Minot Area Homeless Coalition Inc
- Assets
- $353.0k
- Revenue
- $287.1k
- Investments
- $0.0
- Employees
- 3
- Location
- Minot, ND
- Founding
- 08/2001
- Data as of
- 12/2023
- EIN
- 45-0460108
Organization Overview
Minot Area Homeless Coalition Inc is located in Minot, ND. The organization was established in 2001. According to its NTEE Classification (P85) the organization is classified as: Homeless Centers, under the broad grouping of Human Services and related organizations. As of 12/2023, Minot Area Homeless Coalition Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Minot Area Homeless Coalition 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 12/2023, Minot Area Homeless Coalition Inc generated $287.1k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 4.5% each year. All expenses for the organization totaled $272.8k during the year ending 12/2023. While expenses have increased by 4.4% per year over the past 9 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO ADVOCATE, COORDINATE, AND OPTIMIZE SERVICES FOR HOMELESS PERSONS
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE A RANGE OF ASSISTANCE TO HOMELESS FAMILIES AND IN ORDER TO PREVENT FAMILIES FROM BECOMING HOMELESS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Karrie Christensen Executive Di | Officer | 40 | $48,995 |
Louis Mcleod Jr Executive Di | 40 | $31,828 | |
Misty Shearer Chair | OfficerTrustee | 10 | $0 |
Tiffany Gunville Secretary | OfficerTrustee | 10 | $0 |
Ellen Knutson Treasurer | OfficerTrustee | 7 | $0 |
Addie Nelson Member At La | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $290,712 |
| Noncash contributions included in lines 1a–1f | $63,716 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $290,712 |
| Total Program Service Revenue | $0 |
| Investment income | $158 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$6,588 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $1,872 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $287,080 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $6,690 |
| 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. | $48,995 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $47,709 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $7,099 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,758 |
| Fees for services: Accounting | $7,294 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $4,099 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $4,564 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $3,879 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,039 |
| Insurance | $2,881 |
| All other expenses | $2,881 |
| Total functional expenses | $272,802 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $130,978 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $222,007 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $352,985 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $178,159 |
| Total liabilities | $178,159 |
| Net assets without donor restrictions | $174,826 |
| Net assets with donor restrictions | $0 |
| 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 | $352,985 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Red River Valley Community Action Grand Forks, ND | $2,309,742 | $3,210,794 |
Minnesota Coalition For The Homeless Inc Saint Paul, MN | $647,893 | $799,845 |
Grace House Of Itasca County Grand Rapids, MN | $954,049 | $616,517 |
Family Promise Of Anoka County Coon Rapids, MN | $1,541,967 | $1,648,785 |
Care And Share Inc Crookston, MN | $713,162 | $564,116 |
Homeless Helping Homeless Saint Cloud, MN | $11,697 | $415,909 |
Sparrows Nest Of Nw Mt Kalispell, MT | $1,108,114 | $513,272 |
Minot Area Homeless Coalition Inc Minot, ND | $352,985 | $287,080 |
Serenity Homes Rochester, MN | $0 | $271,980 |
Fargo Moorhead Coalition For Homeless Persons Fargo, ND | $234,043 | $0 |
Hospitality House Of Hope Apple Valley, MN | $200,000 | $163,172 |
Hope And Harbor Red Wing, MN | $15,581 | $0 |
Help For The Homeless Inc Hopkins, MN | $44,399 | $0 |
Lake Region Community Shelter Devils Lake, ND | $0 | $0 |
When Doves Cry Foundation Bloomington, MN | $9,873 | $0 |