WI | $83,241,635 | $5,703,376 |
Ohio Capital Impact Corporation Columbus, OH | $12,020,357 | $5,228,478 |
Blugold Real Estate Foundation Inc Eau Claire, WI | $54,871,317 | $5,562,467 |
Midland Kings Daughters Endowment Fund Midland, MI | $40,124,974 | $3,481,045 |
Cedar Village Foundation Cincinnati, OH | $22,623,541 | $1,028,464 |
Glacier Hills Foundation Ann Arbor, MI | $15,415,719 | $1,434,969 |
Lutheran Homes Of Michigan Foundation Saginaw, MI | $12,862,481 | $2,826,886 |
Holie Vii Inc Mequon, WI | $2,106,301 | $274,557 |
Community Development Alternatives Inc Prairie Du Chien, WI | $1,232,003 | $240,505 |
Northport Movin Out Inc Madison, WI | $1,296,580 | $88,718 |
Ideafor Inc Cincinnati, OH | $6,209,788 | $109,737 |
New Community Shelter Foundationinc Green Bay, WI | $1,954,752 | $145,316 |