Morrow Memorial Home Foundation Inc
- Assets
- $1.2m
- Revenue
- $61.3k
- Investments
- $1.2m
- Employees
- 0
- Location
- Sparta, WI
- Founding
- 12/1989
- Data as of
- 12/2021
- EIN
- 39-1619246
Organization Overview
Morrow Memorial Home Foundation Inc is located in Sparta, WI. The organization was established in 1989. According to its NTEE Classification (T70) the organization is classified as: Federated Giving Programs, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Morrow Memorial Home Foundation 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 12/2021, Morrow Memorial Home Foundation Inc generated $61.3k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.5%) each year. All expenses for the organization totaled $62.1k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (3.0%) per year over the past 7 years. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
FOSTER AND SUPPORT THE ACTIVITIES AND MISSION OF MORROW MEMORIAL HOME FOR THE AGED
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION IS ESTABLISHED TO FOSTER AND SUPPORT THE ACTIVITIES AND MISSION OF MORROW MEMORIAL HOME FOR THE AGED ALONG WITH THE HOMESTEAD APARTMENTS, PARKVIEW INDEPENDENT APARTMENTS, MARYCREST ASSISTED-LIVING FACILITY, BRIDGEPATH ASSISTED LIVING, AND OTHER COMMUNITY ORGANIZATIONS AND SERVICES. SOME OF THE PROGRAMS THE FOUNDATION SUPPORTED FOR MORROW MEMORIAL HOME FOR THE AGED WERE: 1) ELISE TURNER EDUCATION ENHANCEMENT PROGRAM SUPPORTING EMPLOYEES TO FURTHER THEIR PROFESSIONAL EDUCATION, FOUNDATION HIGH SCHOOL SCHOLARSHIP PROGRAM, 2) GENEVA BEGG RESIDENT ENHANCEMENT FUND SUPPORTING NONBUDGETED RESIDENT CARE ITEMS, 3) DOROTHY HUFF CARE ASSURANCE PROGRAM SUPPORTING RESIDENT PRIVATE LIVING ARRANGEMENTS, 4) PAULINE MCKEAN PARISH NURSE PROGRAM SUPPORTING AREA PARISH NURSING PROGRAM, 5) BUILDING FUND, 6) OTHER PROJECTS SUCH AS WISH LIST/ACTIVITY FUND, CHRISTMAS FUND, AND DEVELOPMENT FUND SUPPORTING THE REMODELING AND/OR CONSTRUCTION OF ELDERLY CARE MINISTRIES. THE FOUNDATION ALSO SUPPORTS OTHER COMMUNITY ORGANIZATIONS SUCH AS THE CEMETERY FUND, COMMUNITY LIBRARY AND MUSEUM.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Denise Halverson Vice Chairman | OfficerTrustee | 0.5 | $0 |
Darrell Zietlow Chairman | OfficerTrustee | 0.5 | $0 |
Suzanne Hoffman Secretary/treasurer - Part Year | OfficerTrustee | 0.5 | $0 |
Daniel Meyer Volunteer Executive Direct | Officer | 1 | $0 |
Pete Foss Board Liason | Trustee | 0.5 | $0 |
Dan Arndt Director | Trustee | 0.5 | $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 | $49,993 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $49,993 |
| Total Program Service Revenue | $0 |
| Investment income | $11,323 |
| 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 | $61,316 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $35,713 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| 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 | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| 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 | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $26,369 |
| Total functional expenses | $62,082 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $49,979 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $1,182,247 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,232,226 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $1,232,226 |
| Net assets with donor restrictions | $0 |
| 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 | $1,232,226 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Morrow Memorial Home Foundation Inc has recieved totaling $1,180.
| Awarding Organization | Amount |
|---|---|
Joe & Jan Larson Foundation Inc Scottsdale, AZ PURPOSE: OPERATING FUNDS | $1,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $180 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Heart Of Illinois United Way Inc Peoria, IL | $14,132,248 | $9,955,140 |
United Way Of Midland County Midland, MI | $18,815,763 | $12,494,265 |
New Harmony Care Center Inc Edina, MN | $17,674,874 | $11,846,414 |
Lever For Change Chicago, IL | $17,371,828 | $11,059,988 |
United Way Of Jackson County Inc Jackson, MI | $0 | $10,716,556 |
United Way Of East Central Iowa Cedar Rapids, IA | $18,620,645 | $6,956,778 |
United Way Of Genesee County Flint, MI | $9,912,088 | $6,664,898 |
United Way Of Lake County Inc Gurnee, IL | $9,128,371 | $6,708,539 |
Wisconsin Regional Training Partnership Inc Milwaukee, WI | $5,167,350 | $7,096,517 |
United Way Quad Cities Bettendorf, IA | $12,852,824 | $6,411,474 |
Marquardt Management Services Inc Watertown, WI | $6,505,877 | $7,287,760 |
United Way Of Racine County Inc Racine, WI | $12,886,220 | $9,907,710 |