PET HAVEN INC OF MINNESOTA

EIN: 416040860 501(c)(3) Animal-Related

MINNEAPOLIS, MN

Total Revenue
$720,728
Total Expenses
$834,957
Total Assets
$746,228
Net Assets
$715,364
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Financial Trends

Organization Details

Formation Year
1952
Legal Domicile
MN
Principal Officer
KERRY SPOLUM-D'AMATO
Phone
9528313825
Tax Period
2023-01-01 to 2023-12-31

PET HAVEN INC OF MINNESOTA, founded in 1952, is a small nonprofit in the Animal-Related sector that reported $721K in total revenue in fiscal year 2023. Expenses of $835K exceeded revenue, resulting in a 16% operating deficit.

Mission

PET HAVEN RESCUES AND RE-HOMES CATS AND DOGS, SPAYS AND NEUTERS TO REDUCE OVER POPULATION, PROMOTES COMPANION ANIMAL WELFARE, AND ADVOCATES ON BEHALF OF COMPANION ANIMALS.

Program Service Accomplishments

Program 1
Expenses: $657,733 Revenue: $210,470

PET HAVEN RESCUES, REHABILITATES AND RE-HOMES RESCUED CATS AND DOGS. IN 2023, A TOTAL OF 867 PETS WERE RESCUED AND BROUGHT INTO THE CARE OF PET HAVEN AND 915 WERE ADOPTED INTO LOVING HOMES. IN 2023...

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PET HAVEN RESCUES, REHABILITATES AND RE-HOMES RESCUED CATS AND DOGS. IN 2023, A TOTAL OF 867 PETS WERE RESCUED AND BROUGHT INTO THE CARE OF PET HAVEN AND 915 WERE ADOPTED INTO LOVING HOMES. IN 2023, 709 CATS WERE RESCUED AND BROUGHT INTO THE CARE OF PET HAVEN WHILE 738 CATS WERE PLACED IN ADOPTIVE LOVING HOMES. IN 2023, 158 DOGS WERE RESCUED AND BROUGHT INTO THE CARE OF PET HAVEN WHILE 177 DOGS WERE PLACED IN ADOPTIVE LOVING HOMES.PET HAVEN'S OWNER SURRENDER PROGRAM SERVED 264 FAMILIES NEEDING TO SURRENDER THEIR FAMILY PET. THIS WAS NEITHER AN INCREASE NOR DECREASE OVER 2022. HAVING THE OPTION FOR PET HAVEN AS A SAFE PLACE FOR FAMILY PETS HELPS TO TAKE THE STRESS OFF OF AN OFTEN DIFFICULT SITUATION. AS PART OF PET HAVEN'S MISSION TO REDUCE UNWANTED LITTERS AND OVERPOPULATION, PET HAVEN PROVIDED SPAY/NEUTER SERVICES TO 767 PETS THROUGH OUR VETERINARY PARTNERS. THROUGH PET HAVEN'S MICROCHIP PROGRAM, 698 PETS RECEIVED MICROCHIPS. PET HAVEN REGISTERS EVERY CHIP TO THE NEW ADOPTER AND STAYS ON AS A SECONDARY CONTACT SO EVERY PET HAVEN PET HAS A SAFE PLACE TO LAND NO MATTER WHAT. BOTH THE SPAY/NEUTER SERVICES AND THE MICROCHIP PROGRAM HAVE SEEN CONTINUAL INCREASES EVERY YEAR. AS PART OF OUR MISSION TO SERVE MORE MINNESOTA PETS IN NEED AND INCREASE OUR LIFE SAVING IMPACT. PET HAVE OPENED UP ITS FIRST PHYSICAL SPACE IN APRIL OF 2022. THE FACILITY IS A BEAUTIFUL AND WELCOMING 5,500 SQ FOOT COMMUNITY BUILDING CENTER WHERE FAMILIES ARE CREATED THROUGH OUR ADOPTION PROGRAMS, FOSTERS ARE SUPPORT THROUGH HAVING A CENTRAL MEETING PLACE AND HOUSING SUPPLIES, VOLUNTEERS HAVE ACCESS TO STAFF WHEN NEEDED., AND THIS FACILITY ALSO OFFERS TEMPORARY EMERGENCY HOLDING OF AT RISK PETS WHEN NEEDED THUS ALLOWING US TO IMPACT A GREATER NUMBER OF PETS IN CRISIS. WE CONTINUE TO SEE THE EFFECTS OF HOUSING INSECURITY AND FINANCIAL STRESS ON PETS AND PEOPLE IN THE COMMUNITY, AS PET HAVEN SAW AN INCREASE IN SURRENDER SERVICES OF 69% IN 2023 AS COMPARED TO 2022.

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $476,874
Program Service Revenue $210,470
Investment Income $28,617
Other Revenue $4,767
TOTAL REVENUE $720,728

Expense Breakdown

Grants Paid $0
Salaries & Benefits $255,509
Fundraising Expenses $42,826
Program Expenses $657,733
Other Expenses $579,448
TOTAL EXPENSES $834,957

Year-over-Year Comparison

2023 2022 Change
Revenue $720,728 $699,550 +0.0%
Expenses $834,957 $788,118 +0.1%
Net Income $-114,229 $-88,568 +0.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
11
Independent Members
11
Employees
9
Volunteers
458

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$56,052
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LUCINDA WINTER BOARD MEMBER 5.00
Director
$0 $0 $0
KATE MUDGE VICE PRESIDENT 10.00
Officer Director
$0 $0 $0
JACK NOVAK TREASURER 10.00
Officer Director
$0 $0 $0
MARCELLA MCINTYRE PRESIDENT 10.00
Officer Director
$0 $0 $0
DR KATIE CARTLEDGE BOARD MEMBER 5.00
Director
$0 $0 $0
ELIJAH BERG BOARD MEMBER 5.00
Director
$0 $0 $0
MONIKA MCDOLE -RUSSELL BOARD MEMBER 5.00
Director
$0 $0 $0
MAREN WILLETTE BOARD MEMBER 5.00
Director
$0 $0 $0
JANET WATSON BOARD MEMBER 5.00
Director
$0 $0 $0
JENNIFER SPOSETO BOARD MEMBER 5.00
Director
$0 $0 $0
MARTA BARNETT BOARD MEMBER 5.00
Director
$0 $0 $0
KERRY SPOLUM-D'AMATO EXECUTIVE DIRECTOR 40.00
Officer
$56,052 $0 $56,052
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $720,728 $834,957 $746,228 $-114,229
2022 $699,550 $788,118 $614,164 $-88,568
2021 $538,199 $589,202 $803,533 $-51,003
2020 $444,071 $441,200 $781,598 $2,871
2019 $290,537 $315,584 $729,730 $-25,047
2018 $274,639 $344,755 $668,814 $-70,116
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