Hometown Resource Center
- Assets
- $234.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- St Charles, MN
- Founding
- 03/1989
- Data as of
- 12/2023
- EIN
- 41-1603419
Organization Overview
Hometown Resource Center is located in St Charles, MN. The organization was established in 1989. According to its NTEE Classification (K28) the organization is classified as: Farm Bureaus & Granges, under the broad grouping of Food, Agriculture & Nutrition and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hometown Resource Center 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, Hometown Resource Center generated $177.1k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 6.9% each year. All expenses for the organization totaled $192.1k during the year ending 12/2023. While expenses have increased by 11.6% 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
2023
Describe the Organization's Program Activity:
Part 3
PROVIDE FOOD SHELF TO LOW INCOME RESIDENTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rose Heim Director | 1 | $0 | |
Gretchen Hoffman Secretary | 1 | $0 | |
Dianne Rislow Director | 1 | $0 | |
Patty Mayorga Director | 1 | $0 | |
John Steffel Director | 1 | $0 | |
Lonny Dietz Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $109,599 |
| Total Program Service Revenue | $60,530 |
| Membership dues | $0 |
| Investment income | $7,000 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $177,129 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $57,971 |
| Professional fees and other payments to independent contractors | $7,260 |
| Occupancy, rent, utilities, and maintenance | $66,709 |
| Printing, publications, postage, and shipping | $659 |
| Other expenses | $59,467 |
| Total expenses | $192,066 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $12,184 |
| Other assets | $0 |
| Total assets | $234,479 |
| Total liabilities | $99,412 |
| Net assets or fund balances | $135,067 |