Serenity House Of Memphis Tennessee
- Assets
- $5.8m
- Revenue
- $4.4m
- Investments
- $0.0
- Employees
- 74
- Location
- Memphis, TN
- Founding
- 03/1972
- Data as of
- 06/2022
- EIN
- 62-0857801
Organization Overview
Serenity House Of Memphis Tennessee is located in Memphis, TN. The organization was established in 1972. According to its NTEE Classification (F22) the organization is classified as: Substance Abuse Treatment, under the broad grouping of Mental Health & Crisis Intervention and related organizations. As of 06/2022, Serenity House Of Memphis Tennessee employed 74 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Serenity House Of Memphis Tennessee 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, Serenity House Of Memphis Tennessee generated $4.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.6% each year. All expenses for the organization totaled $4.1m during the year ending 06/2022. While expenses have increased by 4.8% 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 ENCOURAGE AND PROVIDE TREATMENT TO ADDICTS AND THEIR FAMILIES IN THE COMMUNITY THROUGH COUNSELING, EDUCATION, AND ADVOCACY IN ORDER TO STRENGTHEN AND ENRICH THEIR LIVES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
REHABILITATION PROGRAM FOR ALCOHOLISM AND SUBSTANCE ABUSE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
George Gully Treasurer | OfficerTrustee | 1 | $0 |
Elizabeth Boggan Director | Trustee | 0.25 | $0 |
Sherry Stiles Director | Trustee | 0.25 | $0 |
Anne Pitts President | OfficerTrustee | 0.25 | $0 |
Paula Hopper Executive Director | OfficerTrustee | 60 | $148,798 |
Demar Roberts Vice President | OfficerTrustee | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $168,519 |
| All other contributions, gifts, grants, and similar amounts not included above | $57,862 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $226,381 |
| Total Program Service Revenue | $4,135,874 |
| Investment income | $290 |
| 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 | $4,362,545 |
| 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. | $148,798 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,672,147 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $234,093 |
| Payroll taxes | $135,270 |
| Fees for services: Management | $459,160 |
| Fees for services: Legal | $2,289 |
| Fees for services: Accounting | $68,254 |
| 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 | $426,349 |
| Travel | $16,130 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $63,354 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $163,383 |
| Insurance | $56,721 |
| All other expenses | $0 |
| Total functional expenses | $4,131,800 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $928,856 |
| Savings and temporary cash investments | $630,340 |
| Pledges and grants receivable | $453,044 |
| 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 | $56,216 |
| Net Land, buildings, and equipment | $3,568,144 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $126,519 |
| Total assets | $5,763,119 |
| Accounts payable and accrued expenses | $379,471 |
| 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 | $1,488,156 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,867,627 |
| Net assets without donor restrictions | $3,845,492 |
| Net assets with donor restrictions | $50,000 |
| 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 | $5,763,119 |