Freedom House Ministries Inc
- Assets
- $7.7m
- Revenue
- $1.3m
- Investments
- $0.0
- Employees
- 30
- Location
- Green Bay, WI
- Founding
- 07/1996
- Data as of
- 12/2022
- EIN
- 39-1721843
Organization Overview
Freedom House Ministries Inc is located in Green Bay, WI. The organization was established in 1996. 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. As of 12/2022, Freedom House Ministries Inc employed 30 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Freedom House Ministries 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 12/2022, Freedom House Ministries Inc generated $1.3m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 6.3% each year. All expenses for the organization totaled $1.2m during the year ending 12/2022. While expenses have increased by 4.5% 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
WE ARE A CHRIST-CENTERED COMMUNITY OF STAFF AND VOLUNTEERS THAT PROVIDES SHELTER TO FAMILIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FREEDOM HOUSE PROVIDES SHELTER AND TRANSITIONAL HOUSING APARTMENTS TO THOSE EXPERIENCING HOMELESSNESS. THE SHELTER HAS A TOTAL OF 16 ROOMS THAT CAN HOUSE UP TO 6 PEOPLE PER ROOM. THE ORGANIZATION OFFERS PROGRAMMING AND TOOLS TO MAKE CREATE A SUCCESS PLAN FOR LEAVING SHELTER. THE PROGRAMMING FOCUSES ON ECONOMIC STABILITY, TENANT RIGHTS AND MINDSET SHIFT. THESE SERVICES ARE ALSO EXTENDED TO THOSE LIVING IN THE APARTMENTS (TOTAL OF 9 UNITS) AND THE GOAL FOR ALL RESIDENTS IS TO SUCCESSFULLY TRANSITION TO PERMANENT HOUSING. THE AVERAGE LENGTH OF STAY IS 6 MONTHS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michelle Waldinger Director | Trustee | 1 | $0 |
Eric Radzak Treasurer | OfficerTrustee | 1 | $0 |
Antionette Wright Director | Trustee | 1 | $0 |
Chad Wiegand Chair | OfficerTrustee | 2 | $0 |
Troy Murphy Vice Chair | OfficerTrustee | 1 | $0 |
Al Dummer Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $379,779 |
| All other contributions, gifts, grants, and similar amounts not included above | $873,114 |
| Noncash contributions included in lines 1a–1f | $135,676 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,252,893 |
| Total Program Service Revenue | $22,943 |
| Investment income | $31,743 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$37,867 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,269,712 |
| 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. | $72,500 |
| Compensation of current officers, directors, key employees. | $29,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $459,639 |
| Pension plan accruals and contributions | $10,733 |
| Other employee benefits | $41,858 |
| Payroll taxes | $41,787 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $60,576 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $10,723 |
| Fees for services: Other | $885 |
| Advertising and promotion | $6,647 |
| Office expenses | $52,212 |
| Information technology | $6,225 |
| Royalties | $0 |
| Occupancy | $119,219 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,312 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $251,955 |
| Insurance | $15,732 |
| All other expenses | $91,347 |
| Total functional expenses | $1,245,350 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $752,250 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $269,717 |
| 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 | $5,871 |
| Net Land, buildings, and equipment | $4,643,532 |
| Investments—publicly traded securities | $1,861,152 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $153,754 |
| Total assets | $7,686,276 |
| Accounts payable and accrued expenses | $39,241 |
| 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 | $2,000 |
| Total liabilities | $41,241 |
| Net assets without donor restrictions | $6,917,561 |
| Net assets with donor restrictions | $727,474 |
| 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 | $7,686,276 |