Cys Place
- Assets
- $826.2k
- Revenue
- $55.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Rochester, MN
- Founding
- 06/2014
- Data as of
- 12/2021
- EIN
- 46-1721714
Organization Overview
Cys Place is located in Rochester, MN. The organization was established in 2014. According to its NTEE Classification (P61) the organization is classified as: Travelers Aid, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cys Place 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, Cys Place generated $55.4k 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 (7.3%) each year. All expenses for the organization totaled $16.4k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (6.5%) 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
MAINTAIN A HOME-AWAY-FROM-HOME SETTING, PRIMARILY FOR PEDIATRIC PATIENTS WHO ARE IMMUNOCOMPROMISED.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DURING 2021, FOURTEEN GUESTS FROM SEVEN FAMILIES STAYED AT CY'S PLACE. FAMILIES ARE ASKED TO PAY A SMALL FEE OF $10 PER FAMILY PER NIGHT, BUT MAY STAY WITHOUT CHARGE WHEN THEY FACE FINANCIAL HARDSHIP.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Grant Michaletz Vice President | OfficerTrustee | 1 | $0 |
Randy Erickson President | OfficerTrustee | 1 | $0 |
Ree Erickson Secretary | OfficerTrustee | 1 | $0 |
Jason Tjelta Treasurer | OfficerTrustee | 1 | $0 |
Ethan Christofferson Director | Trustee | 1 | $0 |
Dr Shakila Khan Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $923 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $51,833 |
| Noncash contributions included in lines 1a–1f | $1,271 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $52,756 |
| Total Program Service Revenue | $1,250 |
| Investment income | $1,427 |
| 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 | $55,433 |
| 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 | $1,313 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $752 |
| Information technology | $1,548 |
| Royalties | $0 |
| Occupancy | $11,013 |
| 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 | $234 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $16,397 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $13,747 |
| Savings and temporary cash investments | $313,275 |
| 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 | $500 |
| Net Land, buildings, and equipment | $498,637 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $826,159 |
| Accounts payable and accrued expenses | $1,461 |
| 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 | $1,461 |
| Net assets without donor restrictions | $808,731 |
| Net assets with donor restrictions | $15,967 |
| 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 | $826,159 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Cys Place has recieved totaling $289.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $289 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Safe Families For Children Alliance Chicago, IL | $3,523,068 | $9,924,305 |
Douglass Community Services Inc Hannibal, MO | $3,361,431 | $10,312,306 |
Rimland Services Nfp Evanston, IL | $9,728,915 | $10,325,660 |
Avery Coonley School Downers Grove, IL | $18,999,451 | $10,214,610 |
Life Center Incorporated Livonia, MI | $3,564,999 | $10,151,694 |
Spero Family Services Mount Vernon, IL | $7,180,018 | $13,404,846 |
Hospice Of Kankakee Valley Inc Bourbonnais, IL | $24,029,362 | $11,860,695 |
La Crosse Area Family Y M C A Inc La Crosse, WI | $28,629,813 | $12,107,335 |
Community Living Connections Inc Madison, WI | $3,670,127 | $10,342,244 |
Central Missouri Area Agency On Aging Columbia, MO | $2,065,141 | $9,894,401 |
Innovative Housing Development Corporation Fort Gratiot, MI | $7,028,193 | $10,712,191 |
Catholic Charites Of Kc St Joseph Inc Kansas City, MO | $5,341,549 | $14,556,013 |