Kings Daughters Home For Old People
- Assets
- $7.7m
- Revenue
- $427.1k
- Investments
- $7.1m
- Employees
- 0
- Location
- Burlington, IA
- Founding
- 05/1959
- Data as of
- 03/2022
- EIN
- 42-0627329
Organization Overview
Kings Daughters Home For Old People is located in Burlington, IA. The organization was established in 1959. According to its NTEE Classification (T23) the organization is classified as: Private Operating Foundations, 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. Kings Daughters Home For Old People 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 03/2022, Kings Daughters Home For Old People generated $427.1k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 7.3% each year. All expenses for the organization totaled $500.9k during the year ending 03/2022. While expenses have increased by 3.2% per year over the past 6 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.
Since 2016, Kings Daughters Home For Old People has awarded 113 individual grants totaling $410,867. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATION OF A FACILITY FOR THE LONG-TERM CARE, COMFORT AND MAINTENANCE OF ELDERLY PERSONS
SUPPORT OF CAMP LOOKOUT IN MONTROSE, IA
AWARD OF COLLEGE SCHOLARSHIPS TO AREA HIGH SCHOOL STUDENTS
SUPPORT OF NUMEROUS AREA CHARITABLE ORGANIZATIONS THAT ENHANCE THE QUALITY OF LIFE TO THE ELDERLY HOME RESIDENTS AND CITIZENS OF THE GREATER BURLINGTON, IOWA AREA, WITH EACH INDIVIDUAL CONTRIBUTION EQUAL TO 6,000 OR LESS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Two Rivers Bank Trust Trustee | 5 | $43,140 | |
Rebecca Teater Director | 1 | $0 | |
Sharon Walden Director | 1 | $0 | |
Kay Jacobs Secretary | 2 | $0 | |
Marti Huskey President | 2 | $0 | |
Lynn Carlson Treasurer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,399 |
| Interest on Savings | $0 |
| Dividends & Interest | $218,437 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $151,152 |
| Capital Gain Net Income | $151,152 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $56,071 |
| Total Revenue | $427,059 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $43,140 |
| Other employee salaries and wages | $213,287 |
| Pension plans, employee benefits | $17,635 |
| Interest | $0 |
| Taxes | $517 |
| Depreciation | $16,953 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $104,049 |
| Total operating and administrative expenses | $399,381 |
| Contributions, gifts, grants paid | $101,525 |
| Total expenses and disbursements | $500,906 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $333,406 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $2,143,565 |
| Net Land, buildings, and equipment | $316,389 |
| Other assets | $0 |
| Total assets | $7,742,987 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Kings Daughters Home For Old People has awarded $101,525 in support to 30 organizations.
| Grant Recipient | Amount |
|---|---|
CAMP LOOKOUT PURPOSE: CAMP OPERATIONS | $25,500 |
HEART SONG PURPOSE: ELDERLY SUPPORT | $10,000 |
OTHER MISCELLANEOUS PURPOSE: DONATION | $7,525 |
IOKDS -CHAUTAUQUA PURPOSE: DONATION | $7,500 |
STEAMBOAT SENIOR CENTER PURPOSE: DONATION | $4,500 |
SALVATION ARMY PURPOSE: FOOD PANTRY | $3,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Terra Foundation For American Art Chicago, IL | $631,506,305 | $28,063,083 |
Johnny Morris Foundation Springfield, MO | $120,561,207 | $600,000 |
Roderick And Solange Macarthur Justice Center Niles, IL | $137,820,704 | $9,175,098 |
John C Proctor Endowment Peoria, IL | $3,704,865 | $6,462,862 |
Collective Impact Network Saint Louis, MO | $21,375,860 | $4,592,347 |
Wacosa Waite Park, MN | $12,140,309 | $9,104,818 |
Land Conservation Trust Of Southern Illinois Chicago, IL | $0 | $8,667,779 |
World Food Prize Foundation Urbandale, IA | $73,712,928 | $6,192,203 |
Center To Combat Human Trafficking Decatur, IL | $69,172,505 | $43,496,794 |
Chipstone Foundation Milwaukee, WI | $75,856,336 | $12,810,541 |
Fmc Aquatic Opportunities Chicago, IL | $22,984,375 | $1,955,015 |
Johnson Foundation Inc Racine, WI | $58,249,744 | $4,338,703 |