Heritage Home Educational Society
- Assets
- $3.7m
- Revenue
- $615.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Cleveland, OH
- Founding
- 01/2015
- Data as of
- 12/2022
- EIN
- 45-5078402
Organization Overview
Heritage Home Educational Society is located in Cleveland, OH. The organization was established in 2015. According to its NTEE Classification (L80) the organization is classified as: Housing Support, 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. Heritage Home Educational Society 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, Heritage Home Educational Society generated $615.3k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.4% each year. All expenses for the organization totaled $113.2k during the year ending 12/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO EDUCATE THE PUBLIC ABOUT THE PROPER TECHNIQUES FOR THE REPAIR AND MAINTENANCE OF OLDER AND HISTORICAL HOMES THROUGH SEMINARS, PRESENTATIONS AND INDIVIDUAL TECHNICAL ASSISTANCE TO HOMEOWNER.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ASSIST HOMEOWNERS IN MAKING ARCHITECTURALLY APPROPRIATE REPAIRS, ADDITIONS AND OTHER CHANGES TO OLDER AND HISTORIC HOMES INCLUDING PREPARATION OF CONSTRUCTION SPECIFICATIONS, RECOMMENDATION OF POTENTIAL CONTRACTORS, INDEPENDENT EVALUATION AND ADVICE ON CONTRACTOR BIDS, AND ADMINISTRATION OF A LOW INTEREST HERITAGE HOME LOAN PROGRAM. HHES PROVIDES SERVICES TO THE OWNERS OF HOMES THAT NEED TO BE REHABBED. ONE OF THE SERVICES PROVIDED IS FREE TECHNICAL ASSISTANCE RELATING TO ALL QUESTIONS RELATED TO THE MAINTENANCE, REPAIR AND RESTORATION OF A HOME THAT IS MORE THAN 50 YEARS OLD. DURING 2022, HHES PROVIDED TECHNICAL ASSISTANCE TO 2,155 REHAB PROJECTS AND MADE 1,709 IN PERSON AND VIRTUAL VISITS TO SUCH OLDER HOMES TO PROVIDE FREE ADVICE TO THE HOMEOWNERS. IN ADDITION HHES FACILITATED 124 REHAB LOANS AND HELD THE LOAN PROCEEDS IN ESCROW WHILE THE REHAB WORK WAS BEING DONE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kathleen H Crowther President | OfficerTrustee | 8 | $0 |
Michael Cummins Director & T | OfficerTrustee | 2 | $0 |
William Hubbard Secretary | OfficerTrustee | 2 | $0 |
Joseph Marinucci Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $235,500 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $235,500 |
| Total Program Service Revenue | $376,140 |
| Investment income | $3,685 |
| 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 | $615,325 |
| 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. | $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 | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $12,184 |
| Advertising and promotion | $77,080 |
| Office expenses | -$86 |
| Information technology | $10,554 |
| Royalties | $0 |
| Occupancy | $1,090 |
| Travel | $11,245 |
| 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 | $0 |
| Insurance | $0 |
| All other expenses | $1,165 |
| Total functional expenses | $113,232 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $3,744,286 |
| Pledges and grants receivable | $0 |
| 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 | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,744,286 |
| Accounts payable and accrued expenses | $5,555 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $3,744,286 |
| 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 | $3,749,841 |
| Net assets without donor restrictions | -$5,555 |
| 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 | $3,744,286 |