Meghans Place Inc
- Assets
- $114.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Hutchinson, MN
- Founding
- 08/2017
- Data as of
- 12/2023
- EIN
- 82-2206564
Organization Overview
Meghans Place Inc is located in Hutchinson, MN. The organization was established in 2017. According to its NTEE Classification (P80) the organization is classified as: Centers to Support the Independence of Specific Populations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Meghans Place 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 12/2023, Meghans Place Inc generated $99.0k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 38.9% each year . All expenses for the organization totaled $64.7k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION HAS LEASED A FACILITY WHERE YOUNG ADULTS WITH DISABILITIES CAN SOCIALLY INTERACT AND RECEIVE ASSISTANCE IN EMPLOYMENT OPPORTUNITIES AND LOGISTIC SUPPORT FOR THEIR DAILY LIVING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ramona Hjerpe President & | 50 | $0 | |
Kurt Hjerpe Treasurer | 2 | $0 | |
Alexandra Smith Secretary | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $13,907 |
| Total Program Service Revenue | $83,837 |
| Membership dues | $0 |
| Investment income | $1,245 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $98,989 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $1,035 |
| Occupancy, rent, utilities, and maintenance | $26,617 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $37,024 |
| Total expenses | $64,676 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $104,211 |
| Other assets | $0 |
| Total assets | $114,272 |
| Total liabilities | $0 |
| Net assets or fund balances | $114,272 |