St Michael Veterans Center Inc
- Assets
- $2.4m
- Revenue
- $835.8k
- Investments
- $0.0
- Employees
- 5
- Location
- Kansas City, MO
- Founding
- 05/2012
- Data as of
- 12/2022
- EIN
- 90-0765963
Organization Overview
St Michael Veterans Center Inc is located in Kansas City, MO. The organization was established in 2012. 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. As of 12/2022, St Michael Veterans Center Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. St Michael Veterans Center 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, St Michael Veterans Center Inc generated $835.8k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 25.0% each year . All expenses for the organization totaled $375.2k during the year ending 12/2022. While expenses have increased by 33.5% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
HOUSING & SUPPORTIVE SERVICES FOR VETERANS, INCLUDING VETERANS EXPERIENCING HOMELESSNESS OR LIVING WITH A DISABILITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ST. MICHAEL'S VETERANS CENTER IS A VALUED LIVING COMMUNITY WITH AN AVERAGE OF 98 PERCENT OF RESIDENTS CHOOSING ST. MICHAEL'S AS THEIR HOME FROM YEAR-TO-YEAR. IN 2022, 99 PERCENT OF SMVC VETERANS RETAINED PERMANENT HOUSING. IN 2022, 20 PERCENT OF VETERANS INCREASED THEIR INCOME THROUGH WORK OR MAINSTREAM RESOURCES; 9 PERCENT IMPROVED MENTAL HEALTH AND SUBSTANCE RECOVERY; 5 PERCENT AVOIDED EVICTION WITH INTERVENTIONS AND 28 PERCENT INCREASED HEALTH BENEFITS. THIS HIGH LEVEL OF STABILITY IS ACHIEVED BECAUSE ON-SITE PROFESSIONAL SERVICES ARE DESIGNED TO IMPROVE THE QUALITY OF LIFE AND WELL-BEING OF VETERANS ALONG WITH HOUSING PERMANENCY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Art Fillmore Chairman | OfficerTrustee | 2 | $0 |
Bob Waechter Treasurer | OfficerTrustee | 1 | $0 |
Jonathan Cohn Director | Trustee | 1 | $0 |
Stacey Johnson-Cosby Director | Trustee | 1 | $0 |
Mike Halterman Co-Chairman Emeritus | Trustee | 1 | $0 |
Cliff Cohn Co-Chairman Emeritus | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $5,873 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $639,842 |
| Noncash contributions included in lines 1a–1f | $35,729 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $645,715 |
| Total Program Service Revenue | $148,870 |
| Investment income | $33,283 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $7,926 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $835,794 |
| 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. | $99,238 |
| Compensation of current officers, directors, key employees. | $14,506 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $117,189 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $14,540 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $274 |
| Fees for services: Accounting | $17,640 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,817 |
| Advertising and promotion | $19,237 |
| Office expenses | $14,709 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| 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 | $1,598 |
| Insurance | $6,326 |
| All other expenses | $0 |
| Total functional expenses | $375,202 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $590,883 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $132,914 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $407,672 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $4,535 |
| Net Land, buildings, and equipment | $409,879 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $818,612 |
| Total assets | $2,364,495 |
| Accounts payable and accrued expenses | $138,859 |
| 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 | $177,736 |
| Total liabilities | $316,595 |
| Net assets without donor restrictions | $1,303,641 |
| Net assets with donor restrictions | $744,259 |
| 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 | $2,364,495 |