Hiawatha Homes Inc
- Assets
- $1.8m
- Revenue
- $10.2m
- Investments
- $0.0
- Employees
- 377
- Location
- Rochester, MN
- Founding
- 01/1974
- Data as of
- 12/2022
- EIN
- 41-1278404
Organization Overview
Hiawatha Homes Inc is located in Rochester, MN. The organization was established in 1974. According to its NTEE Classification (P80) the organization is classified as: Centers to Support the Independence of Specific Populations, under the broad grouping of Human Services and related organizations. As of 12/2022, Hiawatha Homes Inc employed 377 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hiawatha Homes 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, Hiawatha Homes Inc generated $10.2m in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.5%) each year. All expenses for the organization totaled $10.6m during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (0.2%) per year over the past 8 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDING RESIDENTIAL, IN-HOME, AND COMMUNITY-BASED CHOICES FOR PEOPLE WITH DISABILITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HIAWATHA HOMES, INC. SUCCESSFULLY OPERATES 20 RESIDENTIAL PROGRAMS FOR APPROXIMATELY 76 INDIVIDUALS WITH DISABILITIES AND A FAMILY SUPPORT SERVICE FOR 6 INDIVIDUALS IN THE GREATER ROCHESTER, MINNESOTA AREA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Witte Director | Trustee | 2 | $0 |
Roger Dearth Director | Trustee | 2 | $0 |
Matt Nigbur Vice President | OfficerTrustee | 2 | $0 |
Ryan Backus Past President | OfficerTrustee | 2 | $0 |
Liset Comai-Legrand Hhf President | Trustee | 2 | $0 |
Deborah Falbo President | OfficerTrustee | 2 | $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 | $243,146 |
| Noncash contributions included in lines 1a–1f | $6,465 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $243,146 |
| Total Program Service Revenue | $9,821,276 |
| Investment income | $174 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $74,776 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $10,152,767 |
| 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. | $202,594 |
| Compensation of current officers, directors, key employees. | $202,594 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $6,734,412 |
| Pension plan accruals and contributions | $35,090 |
| Other employee benefits | $782,926 |
| Payroll taxes | $562,735 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $27,850 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $36,892 |
| Advertising and promotion | $96,825 |
| Office expenses | $223,536 |
| Information technology | $208,113 |
| Royalties | $0 |
| Occupancy | $590,353 |
| Travel | $68,928 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $5,453 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $143,915 |
| Insurance | $46,220 |
| All other expenses | $56,061 |
| Total functional expenses | $10,560,800 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $131,160 |
| Savings and temporary cash investments | $323,256 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $516,627 |
| 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 | $179,052 |
| Net Land, buildings, and equipment | $449,094 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $187,381 |
| Total assets | $1,786,570 |
| Accounts payable and accrued expenses | $464,530 |
| Grants payable | $0 |
| Deferred revenue | $14,169 |
| 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 | $135,955 |
| Total liabilities | $614,654 |
| Net assets without donor restrictions | $1,104,018 |
| Net assets with donor restrictions | $67,898 |
| 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 | $1,786,570 |