Milford Home For Aged Women
- Assets
- $1.9m
- Revenue
- $568.5k
- Investments
- $1.5m
- Employees
- 0
- Location
- Milford, NH
- Founding
- 03/1976
- Data as of
- 03/2022
- EIN
- 02-0223604
Organization Overview
Milford Home For Aged Women is located in Milford, NH. The organization was established in 1976. According to its NTEE Classification (P75) the organization is classified as: Supportive Housing for Older Adults, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Milford Home For Aged Women 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 03/2022, Milford Home For Aged Women generated $568.5k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 5.9% each year. All expenses for the organization totaled $574.3k during the year ending 03/2022. While expenses have increased by 4.1% per year over the past 6 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
ENTITY PROVIDES CARE FOR THE ELDERLY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cecilia Steele Asst Treasurer | 2 | $6,500 | |
Linda Blanchette Treasurer | 2 | $5,200 | |
Brian Sanborn Vice President | 2 | $0 | |
Ed Medlyn President | 2 | $0 | |
Sue Trombly Secretary | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $32,839 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $21,985 |
| Capital Gain Net Income | $21,985 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $513,682 |
| Total Revenue | $568,506 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $11,700 |
| Other employee salaries and wages | $315,546 |
| Pension plans, employee benefits | $7,176 |
| Interest | $185 |
| Taxes | $21,866 |
| Depreciation | $18,255 |
| Occupancy | $63,499 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $4,774 |
| Other expenses | $70,219 |
| Total operating and administrative expenses | $574,266 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $574,266 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $72,267 |
| Savings and temporary cash investments | $122,988 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $250,275 |
| Other assets | $0 |
| Total assets | $1,899,194 |
| Accounts payable and accrued expenses | $7,995 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $52,573 |
| Total liabilities | $60,568 |
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