Brethren Home Foundation
- Assets
- $93.1m
- Revenue
- $10.6m
- Investments
- $0.0
- Employees
- 5
- Location
- New Oxford, PA
- Founding
- 01/1988
- Data as of
- 06/2021
- EIN
- 23-2454835
Organization Overview
Brethren Home Foundation is located in New Oxford, PA. The organization was established in 1988. According to its NTEE Classification (L12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Housing & Shelter and related organizations. As of 06/2021, Brethren Home Foundation employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Brethren Home 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 06/2021, Brethren Home Foundation generated $10.6m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 27.9% each year . All expenses for the organization totaled $2.9m during the year ending 06/2021. While expenses have increased by 7.0% per year over the past 6 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.
Since 2018, Brethren Home Foundation has awarded 12 individual grants totaling $10,029,218. 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION CARRIES OUT FUNDRAISING ACTIVITIES TO SUPPORT THE BRETHREN HOME COMMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DEVELOPMENT OF FUNDING AND SUPPORT FOR AFFILIATED ORGANIZATIONS. DURING THE FISCAL YEAR, THE ORGANIZATION RAISED APPROXIMATELY $1,013,600 TO BENEFIT RESIDENTS WHO WERE IN NEED OF FINANCIAL ASSISTANCE. ADDITIONALLY, FUNDS WERE USED FOR FACILITIES MAINTENANCE AND TO PROVIDE EDUCATIONAL OPPORTUNITIES FOR SENIORS. GIFTS WERE RECEIVED FROM 180 NEW DONORS.
DEVELOPMENT OF FUNDING AND SUPPORT FOR AFFILIATED ORGANIZATIONS. DURING THE FISCAL YEAR, THE ORGANIZATION RAISED APPROXIMATELY $1,013,600 TO BENEFIT RESIDENTS WHO WERE IN NEED OF FINANCIAL ASSISTANCE. ADDITIONALLY, FUNDS WERE USED FOR FACILITIES MAINTENANCE AND TO PROVIDE EDUCATIONAL OPPORTUNITIES FOR SENIORS. GIFTS WERE RECEIVED FROM 180 NEW DONORS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Vanessa Berger VP Of Advancement | 40 | $145,209 | |
James W Balthaser Treasurer | OfficerTrustee | 1 | $0 |
Brett A Hoffacker Vice Chair | OfficerTrustee | 1 | $0 |
Jeffrey M Evans President & CEO | OfficerTrustee | 1 | $0 |
Michael A Ricciuto Secretary | OfficerTrustee | 1 | $0 |
Traci Rabenstein Chair | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $52,639 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,376,194 |
| Noncash contributions included in lines 1a–1f | $13,361 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,428,833 |
| Total Program Service Revenue | $0 |
| Investment income | $652,766 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $8,527,414 |
| Net Income from Fundraising Events | -$4,844 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $10,604,405 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $2,310,068 |
| 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 | $303,170 |
| Pension plan accruals and contributions | $14,029 |
| Other employee benefits | $11,824 |
| Payroll taxes | $23,653 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $14,880 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $90,156 |
| Fees for services: Other | $16,415 |
| Advertising and promotion | $0 |
| Office expenses | $100,126 |
| Information technology | $25,821 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $152 |
| 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 | $439 |
| Insurance | $7,664 |
| All other expenses | $1,560 |
| Total functional expenses | $2,937,468 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $129,301 |
| Pledges and grants receivable | $100,798 |
| 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 | $16,166 |
| Net Land, buildings, and equipment | $5,861 |
| Investments—publicly traded securities | $31,912,024 |
| Investments—other securities | $0 |
| Investments—program-related | $56,750,081 |
| Intangible assets | $0 |
| Other assets | $4,167,534 |
| Total assets | $93,081,765 |
| Accounts payable and accrued expenses | $99,742 |
| 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 | $2,186,634 |
| Total liabilities | $2,286,376 |
| Net assets without donor restrictions | $77,568,580 |
| Net assets with donor restrictions | $13,226,809 |
| 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 | $93,081,765 |
Grants Awarded
Over the last fiscal year, Brethren Home Foundation has awarded $4,620,136 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
New Oxford, PA PURPOSE: TO SUPPORT BRETHREN HOME COMMUNITY, A RETIREMENT COMMUNITY PROVIDING SVCS TO THE ELDERLY | $2,300,068 |
New Oxford, PA PURPOSE: TO SUPPORT BRETHREN HOME COMMUNITY, A RETIREMENT COMMUNITY PROVIDING SVCS TO THE ELDERLY | $2,300,068 |
New Oxford, PA PURPOSE: TO SUPPORT THE FIRE DEPARTMENT AND PROVIDE FUNDS FOR THEIR FIRE TRUCK CAMPAIGN | $10,000 |
New Oxford, PA PURPOSE: TO SUPPORT THE FIRE DEPARTMENT AND PROVIDE FUNDS FOR THEIR FIRE TRUCK CAMPAIGN | $10,000 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Brethren Home Foundation has recieved totaling $34,692.
| Awarding Organization | Amount |
|---|---|
Esther Knaub Charitable Tr 20544-01 Las Vegas, NV PURPOSE: GENERAL OPERATING | $16,839 |
Eva E Grove Tuw Chambersburg, PA PURPOSE: GENERAL SUPPORT | $6,471 |
The@crist Family Foundation York, PA PURPOSE: GENERAL PURPOSE | $5,500 |
Nicholas Charitable Trust Las Vegas, NV PURPOSE: GENERAL OPERATING SUPPORT | $2,898 |
Sarah Hess Tr Uw Chambersburg, PA PURPOSE: GENERAL SUPPORT | $1,722 |
The Garling Charitable Tr Orlando, FL PURPOSE: GENERAL OPERATIONS | $1,262 |
Endowment Analysis
| Beg. Balance | $22,237,837 |
| Earnings | $6,600,021 |
| Net Contributions | $38,639 |
| Other Expense | $399,861 |
| Ending Balance | $28,476,636 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Episcopal Retirement Services Cincinnati, OH | $26,931,140 | $9,263,844 |
Brethren Home Foundation New Oxford, PA | $93,081,765 | $10,604,405 |
Charles T Sitrin Network Of Homes & Services Inc New Hartford, NY | $5,734,568 | $2,565,351 |
Community Lenders Community Development Corporation Souderton, PA | $50,531,502 | $2,129,949 |
St Andrews Housing Dev Fund Co Bronx, NY | $6,076,696 | $1,599,941 |
Concorse Gardens Housing Development Fund Company Inc New York, NY | $6,125,545 | $1,915,994 |
Our Lady Of Fatima Apartments Housing Dev Fund Company Inc Brooklyn, NY | $6,530,778 | $972,901 |
American Friends Of Belz Inc Brooklyn, NY | $1,617,806 | $1,168,906 |
S H Housing Development Fund Corp New York, NY | $3,549,105 | $166,911 |
Community Lending Partners Of New Jersey Inc New Brunswick, NJ | $21,629,917 | $1,269,329 |
Build Love And Hope Inc North Arlington, NJ | $0 | $1,080,899 |
384 Grand Street Housing Development Fund Company Inc New York, NY | $6,755,977 | $3,220,703 |