Shorewood Hugs
- Assets
- $85.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Shorewood, IL
- Founding
- 02/2009
- Data as of
- 06/2024
- EIN
- 26-2862346
Organization Overview
Shorewood Hugs is located in Shorewood, IL. The organization was established in 2009. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, 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. Shorewood Hugs 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 06/2024, Shorewood Hugs generated $99.2k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 2.9% each year. All expenses for the organization totaled $67.7k during the year ending 06/2024. While expenses have increased by 0.9% per year over the past 9 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3
HUGS-'HELPING YOU GET STARTED' IS AN ORGANIZATION DESIGNEDTO HELP ANYONE IN THE COMMUNITY WITHIN A 20 MILE RADIUS WHO IS IN NEED. WHEN A FAMILY TAGEDY, ILLNESS, HARD TIMES, ACCIDENT
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nadine Baxter President | 20 | $0 | |
Ashley Shulman Vice President | 10 | $0 | |
Karen Garifo Treasurer | 15 | $0 | |
Marisol Cabrera Secretary | 5 | $0 | |
Laura Charland Founding Board Member | 1.25 | $0 | |
Sue Coyle Founding Board Member | 1.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $80,655 |
| Total Program Service Revenue | $0 |
| Membership dues | $1,465 |
| Investment income | $69 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $17,009 |
| Other Revenue | $0 |
| Total Revenue | $99,198 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $750 |
| Occupancy, rent, utilities, and maintenance | $1,320 |
| Printing, publications, postage, and shipping | $449 |
| Other expenses | $65,162 |
| Total expenses | $67,681 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $85,271 |
| Other assets | $0 |
| Total assets | $85,271 |
| Total liabilities | $0 |
| Net assets or fund balances | $85,271 |