Friendship House Of Milwaukee Inc
- Assets
- $22.5m
- Revenue
- $1.3m
- Investments
- $22.0m
- Employees
- 0
- Location
- Milwaukee, WI
- Founding
- 07/1946
- Data as of
- 09/2024
- EIN
- 39-0837518
Organization Overview
Friendship House Of Milwaukee Inc is located in Milwaukee, WI. The organization was established in 1946. According to its NTEE Classification (L99) the organization is classified as: Housing & Shelter N.E.C., 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. Friendship House Of Milwaukee Inc 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 09/2024, Friendship House Of Milwaukee Inc generated $1.3m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 14.7% each year . All expenses for the organization totaled $1.1m during the year ending 09/2024. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Friendship House Of Milwaukee Inc has awarded 137 individual grants totaling $3,196,300. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATION OF A TRANSITIONAL LIVING FACILITY AND TEMPORARY HOUSING PROGRAM FOR SINGLE WOMEN AND FAMILIES AT THE FRIENDSHIP HOUSE THROUGH A PARTNERSHIP WITH THE CATHEDRAL CENTER INC
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Laurie Smith Past President | 2 | $0 | |
Joy Koops President | 2 | $0 | |
Mary Kay Mark Vice President | 2 | $0 | |
Amy Jeninga Treasurer | 2 | $0 | |
Sarah Seitz Secretary | 2 | $0 | |
Nancy Vander Velde Director | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Buelow Vetter Buikema Olson Vliet | 9/29/16 | $114,765 |
R & L Ortega Construction | 9/29/16 | $80,450 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $111,512 |
| Interest on Savings | $0 |
| Dividends & Interest | $643,992 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $522,140 |
| Capital Gain Net Income | $522,140 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,277,644 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $145,779 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $653,067 |
| Total operating and administrative expenses | $804,058 |
| Contributions, gifts, grants paid | $276,250 |
| Total expenses and disbursements | $1,080,308 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $476,238 |
| 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 | $22,452,802 |
| 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, Friendship House Of Milwaukee Inc has awarded $276,250 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
ALL-IN MILWAUKEE PURPOSE: COLLEGE SCHOLARSHIP | $6,250 |
CATHEDRAL CENTER PURPOSE: CASE MANAGEMENT SERVICES | $60,000 |
FRANCISCAN PEACEMAKERS PURPOSE: CLARE COMMUNITY HOUSING | $10,000 |
HABITAT FOR HUMANITY PURPOSE: REHABS AND CONSTRUCTION OF HOMES | $125,000 |
LEGAL ACTION OF WISCONSIN PURPOSE: EVICTION DEFENSE PROJECT | $25,000 |
NEW BEGINNINGS - A HOME FOR MOTHERS PURPOSE: GENERAL SUPPORT | $10,000 |