Babcock House Corp
- Assets
- $482.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Madison, WI
- Founding
- 07/2002
- Data as of
- 12/2022
- EIN
- 39-0874041
Organization Overview
Babcock House Corp is located in Madison, WI. The organization was established in 2002. According to its NTEE Classification (B80) the organization is classified as: Student Services, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Babcock House Corp 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, Babcock House Corp generated $136.5k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.1% each year. All expenses for the organization totaled $131.6k during the year ending 12/2022. While expenses have increased by 1.5% per year over the past 8 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
THE BABCOCK HOUSE PROVIDES AFFORDABLE LIVING TO 20-35STUDENTS WITH AGRICULTURAL AND LIFE SCIENCE MAJORS ANDPROVIDED SCHOLARSHIPS TO SIMILAR STUDENTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bailey Quam President | 1 | $0 | |
Bryan Rowntree Treasurer | 1 | $0 | |
Brian Bradley Past President | 1 | $0 | |
Jeff Liner Vice President | 1 | $0 | |
Max Shekenberg Secretary | 1 | $0 | |
Kody Habeck Director/facilty Adv | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,101 |
| Total Program Service Revenue | $0 |
| Membership dues | $123,700 |
| Investment income | $162 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $9,512 |
| Other Revenue | $0 |
| Total Revenue | $136,475 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $16,858 |
| Salaries, other compensation, and employee benefits | $16,200 |
| Professional fees and other payments to independent contractors | $1,201 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $496 |
| Other expenses | $96,878 |
| Total expenses | $131,633 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $236,045 |
| Other assets | $0 |
| Total assets | $482,938 |
| Total liabilities | $12,559 |
| Net assets or fund balances | $470,379 |