Friends Of The Fisher House Of Southern Louisiana
- Assets
- $600.1k
- Revenue
- $503.3k
- Investments
- $0.0
- Employees
- 0
- Location
- New Orleans, LA
- Founding
- 06/2018
- Data as of
- 04/2020
- EIN
- 82-3380024
Organization Overview
Friends Of The Fisher House Of Southern Louisiana is located in New Orleans, LA. The organization was established in 2018. According to its NTEE Classification (E11) the organization is classified as: Single Organization Support, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Friends Of The Fisher House Of Southern Louisiana 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 04/2020, Friends Of The Fisher House Of Southern Louisiana generated $503.3k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 58.7% each year . All expenses for the organization totaled $22.0k during the year ending 04/2020. While expenses have increased by 44.9% per year over the past 3 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
FRIENDS OF THE FISHER HOUSE OF SOUTHERN LOUISIANA IS DEDICATED TO RAISING THE (CONT'D ON SCH. O) FUNDS NEEDED TO BRING A FISHER HOUSE TO THE DESERVING VETERANS AND THEIR FAMILIES OF SOUTHERN LOUISIANA, AND TO SUPPORTING THE VETERANS AND THEIR FAMILIES WHO WILL USE THE FISHER HOUSE OF SOUTHERN LOUISIANA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GIVEN THE CENTRALIZED NATURE OF VA OR DOD FACILITIES, FAMILIES OF VETERANS UNDERGOING TREATMENT AT A VA OR DOD HOSPITAL ARE OFTEN UNABLE TO FIND AFFORDABLE LODGING CLOSE TO THE FACILITY. BECAUSE OF DISTANCE FROM HOME, SUPPORTIVE FAMILY AND FRIENDS CANNOT BE PRESENT DURING THEIR LOVED ONES TREATMENT. THE FISHER HOUSE PROGRAM SEEKS TO ADDRESS THIS BURDEN. FISHER HOUSES ARE BUILT BY THE FISHER HOUSE FOUNDATION OF ROCKVILLE, MD AND PROVIDE MILITARY FAMILIES HOUSING, FREE OF CHARGE, CLOSE TO A LOVED ONE DURING HOSPITALIZATION FOR AN ILLNESS, DISEASE, OR INJURY. CURRENTLY THERE ARE 85 FACILITIES LOCATED AT MAJOR DOD AND VA MEDICAL CENTERS NATIONWIDE AND IN ENGLAND AND GERMANY. NEW ORLEANS IS VERY FORTUNATE TO HAVE A TRULY WORLD (CONT'D ON SCH O.) CLASS HOSPITAL DIRECTLY SERVING THE APPROXIMATELY 140,000 VETERANS LIVING IN THE HOSPITAL'S SOUTHERN LOUISIANA CATCHMENT BASIN. THE FISHER HOUSE OF SOUTHERN LOUISIANA, LOCATED ON THE CAMPUS OF THE VA HOSPITAL, OPENED IN NOVEMBER 2020 AND WILL SERVE THESE VETERANS AND THEIR FAMILIES BY OFFERING THEM 5840 ROOM NIGHTS ANNUALLY OF FREE LODGING WHILE UNDERGOING TREATMENT AT THE VA HOSPITAL.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brian Hennessy President | OfficerTrustee | 14 | $0 |
Jeffrey A Baumgarten Vice President | OfficerTrustee | 5 | $0 |
Louis Bartels Treasurer | OfficerTrustee | 5 | $0 |
Marshall Hevron Secretary | OfficerTrustee | 5 | $0 |
Peter Boylan Board Member | Trustee | 5 | $0 |
Roy M Carubba Board Member | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $499,151 |
| Investment income | $4,169 |
| 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 | $503,320 |
| Statement of Expenses | |
|---|---|
| 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. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| 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 | $1,305 |
| Royalties | $0 |
| Occupancy | $500 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $4,330 |
| All other expenses | $0 |
| Total functional expenses | $22,043 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $600,105 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Prepaid expenses and deferred charges | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $600,105 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| 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 |
| Total liabilities and net assets/fund balances | $600,105 |