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Nonprofiteer
← HOMEWARD BOUND INC

Form 990 for tax year 2023

Filed by HOMEWARD BOUND INC.

Totals

Total revenue
$19,103,964
Total expenses
$19,965,653
Contributions and grants received
$250,283
Grants paid
$34,375
Program service revenue
$18,715,870
Investment income
$137,811
Other revenue
$0
Total assets, end of year
$11,781,534
Total liabilities, end of year
$6,664,244
Net assets or fund balances, end of year
$5,117,290
Program services expenses (Part IX)
$16,164,469
Management and general expenses
$3,563,872
Fundraising expenses
$237,312
Program service expenses (Part III)
$16,164,469

Program services were 81.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1d · Related organizations

    $97,971

  • 1f · All other contributions, gifts and grants

    $152,312

  • 1g · Noncash contributions included above

    $62,530

  • 2a · Program service revenue: PROGRAM SERVICE FEES

    total $18,715,870 · related or exempt $18,715,870

  • 3 · Investment income

    total $40,459 · excluded $40,459

  • 7a · Gross sales of assets other than inventory

    securities $185,995

  • 7b · Less cost or other basis and sales expenses

    securities $88,643

  • 7c · Gain or loss

    securities $97,352

  • 7d · Net gain or loss

    total $97,352 · excluded $97,352

Functional expenses

Part IX, the statement of functional expenses.

  • 2 · Grants to domestic individuals

    total $34,375 · program services $34,375

  • 5 · Compensation of officers, directors and key employees

    total $205,816 · management and general $205,816

  • 7 · Other salaries and wages

    total $13,888,857 · program services $11,771,896 · management and general $1,965,986 · fundraising $150,975

  • 8 · Pension plan contributions

    total $289,000 · program services $229,938 · management and general $46,314 · fundraising $12,748

  • 9 · Other employee benefits

    total $880,057 · program services $693,179 · management and general $146,542 · fundraising $40,336

  • 10 · Payroll taxes

    total $1,082,238 · program services $884,031 · management and general $182,451 · fundraising $15,756

  • 11b · Fees: legal

    total $90,943 · management and general $90,943

  • 11c · Fees: accounting

    total $48,193 · management and general $48,193

  • 11g · Fees: other

    total $308,985 · program services $165,461 · management and general $143,524

  • 13 · Office expenses

    total $80,154 · program services $57,832 · management and general $21,744 · fundraising $578

  • 16 · Occupancy

    total $803,901 · program services $554,981 · management and general $246,693 · fundraising $2,227

  • 17 · Travel

    total $142,652 · program services $142,652

  • 19 · Conferences, conventions and meetings

    total $23,055 · program services $7,265 · management and general $14,251 · fundraising $1,539

  • 20 · Interest

    total $68,259 · program services $64,034 · management and general $4,225

  • 22 · Depreciation, depletion and amortization

    total $502,105 · program services $423,606 · management and general $78,499

  • 24a · Other expenses: CONSUMABLES

    total $609,991 · program services $594,839 · management and general $13,333 · fundraising $1,819

  • 24b · Other expenses: PROGRAM CONTRACTS

    total $463,839 · program services $463,616 · management and general $223 · fundraising $0

  • 24c · Other expenses: MISCELLANEOUS EXPENSES

    total $443,233 · program services $76,764 · management and general $355,135 · fundraising $11,334

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $99,874 · end of year $29,284

  • 2 · Savings and temporary cash investments

    beginning of year $1,099,168 · end of year $713,171

  • 4 · Accounts receivable

    beginning of year $1,588,262 · end of year $1,032,824

  • 9 · Prepaid expenses and deferred charges

    beginning of year $97,940 · end of year $160,336

  • 10a · Land, buildings and equipment: cost or other basis

    $15,343,965

  • 10b · Land, buildings and equipment: accumulated depreciation

    $6,825,376

  • 10c · Land, buildings and equipment, net

    beginning of year $6,106,368 · end of year $8,518,589

  • 11 · Investments: publicly traded securities

    beginning of year $809,771 · end of year $922,598

  • 15 · Other assets

    beginning of year $291,296 · end of year $404,732

  • 17 · Accounts payable and accrued expenses

    beginning of year $1,074,591 · end of year $1,494,856

  • 21 · Escrow or custodial account liability

    beginning of year $69,284 · end of year $0

  • 23 · Secured mortgages and notes payable

    beginning of year $2,753,839 · end of year $5,037,573

  • 25 · Other liabilities

    beginning of year $215,986 · end of year $131,815

  • 27 · Net assets without donor restrictions

    beginning of year $4,644,920 · end of year $3,791,154

  • 28 · Net assets with donor restrictions

    beginning of year $1,334,059 · end of year $1,326,136

Mission and programs · 2023

Mission

PROVIDING INNOVATIVE AND LIFE-ENRICHING SERVICES FOR CHILDREN, ADOLESCENTS, AND ADULTS WITH DISABILITIES.

Activities or mission (Part I)

PROVIDE INNOVATIVE, LIFE- ENRICHING SERVICES TO DISABLED CHILDREN, ADOLESCENTS AND ADULTS.

  • HOMEWARD BOUND WAS FOUNDED BY FAMILIES IN 1973. FOR 49 YEARS HOMEWARD BOUND HAS PROVIDED QUALITY AND INNOVATIVE SERVICES TO SUPPORT CHILDREN AND ADULTS WITH DISABILITIES IN LEADING MORE FULFILLING LIVES. WHILE WE SERVE PEOPLE WITH A VARIETY OF DISABILITIES, WE HAVE THE UNIQUE CAPACITY OF MEETING THE NEEDS OF THOSE WITH THE MOST SEVERE AND PROFOUND DISABILITIES. WE PROVIDE 24 HOUR SPECIALIZED NURSING CARE, IN-HOME CARE AND GROUP LIVING ENVIRONMENTS. HOMEWARD BOUND IS A PARTNERSHIP BETWEEN SPIRITED INDIVIDUALS WITH DISABILITIES AND THE CARING PEOPLE COMMITTED TO PROVIDING AN INDIVIDUALIZED, CHALLENGING AND LIFE-AFFIRMING GROWTH EXPERIENCE. WE PROVIDE SUPPORT WHICH VALUES THE COMPETENCE, STRENGTHS AND DESIRES OF EACH INDIVIDUAL. EACH PERSON IS ENCOURAGED AND EMPOWERED TO DEVELOP SKILLS AND CAPABILITIES NEEDED TO INCREASE SELF-RELIANCE AND ENHANCE QUALITY OF LIFE.WE CURRENTLY OPERATE 22 RESIDENTIAL HOMES, AND AN IN-HOME PROGRAM. OUR HOMES SPAN THE COMMUNITIES OF: BROOKLYN PARK, CRYSTAL, GOLDEN VALLEY, HOPKINS, MAPLE GROVE, MINNETONKA, NEW HOPE, PLYMOUTH, ROBBINSDALE AND ST. LOUIS PARK. WE CURRENTLY SERVE 91 PEOPLE, AGES 14-70+, FROM A VARIETY OF RACES, RELIGIONS AND ETHNICITIES. OUR MISSION: TO BE THE LEADING PROVIDER OF LIFE-ENRICHING SERVICES FOR CHILDREN AND ADULTS WITH DISABILITIES.WE ACHIEVE THIS BY CONTINUOUSLY IMPROVING THE QUALITY OF SUPPORT SERVICES. THE STAFF WORKS HARD TO MAKE SURE THAT REGARDLESS OF A PERSON'S DISABILITIES, THERE ARE WAYS TO PARTICIPATE AND ENJOY LIFE'S PLEASURES. WE STRIVE TO EXCEED THE EXPECTATIONS OF THE PEOPLE WE SERVE AND THEIR FAMILIES BY FINDING BETTER WAYS OF DELIVERING CARE, HOUSING AND PROGRAMMATIC SERVICES.SERVICES WE PROVIDE: *RESIDENTIAL HOUSING SUPPORT: SPECIALLY DESIGNED HOMES TO MEET THE NEEDS OF INDIVIDUALS WITH DISABILITIES. OUR WELL TRAINED SUPPORT PROFESSIONALS HELP CHILDREN AND ADULTS WITH DISABILITIES DEVELOP AND ACHIEVE GOALS IN ALL LIFE AREAS USING SOPHISTICATED PROGRAMMING. WE OFFER 24/7, 365 DAY SUPPORT IN ALL OUR HOMES. *EDUCATION AND OUTREACH: HOMEWARD BOUND REACHES OUT TO THE COMMUNITY AS A WHOLE THROUGH INFORMATIONAL SPEAKING EVENTS, COMMUNITY ACTIVITIES AND PRESENTATIONS ABOUT DEVELOPMENT DISABILITIES TO EDUCATE THE PUBLIC ABOUT DISABILITIES AND AVAILABLE SUPPORT PROGRAMS.COMMUNITY ACTIVITIES WE OFFER:HOMEWARD BOUND STRIVES TO CONNECT CHILDREN AND ADULTS OF ALL MENTAL AND PHYSICAL ABILITIES TO THE ARTS, MUSIC, NATURE AND OTHER COMMUNITY INVOLVEMENT ACTIVITIES. *ART-ABILITIES: AN ART SHOW AT HENNEPIN COUNTY LIBRARY FEATURING ARTWORK REPRESENTING OVER 6,500 MINNESOTANS WITH DISABILITIES. THIS YEAR ARTWORK CREATED BY INDIVIDUALS AT HOMEWARD BOUND IS ON DISPLAY AT RIDGEDALE LIBRARY IN OCTOBER. *MADE IN THE SHADE: A NON-COMPETITIVE WALK, RUN OR ROLL EVENT AROUND LAKE CALHOUN. HOMEWARD BOUND COORDINATES THIS EVENT WITH SIX OTHER NONPROFITS WITH SIMILAR SERVICES TO CHILDREN AND ADULTS WITH DISABILITIES. THIS IS A GREAT WAY FOR THE INDIVIDUALS IN OUR HOMES TO GET OUT INTO THE COMMUNITY AND ENJOY A DAY OUTSIDE. *HOMEWARD BOUND GOLF CLASSIC: 2023 WILL BE OUR 27TH ANNUAL GOLF EVENT, HELD AT MINNESOTA VALLEY COUNTRY CLUB IN BLOOMINGTON. MANY LARGE AREA CORPORATIONS SUPPORT THIS EVENT AND HAVE FORMED WONDERFUL PARTNERSHIPS WITH HOMEWARD BOUND.

    Expenses $16,164,469 · Grants $34,375 · Revenue $18,715,870

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Ryan Sherwood

    CHAIR

    Total calculated
    $0
    Hours/week
    1
  • Kevin Rymanowski

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    1
  • Paul Chermak

    BOARD TREASURER

    Total calculated
    $0
    Hours/week
    0.5
  • Dave Hofstad Thru Oct 23

    BOARD SECERTARY

    Total calculated
    $0
    Hours/week
    0.2
  • Terry Severns Williams

    BOARD SECERTARY

    Total calculated
    $0
    Hours/week
    0.2
  • Mary Ystesund

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Wolfgang Griener

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Jan Moser

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Andrea Nelson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Pat Hurley

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.2
  • Steve Lanek

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.2
  • Donald Priebe

    CEO

    Total calculated
    $205,816
    From this org
    $177,813
    From related orgs
    $0
    Other
    $28,003
    Hours/week
    40 + 0.3 related

    Schedule J breakdown matched by us

    Base
    $177,788
    Bonus
    $25
    Other
    $0
    Deferred
    $13,005
    Nontaxable benefits
    $14,998
    Filer's total
    $205,816
  • Paul Gustafson Thru Sep 23

    DIRECTOR OF FINANCE & PROPERTY

    Total calculated
    $50,681
    From this org
    $50,681
    From related orgs
    $0
    Other
    $0
    Hours/week
    40 + 0.1 related
  • Stanley Woi

    LPN

    Total calculated
    $194,403
    From this org
    $174,753
    From related orgs
    $0
    Other
    $19,650
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $174,478
    Bonus
    $275
    Other
    $0
    Deferred
    $13,146
    Nontaxable benefits
    $6,504
    Filer's total
    $194,403
  • Wycliffe Wara

    LPN

    Total calculated
    $224,361
    From this org
    $186,796
    From related orgs
    $0
    Other
    $37,565
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $186,271
    Bonus
    $525
    Other
    $0
    Deferred
    $32,489
    Nontaxable benefits
    $5,076
    Filer's total
    $224,361
  • Richard Getonto

    LPN

    Total calculated
    $176,052
    From this org
    $157,551
    From related orgs
    $0
    Other
    $18,501
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $155,201
    Bonus
    $2,350
    Other
    $0
    Deferred
    $15,311
    Nontaxable benefits
    $3,190
    Filer's total
    $176,052
  • Lydia Mogaka

    LPN

    Total calculated
    $161,069
    From this org
    $156,386
    From related orgs
    $0
    Other
    $4,683
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $156,111
    Bonus
    $275
    Other
    $0
    Deferred
    $4,683
    Nontaxable benefits
    $0
    Filer's total
    $161,069
  • Jerome Olasanmi

    LPN

    Total calculated
    $204,254
    From this org
    $162,901
    From related orgs
    $0
    Other
    $41,353
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $162,501
    Bonus
    $400
    Other
    $0
    Deferred
    $27,786
    Nontaxable benefits
    $13,567
    Filer's total
    $204,254

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Compensation committee
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

  • HOMEWARD BOUND FOUNDATION

    501(C)(3) · MANAGE FUNDRAISING ACTIVITIES FOR HOMEWARD BOUND, INC. · MN · controlled entity

    Directly controlled by HOMEWARD BOUND INC

Provenance

Return type
form_990
Tax year
2023
Filed
9 October 2024
IRS schema version
2023v5.1
Source object
202412849349300441

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