The Good Samaritan Ministries
- Assets
- $4.6m
- Revenue
- $3.0m
- Investments
- $1.5m
- Employees
- 40
- Location
- Holland, MI
- Founding
- 10/1969
- Data as of
- 06/2024
- EIN
- 38-1887347
Organization Overview
The Good Samaritan Ministries is located in Holland, MI. The organization was established in 1969. According to its NTEE Classification (P60) the organization is classified as: Emergency Assistance, under the broad grouping of Human Services and related organizations. As of 06/2024, Good Samaritan Ministries employed 40 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Good Samaritan Ministries 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 06/2024, Good Samaritan Ministries generated $3.0m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 8.1% each year. All expenses for the organization totaled $3.1m during the year ending 06/2024. While expenses have increased by 8.2% per year over the past 9 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
OUR MISSION IS TO END POVERTY AND HOMELESSNESS. WE DO THIS BY MOBILIZING FAITH-BASED AND COMMUNITY PARTNERS, ACTIVATING INDIVIDUAL AND COMMUNITY ASSETS, AND MEETING IMMEDIATE NEEDS IN OUR COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
AFFORDABLE HOUSING CONNECTIONS HELPS VULNERABLE INDIVIDUALS AND FAMILIES ACHIEVE HOUSING AND FINANCIAL STABILITY. IN ADDITION, WE PROVIDE AFFORDABLE HOUSING TO LOW-INCOME HOUSEHOLDS AND RENT ASSISTANCE TO OTTAWA COUNTY RESIDENTS FACING A HOUSING CRISIS.
GOOD SAMARITAN MINISTRIES AND LAKESHORE HABITAT FOR HUMANITY ARE JOINT OWNERS OF A FOUR PLEX OF AFFORDABLE RENTALS. GOOD SAMARITAN MINISTRIES HAS 75% OWNERSHIP OF THE DEVELOPMENT AND IS RESPONSIBLE FOR ALL PROPERTY MANAGEMENT. THE SITE IS LOCATED ON 96TH STREET NORTH OF THE CITY OF ZEELAND, MICHIGAN. OCCUPANCY BEGAN IN JANUARY 2019. THE PROJECT NAME IS STATE STREET TOWN HOMES AND THIRD COAST HOMES IS THE UMBRELLA NAME OF THE JOINT TENANCY ARRANGEMENT WITH LAKESHORE HABITAT FOR HUMANITY.
GSM PROPERTIES OFFERS PROFESSIONAL PROPERTY MANAGEMENT SERVICES WHILE FOCUSING ON THE CARE OF TENANTS SO THEY ARE EQUIPPED TO THRIVE AND AVOID EVICTION.
CIRCLES BRINGS PEOPLE OF DIVERSE INCOMES TOGETHER TO HELP LOW-INCOME INDIVIDUALS AND FAMILIES ACHIEVE THEIR FINANCIAL GOALS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Knott Bryan Director | Trustee | 1 | $0 |
Jackson Derrell President | OfficerTrustee | 1 | $0 |
Beyer Gary Past President | Trustee | 3 | $0 |
Dannenberg Al Director | Trustee | 1 | $0 |
Dolly Brittany Treasurer | OfficerTrustee | 1 | $0 |
Emelander Yvette Secretary | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $30,352 |
| Related organizations | $0 |
| Government grants | $1,191,593 |
| All other contributions, gifts, grants, and similar amounts not included above | $322,018 |
| Noncash contributions included in lines 1a–1f | $350 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,543,963 |
| Total Program Service Revenue | $1,334,034 |
| Investment income | $71,139 |
| 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 | $2,950,761 |
| 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. | $66,408 |
| Compensation of current officers, directors, key employees. | $46,486 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,014,418 |
| Pension plan accruals and contributions | $13,721 |
| Other employee benefits | $42,741 |
| Payroll taxes | $81,148 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $22,462 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $21,349 |
| Advertising and promotion | $10,772 |
| Office expenses | $73,407 |
| Information technology | $59,853 |
| Royalties | $0 |
| Occupancy | $123,065 |
| Travel | $7,120 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $5,772 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $31,731 |
| Insurance | $15,551 |
| All other expenses | $0 |
| Total functional expenses | $3,074,761 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,854,101 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $131,807 |
| Accounts receivable, net | $103,109 |
| 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 | $36,541 |
| Net Land, buildings, and equipment | $879,926 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $1,526,740 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $71,710 |
| Total assets | $4,603,934 |
| Accounts payable and accrued expenses | $89,210 |
| Grants payable | $0 |
| Deferred revenue | $340,461 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $28,024 |
| 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 | $71,710 |
| Total liabilities | $529,405 |
| Net assets without donor restrictions | $3,705,326 |
| Net assets with donor restrictions | $369,203 |
| 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 | $4,603,934 |
Grants Awarded
Over the last fiscal year, The Good Samaritan Ministries has awarded $115,536 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
LAKESHORE HABITAT FOR HUMANITY PURPOSE: HOUSING REHAB | $6,125 |
CENTER FOR WOMEN IN TRANSITION PURPOSE: HUD TRANSITIONAL HSG | $78,431 |
CITY OF HOLLAND PURPOSE: HOUSING REHAB | $30,980 |