Peace House Community is located in Minneapolis, MN. The organization was established in 1999. According to its NTEE Classification (P60) the organization is classified as: Emergency Assistance, under the broad grouping of Human Services and related organizations. As of 12/2022, Peace House Community employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Peace House Community 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, Peace House Community generated $301.6k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 10.9% each year . All expenses for the organization totaled $304.2k during the year ending 12/2022. While expenses have increased by 13.9% per year over the past 4 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
PEACE HOUSE COMMUNITY (PHC) NOURISHES ITS MEMBERS' BODIES AND SOULS BY PROVIDING A SAFE SPACE FOR ECONOMICALLY MARGINALIZED WOMEN AND MEN. PHC ENRICHES THE LIVES OF ITS MEMBERS, VOLUNTEERS AND STUDENTS BY OFFERING A PLACE TO BELONG FOR EVERYONE WHO COMES THROUGH ITS DOORS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PEACE HOUSE COMMUNITY IS OPEN FROM 9:30 A.M. TO 2:30 P.M. EACH WEEKDAY, SERVING AN AVERAGE OF 96 COMMUNITY MEMBERS A DAY, PHC RENTS ITS BUILDING TO LOAVES AND FISHES, WHICH SERVES TO-GO DINNERS FROM 5:00 P.M. -6:00 P.M. EACH WEEKNIGHT. L&F SERVES ABOUT 170 MEALS PER NIGHT.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Martin Maltby Director(non Voting) | Officer | 35 | $73,359 |
Patrick Messmer Board Member | Trustee | 2 | $0 |
Jane Murphy Board Member | Trustee | 2 | $0 |
Monica Nilsson Board Member | Trustee | 2 | $0 |
Meg Mannix Board Member | Trustee | 2 | $0 |
Kelly Simon Board Member | Trustee | 2 | $0 |
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 | $294,802 |
Noncash contributions included in lines 1a–1f | $43,591 |
Total Revenue from Contributions, Gifts, Grants & Similar | $294,802 |
Total Program Service Revenue | $0 |
Investment income | $343 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $6,500 |
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 | $301,645 |
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. | $73,359 |
Compensation of current officers, directors, key employees. | $5,869 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $68,718 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $11,186 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $1,525 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $6,950 |
Advertising and promotion | $6,586 |
Office expenses | $961 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $28,814 |
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 | $19,086 |
Insurance | $9,131 |
All other expenses | $0 |
Total functional expenses | $304,204 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $52,645 |
Savings and temporary cash investments | $306,743 |
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 | $341,218 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $700,606 |
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 | $700,606 |
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 | $700,606 |