Heritage Christian Services Foundation Inc
- Assets
- $26.4m
- Revenue
- $4.5m
- Investments
- $191.2k
- Employees
- 0
- Location
- Rochester, NY
- Founding
- 07/1989
- Data as of
- 12/2021
- EIN
- 16-1318395
Organization Overview
Heritage Christian Services Foundation Inc is located in Rochester, NY. The organization was established in 1989. According to its NTEE Classification (P75) the organization is classified as: Supportive Housing for Older Adults, 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. Heritage Christian Services 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 12/2021, Heritage Christian Services Foundation Inc generated $4.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.2% each year. All expenses for the organization totaled $1.8m during the year ending 12/2021. While expenses have increased by 5.9% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
HERITAGE CHRISTIAN SERVICES AND ITS FOUNDATION BELIEVE THE FINANCIAL SEEDS PLANTED NOW WILL HELP ENSURE A BETTER HARVEST TOMORROW. THAT'S WHY THE FOUNDATION WORKS DILIGENTLY TO RAISE MONEY SO THAT THE AGENCY'S FUTURE IS SECURE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUPPORT OF HERITAGE CHRISTIAN SERVICES, INC. (501(C)(3))
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Scott Lefebre Treasurer | OfficerTrustee | 1 | $0 |
Reece Mckenzie Vice Chair | OfficerTrustee | 1 | $0 |
Rick Kasperski Chair | OfficerTrustee | 1 | $0 |
Mike Osborn Secretary | OfficerTrustee | 1 | $0 |
Mark Zawacki Executive Director | Officer | 24 | $0 |
Marisa Geitner President/ceo Of Heritage | Officer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $2,586 |
| Membership dues | $0 |
| Fundraising events | $217,210 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,930,351 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,150,147 |
| Total Program Service Revenue | $0 |
| Investment income | $375,245 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $939,303 |
| Net Income from Fundraising Events | -$19,099 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,463,261 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,203,782 |
| 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 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 | $354,417 |
| 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 | $10,085 |
| Advertising and promotion | $0 |
| Office expenses | $170 |
| 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 | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $1,772,677 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,883,160 |
| Pledges and grants receivable | $467,304 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $390,669 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $17,488,904 |
| Investments—other securities | $191,210 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $5,959,056 |
| Total assets | $26,380,303 |
| Accounts payable and accrued expenses | $25,180 |
| 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 | $6,259,736 |
| Total liabilities | $6,284,916 |
| Net assets without donor restrictions | $15,965,783 |
| Net assets with donor restrictions | $4,129,604 |
| 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 | $26,380,303 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Heritage Christian Services Foundation Inc has recieved totaling $500.
| Awarding Organization | Amount |
|---|---|
Shell Oil Company Foundation Houston, TX PURPOSE: MG | $400 |
Ge Foundation Norwalk, CT PURPOSE: MATCHING GIFTS | $100 |
Endowment Analysis
| Beg. Balance | $113,103 |
| Earnings | $19,546 |
| Net Contributions | $2,550 |
| Ending Balance | $135,199 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Evergreens Fort Washington, PA | $100,353,926 | $21,284,774 |
Reformed Church Ministries To The Aging The Particular Synod Of The Old Bridge, NJ | $46,050,388 | $18,196,179 |
Bristol Glen Inc Neptune, NJ | $77,949,384 | $23,074,416 |
Artman Lutheran Home Ambler, PA | $58,762,001 | $19,567,052 |
New Horizons Inc Farmington, CT | $23,361,586 | $23,057,821 |
Bethlen Home Of The Hungarian Reformed Federation Of America Ligonier, PA | $24,911,659 | $19,095,488 |
Evangelical Services For The Aging Warminster, PA | $46,788,382 | $16,687,453 |
The Pines At Whiting Whiting, NJ | $28,869,676 | $19,824,900 |
Loomis Housing Corporation South Hadley, MA | $99,172,957 | $19,770,909 |
Evangelical Manor Warminster, PA | $21,826,536 | $16,413,421 |
Springpoint Senior Living Inc Wall, NJ | $91,116,877 | $20,222,460 |
Heron Point Of Chestertown Inc Fort Washington, PA | $70,848,712 | $18,371,788 |