Harold S Hansen And Naomi Hbodenstab Charitable Foundation
- Assets
- $698.3k
- Revenue
- $55.3k
- Investments
- $650.4k
- Employees
- 0
- Location
- Arcadia, MI
- Founding
- 02/2009
- Data as of
- 12/2022
- EIN
- 20-7478429
Organization Overview
Harold S Hansen And Naomi Hbodenstab Charitable Foundation is located in Arcadia, MI. The organization was established in 2009. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Harold S Hansen And Naomi Hbodenstab Charitable Foundation 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, Harold S Hansen And Naomi Hbodenstab Charitable Foundation generated $55.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.2% each year. All expenses for the organization totaled $43.3k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Harold S Hansen And Naomi Hbodenstab Charitable Foundation has awarded 37 individual grants totaling $408,276. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Norman H Ulbrich Trustee | 2 | $2,500 | |
Emily Ulbrich Foundation Manager | 3.5 | $3,500 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $33 |
| Dividends & Interest | $20,644 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $34,660 |
| Capital Gain Net Income | $34,660 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $55,337 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $6,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $886 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $15 |
| Total operating and administrative expenses | $20,278 |
| Contributions, gifts, grants paid | $23,000 |
| Total expenses and disbursements | $43,278 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $47,944 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $650,386 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $698,330 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Harold S Hansen And Naomi Hbodenstab Charitable Foundation has awarded $23,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
PLEASANT VALLEY COMMUNITY CENTER PURPOSE: CHARITABLE TO SUPPORT ORGANIZATION'S MISSION | $2,500 |
ST PAUL LUTHERAN SCHOOL CHICAGO PURPOSE: CHARITABLE TO SUPPORT ORGANIZATION'S MISSION | $20,000 |
TRINITY LUTHERAN CHURCH PURPOSE: CH | $500 |