Welcome House Inc
- Assets
- $9.6m
- Revenue
- $16.2m
- Investments
- $0.0
- Employees
- 448
- Location
- Westlake, OH
- Founding
- 09/1995
- Data as of
- 12/2023
- EIN
- 34-1793226
Organization Overview
Welcome House Inc is located in Westlake, OH. The organization was established in 1995. According to its NTEE Classification (P70) the organization is classified as: Residential Care & Adult Day Programs, under the broad grouping of Human Services and related organizations. As of 12/2023, Welcome House Inc employed 448 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Welcome House 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 12/2023, Welcome House Inc generated $16.2m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 3.6% each year. All expenses for the organization totaled $16.8m during the year ending 12/2023. While expenses have increased by 3.5% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
WELCOME HOUSE IS DEDICATED TO HELPING INDIVIDUALS WITH INTELLECTUAL AND DEVELOPMENTAL DISABILITIES LIVE FULL AND REWARDING LIVES BY PROVIDING A VARIETY OF RESIDENTIAL AND SUPPORTIVE SERVICES IN A CARING COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATION OF A SUPPORTED LIVING PROGRAM WHICH PROVIDES SERVICES TO APPROXIMATELY ONE HUNDRED FIFTY INDIVIDUALS. OUR SUPPORTED LIVING PROGRAM IS DESIGNED TO PROVIDE IN-HOME ASSISTANCE AND RESPOND TO THE DESIRES AND SELF-EXPRESSED NEEDS OF CLIENTS WITH INTELLECTUAL AND DEVELOPMENTAL DISABILITIES.
OPERATION OF COMMUNITY CENTER FOR ADULTS WITH INTELLECTUAL AND DEVELOPMENTAL DISABILITIES
OPERATION OF THREE INTERMEDIATE CARE FACILITIES WHICH SERVE TWENTY-ONE ADULTS WITH INTELLECTUAL AND DEVELOPMENTAL DISABILITIES. OUR INTERMEDIATE CARE FACILITIES ARE OPERATED TO ENCOURAGE AS NORMAL A LIVING ENVIRONMENT AS POSSIBLE AND TO PROVIDE THE LEAST RESTRICTED AND MOST INDEPENDENT LIVING ARRANGEMENT POSSIBLE.
OPERATION OF THREE FAMILY STYLE GROUP HOMES WHICH SERVE TWENTY-ONE INDIVIDUALS WITH INTELLECTUAL AND DEVELOPMENTAL DISABILITIES. OUR GROUP HOMES ARE OPERATED TO ENCOURAGE AS NORMAL A LIVING ENVIRONMENT AS POSSIBLE AND TO PROVIDE THE LEAST RESTRICTED AND MOST INDEPENDENT LIVING ARRANGEMENT POSSIBLE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Anthony Thomas Executive Di | Officer | 40 | $190,631 |
Carriann Pafford CFO | Officer | 40 | $113,588 |
Katy Bryan Trustee | Trustee | 2 | $0 |
Lori Gundlach Trustee | Trustee | 2 | $0 |
Jalisa Neal Trustee | Trustee | 2 | $0 |
Mike Petrasek Trustee | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $399,032 |
| Government grants | $1,009,758 |
| All other contributions, gifts, grants, and similar amounts not included above | $219,356 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,628,146 |
| Total Program Service Revenue | $14,224,105 |
| Investment income | $79,001 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $35,750 |
| Net Income from Fundraising Events | $145,710 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $16,185,672 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $21,171 |
| 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. | $338,792 |
| Compensation of current officers, directors, key employees. | $338,792 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $11,193,599 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $1,246,878 |
| Payroll taxes | $1,134,388 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $38,525 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $10,938 |
| Office expenses | $139,999 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $646,793 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $96,409 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $270,385 |
| Insurance | $287,126 |
| All other expenses | $415,870 |
| Total functional expenses | $16,827,251 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,601,875 |
| Savings and temporary cash investments | $36,940 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,013,097 |
| 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 | $100,263 |
| Net Land, buildings, and equipment | $3,880,579 |
| Investments—publicly traded securities | $1,224,636 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $50,000 |
| Other assets | $690,869 |
| Total assets | $9,598,259 |
| Accounts payable and accrued expenses | $1,104,837 |
| 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 | $1,568,701 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $914,472 |
| Total liabilities | $3,588,010 |
| Net assets without donor restrictions | $5,785,006 |
| Net assets with donor restrictions | $225,243 |
| 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 | $9,598,259 |
Grants Awarded
Over the last fiscal year, Welcome House Inc has awarded $21,171 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
WESCO HOUSING CORP PURPOSE: OPERATIONS | $13,127 |
BUNTS ROAD HOUSING CORP PURPOSE: OPERATIONS | $8,044 |