Downtown Rescue Mission Inc
- Assets
- $14.7m
- Revenue
- $10.4m
- Investments
- $0.0
- Employees
- 254
- Location
- Huntsville, AL
- Founding
- 07/1979
- Data as of
- 06/2021
- EIN
- 63-0735295
Organization Overview
Downtown Rescue Mission Inc is located in Huntsville, AL. The organization was established in 1979. 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 06/2021, Downtown Rescue Mission Inc employed 254 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Downtown Rescue Mission 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 06/2021, Downtown Rescue Mission Inc generated $10.4m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 5.4% each year. All expenses for the organization totaled $9.4m during the year ending 06/2021. While expenses have increased by 4.4% per year over the past 6 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
SEE STATEMENT
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE MISSION PROVIDES HOUSING AND MEALS FOR THE HOMELESS. THE MISSION MANAGES A WORK THERAPY PROGRAM FOR THE HOMELESS. THE MISSION PROMOTES A RELIGIOUS SOLUTION TO PROBLEMS OF THE HOMELESS
THE MISSION PROVIDES HOUSING AND MEALS FOR THE HOMELESS. THE MISSION MANAGES A WORK THERAPY PROGRAM FOR THE HOMELESS. THE MISSION PROMOTES A RELIGIOUS SOLUTION TO PROBLEMS OF THE HOMELESS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Keith Overholt CEO | Officer | 40 | $143,882 |
Fred Fagan Vice-Chairman | OfficerTrustee | 5 | $0 |
Sara Laster Secretary | OfficerTrustee | 5 | $0 |
John Hamilton Chairman | OfficerTrustee | 5 | $0 |
Kirk Thompson Treasurer | OfficerTrustee | 5 | $0 |
Jay Farrell Member | Trustee | 1 | $0 |
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 | $10,381,519 |
| Noncash contributions included in lines 1a–1f | $1,118,159 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $10,381,519 |
| Total Program Service Revenue | $59,920 |
| Investment income | $0 |
| 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 | $10,441,439 |
| 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. | $143,882 |
| Compensation of current officers, directors, key employees. | $14,389 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,447,203 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $17,450 |
| Payroll taxes | $285,720 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $596 |
| Fees for services: Accounting | $7,600 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $75,008 |
| Office expenses | $701,652 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $1,193,991 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $19,979 |
| Interest | $159,876 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $378,149 |
| Insurance | $832,350 |
| All other expenses | $1,604,250 |
| Total functional expenses | $9,375,616 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,061,809 |
| Savings and temporary cash investments | $9,458 |
| Pledges and grants receivable | $0 |
| 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 | $44,336 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $7,824,892 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $5,797,278 |
| Total assets | $14,737,773 |
| Accounts payable and accrued expenses | $399,659 |
| 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 | $3,142,943 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,389,565 |
| Total liabilities | $4,932,167 |
| Net assets without donor restrictions | $9,805,606 |
| Net assets with donor restrictions | $0 |
| 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 | $14,737,773 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Downtown Rescue Mission Inc has recieved totaling $2,500.
| Awarding Organization | Amount |
|---|---|
Foundation 1781 Huntsville, AL PURPOSE: GLOW RUN 5K SPONSORSHIP | $2,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Miami Rescur Mission Broward Outreach Centers Inc Miami, FL | $28,818,894 | $17,146,687 |
Nashville Rescue Mission Nashville, TN | $37,816,884 | $20,187,859 |
Lords Place Inc West Palm Beach, FL | $31,681,290 | $13,733,660 |
St Matthews House Inc Naples, FL | $47,342,847 | $18,573,834 |
Broward Partnership For The Homeless Inc Fort Lauderdale, FL | $11,825,164 | $15,103,298 |
Sundari Foundation Inc Miami Beach, FL | $10,261,561 | $14,225,346 |
Waterfront Rescue Mission Inc Pensacola, FL | $22,275,311 | $19,399,994 |
The Next Door Nashville, TN | $9,790,699 | $10,091,124 |
Downtown Rescue Mission Inc Huntsville, AL | $14,737,773 | $10,441,439 |
24 7 Gateway Llc Atlanta, GA | $7,682,013 | $8,328,341 |
Hibiscus Childrens Center Inc Jensen Beach, FL | $5,361,339 | $8,228,127 |
Partners For Home Inc Atlanta, GA | $5,368,701 | $9,349,512 |