Shorewood Hugs
- Assets
- $56.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Shorewood, IL
- Founding
- 02/2009
- Data as of
- 06/2022
- 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 06/2022, Shorewood Hugs generated $77.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.2% each year. All expenses for the organization totaled $68.6k during the year ending 06/2022. While expenses have increased by 1.3% 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
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 |
|---|---|---|---|
Molly Babyak President | 20 | $0 | |
Nadine Baxter Vice President | 10 | $0 | |
Laura Charland Founding Board Member-Director | 1.25 | $0 | |
Jenny Palmer Secretary | 3 | $0 | |
Sue Coyle Founding Board Member-Director | 1.25 | $0 | |
Karen Garifo Co-Treasurer | 15 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $58,187 |
| Total Program Service Revenue | $0 |
| Membership dues | $1,153 |
| Investment income | $11 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $18,349 |
| Other Revenue | $0 |
| Total Revenue | $77,700 |
| 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 | $961 |
| Occupancy, rent, utilities, and maintenance | $660 |
| Printing, publications, postage, and shipping | $728 |
| Other expenses | $66,283 |
| Total expenses | $68,632 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $56,601 |
| Other assets | $0 |
| Total assets | $56,601 |
| Total liabilities | $0 |
| Net assets or fund balances | $56,601 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Shorewood Hugs has recieved totaling $67.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $67 |
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