Healing Place Inc
- Assets
- $37.7m
- Revenue
- $13.9m
- Investments
- $845.1k
- Employees
- 220
- Location
- Louisville, KY
- Founding
- 02/1990
- Data as of
- 12/2021
- EIN
- 61-1164775
Organization Overview
Healing Place Inc is located in Louisville, KY. The organization was established in 1990. 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. As of 12/2021, Healing Place Inc employed 220 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Healing Place 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, Healing Place Inc generated $13.9m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.7% each year. All expenses for the organization totaled $10.0m during the year ending 12/2021. While expenses have increased by 6.8% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO REACH MEN AND WOMEN SUFFERING FROM DRUG AND ALCOHOL ADDICTION, PROVIDE THE TOOLS FOR RECOVERY, AND RESTORE PRODUCTIVE LIVES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE AGENCY OPERATES A COMPREHENSIVE RESIDENTIAL PROGRAM FOR ALCOHOLIC/ADDICTED MEN AND WOMEN, INCLUDING (1) NONMEDICAL DETOXIFICATION CENTERS, (2) OVERNIGHT SHELTERS, (3) A RESIDENTIAL RECOVERY PROGRAM, AND (4) TRANSITIONAL HOUSING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Karyn Hascal President | Officer | 60 | $151,000 |
Jay Davidson Executive Chairman | Officer | 50 | $121,000 |
M Deane Stewart Secretary | OfficerTrustee | 0.3 | $0 |
Andrew Pyles Treasurer | OfficerTrustee | 0.3 | $0 |
Allyson Sturgeon Chair | OfficerTrustee | 0.3 | $0 |
Alfonso Cornish Chair-Elect | Trustee | 0.3 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Mcm Consulting Llc Communications Consulting | 12/30/21 | $120,215 |
Shone Services It Services Provider | 12/30/21 | $103,808 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $266,324 |
| Related organizations | $0 |
| Government grants | $5,006,264 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,097,609 |
| Noncash contributions included in lines 1a–1f | $234,794 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,370,197 |
| Total Program Service Revenue | $5,088,313 |
| Investment income | $118,438 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $261,764 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$31,022 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $13,853,449 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $278,317 |
| Compensation of current officers, directors, key employees. | $52,880 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $4,414,132 |
| Pension plan accruals and contributions | $27,461 |
| Other employee benefits | $388,541 |
| Payroll taxes | $389,742 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $37,940 |
| Fees for services: Accounting | $44,730 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $516,115 |
| Advertising and promotion | $0 |
| Office expenses | $221,610 |
| Information technology | $52,997 |
| Royalties | $0 |
| Occupancy | $1,482,006 |
| Travel | $39,647 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $5,496 |
| Interest | $130,238 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $371,318 |
| Insurance | $137,488 |
| All other expenses | $58,037 |
| Total functional expenses | $9,989,555 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,531,940 |
| Savings and temporary cash investments | $450,545 |
| Pledges and grants receivable | $989,521 |
| Accounts receivable, net | $1,493,882 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $16,163,900 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $65,074 |
| Net Land, buildings, and equipment | $6,134,786 |
| Investments—publicly traded securities | $693,734 |
| Investments—other securities | $845,052 |
| Investments—program-related | $0 |
| Intangible assets | $17,355 |
| Other assets | $8,280,285 |
| Total assets | $37,666,074 |
| Accounts payable and accrued expenses | $556,178 |
| 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 | $4,847,168 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $5,403,346 |
| Net assets without donor restrictions | $30,450,031 |
| Net assets with donor restrictions | $1,812,697 |
| 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 | $37,666,074 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Healing Place Inc has recieved totaling $2,900.
| Awarding Organization | Amount |
|---|---|
Lewis And Gladys Bass Family Charitable Foundation Inc Louisville, KY PURPOSE: TO TRANSFORM INDIVIDUALS AFFECTED BY ADDICTION OR HOMELESSNESS THROUGH ACCOUNTABILITY AND CONNECTION | $2,500 |
George And Mary Jo Budig Family Foundation Fort Mitchell, KY PURPOSE: GENERAL OPERATIONS | $400 |
Endowment Analysis
| Beg. Balance | $334,519 |
| Earnings | $4,119 |
| Ending Balance | $338,638 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Village At Marymount Garfield Heights, OH | $5,352,973 | $16,703,874 |
Center For Housing And Health Chicago, IL | $3,048,076 | $18,275,784 |
Covenant Home Services Skokie, IL | $4,392,429 | $19,945,010 |
King-Bruwaert House Burr Ridge, IL | $65,181,853 | $13,001,524 |
Housing Forward Maywood, IL | $3,739,938 | $13,235,796 |
Hephzibah Childrens Association Oak Park, IL | $12,105,627 | $12,068,031 |
Metropolitan Lutheran Ministry Kansas City, MO | $5,622,627 | $11,500,052 |
Healing Place Inc Louisville, KY | $37,666,074 | $13,853,449 |
Pioneer Concepts Inc Galesburg, IL | $32,518,138 | $9,746,303 |
Horizons Of Tuscarawas And Carroll Cos Inc Dover, OH | $1,859,166 | $6,709,172 |
Lake County Crisis Center For The Prevtn & Trmt Of Dom Violence Inc Zion, IL | $5,631,420 | $7,014,618 |
Chambliss Center For Children Chattanooga, TN | $13,773,339 | $7,553,657 |