Hume Home Of Muskegon
- Assets
- $1.9m
- Revenue
- $871.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Muskegon, MI
- Founding
- 10/1941
- Data as of
- 12/2022
- EIN
- 38-1387881
Organization Overview
Hume Home Of Muskegon is located in Muskegon, MI. The organization was established in 1941. According to its NTEE Classification (P70) the organization is classified as: Residential Care & Adult Day Programs, 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. Hume Home Of Muskegon 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 12/2022, Hume Home Of Muskegon generated $871.0k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.0% each year. All expenses for the organization totaled $1.1m during the year ending 12/2022. While expenses have increased by 4.4% per year over the past 8 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE A HOME FOR THE ELDERLY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RESIDENT CARE - 34 ROOMS AVAILABLE FOR RESIDENTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mitchell A Mcneal President & CEO | Officer | 0.25 | $0 |
Connie Clauson Chief Operaring Officer | Officer | 0.25 | $0 |
Thomas J Nobel Founder & Executive Chairman | Officer | 0.25 | $0 |
James V Tew III Chief Financial Officer | Officer | 0.25 | $0 |
Dave Koetje Chairman | OfficerTrustee | 0.25 | $0 |
Matt Mcgowan Secretary/treasurer | OfficerTrustee | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,207 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,207 |
| Total Program Service Revenue | $863,319 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| 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 | $871,034 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $634,080 |
| Pension plan accruals and contributions | $3,349 |
| Other employee benefits | $46,970 |
| Payroll taxes | $53,063 |
| Fees for services: Management | $43,391 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,370 |
| Advertising and promotion | $2,118 |
| Office expenses | $20,274 |
| Information technology | $26 |
| Royalties | $0 |
| Occupancy | $63,160 |
| Travel | $1,075 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $79,444 |
| Insurance | $23,151 |
| All other expenses | -$1,059 |
| Total functional expenses | $1,106,517 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,182 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $10,444 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $1,316,625 |
| Investments—publicly traded securities | $330,206 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $260,060 |
| Total assets | $1,921,517 |
| Accounts payable and accrued expenses | $25,958 |
| Grants payable | $0 |
| Deferred revenue | $2,337 |
| 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 | $25,000 |
| Other liabilities | $0 |
| Total liabilities | $53,295 |
| Net assets without donor restrictions | $1,708,222 |
| Net assets with donor restrictions | $160,000 |
| 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 | $1,921,517 |