Taylor Home
- Assets
- $109.2m
- Revenue
- $23.0m
- Investments
- $14.5m
- Employees
- 0
- Location
- Laconia, NH
- Founding
- 08/1950
- Data as of
- 04/2023
- 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 04/2023, Taylor Home generated $23.0m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 9.4% each year. All expenses for the organization totaled $24.6m during the year ending 04/2023. While expenses have increased by 8.8% per year over the past 8 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATION AND MAINTENANCE OF 253 UNITS OF INDEPENDENT HOUSING AND 126 ASSISTED LIVING/NURSING UNITS TO PROVIDE HEALTH CARE MANAGEMENT AND LONG-TERM HEALTH CARE FOR ELDERLY PERSONS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Barbara Wood Trustee | 2 | $0 | |
Bradford Cook Trustee, Secretary | 2 | $0 | |
D Russell Cooper Jr Trustee | 2 | $0 | |
David Booth Trustee | 2 | $0 | |
David Pearlman Trustee, Chair | 2 | $0 | |
Edmund T Soucy Vp, Finance | 40 | $175,985 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Stewart Associates Architects Llc | 4/29/23 | $66,827 |
Vont Llc | 4/29/23 | $60,595 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $821,817 |
| Interest on Savings | $0 |
| Dividends & Interest | $254,859 |
| Net Rental Income | $193,617 |
| Net Gain on Sale of Assets | -$47,182 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $21,745,876 |
| Total Revenue | $22,968,987 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $481,511 |
| Other employee salaries and wages | $8,901,528 |
| Pension plans, employee benefits | $2,716,789 |
| Interest | $792,575 |
| Taxes | $632,850 |
| Depreciation | $2,965,531 |
| Occupancy | $888,775 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $245,995 |
| Other expenses | $6,748,313 |
| Total operating and administrative expenses | $24,554,710 |
| Contributions, gifts, grants paid | $18,669 |
| Total expenses and disbursements | $24,573,379 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $10,550 |
| Savings and temporary cash investments | $3,578,486 |
| Net Accounts receivable | $1,454,583 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $190,700 |
| Inventories for sale or use | $95,999 |
| Prepaid expenses and deferred charges | $123,433 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $117,430 |
| Investments—other | $6,875,326 |
| Net Land, buildings, and equipment | $71,733,503 |
| Other assets | $17,464,333 |
| Total assets | $109,197,933 |
| Accounts payable and accrued expenses | $3,868,733 |
| Grants payable | $0 |
| Deferred revenue | $51,767,460 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $37,146,195 |
| Other liabilities | $1,363,008 |
| Total liabilities | $94,145,396 |
Grants Awarded
Over the last fiscal year, Taylor Home has awarded $18,669 in support to 22 organizations.
| Grant Recipient | Amount |
|---|---|
TOWN OF WOLFEBORO PURPOSE: SUPPORT OF CHARITABLE ORGANIZATION | $500 |
THE WINNIPESAUKEE PLAYHOUSE PURPOSE: SUPPORT OF CHARITABLE ORGANIZATION | $950 |
THE VILLAGE PLAYERS PURPOSE: SUPPORT OF CHARITABLE ORGANIZATION | $500 |
ROTARY OF WOLFEBORO PURPOSE: SUPPORT OF CHARITABLE ORGANIZATION | $100 |
POWERHOUSE THEATRE PURPOSE: SUPPORT OF CHARITABLE ORGANIZATION | $2,750 |
NH LONG TERM CARE FOUNDATION PURPOSE: SUPPORT OF CHARITABLE ORGANIZATION | $3,000 |