Winston Salem Rescue Mission
- Assets
- $6.6m
- Revenue
- $4.2m
- Investments
- $0.0
- Employees
- 56
- Location
- Winstonsalem, NC
- Founding
- 06/1968
- Data as of
- 06/2023
- EIN
- 56-0891921
Organization Overview
Winston Salem Rescue Mission is located in Winstonsalem, NC. The organization was established in 1968. 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 06/2023, Winston Salem Rescue Mission employed 56 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Winston Salem Rescue Mission 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 06/2023, Winston Salem Rescue Mission generated $4.2m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.1% each year. All expenses for the organization totaled $4.2m during the year ending 06/2023. While expenses have increased by 3.6% per year over the past 8 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
PROVIDE FOOD, CLOTHING, SHELTER AND SPIRITUAL ASSISTANCE TO MEN IN NEED. HELP REHABILITATE INDIVIDUALS SO THAT THEY MAY AGAIN BECOME PRODUCTIVE MEMBERS OF SOCIETY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OUR LIFE BUILDERS PROGRAM IS A 90-DAY MEN'S RESIDENTIAL PROGRAM PROVIDING STRUCTURE, DISCIPLINE, ACCOUNTABILITY, RECOVERY CLASSES, GED AND COMPUTER EDUCATION, WORK THERAPY, INTEGRATED BIBLICAL COUNSELING AND SPIRITUAL GUIDANCE. THIS PROGRAM HAS A 62-BED CAPACITY AT OUR WINSTON-SALEM CAMPUS. DURING 2022-2023, 147 MEN WERE SERVED THROUGH THE PROGRAM, WITH 91 GRADUATING. OF THOSE, 21 GRADUATES WENT INTO OUR 1-YEAR NEW LIFE CENTER TRANSFORMERS PROGRAM. ADDITIONALLY, 15 MEN WENT ON TO OBTAIN OUTSIDE EMPLOYMENT AND 8 MEN TRANSFERRED FROM OUR PROGRAM TO PERMANENT HOUSING. 1 RESIDENT IN THIS PROGRAM ATTENDED COLLEGE.
THE NEW LIFE CENTER TRANSFORMERS PROGRAM IS A ONE-YEAR MEN'S RESIDENTIAL PROGRAM PROVIDING STRUCTURE, DISCIPLINE, ACCOUNTABILITY, RECOVERY CLASSES, ADDITIONAL CASE MANAGEMENT, WORK THERAPY, INTEGRATED BIBLICAL COUNSELING AND SPIRITUAL GUIDANCE SERVICES FOR SELECTED GRADUATES OF OUR 90-DAY PROGRAM. LIFE SKILLS, CAREER DEVELOPMENT, AND OTHER EDUCATIONAL OPPORTUNITIES ARE ALSO OFFERED IN THIS PROGRAM, INCLUDING CLASSES TOWARDS GED COMPLETION, COMPUTER EDUCATION AND COLLEGE COURSES. THIS PROGRAM HAS A 32-BED CAPACITY AT OUR WINSTON-SALEM CAMPUS. DURING 2022-2023, 38 MEN WERE SERVED THROUGH THIS PROGRAM, WITH 7 GRADUATING. ADDITIONALLY, 5 WENT ON TO OBTAIN OUTSIDE EMPLOYMENT AND 5 TRANSFERRED FROM OUR PROGRAM TO PERMANENT HOUSING. 3 RESIDENTS IN THIS PROGRAM ATTENDED COLLEGE OR RECEIVED ADVANCED CERTIFICATION.
THE WSRM COMMUNITY OUTREACH PROGRAMS IMPACT OVER 5,000 INDIVIDUALS PER YEAR BY PROVIDING FREE SERVICES TO THOSE IN NEED, INCLUDING FOOD PANTRY, CLOTHING CLOSET, MEALS, BAG LUNCHES FOR THE HOMELESS, AND SPACE FOR FREE MEDICAL AND DENTAL SERVICES. WSRM ALSO PROVIDES HOLIDAY FOOD BOXES FOR THOSE NEEDING HELP DURING THE THANKSGIVING SEASON. DURING 2022-2023, WSRM PROVIDED A TOTAL OF 296,121 MEALS TO THE COMMUNITY, INCLUDING: MISSION KITCHEN SERVED 105,629 MEALS TO PROGRAM RESIDENTS, AND PROVIDED 29,143 MEALS (BAG LUNCHES) TO HOMELESS INDIVIDUALS; FOOD PANTRY AND HOLIDAY FOOD BOXES PROVIDED 100,163 MEALS TO MEN, WOMEN AND CHILDREN (6,470 INDIVIDUALS). THE WSRM CLOTHING CLOSET DISTRIBUTED OVER 4,332 PIECES OF CLOTHING TO 1,662 INDIVIDUALS. WSRM IS THE HOST SITE FOR THE SAMARITAN CLINIC, WHICH PROVIDED FREE MEDICAL/DENTAL SERVICES TO OVER 732 INDIVIDUALS WITHOUT INSURANCE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cletis Titus Member | Trustee | 1 | $0 |
Chris Payne Chairman | Trustee | 1 | $0 |
Josh Evans Secretary/treasurer | Trustee | 1 | $0 |
Marc Ingersoll Board Member | Trustee | 1 | $0 |
Luke Money Board Member | Trustee | 1 | $0 |
Bucky Frye Vice-Chairman | Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $51,120 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $4,017,129 |
| Noncash contributions included in lines 1a–1f | $1,487,019 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,068,249 |
| Total Program Service Revenue | $82,294 |
| Investment income | $11,109 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $10,856 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,173,384 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $765,601 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $72,214 |
| Compensation of current officers, directors, key employees. | $8,666 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,593,269 |
| Pension plan accruals and contributions | $13,414 |
| Other employee benefits | $33,395 |
| Payroll taxes | $118,500 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $14,975 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $662,004 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $23,162 |
| Office expenses | $55,910 |
| Information technology | $49,059 |
| Royalties | $0 |
| Occupancy | $288,436 |
| Travel | $61,999 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $11,338 |
| Interest | $2,216 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $195,753 |
| Insurance | $138,302 |
| All other expenses | $4,784 |
| Total functional expenses | $4,153,337 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,932,408 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $15,587 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $170,387 |
| Prepaid expenses and deferred charges | $570 |
| Net Land, buildings, and equipment | $4,366,532 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $159,488 |
| Other assets | $0 |
| Total assets | $6,644,972 |
| Accounts payable and accrued expenses | $118,621 |
| Grants payable | $0 |
| Deferred revenue | $9,620 |
| 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 | $165,685 |
| Other liabilities | $0 |
| Total liabilities | $293,926 |
| Net assets without donor restrictions | $6,327,104 |
| Net assets with donor restrictions | $23,942 |
| 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 | $6,644,972 |