Holmen Area Community Center Inc
- Assets
- $172.7k
- Revenue
- $161.7k
- Investments
- $0.0
- Employees
- 5
- Location
- Holmen, WI
- Founding
- 04/2016
- Data as of
- 12/2021
- EIN
- 47-5400335
Organization Overview
Holmen Area Community Center Inc is located in Holmen, WI. The organization was established in 2016. According to its NTEE Classification (P28) the organization is classified as: Neighborhood Centers, under the broad grouping of Human Services and related organizations. As of 12/2021, Holmen Area Community Center Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Holmen Area Community Center 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, Holmen Area Community Center Inc generated $161.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (9.3%) each year. All expenses for the organization totaled $160.4k during the year ending 12/2021. 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 SUSTAIN A WELCOMING COMMUNITY CENTER THAT CONNECTS ALL GENERATIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO SUSTAIN A WELCOMING COMMUNITY CENTER THAT CONNECTS ALL GENERATIONS.
TO SUSTAIN A WELCOMING COMMUNITY CENTER THAT CONNECTS ALL GENERATIONS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Betsy Midthun Director | OfficerTrustee | 1 | $0 |
Bob Stupi Treasurer | OfficerTrustee | 1 | $0 |
Jeff Ascher Secretary | OfficerTrustee | 20 | $0 |
Mary Lin Wershofen Board Presid | OfficerTrustee | 10 | $0 |
Kelly Dunn Bookkeeper | Trustee | 10 | $0 |
Cheryl Hancock Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $16,023 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $80,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $57,110 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $153,133 |
| Total Program Service Revenue | $6,914 |
| Investment income | $256 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $1,434 |
| 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 | $161,737 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $33,433 |
| 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 | $71,669 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $5,533 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $945 |
| Fees for services: Accounting | $750 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $5,871 |
| Advertising and promotion | $2,766 |
| Office expenses | $5,379 |
| Information technology | $3,498 |
| Royalties | $0 |
| Occupancy | $15,096 |
| 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 | $1,536 |
| Insurance | $3,701 |
| All other expenses | $783 |
| Total functional expenses | $160,423 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $137,037 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $33,334 |
| 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 | $2,304 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $172,675 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $2,003 |
| Total liabilities | $2,003 |
| Net assets without donor restrictions | $137,338 |
| Net assets with donor restrictions | $33,334 |
| 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 | $172,675 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Holmen Area Community Center Inc has recieved totaling $76.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $76 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Jewish Community Centers Of Chicago Northbrook, IL | $32,100,080 | $36,016,518 |
Access Dearborn, MI | $59,514,344 | $39,029,930 |
Christopher House Chicago, IL | $33,720,951 | $17,812,600 |
Harry And Rose Samson Family Jewish Community Center Inc Milwaukee, WI | $35,315,699 | $16,004,806 |
Illinois Valley Economic Development Corporation Gillespie, IL | $10,213,117 | $12,871,586 |
Pillsbury United Communities Minneapolis, MN | $18,864,376 | $15,266,660 |
Lakes & Prairies Community Action Partnership Inc Moorhead, MN | $5,391,200 | $11,078,920 |
Erie Neighborhood House Chicago, IL | $11,699,595 | $9,786,163 |
East Side Neighborhood Service Inc Minneapolis, MN | $7,670,866 | $8,888,574 |
Irwin A And Robert D Goodman Community Center Inc Madison, WI | $24,842,387 | $10,176,996 |
Jewish Community Center Of Metropolitan Detroit West Bloomfield, MI | $28,442,224 | $11,397,517 |
The Ark Chicago, IL | $15,671,677 | $9,993,897 |