Park Home Inc
- Assets
- $23.6m
- Revenue
- $2.8m
- Investments
- $19.4m
- Employees
- 0
- Location
- Montoursville, PA
- Founding
- 01/1943
- Data as of
- 08/2023
- EIN
- 24-0522575
Organization Overview
Park Home Inc is located in Montoursville, PA. The organization was established in 1943. According to its NTEE Classification (N32) the organization is classified as: Parks & Playgrounds, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Park Home 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 08/2023, Park Home Inc generated $2.8m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.5% each year. All expenses for the organization totaled $2.6m during the year ending 08/2023. While expenses have increased by 2.6% 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION'S ONLY DIRECT CHARITABLE ACTIVITY CONDUCTED IS THE OPERATION OF A PERSONAL CARE FACILITY. THIS FACILITY PROVIDES HOUSING, DINING, ENTERTAINMENT ACTIVITIES, MEDICAL SERVICES AND HYGIENE RELATED ASSISTANCE TO ITS RESIDENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeffery B Sims Director/pre | 0 | $1,800 | |
James K Gates II Director/vic | 0 | $1,800 | |
Mary K Gibbs Smith Director/sec | 0 | $1,800 | |
George D Golden Director/tre | 0 | $1,800 | |
George Bierman Director | 0 | $1,800 | |
J Budd Bell Director | 0 | $1,800 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Upmc Susquehanna | 8/30/18 | $65,226 |
Susquehanna Health Systems | 8/30/18 | $66,938 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $548,071 |
| Interest on Savings | $0 |
| Dividends & Interest | $383,038 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $356,871 |
| Capital Gain Net Income | $356,871 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,523,344 |
| Total Revenue | $2,811,324 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $21,900 |
| Other employee salaries and wages | $1,252,286 |
| Pension plans, employee benefits | $242,530 |
| Interest | $0 |
| Taxes | $14,982 |
| Depreciation | $126,658 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $2,187 |
| Printing and publications | $0 |
| Other expenses | $810,052 |
| Total operating and administrative expenses | $2,591,616 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $2,591,616 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $350 |
| Savings and temporary cash investments | $597,499 |
| Net Accounts receivable | $6,451 |
| 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 | $50,648 |
| Net Investments - land, buildings, equipment | $333,992 |
| Investments—mortgage loans | $0 |
| Investments—other | $22,916 |
| Net Land, buildings, and equipment | $3,179,644 |
| Other assets | $0 |
| Total assets | $23,592,607 |
| Accounts payable and accrued expenses | $117,527 |
| Grants payable | $0 |
| Deferred revenue | $3,464 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $63,014 |
| Total liabilities | $184,005 |
Grants Awarded
Over the last fiscal year, Park Home Inc has awarded $1,300 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
LOYALSOCK VOLUNTEER FIRE COMPANY PURPOSE: UNRESTRICTED | $1,000 |
SUSQUEHANNA HEALTH FOUNDATION PURPOSE: SCHOLARSHIP FUND | $50 |
PENNSYLVANIA COLLEGE OF TECHNOLOGY PURPOSE: SCHOLARSHIP FUND | $250 |