St Matthews House Inc
- Assets
- $47.3m
- Revenue
- $18.6m
- Investments
- $3.4m
- Employees
- 404
- Location
- Naples, FL
- Founding
- 03/2002
- Data as of
- 06/2021
- EIN
- 65-1110501
Organization Overview
St Matthews House Inc is located in Naples, FL. The organization was established in 2002. According to its NTEE Classification (L41) the organization is classified as: Homeless Shelters, under the broad grouping of Housing & Shelter and related organizations. As of 06/2022, St Matthews House Inc employed 404 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. St Matthews House 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 06/2021, St Matthews House Inc generated $18.6m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 14.2% each year . All expenses for the organization totaled $13.5m during the year ending 06/2021. While expenses have increased by 8.1% per year over the past 6 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
CHANGE LIVES IN A SPIRITUAL ENVIRONMENT THAT IS BOTH COMPASSIONATE AND DISCIPLINED.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ST. MATTHEW'S HOUSE, INC. COMBATS HUNGER, HOMELESSNESS, AND ADDICTION IN THE COMMUNITY BY OPERATING EMERGENCY AND TRANSITIONAL HOUSING, FEEDING MINISTRIES AND SUBSTANCE ABUSE RECOVERY PROGRAMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steve Brooder CEO | Officer | 40 | $227,557 |
Beth Ware VP Of Human Capital | Officer | 40 | $164,776 |
Jamie Shedden Director Of Retail Operation | 40 | $125,329 | |
Peter Johnson VP Of Development | 40 | $108,659 | |
Steadman Garland Director Of Shelter Operations | 40 | $102,648 | |
Wimberly Smith Thru 9321 CFO | Officer | 40 | $86,751 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $775,954 |
| Related organizations | $0 |
| Government grants | $3,473,110 |
| All other contributions, gifts, grants, and similar amounts not included above | $10,994,577 |
| Noncash contributions included in lines 1a–1f | $886,355 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $15,243,641 |
| Total Program Service Revenue | $872,170 |
| Investment income | $48,243 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $114,291 |
| Net Income from Fundraising Events | -$229,901 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $1,429,049 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $18,573,834 |
| 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. | $1,157,502 |
| Compensation of current officers, directors, key employees. | $211,686 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,969,751 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $1,031,413 |
| Payroll taxes | $711,273 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $138,721 |
| Fees for services: Accounting | $134,436 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $16,676 |
| Fees for services: Other | $0 |
| Advertising and promotion | $453,943 |
| Office expenses | $686,205 |
| Information technology | $205,087 |
| Royalties | $0 |
| Occupancy | $1,938,287 |
| Travel | $231,968 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $32,495 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $498,479 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $13,501,924 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,593,814 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $83,454 |
| Accounts receivable, net | $100,667 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $530,197 |
| Prepaid expenses and deferred charges | $291,167 |
| Net Land, buildings, and equipment | $30,911,979 |
| Investments—publicly traded securities | $1,772,399 |
| Investments—other securities | $3,352,873 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $5,706,297 |
| Total assets | $47,342,847 |
| Accounts payable and accrued expenses | $1,493,956 |
| Grants payable | $0 |
| Deferred revenue | $1,021,175 |
| 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 | $3,544,010 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $233,527 |
| Total liabilities | $6,292,668 |
| Net assets without donor restrictions | $40,552,839 |
| Net assets with donor restrictions | $497,340 |
| 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 | $47,342,847 |
Grants Recieved
Over the last fiscal year, we have identified 10 grants that St Matthews House Inc has recieved totaling $55,322.
| Awarding Organization | Amount |
|---|---|
Bruce And Deborah Duncan Foundation Naples, FL PURPOSE: TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | $30,000 |
Daniel And Julie Hartung Charitable Foundation Inc Fitchburg, WI PURPOSE: CHARITABLE OPERATIONS | $10,000 |
Russell Colgate Fund Inc Wilmington, DE PURPOSE: GENERAL PURPOSES | $6,172 |
Mr & Mrs Thomas J Campbell Charitable Foundation Naples, FL PURPOSE: TO PROVIDE ASSISTANCE TO THEIR PROGRAM | $5,000 |
The Silseth Foundation Wilmington, DE PURPOSE: HURRICANE RELIEF FUND | $1,000 |
Snead Family Foundation Richmond, VA PURPOSE: GENERAL | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Miami Rescur Mission Broward Outreach Centers Inc Miami, FL | $28,818,894 | $17,146,687 |
Lords Place Inc West Palm Beach, FL | $31,681,290 | $13,733,660 |
St Matthews House Inc Naples, FL | $47,342,847 | $18,573,834 |
Broward Partnership For The Homeless Inc Fort Lauderdale, FL | $11,825,164 | $15,103,298 |
Sundari Foundation Inc Miami Beach, FL | $10,261,561 | $14,225,346 |
Waterfront Rescue Mission Inc Pensacola, FL | $22,275,311 | $19,399,994 |
Downtown Rescue Mission Inc Huntsville, AL | $14,737,773 | $10,441,439 |
24 7 Gateway Llc Atlanta, GA | $7,682,013 | $8,328,341 |
Hibiscus Childrens Center Inc Jensen Beach, FL | $5,361,339 | $8,228,127 |
Partners For Home Inc Atlanta, GA | $5,368,701 | $9,349,512 |
Orlando Union Rescue Mission Inc Orlando, FL | $18,067,054 | $7,873,484 |
Homeless Emergency Project Inc Clearwater, FL | $23,656,612 | $6,956,327 |