Linwood Property Inc
- Assets
- $9.8m
- Revenue
- $320.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Kansas City, MO
- Founding
- 09/1997
- Data as of
- 12/2021
- EIN
- 43-1771169
Organization Overview
Linwood Property Inc is located in Kansas City, MO. The organization was established in 1997. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Linwood Property 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, Linwood Property Inc generated $320.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (7.4%) each year. All expenses for the organization totaled $739.0k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (3.1%) per year over the past 7 years. 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
TO REDEVELOP A CHURCH PROPERTY IN THE CENTRAL CORE OF KANSAS CITY, MO, FOR OFFICES OF HEARTLAND PRESBYTERY, AN AREA HEADQUARTERS OF THE PRESBYTERIAN CHURCH (USA) AND FOR 501(C)(3) AGENCIES AND PROGRAMS SERVING THE COMMUNITY IN WHICH THE PROPERTY IS LOCATED.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO DEVELOP, OVERSEE, MANAGE AND OPERATE THE PROPERTY OR PROPERTIES IDENTIFIED AS THE FORMER LINWOOD PRESBYTERIAN CHURCH AND SUCH OTHER PROPERTIES AS MAY FROM TIME BE ACQUIRED AND TO PLAN, FINANCE AND ACCOMPLISH THE REDEVELOPMENT OF THE PROPERTY; TO MAINTAIN THE PROPERTIES WHEN DEVELOPED AND FULFILL THE MISSION FOR WHICH THE PROPERTIES ARE DEDICATED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Warm President | Trustee | 4 | $0 |
Alan Purvis Member | Trustee | 1 | $0 |
The Rev Ky Weekley Member | Trustee | 1 | $0 |
Karen Boyd Member | Trustee | 1 | $0 |
Kite Singleton Vice President | Trustee | 4 | $0 |
Don Spencer Member | Trustee | 1 | $0 |
Financial Statements
| 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 | $93,086 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $93,086 |
| Total Program Service Revenue | $101,092 |
| Investment income | $126,682 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| 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 | $320,860 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $50,000 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $9,794 |
| Fees for services: Accounting | $16,535 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $25,000 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| 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 | $263,868 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $738,957 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $633,782 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $14,494 |
| 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 | $8,904,479 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | -$28 |
| Intangible assets | $248,661 |
| Other assets | $0 |
| Total assets | $9,801,388 |
| 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 | $3,186,890 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $3,186,890 |
| Net assets without donor restrictions | $6,614,498 |
| 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 | $9,801,388 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Linwood Property Inc has recieved totaling $35,000.
| Awarding Organization | Amount |
|---|---|
Ewing Marion Kauffman Foundation Kansas City, MO PURPOSE: SUPPORT EXPANDED COMMUNITY PROGRAMMING AND NON-PROFIT PARTNERSHIPS AT THE LINWOOD AREA MINISTRIES PLACE (LAMP). INCLUDES INCREASED WORKFORCE TRAINING, STEM EDUCATION, DIGITAL INCLUSION, AND SOCIAL SERVICES FOR LOW-INCOME INDIVIDUALS AND FAMILIES. 202108-11168 | $35,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Operation Compassion A Tennessee Non-Profit Corporation Cleveland, TN | $18,764,537 | $70,147,882 |
Barnabas Foundation Crete, IL | $428,082,293 | $83,271,055 |
Answers In Genesis Inc Petersburg, KY | $94,175,549 | $47,216,237 |
Ministry Health Care Inc St Louis, MO | $291,511,056 | $25,156,032 |
Good News Publishers Wheaton, IL | $44,141,237 | $30,597,185 |
Martha Obryan Center Inc Nashville, TN | $41,203,339 | $31,115,116 |
Awana Clubs International St Charles, IL | $16,214,341 | $23,700,094 |
Health Ministries Clinic Inc Newton, KS | $19,446,224 | $22,871,961 |
Foundation For A Christian Civilization Inc Rossville, KS | $19,284,785 | $19,952,584 |
Bill Winston Ministries Forest Park, IL | $6,676,875 | $15,498,938 |
Breakthrough Urban Ministries Inc Chicago, IL | $9,536,563 | $12,933,979 |
Haven Of Our Lady Of Peace Inc St Louis, MO | $8,612,583 | $10,375,484 |