Taylor Home
- Assets
- $85.1m
- Revenue
- $21.4m
- Investments
- $16.2m
- Employees
- 0
- Location
- Laconia, NH
- Founding
- 08/1950
- Data as of
- 04/2022
- EIN
- 02-0222149
Organization Overview
Taylor Home is located in Laconia, NH. The organization was established in 1950. According to its NTEE Classification (L99) the organization is classified as: Housing & Shelter N.E.C., under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Taylor Home is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 04/2022, Taylor Home generated $21.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.7% each year. All expenses for the organization totaled $21.9m during the year ending 04/2022. While expenses have increased by 8.3% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATION AND MAINTENANCE OF 239 UNITS OF INDEPENDENT HOUSING AND 115 ASSISTED LIVING/NURSING UNITS TO PROVIDE HEALTH CARE MANAGEMENT AND LONG-TERM HEALTH CARE FOR ELDERLY PERSONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Flaherty CEO | 40 | $255,174 | |
Jenifer Hoffman Director Of Marketin | 40 | $166,001 | |
Mark Latham VP Of Clinical Opera | 40 | $164,846 | |
Tamara Stevens Sales | 40 | $162,614 | |
Kirk Beswick VP Of Facilities | 40 | $152,988 | |
Edmund T Soucy Vp, Finance | 40 | $145,434 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Sheehan Phinney Bass & Green | 4/29/22 | $175,077 |
Jsa Inc | 4/29/22 | $101,131 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,287,530 |
| Interest on Savings | $0 |
| Dividends & Interest | $372,442 |
| Net Rental Income | $85,793 |
| Net Gain on Sale of Assets | $213,075 |
| Capital Gain Net Income | $191,941 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $19,439,763 |
| Total Revenue | $21,418,139 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $400,608 |
| Other employee salaries and wages | $8,210,782 |
| Pension plans, employee benefits | $2,413,440 |
| Interest | $706,153 |
| Taxes | $591,312 |
| Depreciation | $2,714,665 |
| Occupancy | $754,209 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $226,019 |
| Other expenses | $5,530,892 |
| Total operating and administrative expenses | $21,833,401 |
| Contributions, gifts, grants paid | $19,685 |
| Total expenses and disbursements | $21,853,086 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $850 |
| Savings and temporary cash investments | $4,504,193 |
| Net Accounts receivable | $629,044 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $84,900 |
| Inventories for sale or use | $95,999 |
| Prepaid expenses and deferred charges | $297,507 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $120,992 |
| Investments—other | $8,079,049 |
| Net Land, buildings, and equipment | $48,588,308 |
| Other assets | $14,724,665 |
| Total assets | $85,135,801 |
| Accounts payable and accrued expenses | $2,342,001 |
| Grants payable | $0 |
| Deferred revenue | $44,487,778 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $19,851,367 |
| Other liabilities | $1,363,178 |
| Total liabilities | $68,044,324 |
Grants Awarded
Over the last fiscal year, Taylor Home has awarded $19,685 in support to 15 organizations.
| Grant Recipient | Amount |
|---|---|
Meredith, NH PURPOSE: SUPPORT OF CHARITABLE ORGANIZATION | $5,500 |
GREATER LAKES REGION CHILDRENS AUCTION PURPOSE: SUPPORT OF CHARITABLE ORGANIZATION | $2,500 |
Laconia, NH PURPOSE: SUPPORT OF CHARITABLE ORGANIZATION | $2,250 |
NEW HAMPSHIRE BOAT MUSEUM PURPOSE: SUPPORT OF CHARITABLE ORGANIZATION | $2,000 |
NH LONG TERM CARE FOUNDATION PURPOSE: SUPPORT OF CHARITABLE ORGANIZATION | $2,000 |
GILDA'S CLUB NH PURPOSE: SUPPORT OF CHARITABLE ORGANIZATION | $2,000 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Taylor Home has recieved totaling $87,224.
| Awarding Organization | Amount |
|---|---|
Oscar J George Trust Concord, NH PURPOSE: GENERAL OPERATING EXPENSES | $72,000 |
Frank E Busiel Tr Uw - Jjm Pittsburgh, PA PURPOSE: GENERAL OPERATING | $15,224 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Homes For Our Troops Inc Taunton, MA | $32,216,870 | $35,704,270 |
Taylor Home Laconia, NH | $85,135,801 | $21,418,139 |
The Prospect-Woodward Home Keene, NH | $98,470,957 | $10,325,465 |
The Housing Partnership Network Inc Boston, MA | $38,640,476 | $16,875,187 |
Group Main Stream Inc Westbrook, ME | $5,117,490 | $12,271,030 |
Living Independently Forever Inc Hyannis, MA | $12,273,693 | $10,857,981 |
The Converse Home Inc Burlington, VT | $9,403,525 | $5,936,204 |
Scott-Farrar Home Peterborough, NH | $20,723,129 | $5,884,459 |
Cambridge Homes Cambridge, MA | $39,547,737 | $6,429,168 |
Citizens Housing & Planning Association Inc Boston, MA | $5,716,703 | $4,277,599 |
Colony Retirement Homes Of Holden Inc Holden, MA | $2,543,556 | $1,301,702 |
Om Fisher Home Inc Montpelier, VT | $9,964,562 | $3,685,992 |