Gateway Foundation
- Assets
- $2.0m
- Revenue
- $2.2m
- Investments
- $0.0
- Employees
- 18
- Location
- Harvey, LA
- Founding
- 07/1997
- Data as of
- 09/2022
- EIN
- 72-1345367
Organization Overview
Gateway Foundation is located in Harvey, LA. The organization was established in 1997. According to its NTEE Classification (P70) the organization is classified as: Residential Care & Adult Day Programs, under the broad grouping of Human Services and related organizations. As of 09/2022, Gateway Foundation employed 18 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Gateway Foundation 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 09/2022, Gateway Foundation generated $2.2m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.4%) each year. All expenses for the organization totaled $2.0m during the year ending 09/2022. As we would expect to see with falling revenues, expenses have declined by (3.0%) per year over the past 7 years. 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
PROVIDE TRANSITIONAL AND PERMANENT HOUSING FOR HOMELESS INDIVIDUALS AND FAMILIES, PARTICULARLY VETERANS PRESENTING WITH SUBSTANCE ABUSE ISSUES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED DAILY HOUSING, FOOD AND TRANSPORTATION FOR VETERANS AND OTHER QUALIFIED INDIVIDUALS. IN PARTICULAR THOSE THAT REQUIRE COUNSELING FOR SUBSTANCE ABUSE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Mcneely IV Executive Director | OfficerTrustee | 40 | $194,688 |
Darryl Chandler Treasurer/secretary | OfficerTrustee | 40 | $156,699 |
Mansfield Williams Director | Trustee | 40 | $45,000 |
Bertrum Lee Director | Trustee | 40 | $28,645 |
Damian Rome Director | Trustee | 40 | $26,458 |
Eric Pitts RN Director | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,992,337 |
| All other contributions, gifts, grants, and similar amounts not included above | $120,122 |
| Noncash contributions included in lines 1a–1f | $120,122 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,112,459 |
| Total Program Service Revenue | $51,909 |
| Investment income | $607 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $14,090 |
| Net Gain/Loss on Asset Sales | $15,457 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,194,576 |
| 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. | $451,490 |
| Compensation of current officers, directors, key employees. | $194,688 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $224,530 |
| Pension plan accruals and contributions | $1,274 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $52,181 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $4,434 |
| Advertising and promotion | $0 |
| Office expenses | $19,719 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $300,000 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $2,482 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $45,597 |
| Insurance | $101,906 |
| All other expenses | $137,522 |
| Total functional expenses | $2,001,005 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $330,813 |
| Savings and temporary cash investments | $592,781 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $165,171 |
| 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 | $44,272 |
| Net Land, buildings, and equipment | $832,092 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $2,600 |
| Intangible assets | $36 |
| Other assets | $0 |
| Total assets | $1,967,765 |
| Accounts payable and accrued expenses | $73,009 |
| 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 | $177,702 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $9,000 |
| Total liabilities | $259,711 |
| Net assets without donor restrictions | $1,708,054 |
| 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 | $1,967,765 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Gateway Foundation has recieved totaling $32.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $32 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Mission Road Developmental Center San Antonio, TX | $26,258,889 | $16,711,904 |
United Methodist Childrens Home Inc Little Rock, AR | $23,403,200 | $9,139,789 |
New Horizons Ranch And Center Inc Abilene, TX | $7,433,052 | $14,838,988 |
James L West Presbyterian Special Care Center Fort Worth, TX | $13,990,432 | $11,986,456 |
Broadway Services Inc New Orleans, LA | $6,344,122 | $11,011,243 |
Father Flanagans Boys Home New Orleans, LA | $2,347,903 | $9,257,218 |
Life Support Counseling And Research Inc Austin, TX | $3,931,686 | $9,199,133 |
Forgotten Angels Inc Pearland, TX | $1,121,528 | $8,621,031 |
Childrens Hope Residential Services Inc Lubbock, TX | $2,722,669 | $7,634,142 |
Samaritan Inn Inc Mckinney, TX | $11,775,483 | $9,596,871 |
Senior Citizens Of Greater Dallas Inc Dallas, TX | $11,583,419 | $8,476,671 |
Arkansas Baptist Childrens Homes And Family Ministries Little Rock, AR | $31,058,151 | $7,490,184 |