Hco Investments Inc
- Assets
- $309.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Winona, MN
- Founding
- 06/1994
- Data as of
- 12/2021
- EIN
- 41-1649477
Organization Overview
Hco Investments Inc is located in Winona, MN. The organization was established in 1994. According to its NTEE Classification (L99) the organization is classified as: Housing & Shelter N.E.C., 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. Hco Investments 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, Hco Investments Inc generated $72.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.0% each year. All expenses for the organization totaled $73.6k during the year ending 12/2021. While expenses have increased by 4.8% 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
PROVIDE HOUSING FOR EIGHT INDIVIDUALS WHO ARE DEVELOPMENTALLY DISABLED ALONG WITH OPPORTUNITIES FOR THEM TO LEARN DAILY LIVING AND SOCIAL SKILLS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Collins Director | 0.5 | $0 | |
Bruce Nelson Treasurer | 0.5 | $0 | |
Robert Youngerman President | 1 | $0 | |
Gary Luehmann Director | 0.5 | $0 | |
Marisa Corcoran Director | 0.5 | $0 | |
Randal Domeyer Director | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $72,065 |
| Membership dues | $0 |
| Investment income | $11 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $72,076 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $13,399 |
| Professional fees and other payments to independent contractors | $4,076 |
| Occupancy, rent, utilities, and maintenance | $51,991 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $4,097 |
| Total expenses | $73,563 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $1,575 |
| Other assets | $0 |
| Total assets | $309,066 |
| Total liabilities | $88,815 |
| Net assets or fund balances | $220,251 |
Peer Organizations
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|---|---|---|
Wayside House Inc St Louis Park, MN | $4,548,768 | $9,185,572 |
Good Shepherd Lutheran Home Rushford, MN | $5,235,289 | $7,321,984 |
Central Iowa Shelter & Services Des Moines, IA | $16,046,844 | $7,232,062 |
Partnership Resources Inc Minneapolis, MN | $2,279,751 | $4,670,067 |
Eastwood Of Ames Inc Spencer, IA | $21,177,734 | $3,310,260 |
Willis Dady Emergency Shelter Inc Cedar Rapids, IA | $7,658,344 | $4,943,373 |
Titonka Community Rest Home Inc Titonka, IA | $1,173,392 | $2,166,094 |
St Francis House Of Sioux Falls Sioux Falls, SD | $9,002,072 | $2,914,351 |
Upper Midwest Automated Clearing House Association Inc Brooklyn Park, MN | $1,779,481 | $2,212,998 |
New Community Shelter Inc Green Bay, WI | $6,259,799 | $3,288,764 |
Hope Coalition Red Wing, MN | $838,272 | $2,162,260 |
Macha Inc Germantown, WI | $5,873,780 | $2,398,437 |