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Nonprofiteer
← WELCOME HOME INC

Form 990 for tax year 2024

Filed by WELCOME HOME INC.

Totals

Total revenue
$3,498,727
Total expenses
$3,401,157
Contributions and grants received
$3,401,745
Grants paid
$0
Program service revenue
$75,200
Investment income
$57,459
Other revenue
-$35,677
Total assets, end of year
$4,790,020
Total liabilities, end of year
$315,782
Net assets or fund balances, end of year
$4,474,238
Program services expenses (Part IX)
$3,042,597
Management and general expenses
$120,983
Fundraising expenses
$237,577
Program service expenses (Part III)
$3,042,597

Program services were 89.5% 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.

  • 1c · Fundraising events

    $258,701

  • 1e · Government grants (contributions)

    $2,519,220

  • 1f · All other contributions, gifts and grants

    $623,824

  • 1g · Noncash contributions included above

    $49,010

  • 2a · Program service revenue: DEVELOPMENT FEE - SPAR

    total $75,200 · related or exempt $75,200

  • 3 · Investment income

    total $45,459 · excluded $45,459

  • 7a · Gross sales of assets other than inventory

    other assets $12,000

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

    other assets $0

  • 7c · Gain or loss

    other assets $12,000

  • 7d · Net gain or loss

    total $12,000 · related or exempt $12,000

  • 8a · Fundraising events: gross income

    $31,224

  • 8a · Fundraising events: contributions included on line 1c

    $258,701

  • 8b · Fundraising events: direct expenses

    $103,168

  • 8c · Net income from fundraising events

    total -$71,944 · excluded -$71,944

  • 11a · Other revenue: MASTER LEASE

    total $28,097 · related or exempt $28,097

  • 11b · Other revenue: MISCELLANEOUS INCOME

    total $8,170 · related or exempt $8,170

  • 11e · Other revenue, total

    $36,267

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $130,081 · program services $113,519 · management and general $2,580 · fundraising $13,982

  • 7 · Other salaries and wages

    total $1,456,145 · program services $1,270,752 · management and general $28,882 · fundraising $156,511

  • 8 · Pension plan contributions

    total $20,728 · program services $18,089 · management and general $411 · fundraising $2,228

  • 9 · Other employee benefits

    total $111,242 · program services $97,079 · management and general $2,206 · fundraising $11,957

  • 10 · Payroll taxes

    total $127,456 · program services $111,229 · management and general $2,528 · fundraising $13,699

  • 11a · Fees: management

    total $12,386 · program services $5,172 · management and general $7,019 · fundraising $195

  • 11c · Fees: accounting

    total $52,522 · program services $22,608 · management and general $29,063 · fundraising $851

  • 11f · Fees: investment management

    total $4,386 · management and general $4,386

  • 11g · Fees: other

    total $29,750 · program services $12,422 · management and general $16,861 · fundraising $467

  • 12 · Advertising and promotion

    total $2,206 · program services $52 · management and general $69 · fundraising $2,085

  • 13 · Office expenses

    total $49,588 · program services $37,451 · management and general $2,547 · fundraising $9,590

  • 16 · Occupancy

    total $107,003 · program services $103,514 · management and general $1,500 · fundraising $1,989

  • 17 · Travel

    total $14,928 · program services $14,928

  • 22 · Depreciation, depletion and amortization

    total $124,155 · program services $119,193 · management and general $2,481 · fundraising $2,481

  • 23 · Insurance

    total $42,108 · program services $32,192 · management and general $8,065 · fundraising $1,851

  • 24a · Other expenses: CLIENT ASSISTANCE

    total $691,454 · program services $691,104 · management and general $350

  • 24b · Other expenses: CLIENT MEALS

    total $147,723 · program services $147,723

  • 24c · Other expenses: MAINTENANCE & SECURITY

    total $99,167 · program services $99,167

  • 24d · Other expenses: SUPPLIES AND EQUIPMENT

    total $61,226 · program services $60,619 · fundraising $607

  • 24e · All other expenses

    total $116,903 · program services $85,784 · management and general $12,035 · fundraising $19,084

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $440,540 · end of year $393,374

  • 3 · Pledges and grants receivable

    beginning of year $282,061 · end of year $279,869

  • 9 · Prepaid expenses and deferred charges

    beginning of year $19,919 · end of year $39,346

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

    $3,907,801

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

    $949,013

  • 10c · Land, buildings and equipment, net

    beginning of year $3,043,879 · end of year $2,958,788

  • 12 · Investments: other securities

    beginning of year $833,328 · end of year $1,008,020

  • 15 · Other assets

    beginning of year $110,788 · end of year $110,623

  • 17 · Accounts payable and accrued expenses

    beginning of year $227,361 · end of year $205,159

  • 25 · Other liabilities

    beginning of year $110,788 · end of year $110,623

  • 27 · Net assets without donor restrictions

    beginning of year $4,321,538 · end of year $4,471,641

  • 28 · Net assets with donor restrictions

    beginning of year $70,828 · end of year $2,597

Mission and programs · 2024

Mission

WELCOME HOME WORKS TO HONOR VETERANS AND RESTORE LIVES.

  • PROVIDE TRANSITIONAL HOUSING AS WELL AS SUPPORTIVE SERVICES FOR VETERANS OF THE UNITED STATES MILITARY WHO ARE HOMELESS OR AT RISK OF HOMELESSNESS.

    Expenses $3,042,597 · Revenue $123,467

As filed on the 2024 return.

Listed in Part VII

  • Jenny Lorenz-Rudkin

    PRESIDENT

    Total calculated
    $0
    Hours/week
    2
  • Marcus Glover

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    2
  • Matthew Lightle

    TREASURER

    Total calculated
    $0
    Hours/week
    2
  • Dale Fitch

    SECRETARY

    Total calculated
    $0
    Hours/week
    2
  • Terry Roberts

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Ross Bridges

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • James Chapman

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Jason Gruender

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Jennifer Sticken

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Joanie Mains

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Don Howser

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Shay Roush

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Bruno Greco

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Tanner Sutton

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Megan Sievers

    EXECUTIVE DIRECTOR

    Total calculated
    $130,081
    From this org
    $130,081
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

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.

Grants on this return

No itemized grants to organizations on this return.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

  • SPARTAN POINTE GP LLC

    LOW-INCOME HOUSING DEVELOPMENT · MO · income $0 · assets $0

    Directly controlled by WELCOME HOME INC

Provenance

Return type
form_990
Tax year
2024
Filed
21 August 2025
IRS schema version
2024v5.2
Source object
202512339349300141

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