Assurance Home Foundation Inc

Organization Overview

Assurance Home Foundation Inc is located in Roswell, NM. The organization was established in 1986. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Assurance Home Foundation 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 06/2024, Assurance Home Foundation Inc generated $311.2k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 6.7% each year. All expenses for the organization totaled $72.8k during the year ending 06/2024. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2024

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE FACILITIES FOR THE ASSURANCE HOME, AN EXEMPT PUBLIC CHARITY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SUPPORT PAID TO ASSURANCE HOME, INC. THIS IS AN EXEMPT PUBLIC CHARITY.


EXPENSES INCURRED AS A RESULT OF PROVIDING FACILITIES FOR THE ASSURANCE HOME. EXPENSES INCLUDE REPAIRS, MAINTENANCE AND INSURANCE EXPENSES.


TO PROVIDE SUPPORT TO THE CHILDREN OF ASSURANCE HOME IN THE FORM OF SCHOLARSHIPS TO HELP DEFRAY THE COSTS OF COLLEGE


EXPENSES INCURRED AS A RESULT OF PROVIDING FACILITIES FOR THE ASSURANCE HOME, INC (A PUBLIC CHARITY). EXPENSES INCLUDE REPAIRS, MAINTENANCE AND INSURANCE EXPENSE.


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Board, Officers & Key Employees

Name (title)Compensation
Brian Stokes
President/di
$0
Barbara Hannifin
Vice Pres/di
$0
Lanie Smith
Treasurer/di
$0
Beth L Hightower
Director
$0
Kay Cargill Jenkins
Director
$0
Mike Marley
Director
$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$50,000
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$50,000
Total Program Service Revenue$42,000
Investment income $210,831
Tax Exempt Bond Proceeds $0
Royalties $2,147
Net Rental Income $0
Net Gain/Loss on Asset Sales $6,175
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $311,153

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