Cronin Homes Inc is located in Rochester, MN. The organization was established in 1980. According to its NTEE Classification (F22) the organization is classified as: Substance Abuse Treatment, under the broad grouping of Mental Health & Crisis Intervention and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cronin Homes 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 12/2022, Cronin Homes Inc generated $681.2k in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of (1.8%) each year. All expenses for the organization totaled $816.2k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE BOARD AND LODGING FACILITIES FOR CHRONIC ALCOHOLICS AND ASSIST THEM IN DEALING WITH THEIR DISEASE.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Davis President | 1 | $0 | |
Jennifer Kidd Vice Preside | 1 | $0 | |
William Brooks Director | 1 | $0 | |
Kevin Furr Secretary | 1 | $0 | |
Sarah Kirk-Maass Director | 1 | $0 | |
David Vanderheyden Director | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $12,440 |
| Interest on Savings | $30 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $668,769 |
| Total Revenue | $681,239 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $89,190 |
| Other employee salaries and wages | $376,453 |
| Pension plans, employee benefits | $54,193 |
| Interest | $228 |
| Taxes | $0 |
| Depreciation | $13,542 |
| Occupancy | $49,277 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $224,300 |
| Total operating and administrative expenses | $816,194 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $816,194 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | -$3,805 |
| Savings and temporary cash investments | $201,402 |
| Net Accounts receivable | $29,184 |
| Net Pledges Receivable | $0 |
| Grants receivable | $131,589 |
| 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 | $9,079 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $69,853 |
| Other assets | $120 |
| Total assets | $437,422 |
| Accounts payable and accrued expenses | $6,723 |
| 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 | $25,843 |
| Total liabilities | $32,566 |