Loving Hearts & Caring Hands Inc
- Assets
- $1.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Madisonville, TN
- Founding
- 07/2014
- Data as of
- 12/2022
- EIN
- 45-4654570
Organization Overview
Loving Hearts & Caring Hands Inc is located in Madisonville, TN. The organization was established in 2014. According to its NTEE Classification (L02) the organization is classified as: Management & Technical Assistance, 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. Loving Hearts & Caring Hands 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 12/2022, Loving Hearts & Caring Hands Inc generated $78.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.1% each year. All expenses for the organization totaled $77.5k during the year ending 12/2022. While expenses have increased by 2.8% per year over the past 7 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Andrew Rasmussen President | 30 | $10,500 | |
Vickie Rasmussen Secetary | 40 | $10,500 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $78,805 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $78,805 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $21,000 |
| Occupancy, rent, utilities, and maintenance | $32,450 |
| Printing, publications, postage, and shipping | $396 |
| Other expenses | $23,618 |
| Total expenses | $77,464 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $1,718 |
| Other assets | $0 |
| Total assets | $1,718 |
| Total liabilities | $0 |
| Net assets or fund balances | $1,718 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Fv Services Inc St Louis, MO | $7,345,629 | $6,995,820 |
Virginia Mennonite Retirement Community Harrisonburg, VA | $42,827,951 | $8,073,755 |
North Carolina Housing Services And Management Corporation Winstonsalem, NC | $840,720 | $4,697,596 |
Mosaic Development Group Inc Charlotte, NC | $17,779,352 | $3,061,867 |
Nho Management Inc Memphis, TN | $6,297,226 | $909,535 |
Virginia Apartment Management Association Richmond, VA | $2,254,574 | $1,543,902 |
Housing Resource Center Inc Atlanta, GA | $871,531 | $545,075 |
Loving Hearts & Caring Hands Inc Madisonville, TN | $1,718 | $0 |
Saint Louis City Continuum Of Care Saint Louis, MO | $151,351 | $211,491 |
Melkie Jones Homeownership Inc Murfreesboro, TN | $3,680 | $0 |
Inspire Your Daughters Atlanta, GA | $0 | $0 |
Plumb Line Foundation Knightdale, NC | $10,506 | $0 |