Crossroads Center
- Assets
- $9.7m
- Revenue
- $3.6m
- Investments
- $0.0
- Employees
- 75
- Location
- Hastings, NE
- Founding
- 01/1988
- Data as of
- 09/2023
- EIN
- 47-0700215
Organization Overview
Crossroads Center is located in Hastings, NE. The organization was established in 1988. According to its NTEE Classification (L41) the organization is classified as: Homeless Shelters, under the broad grouping of Housing & Shelter and related organizations. As of 09/2023, Crossroads Center employed 75 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Crossroads Center 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 09/2023, Crossroads Center generated $3.6m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.2% each year . All expenses for the organization totaled $2.8m during the year ending 09/2023. While expenses have increased by 13.5% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE A CHRIST CENTERED MINISTRY OF SHELTER, ASSISTANCE AND ACCEPTANCE TO THE HOMELESS IN THE AREA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE SHELTER AND GUIDANCE, EMERGENCY AID, INDIVIDUAL AND FAMILY LIVING QUARTERS, HOT MEAL PREPARATION AND CLOTHING TO HOMELESS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brian Levander President | OfficerTrustee | 1 | $0 |
Gayle Bonnes Vice President | OfficerTrustee | 1 | $0 |
James Carson Treasurer | OfficerTrustee | 1 | $0 |
Dustin Stuehrenberg Secretary | OfficerTrustee | 1 | $0 |
Craig Ostermeyer Board Member | Trustee | 1 | $0 |
Zach Hunt Board Member | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
True Sense Marketing Fundraising | 9/29/23 | $185,260 |
Fox Contruction Construction | 9/29/23 | $116,800 |
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 | $1,674,491 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,674,491 |
| Total Program Service Revenue | $1,693,597 |
| Investment income | $13,131 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$112,581 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,610,898 |
| 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. | $142,180 |
| Compensation of current officers, directors, key employees. | $11,374 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,254,585 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $32,646 |
| Payroll taxes | $106,834 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $21,506 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $185,260 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $16,428 |
| Office expenses | $19,469 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $11,745 |
| Travel | $45,422 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $72,288 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $264,551 |
| Insurance | $111,487 |
| All other expenses | $147,819 |
| Total functional expenses | $2,842,967 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $513,275 |
| Savings and temporary cash investments | $265,000 |
| Pledges and grants receivable | $5,170 |
| Accounts receivable, net | $8,544 |
| 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 | $8,207,710 |
| Investments—publicly traded securities | $644,928 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $22,559 |
| Total assets | $9,667,186 |
| Accounts payable and accrued expenses | $178,988 |
| 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 | $1,803,514 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,982,502 |
| Net assets without donor restrictions | $7,466,499 |
| Net assets with donor restrictions | $218,185 |
| 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 | $9,667,186 |