Culbertson Home
- Assets
- $192.2k
- Revenue
- $29.0k
- Investments
- $177.1k
- Employees
- 0
- Location
- New Albany, IN
- Founding
- 01/1943
- Data as of
- 12/2022
- EIN
- 35-0900739
Organization Overview
Culbertson Home is located in New Albany, IN. The organization was established in 1943. According to its NTEE Classification (L99) the organization is classified as: Housing & Shelter N.E.C., under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Culbertson Home 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 12/2022, Culbertson Home generated $29.0k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 14.0% each year . All expenses for the organization totaled $15.7k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Donna Resch President | 0.5 | $0 | |
Donna Boesing Treasurer | 0.5 | $0 | |
Kayleen Wallace Secretary | 0.25 | $0 | |
Donna Gettelfinger Director | 0.25 | $0 | |
Pat Tate MD Director | 0.25 | $0 | |
Rose Williams Director | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,300 |
| Interest on Savings | $13 |
| Dividends & Interest | $6,851 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $20,818 |
| Capital Gain Net Income | $20,818 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $28,982 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,009 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $3,370 |
| Total operating and administrative expenses | $4,379 |
| Contributions, gifts, grants paid | $11,300 |
| Total expenses and disbursements | $15,679 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $15,045 |
| Net Accounts receivable | $0 |
| 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 | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $192,187 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Culbertson Home has awarded $11,300 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
HOPE SOUTHERN INDIANA PURPOSE: ASSIST NEEDY AND ELDERLY | $2,650 |
LIFE SPAN RESOURCES PURPOSE: ASSIST NEEDY AND ELDERLY | $8,000 |
RSVP PURPOSE: ASSIST NEEDY AND ELDERLY | $650 |