Hospitality House Of Northwest North Carolina
- Assets
- $4.8m
- Revenue
- $3.0m
- Investments
- $65.3k
- Employees
- 51
- Location
- Boone, NC
- Founding
- 09/1985
- Data as of
- 06/2022
- EIN
- 56-1442966
Organization Overview
Hospitality House Of Northwest North Carolina is located in Boone, NC. The organization was established in 1985. 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 06/2022, Hospitality House Of Northwest North Carolina employed 51 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hospitality House Of Northwest North Carolina 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 06/2022, Hospitality House Of Northwest North Carolina generated $3.0m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.7% each year . All expenses for the organization totaled $2.7m during the year ending 06/2022. While expenses have increased by 7.5% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE FOOD & SHELTER FOR THE HOMELESS
Describe the Organization's Program Activity:
Part 3 - Line 4a
EMERGENCY SHELTER PROGRAM: PROVIDES EMERGENCY SHELTER FOR THE HOMELESS, HOMELESS PREVENTION SERVICES, COUNSELING AND ASSISTANCE FOR THE HOMELESS.
PROVIDE EMERGENCY SHELTER SERVICES, LONG-TERM TRANSITIONAL HOUSING, FAMILY HOUSING, PERMANENT SUPPORTIVE HOUSING, INDEPENDENT LIVING FACILITIES, HUNGER ASSISTANCE, AND UTILITY BILL ASSISTANCE.
PERMANENT SUPPORTIVE HOUSING PROGRAM & SCATTERED SITE HOUSING: SELF-RELIANCE IS A LIFE GOAL, BENCHMARK AND MEASURE OF SUCCESS FOR ANYONE TRANSITIONING OUT OF HOMELESSNESS. THE PERMANENT SUPPORTIVE HOUSING (PSH) PROGRAM INCLUDES NINE RESIDENCES AT THE HOSPITALITY HOUSE PRIMARY FACILITY IN BOONE, AND EIGHT UNIT ROCK HAVEN INDEPENDENT LIVING FACILITY IN WATUAGA AND A SEVEN UNIT WINTERGREEN INDEPENDENT LIVING FACILITY IN WILKES. THIS PROGRAM PROVIDES THE STRUCTURE AND SENSE OF COMMUNITY WHILE THE RESIDENTS CONTRIBUTE TO THE RENT AND SUSTAINABILITY OF THE FACILITIES. THE MAJORITY OF THE RESIDENTS IDENTIFY AS PERMANENTLY DISABLED AND HAVING THE ABILITY TO LIVE INDEPENDENTLY IN AND OF ITSELF IS A VICTORY. SCATTERED SITE HOUSING, A COMPENENT OF THE PSH PROGRAM, CONSISTS OF FOURTEEN LEASED PROPERTIES (APARTMENTS, HOMES AND DUPLEXES) IN WATAUGA AND WILKES COUNTIES PROVIDING SAFE, STABLE HOMES AND LONG-TERM RENTAL ASSISTANCE, PAIRD WITH INTENSIVE CASE MANAGEMENT SERVICES TO HIGHLY VULNERABLE LITERALLY HOMELESS INDIVIDUALS AND FAMILIES WITH COMPLEX ISSUES WHO ARE OTHERWISE AT RISK OF SERIOUS HEALTH AND SAFETY CONSEQUENCES.
WECAN PROGRAM: PROVIDES ASSITANCE TO THOSE IN CRISIS WITHIN THE COMMUNITY, INCLUDING ASSITANCE WITH RENT, SECURITY DEPOSITS, UTILITIES, HEATING, AND FUEL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Cooper Board Member | Trustee | 2 | $0 |
Wayne Harris Board Member | Trustee | 2 | $0 |
Neil Hartley Board Member | Trustee | 2 | $0 |
Russell Headrick Treasurer | OfficerTrustee | 4 | $0 |
Kristin Hyle Board Member | Trustee | 2 | $0 |
David Luther Board Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,227,291 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,310,664 |
| Noncash contributions included in lines 1a–1f | $365,249 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,537,955 |
| Total Program Service Revenue | $352,931 |
| Investment income | $882 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $138,872 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,030,640 |
| 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. | $73,056 |
| Compensation of current officers, directors, key employees. | $14,611 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,010,513 |
| Pension plan accruals and contributions | $10,181 |
| Other employee benefits | $101,604 |
| Payroll taxes | $81,739 |
| 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 | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $13,161 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $7,757 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $144,339 |
| Insurance | $20,759 |
| All other expenses | $233,746 |
| Total functional expenses | $2,707,436 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $596,281 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $500,101 |
| Accounts receivable, net | $35,907 |
| 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 | $3,555,834 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $65,329 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $4,753,452 |
| Accounts payable and accrued expenses | $78,183 |
| 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 | $1,218,473 |
| Unsecured mortgages and notes payable | $120,936 |
| Other liabilities | $0 |
| Total liabilities | $1,417,592 |
| Net assets without donor restrictions | $3,258,670 |
| Net assets with donor restrictions | $77,190 |
| 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 | $4,753,452 |