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Nonprofit · EIN 23-2652023

OPEN HEARTH INC

Tax-exempt · PHOENIXVILLE, PA 19460

Financials

$3.1M$3M2023$3M$3.1M2024
Revenue Expenses · by fiscal year end
Financials of OPEN HEARTH INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$3,003,536$3,141,180-$137,644$3,160,772$251,127$2,909,645
December 31, 2023990$3,138,465$3,012,163$126,302$3,339,003$294,032$3,044,971
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$2,960,427
of which government grants
$1,921,713
Program service revenue
$0
Investment income
$38,159
Other revenue
$4,950

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$403,704
Other salaries and wages
$741,664
Salaries, compensation and benefits (total)
$1,388,309
Professional fundraising fees
$0
Accounting fees
$19,000
Travel
$16,123
Depreciation
$44,384
Program services (functional)
$2,895,197
Management and general (functional)
$145,857
Fundraising (functional)
$100,126

Balance sheet and other

Total assets, start of year
$3,339,003
Total assets, end of year
$3,160,772
Total liabilities, end of year
$251,127
Net assets, end of year
$2,909,645
Land, buildings and equipment
$1,369,053
Net assets without donor restrictions
$2,601,414
Net assets with donor restrictions
$308,231
Gross receipts
$3,003,536
Employees
21
Volunteers
42
Year formed
1991
State of legal domicile
PA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
KELLY RAGGAZINOCEO
Trustee or director, Officer
40$132,058$34,599
CHRISTINA WHEELER TOWNECFO
Officer
40$96,875$25,381
KATELYN MALIS PATTISONCOO
Officer
40$91,462$23,963
EDWIN SANTIAGOPresident
Trustee or director, Officer
1$0$0
DAVID SHELLENBERGERVice President
Trustee or director, Officer
1$0$0
LISA EPPOLITOSecretary
Trustee or director, Officer
1$0$0
CRYSTAL JOHNSDirector
Trustee or director
1$0$0
DAVID MEGAY ESQDirector
Trustee or director
1$0$0
MELISSA E SCOTT ESQDirector
Trustee or director
1$0$0
RYAN DADOLYDirector
Trustee or director
1$0$0
CHARLES BENZDirector
Trustee or director
1$0$0
RYAN WARWICKDirector
Trustee or director
1$0$0
TAMARA CLARKEDirector
Trustee or director
1$0$0
990 for the year ended December 31, 2023: 13 people
NameTitleHours / weekCompensation
KELLY RAGGAZINOCEO
Trustee or director, Officer
40$136,000
KATELYN MALIS PATTISONCOO
Officer
40$94,950
CHRISTINA WHEELER TOWNECFO
Officer
40$93,500
EDWIN SANTIAGOPresident
Trustee or director, Officer
1$0
DAVID SHELLENBERGERVice President
Trustee or director, Officer
1$0
LISA KORABDirector
Trustee or director
1$0
CRYSTAL JOHNSDirector
Trustee or director
1$0
DAVID MEGAY ESQDirector
Trustee or director
1$0
MELISSA E SCOTT ESQDirector
Trustee or director
1$0
RYAN DADOLYDirector
Trustee or director
1$0
CHARLES BENZDirector
Trustee or director
1$0
RYAN WARWICKDirector
Trustee or director
1$0
TAMARA CLARKEDirector
Trustee or director
1$0

Address and contacts

Address (IRS master file)
701 MAIN ST, PHOENIXVILLE, PA 19460-3824
Principal officer (990 for 2024)
EDWIN SANTIAGO, 701 S MAIN STREET, PHOENIXVILLE, PA 19460
Signed the 990
KELLY RAGGAZINO, CEO
Phone
(610) 792-9282
Return prepared by
BEUCLER KELLY & IRWIN LTD

Mission

OPEN HEARTH, INC., A LEADER IN RESOURCE COORDINATION AND COMMUNITY BUILDING EFFORTS, PROVIDES INNOVATIVE PROGRAMS TO SUPPORT AND EMPOWER PEOPLE TO END THE CYCLE OF HOMELESSNESS, ACQUIRE AFFORDABLE HOUSING, A MEANS OF TRANSPORTATION, WORKFORCE OPPORTUNITIES, AND ACHIEVE FINANCIAL STABILITY.

990 for the year ended December 31, 2024

Program accomplishments

  • Housing Programs: Open Hearth administered permanent housing subsidies for 80 individuals and families who experienced homelessness and live with a documented disability through the Continuum of Care Permanent Supportive Housing (CoC PSH) Program. In addition, the Housing Contingency Fund (HCF) Program provided housing start-up costs, emergency financial assistance to prevent eviction or utility shut-off, and hotel respite for adults experiencing homelessness who have a serious and persistent mental illness. In 2024, 88 households received HCF assistance.
    Expenses $2,176,051
  • Financial Management Programs: Open Hearths Family Savings Partner (FSP) Program is a financial empowerment initiative designed to help individuals and families build long-term stability through asset development. The program provides a matched savings opportunity to support major financial goals such as purchasing a vehicle, pursuing post-secondary education, or buying a first home. In 2024, 84 households participated in FSP, with 29 successfully purchasing their desired asset.Throughout the program, FSP staff provide individualized support through regular progress updates, resource referrals, and goal-oriented financial guidance. Additionally, FSP includes a public financial education component. In 2024, 24 workshops were delivered on topics such as budgeting, credit repair, homeownership, college financing, and the car-buying process. A total of 149 individuals attended, of whom 87 were unduplicated.Financial Navigation Services provide personalized financial coaching to individuals aiming to increase income, reduce debt, and build savings. Financial Navigators assist clients in setting financial goals, developing spending plans, and accessing community resources. In 2024, 280 individuals were served: 73 new full-service clients, 120 brief-service clients, and 87 full-service clients carried over from the previous year.
    Expenses $567,643
  • Housing Programs: The Organization is deeply committed to strengthening the community and addressing the evolving needs of the individuals it serves. Open Hearth plays a leading role in advancing affordable housing, financial empowerment, and overall quality of life in Chester County. For example, the CEO serves on the governance board of the Chester County Partnership to End Homelessness, while additional staff actively contribute to a range of local initiatives, including the Phoenixville Affordable Housing Council, Phoenixville Hospital Community Benefit Committee, the Housing Authority of Chester Countys Family Self-Sufficiency Committee, Phoenixville School Districts HUB, and the Chester County Reentry Coalition.In addition, Open Hearth founded and continues to facilitate the Phoenixville Area Resource Network (PARN), a monthly drop-in meeting that brings together staff from over 100 local social service agencies each year.The Targeted Homelessness Resource Coordination (THRC) Program, established in January 2020, remains a critical component of Chester Countys strategy to end homelessness. Aligned with the U.S. Department of Housing and Urban Developments (HUD) best practices, the THRC manages the countys by-name list in coordination with the Homeless Management Information System (HMIS) Data Lead and facilitates a coordinated, community-wide effort to prioritize and house individuals. This is accomplished through the facilitation of biweekly case conferencing meetings with cross-system providers. In 2024, 489 households were case conferenced.
    Expenses $134,654
  • Transportation Program: Open Hearth supports transportation access through two primary strategies. Under the Family Savings Partner Program, participants may apply their matched savings toward the purchase of a reliable vehicle. In 2024, 18 of the 84 enrolled FSP households were saving for a vehicle, and 9 completed a purchase.In October 2024, Open Hearth launched JumpStart, a zero-interest loan program for essential car repairs. The program helps participants maintain safe, reliable transportation to access work, education, and vital services. In its inaugural quarter, three participants enrolled, and one loan was issued.Finally, one FSP participant received an in-kind donation of a vehicle during the year.
    Expenses $16,849

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
23-2652023
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1991
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Human services (P73Z)
Assets (IRS master file)
$3,160,772
Income (IRS master file)
$3,003,536

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$3,003,536$3,141,180$3,160,772IRS
990December 2023$3,138,465$3,012,163$3,339,003XML
990September 2021–––IRS
990September 2020–––IRS
990September 2019–––IRS
990September 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 23-2652023).

Questions about OPEN HEARTH INC

What is the EIN of OPEN HEARTH INC?
The employer identification number (EIN) of OPEN HEARTH INC is 23-2652023.
Is OPEN HEARTH INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1991.
Are donations to OPEN HEARTH INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does OPEN HEARTH INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of OPEN HEARTH INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did OPEN HEARTH INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of OPEN HEARTH INC?
The 990 for the year ended December 31, 2024 names EDWIN SANTIAGO.
Who are the officers and directors of OPEN HEARTH INC?
The 990 for the year ended December 31, 2024 lists 13 people; 3 received compensation from the organization, the highest $132,058 (KELLY RAGGAZINO, CEO).
How much revenue does OPEN HEARTH INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $3,003,536, expenses of $3,141,180 and total assets of $3,160,772 at year end.

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