Hiawatha Homes Foundation
- Assets
- $9.6m
- Revenue
- $1.4m
- Investments
- $0.0
- Employees
- 0
- Location
- Rochester, MN
- Founding
- 04/1984
- Data as of
- 12/2021
- EIN
- 41-1453827
Organization Overview
Hiawatha Homes Foundation is located in Rochester, MN. The organization was established in 1984. According to its NTEE Classification (F33) the organization is classified as: Residential Mental Health Treatment, under the broad grouping of Mental Health & Crisis Intervention and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hiawatha Homes Foundation 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, Hiawatha Homes Foundation generated $1.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.8% each year. All expenses for the organization totaled $708.8k during the year ending 12/2021. While expenses have increased by 0.0% per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
DEVELOP, SECURE AND MANAGE FINANCIAL RESOURCES FOR THE BENEFIT OF HIAWATHA HOMES, INC., A RELATED 501(C)(3). SUPPORT HIAWATHA HOMES IN PROVIDING RESIDENTIAL, IN-HOME, AND COMMUNITY-BASED CHOICES FOR PEOPLE WITH DISABILITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION PROVIDES SUPPORT TO HIAWATHA HOMES, INC. THROUGH PUBLIC RELATIONS ACTIVITIES AND BY CULTIVATING AND MANAGING GIFTS GIVEN TO BENEFIT PEOPLE SUPPORTED BY HIAWATHA HOMES, INC.'S PROGRAMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Matt Nigbur Past President | OfficerTrustee | 2 | $0 |
Kathleen Davis President | OfficerTrustee | 2 | $0 |
Lisett Comai-Legrand Vice President | OfficerTrustee | 2 | $0 |
Deb Falbo President Hiawatha Homes | OfficerTrustee | 2 | $0 |
Roger Dearth Treasurer | OfficerTrustee | 2 | $0 |
Cindy S Ostrowski Chief Executive Officer | Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $146,067 |
| Related organizations | $0 |
| Government grants | $17,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $102,374 |
| Noncash contributions included in lines 1a–1f | $23,192 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $265,441 |
| Total Program Service Revenue | $399,000 |
| Investment income | $74,810 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $685,166 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,424,760 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $22,206 |
| 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. | $44,187 |
| Compensation of current officers, directors, key employees. | $15,465 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $77,750 |
| Pension plan accruals and contributions | $227 |
| Other employee benefits | $26,462 |
| Payroll taxes | $7,205 |
| Fees for services: Management | $9,300 |
| 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 | $29,306 |
| Fees for services: Other | $0 |
| Advertising and promotion | $12,596 |
| Office expenses | $6,719 |
| Information technology | $5,397 |
| Royalties | $0 |
| Occupancy | $59,455 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $113 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $396,896 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $708,766 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $855,109 |
| Savings and temporary cash investments | $7,404 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $4,954 |
| 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 | $1,451 |
| Net Land, buildings, and equipment | $4,387,216 |
| Investments—publicly traded securities | $4,304,965 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $9,561,099 |
| Accounts payable and accrued expenses | $64,141 |
| 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 | $64,141 |
| Net assets without donor restrictions | $9,444,335 |
| Net assets with donor restrictions | $52,623 |
| 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 | $9,561,099 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Hiawatha Homes Foundation has recieved totaling $22,192.
| Awarding Organization | Amount |
|---|---|
Casey Albert T Oneil Foundation First Trust Co Of St Paul Ttee Milwaukee, WI PURPOSE: GENERAL OPERATING | $12,000 |
Poterucha Family Foundation Rochester, MN PURPOSE: UNRESTRICTED GIFT | $10,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $117 |
Jamf Nation Global Foundation Minneapolis, MN PURPOSE: TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | $75 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Guild Saint Paul, MN | $10,769,687 | $20,173,743 |
Handicapped Development Center Davenport, IA | $35,091,381 | $23,612,194 |
Open Door Center Valley City, ND | $9,648,976 | $15,137,530 |
Northwest Passage Limited Webster, WI | $8,068,640 | $12,387,933 |
Our Home Inc Huron, SD | $8,615,377 | $8,241,314 |
Mccrossan Boys Ranch Sioux Falls, SD | $31,871,763 | $7,602,830 |
Ellipsis Inc Johnston, IA | $11,044,724 | $15,079,487 |
Vail Place Inc Hopkins, MN | $4,149,468 | $7,242,189 |
Norris Inc Mukwonago, WI | $38,370,583 | $6,051,091 |
Prairie View Management Inc Fayette, IA | $7,123,105 | $6,233,877 |
Exceptional Opportunities Inc Algona, IA | $6,292,076 | $6,331,856 |
Sesdac Inc Vermillion, SD | $7,440,151 | $7,313,000 |