Welcome Home Inc
- Assets
- $4.8m
- Revenue
- $2.7m
- Investments
- $827.1k
- Employees
- 43
- Location
- Columbia, MO
- Founding
- 10/1985
- Data as of
- 12/2021
- EIN
- 43-1372690
Organization Overview
Welcome Home Inc is located in Columbia, MO. The organization was established in 1985. According to its NTEE Classification (W30) the organization is classified as: Military & Veterans Organizations, under the broad grouping of Public & Societal Benefit and related organizations. As of 12/2021, Welcome Home Inc employed 43 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Welcome Home 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 12/2021, Welcome Home Inc generated $2.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.2% each year. All expenses for the organization totaled $2.0m during the year ending 12/2021. 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
WELCOME HOME WORKS TO HONOR VETERANS AND RESTORE LIVES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE TRANSITIONAL HOUSING AS WELL AS SUPPORTIVE SERVICES FOR VETERANS OF THE UNITED STATES MILITARY WHO ARE HOMELESS OR AT RISK OF HOMELESSNESS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Megan Sievers Executive Director | Officer | 48 | $95,187 |
Tanner Sutton Treasurer | OfficerTrustee | 2 | $0 |
Dale Fitch Secretary | OfficerTrustee | 2 | $0 |
Joseph Blanton President | OfficerTrustee | 2 | $0 |
Jenny Lorenz-Rudkin Vice President | OfficerTrustee | 2 | $0 |
Daniel Beckett Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $166,835 |
| Related organizations | $0 |
| Government grants | $1,350,739 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,216,250 |
| Noncash contributions included in lines 1a–1f | $289,878 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,733,824 |
| Total Program Service Revenue | $0 |
| Investment income | $7,688 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$4,503 |
| Net Income from Fundraising Events | $5,897 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,743,236 |
| 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. | $100,717 |
| Compensation of current officers, directors, key employees. | $10,020 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $990,303 |
| Pension plan accruals and contributions | $7,095 |
| Other employee benefits | $94,701 |
| Payroll taxes | $77,575 |
| Fees for services: Management | $8,245 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $37,364 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $27,480 |
| Advertising and promotion | $6,292 |
| Office expenses | $36,078 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $59,974 |
| Travel | $9,968 |
| 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 | $147,405 |
| Insurance | $38,061 |
| All other expenses | $49,480 |
| Total functional expenses | $1,984,440 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $402,017 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $245,638 |
| 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 | $245,208 |
| Prepaid expenses and deferred charges | $18,139 |
| Net Land, buildings, and equipment | $3,076,949 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $827,138 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $4,815,089 |
| Accounts payable and accrued expenses | $121,575 |
| 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 | $121,575 |
| Net assets without donor restrictions | $4,466,614 |
| Net assets with donor restrictions | $226,900 |
| 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 | $4,815,089 |
Grants Recieved
Over the last fiscal year, we have identified 11 grants that Welcome Home Inc has recieved totaling $586,503.
| Awarding Organization | Amount |
|---|---|
Veterans United Foundation Columbia, MO PURPOSE: 10 YEARS: BEAUTIFICATION, ACCESSIBILITY, AND ENHANCE | $286,000 |
Veterans United Foundation Columbia, MO PURPOSE: NP: 2021 SUPPORTIVE SERVICES FOR VETERANS | $87,500 |
Veterans United Foundation Columbia, MO PURPOSE: NP: TRANSITIONAL SHELTER, HOUSING EMPLOYMENT. | $87,500 |
Fraternal Order Of Eagles Foundation Grove City, OH PURPOSE: EQUIPMENT/SUPPLIES | $61,253 |
Giving Branch Foundation Columbia, MO PURPOSE: PROGRAM SUPPORT | $20,000 |
Disabled American Veterans Charitable Service Trust Erlanger, KY PURPOSE: Homeless/Indigent/ Crisis Intervention | $10,000 |
Endowment Analysis
| Net Contributions | $461,000 |
| Other Expense | $234,100 |
| Ending Balance | $226,900 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
H E R O E S Care Inc Fenton, MO | $4,492,001 | $18,882,199 |
Disabled American Veterans Kansas City, MO | $10,841,900 | $17,342,130 |
American Legion Bowling Green, KY | $1,050,755 | $11,898,405 |
Armed Services Mutual Benefit Association Goodlettsville, TN | $55,566,131 | $7,665,042 |
Veterans Of Foreign Wars Of The United States Auxillary Kansas City, MO | $115,995,007 | $13,500,016 |
Veterans Community Project Kansas City, MO | $14,262,405 | $11,060,934 |
American Legion Auxiliary Bowling Green, KY | $99,496 | $4,500,725 |
Disabled American Veterans Paid Time Off Plan And Tr Erlanger, KY | $4,127,164 | $2,957,196 |
Amvets Springfield, IL | $604,546 | $3,188,714 |
Cov Inc Murfreesboro, TN | $390,398 | $2,770,188 |
Disabled American Veterans Thrift Store Inc Wichita, KS | $839,064 | $1,958,775 |
Welcome Home Inc Columbia, MO | $4,815,089 | $2,743,236 |