A J Magnus Home
- Assets
- $632.8k
- Revenue
- $126.9k
- Investments
- $355.8k
- Employees
- 0
- Location
- Muscatine, IA
- Founding
- 06/1971
- Data as of
- 10/2021
- EIN
- 42-0950682
Organization Overview
A J Magnus Home is located in Muscatine, IA. The organization was established in 1971. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. A J Magnus Home 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 10/2021, A J Magnus Home generated $126.9k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 4.5% each year. All expenses for the organization totaled $99.1k during the year ending 10/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, A J Magnus Home has awarded 22 individual grants totaling $360,602. 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
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
WELFARE ASSISTANCE-PROVIDING PLEASANT HOME AND NUTRITIONAL MEALS FOR ELDERLY MEN IN CITY AND COUNTY OF MUSCATINE IA INCLUDING FINANCIAL ASSISTANCE
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mike Hagerty President | 0.4 | $0 | |
Anne Carroll Treasurer | 0.4 | $0 | |
Scott Warren Board Member | 0.4 | $0 | |
Michael Johannsen Board Member | 0.4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $2 |
| Dividends & Interest | $35,997 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $40,424 |
| Capital Gain Net Income | $40,424 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $50,526 |
| Total Revenue | $126,949 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,283 |
| Depreciation | $22,201 |
| Occupancy | $36,133 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2,018 |
| Total operating and administrative expenses | $71,235 |
| Contributions, gifts, grants paid | $27,862 |
| Total expenses and disbursements | $99,097 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $19,567 |
| Savings and temporary cash investments | $80,823 |
| 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 | $0 |
| Net Land, buildings, and equipment | $176,652 |
| Other assets | $0 |
| Total assets | $632,824 |
| 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, A J Magnus Home has awarded $27,862 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
MCSA PURPOSE: COVER RESIDENTS INSPECTION FEES | $15,000 |
MUSCATINE SENIOR RESOURCES PURPOSE: ASSIST SENIORS LIVING AT HOME | $12,862 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Wayside House Inc St Louis Park, MN | $4,548,768 | $9,185,572 |
Pioneer Concepts Inc Galesburg, IL | $32,518,138 | $9,746,303 |
Lake County Crisis Center For The Prevtn & Trmt Of Dom Violence Inc Zion, IL | $5,631,420 | $7,014,618 |
Good Shepherd Lutheran Home Rushford, MN | $5,235,289 | $7,321,984 |
Rutledge Youth Foundation Inc Springfield, IL | $1,501,927 | $4,932,933 |
Central Iowa Shelter & Services Des Moines, IA | $16,046,844 | $7,232,062 |
Partnership Resources Inc Minneapolis, MN | $2,279,751 | $4,670,067 |
Alexian Brothers Bonaventure House St Louis, MO | $6,669,362 | $3,581,611 |
Eastwood Of Ames Inc Spencer, IA | $21,177,734 | $3,310,260 |
Our Little Haven St Louis, MO | $19,035,501 | $4,544,777 |
Apna Ghar Inc Our Home Chicago, IL | $5,108,280 | $4,062,443 |
Willis Dady Emergency Shelter Inc Cedar Rapids, IA | $7,658,344 | $4,943,373 |