Danish Old Peoples Home
- Assets
- $380.2k
- Revenue
- $27.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Roscommon, MI
- Founding
- 04/1983
- Data as of
- 12/2023
- EIN
- 38-1387129
Organization Overview
Danish Old Peoples Home is located in Roscommon, MI. The organization was established in 1983. According to its NTEE Classification (L11) the organization is classified as: Single Organization Support, 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. Danish Old Peoples 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 12/2023, Danish Old Peoples Home generated $27.3k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (1.1%) each year. All expenses for the organization totaled $11.2k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (2.6%) per year over the past 9 years. 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 |
|---|---|---|---|
David Christensen President | 0 | $0 | |
Paul Carlsen Treasurer | 0 | $0 | |
Bob Buckhave Secretary | 0 | $0 | |
Eric Ketelsen 1st Vice Pre | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $15,979 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $11,285 |
| Capital Gain Net Income | $2,300 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $27,264 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $240 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $652 |
| Printing and publications | $0 |
| Other expenses | $1,459 |
| Total operating and administrative expenses | $2,736 |
| Contributions, gifts, grants paid | $8,500 |
| Total expenses and disbursements | $11,236 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $380,193 |
| 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 | $380,193 |
| 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, Danish Old Peoples Home has awarded $8,500 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
OPC BUSSING PURPOSE: INDIGENT FAMILIES | $2,000 |
OPC MEALS ON WHEELS PURPOSE: INDIGENT FAMILIES | $1,750 |
OPC FRAIL & ELDERLY PURPOSE: INDIGENT FAMILIES | $1,250 |
ST PATRICK SENIOR CENTER PURPOSE: INDIGENT FAMILIES | $3,500 |