Brownson Home Inc
- Assets
- $9.5m
- Revenue
- $860.5k
- Investments
- $8.0m
- Employees
- 0
- Location
- Victoria, TX
- Founding
- 07/1939
- Data as of
- 12/2022
- EIN
- 74-1237326
Organization Overview
Brownson Home Inc is located in Victoria, TX. The organization was established in 1939. According to its NTEE Classification (L20) the organization is classified as: Housing Development, Construction & Management, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Brownson Home 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 12/2022, Brownson Home Inc generated $860.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.3% each year. All expenses for the organization totaled $976.2k during the year ending 12/2022. While expenses have increased by 5.4% 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE SHELTER AND A FAMILY SURROUNDING FOR ORPHANED OR ABANDONED CHILDREN.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Halepeska President | 0 | $0 | |
William Bill Kickendahl Vice Preside | 0 | $0 | |
Larry Clark Secretary | 0 | $0 | |
Rise R Konarik Administrato | 0 | $89,170 | |
Rachel F Klotzman Director | 0 | $0 | |
Courtland Frankson Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $13,088 |
| Interest on Savings | $760 |
| Dividends & Interest | $186,055 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $639,355 |
| Capital Gain Net Income | $629,677 |
| Net ST Capital Gain | $31,805 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $21,253 |
| Total Revenue | $860,511 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $89,170 |
| Other employee salaries and wages | $313,900 |
| Pension plans, employee benefits | $70,957 |
| Interest | $0 |
| Taxes | $2,124 |
| Depreciation | $48,683 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $437,879 |
| Total operating and administrative expenses | $976,201 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $976,201 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,062,657 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $858,652 |
| Net Land, buildings, and equipment | $414,525 |
| Other assets | $0 |
| Total assets | $9,455,064 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $29 |
| Total liabilities | $29 |