Hammer Residences Inc
- Assets
- $27.1m
- Revenue
- $31.2m
- Investments
- $0.0
- Employees
- 518
- Location
- Wayzata, MN
- Founding
- 02/1962
- Data as of
- 12/2021
- EIN
- 41-0841103
Organization Overview
Hammer Residences Inc is located in Wayzata, MN. The organization was established in 1962. 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 12/2021, Hammer Residences Inc employed 518 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hammer Residences 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 12/2021, Hammer Residences Inc generated $31.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.1% each year. All expenses for the organization totaled $28.3m during the year ending 12/2021. While expenses have increased by 1.6% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
GIVE PEOPLE WITH DEVELOPMENTAL DISABILITIES OPPORTUNITIES TO EXPERIENCE LIFE TO ITS FULLEST.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RESIDENTIAL SERVICES:HAMMER PROVIDES A HOLISTIC AND PERSON-CENTERED APPROACH TO RESIDENTIAL AND SUPPORT SERVICES FOR PEOPLE WITH DEVELOPMENTAL DISABILITIES. EACH INDIVIDUAL LIVING AT HAMMER IS ENCOURAGED TO UNCOVER WHAT LIVING LIFE TO ITS FULLEST MEANS TO THEM. HAMMER PROGRAMS ARE DESIGNED TO MEET THE PHYSICAL WELL-BEING, PSYCHOLOGICAL, SOCIAL, SPIRITUAL, EDUCATIONAL, AND RECREATIONAL NEEDS OF EACH PERSON WE SUPPORT. OUR FULL-TIME NURSES PROVIDE OVERSIGHT TO EACH PERSON'S HEALTH CARE NEEDS. HAMMER PARTNERS WITH EACH INDIVIDUAL AND HIS/HER FAMILY TO CREATE A LIFE EXPERIENCE THAT IS FULFILLING AND MEANINGFUL. DURING THE COVID-19 PANDEMIC, STAFF WORKED DILIGENTLY TO PROVIDE ONLINE ACTIVITIES AND EXPERIENCES TO KEEP INDIVIDUALS CONNECTED TO BOTH FAMILY AND COMMUNITY.
CUSTOMIZED SUPPORT SERVICES:HAMMER PROVIDES NUMEROUS CUSTOMIZED SUPPORT SERVICES TO INDIVIDUALS WITH DISABILITIES IN MINNESOTA INCLUDING CASE MANAGEMENT SERVICES, MANAGED CARE COORDINATION, AND IN-HOME SUPPORTS. THROUGH A CONTRACT WITH HENNEPIN COUNTY, HAMMER PROVIDES CASE MANAGEMENT SERVICES TO PEOPLE THROUGHOUT THE STATE. HAMMER CASE MANAGERS PROVIDE SUPPORT IN ACCESSING AND COORDINATING SERVICES FOR INDIVIDUALS. ANOTHER AREA IN OUR CUSTOMIZED SUPPORT SERVICES IS A MANAGED CARE CONTRACT UNDER WHICH WE PROVIDE CARE COORDINATION OF THE INDIVIDUAL'S HEALTH SERVICES. SUPPORT PLANNING SERVICES HELP DEVELOP, MONITOR, AND ASSIST WITH REVISIONS TO EACH PERSON'S COMMUNITY SUPPORT PLAN. THESE SUPPORT PLANNING SERVICES WERE ACTIVE THROUGH MID-YEAR. IN-HOME SUPPORTS PROVIDE SERVICES TO INDIVIDUALS LIVING IN THEIR OWN HOMES.
TRAVEL PROGRAM:HAMMER HAS DEVELOPED AN EXPANSION IN ITS MISSION WHICH PROVIDES TRAVEL EXPERIENCES FOR PEOPLE WITH DISABILITIES. THIS SERVICE HELPS WITH THE PLANNING AND COORDINATION OF TRAVEL ARRANGEMENTS FOR THE DISABLED INDIVIDUAL. THESE EXPERIENCES HELP DEVELOP THE INDIVIDUAL'S LIVING SKILLS. THE OFFERINGS TEACH INDEPENDENCE, TRAVEL ABILITIES, MANAGEMENT OF CIRCUMSTANCES AND LIFE EXPERIENCES FOR BOTH THE DISABLED INDIVIDUAL AS WELL AS THE CARE GIVER. THIS HELPS DEVELOP LIFE SKILLS. THE SERVICE IS PROVIDED BY HAMMER TRAVEL, LLC WHICH IS A SINGLE MEMBER LLC IN WHICH HAMMER RESIDENCES IS THE SOLE MEMBER.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Estrem CEO | Officer | 30 | $193,356 |
Michah Dagel Program Manager | 115 | $138,031 | |
Susan Walker Chief Program Officer | 40 | $121,679 | |
Kristin Pyka CFO | Officer | 40 | $116,755 |
Kimberly Hansen Director Of Human Resource | 40 | $112,888 | |
Nicole Hollins Program Manager | 77 | $110,745 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $251,605 |
| Related organizations | $0 |
| Government grants | $85,335 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,510,516 |
| Noncash contributions included in lines 1a–1f | $65,577 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,847,456 |
| Total Program Service Revenue | $29,226,366 |
| Investment income | $180,351 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$38,145 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $31,216,028 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $351,853 |
| Compensation of current officers, directors, key employees. | $289,266 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $17,193,395 |
| Pension plan accruals and contributions | $403,309 |
| Other employee benefits | $1,693,741 |
| Payroll taxes | $1,517,915 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| 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 | $1,221,025 |
| Advertising and promotion | $14,834 |
| Office expenses | $397,622 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $2,268,345 |
| Travel | $193,353 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $67,370 |
| Interest | $274,540 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $980,822 |
| Insurance | $139,810 |
| All other expenses | $379,829 |
| Total functional expenses | $28,312,073 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $5,596,004 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,867,970 |
| 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 | $162,271 |
| Net Land, buildings, and equipment | $10,269,525 |
| Investments—publicly traded securities | $9,130,883 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $69,613 |
| Total assets | $27,096,266 |
| Accounts payable and accrued expenses | $1,783,351 |
| Grants payable | $0 |
| Deferred revenue | $466,565 |
| Tax-exempt bond liabilities | $1,398,169 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $1,252,624 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $4,900,709 |
| Net assets without donor restrictions | $19,587,253 |
| Net assets with donor restrictions | $2,608,304 |
| 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 | $27,096,266 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Hammer Residences Inc has recieved totaling $40,000.
| Awarding Organization | Amount |
|---|---|
Argall-Hibbs Foundation Prior Lake, MN PURPOSE: ENDOWMENT FUND | $40,000 |
Endowment Analysis
| Beg. Balance | $1,260,001 |
| Earnings | $176,955 |
| Ending Balance | $1,436,956 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Ablelight Inc Watertown, WI | $198,949,209 | $107,612,471 |
Centers For Independence Inc Milwaukee, WI | $1,176,879 | $2,724,477 |
Prairie Community Services Inc Morris, MN | $11,824,208 | $28,388,277 |
Hammer Residences Inc Wayzata, MN | $27,096,266 | $31,216,028 |
Living Well Disability Services Mendota Heights, MN | $24,168,704 | $25,251,629 |
Accord Saint Paul, MN | $14,901,147 | $23,929,157 |
Mid-Step Services Inc Sioux City, IA | $20,233,079 | $25,551,383 |
Comprehensive Systems Inc Charles City, IA | $6,739,515 | $18,627,852 |
Creative Community Living Services Inc Watertown, WI | $7,269,281 | $21,344,485 |
North Homes Inc Grand Rapids, MN | $21,495,147 | $20,438,205 |
Village Northwest Unlimited Sheldon, IA | $21,763,774 | $17,290,667 |
Wingspan Life Resources Saint Paul, MN | $13,987,956 | $12,754,382 |