Hearth Connection FY2021 filing

Tax-deductible

Saint Paul, MN501(c)(3)Since 1999HousingEIN 41-1945956

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Hearth Connection works with government, nonprofit, and tribal partners to provide innovative supportive housing services across minnesota and improve outcomes for people experiencing long term homelessness.

501(c)(3) charity; gifts are tax-deductible.
93¢ of each $1 spent went to programs.
$111K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 5
filings with a surplus
Average deficit $97K a year · under 1% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
93%
of spending
Looks good: 93% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$111K
to officers and key staff · 0.8% of spending
Looks good: pay to officers and key staff is 1% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
<1 mo
of spending, in cash
Concern: 0.1 months of spending in cash; under 2 weeks.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $15K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$883K
39% of total assets
Looks good: liabilities are 39% of assets; 50% or less.
Pt X · Ln 26
Independent board members
11
of 11 voting members
Looks good: 11 of 11 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$14.3M
+4% vs prior year
Spent
$14.2M
To programs
93%
Net assets
$1.4M
By yearFY2020–FY2024
Revenue
$14.3M
FY2021▲ +4%
Revenue by fiscal year
FY2020$13.8M
FY2021$14.3M
FY2022$13.1M
FY2023$12.8M
FY2024$14.0M
Expenses
$14.2M
FY2021▲ +2%
Expenses by fiscal year
FY2020$13.9M
FY2021$14.2M
FY2022$13.7M
FY2023$12.8M
FY2024$14.0M
Net assets
$1.4M
FY2021▲ +13%
Net assets by fiscal year
FY2020$1.2M
FY2021$1.4M
FY2022$845K
FY2023$848K
FY2024$873K

From the FY2021 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Aug 1999.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

93 cents of each dollar spent went to programs.

Program services 93% · $13.1M Management & general 7% · $1.0M Fundraising 0% · $32K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

14 people listed on the 990; $111K paid to officers and key staff.

Part VII, Section A · reportable compensation
Director of Finance (thru June)
$64,123Pt VII · Sec A
Executive Director
$47,173Pt VII · Sec A
Vice Chair
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Marcus Schmit’s $155K as Executive Director is at the 21st percentile of top reported officer pay among 676 $10–100M housing nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Marcus Schmit$154,787$139,211$119,010——
Kristine Davis$116,725$100,545———
Eric Hands$110,358$102,133———
Kelby Grovender————$95,357
Taunia Gorka———$64,123$93,977
Winda Roets$85,824$82,410———
Marcus Schmidt———$47,173—
Marlena Jasch$1,200————

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Hearth Connection executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Provides innovative supportive housing services to end long-term homelessness across Minnesota.

Provided by the organization

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1 program · $13.1M · in their own filed words · FY2021
01

Hearth connection works with a broad range of stakeholders to strengthen minnesota's network of supportive housing for people experiencing long histories of homelessness. As an intermediary between government, philanthropy, and direct service providers, hearth connection provides funding and administrative support, as well as fiscal and…

$13.1Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2025
Total grants receivedfrom 1 funder$15K
Grants paid · 196 grants · $58.4M · 2020–2024
GuildMN · FY2024$1,765,415
AvivoMN · FY2024$1,682,544
Amherst H Wilder FoundationMN · FY2024$976,976
People IncorporatedMN · FY2024$784,369
Blue Earth CountyFY2024$739,741
Human Development CenterMN · FY2024$529,828
Breaking Free INCMN · FY2024$356,590
MeshMN · FY2024$229,068
YouthlinkMN · FY2024$210,387
Clare HousingMN · FY2024$173,185
Tri County Action Program INCMN · FY2024$132,516
See all 196 grants →

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$14.3M
Ln 12
Gifts and grantsLn 1h$12.5M
Fees for servicesLn 2g$1.8M
Investment incomeLn 3$513
Money outPt IX
$14.2M
Ln 25
Programscol B$13.1M
Managementcol C$1.0M
Fundraisingcol D$32K
Owns and owesPt X
$1.4M
net assets · Ln 32
Cash and savingsLn 1–2$119K
Total assetsLn 16$2.3M
LiabilitiesLn 26$883K
PeoplePt VI, VII
14
listed · VII A
PaidVII A2
Voting boardVI 1a11
IndependentVI 1b11
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$12.5M
Government grantsLn 1e$12.5M
Fees for servicesLn 2g$1.8M
Investment incomeLn 3$513
Total revenueLn 12$14.3M
Assets in detailPt X, end of year
CashLn 1$22K
SavingsLn 2$97K
Cash and savings togetherLn 1–2$119K
Land, buildings, equipmentLn 10c$3K
Other assetsLn 15$5K
Total assetsLn 16$2.3M
LiabilitiesLn 26$883K
Net assetsLn 32$1.4M
OperationsPt I, VI
EmployeesI 518
VolunteersI 625
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$377K$119K
Land, buildings, equipmentLn 10c$4K$3K
Total assetsLn 16$3.5M$2.3M
LiabilitiesLn 26$2.3M$883K
Net assetsLn 32$1.2M$1.4M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$12.1M$12.1M
Pay of current officers, directors and key staffLn 5$140K$92$140K
Other salaries and wagesLn 7$943K$556K$369K$18K
Pension plan contributionsLn 8$35K$18K$16K$707
Other employee benefitsLn 9$223K$108K$111K$4K
Payroll taxesLn 10$79K$38K$39K$1K
Legal feesLn 11b$38K$6K$32K
Accounting feesLn 11c$42K$42K
Lobbying feesLn 11d$59K$34K$25K
Other fees for servicesLn 11g$113K$40K$72K$530
Office expensesLn 13$35K$18K$17K$382
Information technologyLn 14$172K$88K$79K$4K
OccupancyLn 16$71K$40K$29K$1K
TravelLn 17$10K$2K$8K$12
Conferences, conventions and meetingsLn 19$19K$5K$13K$23
Depreciation, depletion and amortizationLn 22$715$447$254$14
InsuranceLn 23$26K$13K$12K$491
Other expenses (24a–d)Ln 24$26K$26K
All other expensesLn 24e$10K$10K$93
Total functional expensesLn 25$14.2M$13.1M$1.0M$32K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $14.0M$14.0M$24K$873K 990 PDF
FY2023 $12.8M$12.8M$4K$848K 990 PDF
FY2022 $13.1M$13.7M−$556K$845K 990 PDF
FY2021 Viewing $14.3M$14.2M$162K$1.4M 990 PDF
FY2020 $13.8M$13.9M−$119K$1.2M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2021 990 (4 parts)
Part VIII · Statement of revenue $14,314,767 across 6 lines filed
VIII-1e Government grants$12,519,713
VIII-1f All other contributions, gifts and grants$12,500
VIII-1h Total contributions, gifts and grants$12,532,213
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $1,782,041$1,782,041
VIII-3 Investment incomeExcluded from tax $513$513
VIII-12 Total revenueRelated to mission $1,782,041 · Unrelated business $0 · Excluded from tax $513$14,314,767
Part IX · Statement of functional expenses $14,152,424 across 19 lines filed
IX-1 Grants to domestic organizationsPrograms $12,113,598$12,113,598
IX-5 Pay of current officers, directors and key staffPrograms $92 · Management $140,027$140,119
IX-7 Other salaries and wagesPrograms $555,736 · Management $369,290 · Fundraising $18,379$943,405
IX-8 Pension plan contributionsPrograms $18,478 · Management $15,921 · Fundraising $707$35,106
IX-9 Other employee benefitsPrograms $108,075 · Management $110,618 · Fundraising $4,134$222,827
IX-10 Payroll taxesPrograms $38,099 · Management $38,995 · Fundraising $1,457$78,551
IX-11b Legal feesPrograms $5,517 · Management $32,373$37,890
IX-11c Accounting feesManagement $41,702$41,702
IX-11d Lobbying feesPrograms $33,831 · Management $24,690$58,521
IX-11g Other fees for servicesPrograms $40,244 · Management $71,752 · Fundraising $530$112,526
IX-13 Office expensesPrograms $17,721 · Management $16,516 · Fundraising $382$34,619
IX-14 Information technologyPrograms $88,142 · Management $79,319 · Fundraising $4,163$171,624
IX-16 OccupancyPrograms $40,355 · Management $29,043 · Fundraising $1,481$70,879
IX-17 TravelPrograms $2,166 · Management $7,571 · Fundraising $12$9,749
IX-19 Conferences, conventions and meetingsPrograms $5,060 · Management $13,476 · Fundraising $23$18,559
IX-22 Depreciation, depletion and amortizationPrograms $447 · Management $254 · Fundraising $14$715
IX-23 InsurancePrograms $13,104 · Management $12,437 · Fundraising $491$26,032
IX-24 Other expenses (24a–d)Programs $26,258$26,258
IX-24e All other expensesManagement $9,651 · Fundraising $93$9,744
IX-25 Total functional expensesPrograms $13,106,923 · Management $1,013,635 · Fundraising $31,866$14,152,424
Part X · Balance sheet $2,283,440 assets, 14 lines filed
X-1 Cash, non-interest-bearingStart of year $30,948$21,577
X-2 Savings and temporary cash investmentsStart of year $346,492$97,279
X-3 Pledges and grants receivableStart of year $3,028,267$2,079,912
X-4 Accounts receivableStart of year $55,428$45,190
X-9 Prepaid expenses and deferred chargesStart of year $51,705$31,003
X-10c Land, buildings and equipment, netStart of year $4,167$3,452
X-15 Other assetsStart of year $5,027$5,027
X-16 Total assetsStart of year $3,522,034$2,283,440
X-17 Accounts payable and accrued expensesStart of year $1,140,023$389,729
X-19 Deferred revenueStart of year $1,143,784$493,141
X-26 Total liabilitiesStart of year $2,283,807$882,870
X-27 Net assets without donor restrictionsStart of year $1,238,227$1,400,570
X-32 Total net assets or fund balancesStart of year $1,238,227$1,400,570
X-33 Total liabilities and net assetsStart of year $3,522,034$2,283,440
Part XI · Reconciliation of net assets $1,400,570 net assets at year end
XI-1 Total revenue$14,314,767
XI-2 Total expenses$14,152,424
XI-3 Revenue less expenses$162,343
XI-4 Net assets at start of year$1,238,227
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$1,400,570

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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