Milwaukee Homeless Veterans Initiative Inc
- Assets
- $597.6k
- Revenue
- $1.0m
- Investments
- $0.0
- Employees
- 11
- Location
- West Allis, WI
- Founding
- 07/2012
- Data as of
- 12/2021
- EIN
- 45-4573280
Organization Overview
Milwaukee Homeless Veterans Initiative Inc is located in West Allis, WI. The organization was established in 2012. According to its NTEE Classification (W30) the organization is classified as: Military & Veterans Organizations, under the broad grouping of Public & Societal Benefit and related organizations. As of 12/2021, Milwaukee Homeless Veterans Initiative Inc employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Milwaukee Homeless Veterans Initiative 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, Milwaukee Homeless Veterans Initiative Inc generated $1.0m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.4% each year. All expenses for the organization totaled $850.8k during the year ending 12/2021. While expenses have increased by 4.9% 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
TO ENABLE HOMELESS AND AT-RISK VETERANS TO REACH AND MAINTAIN THEIR HIGHEST LEVEL OF INDEPENDENCE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HOME SUPPORT PROGRAM- MHVI FURNISHED 169 HOMES AND APARTMENTS WITH FURNITURE, APPLIANCES, TOILETRIES, BEDDING, KITCHENWARE, AND CLEANING SUPPLIES.
WOVIN PROGRAM- MHVI PROVIDED CRISIS INTERVENTION, EMERGENCY FOOD, HOUSING REFERRALS, FURNITURE, HEALTH AND WELNESS PROGRAMS, AND ADVOCACY TO 160 WOMEN VETERANS TO INCLUDE 218 CHILDREN.
EMERGENCY FOOD PANTRY - PROVIDED 25,939 PERISHABLE AND NON-PERISHABLE FOOD ITEMS TO 461 VETERANS.
OUTREACH CRISIS MANAGEMENT PROGRAM- SUCCESSFULLY CONNECTED 822 VETERANS TO THE VA AND OTHER COMMUNITY RESOURCES TO ADDRESS HOMELESSNESS, HEALTHCARE AND MENTAL HEALTH NEEDS. MHVI'S CRISIS TEAM SECURED ADDITIONAL RESOURCES TO REMOVE BARRIERS TO FOOD RESOURCES, TRANSPORTATION, AFFORDABLE HOUSING, AND EMPLOYMENT.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Debbie Buchanan Executive Dir. | Officer | 50 | $84,764 |
Cheryl Jacobs Secretary | OfficerTrustee | 2 | $0 |
Robert Webb Jr President | OfficerTrustee | 2 | $0 |
Jacob Heinitz Vice President | OfficerTrustee | 2 | $0 |
Steve Kassens Treasurer | OfficerTrustee | 3 | $0 |
Justin Beller Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $69,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $939,373 |
| Noncash contributions included in lines 1a–1f | $262,755 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,008,373 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,008,373 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $222,050 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $84,764 |
| Compensation of current officers, directors, key employees. | $21,191 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $266,212 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $49,450 |
| Payroll taxes | $28,322 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $17,250 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $1,800 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $32,884 |
| Advertising and promotion | $144 |
| Office expenses | $47,761 |
| Information technology | $13,119 |
| Royalties | $0 |
| Occupancy | $20,391 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,148 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $8,460 |
| Insurance | $13,275 |
| All other expenses | $2,619 |
| Total functional expenses | $850,750 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $355,377 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $81,705 |
| 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 | $138,044 |
| Prepaid expenses and deferred charges | $3,858 |
| Net Land, buildings, and equipment | $18,457 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $200 |
| Other assets | $0 |
| Total assets | $597,641 |
| Accounts payable and accrued expenses | $14,512 |
| 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 | $0 |
| Total liabilities | $14,512 |
| Net assets without donor restrictions | $405,909 |
| Net assets with donor restrictions | $177,220 |
| 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 | $597,641 |
Grants Recieved
Over the last fiscal year, we have identified 21 grants that Milwaukee Homeless Veterans Initiative Inc has recieved totaling $201,599.
| Awarding Organization | Amount |
|---|---|
Yontz Valor Foundation Excelsior, MN PURPOSE: HELP HOMELESS VETERANS REACH THEIR HIGHEST LEVELS OF INDEPENDENCE | $75,000 |
Ros Foundation Greenfield, WI PURPOSE: GENERAL OPERATING PURPOSES | $30,000 |
Lynde And Harry Bradley Foundation Inc Milwaukee, WI PURPOSE: TO SUPPORT GENERAL OPERATIONS | $15,000 |
Harri Hoffmann Family Foundation Inc Milwaukee, WI PURPOSE: PROGRAM SUPPORT | $10,000 |
Evan & Marion Helfaer Foundation 32 0393 00 2 Scotts Valley, CA PURPOSE: PROGRAM SUPPORT | $10,000 |
Apple Family Foundation Inc Waukesha, WI PURPOSE: 2020 CHARITABLE CONTRIBUTION | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
American Legion Park Rapids, MN | $825,850 | $4,270,979 |
American Legion Lansing, MI | $6,617,226 | $3,234,715 |
Amvets Springfield, IL | $604,546 | $3,188,714 |
Michigan Veterans Foundation Inc Detroit, MI | $12,857,454 | $2,381,059 |
American Legion Portage, WI | $4,372,734 | $2,507,173 |
Veterans Of Foreign Wars Dept Of Michigan Lansing, MI | $3,020,634 | $1,962,824 |
American Legion Bloomington, IL | $4,519,203 | $2,240,833 |
Veterans Education And Research Association Of Michigan Ann Arbor, MI | $5,729,968 | $2,127,500 |
Disabled American Veterans Saint Paul, MN | $2,007,600 | $2,057,727 |
Operation Support Our Troops - America Inc Naperville, IL | $995,272 | $1,019,373 |
Veterans Of Foreign Wars Dept Of Minnesota Savage, MN | $1,880,038 | $1,395,935 |
Disabled American Veterans Fraser, MI | $2,133,889 | $1,392,365 |