Huntington At Nashua
- Assets
- $71.3m
- Revenue
- $12.8m
- Investments
- $0.0
- Employees
- 206
- Location
- Nashua, NH
- Founding
- 01/2001
- Data as of
- 04/2023
- EIN
- 02-0518481
Organization Overview
Huntington At Nashua is located in Nashua, NH. The organization was established in 2001. According to its NTEE Classification (L22) the organization is classified as: Senior Citizens Housing & Retirement Communities, under the broad grouping of Housing & Shelter and related organizations. As of 04/2023, Huntington At Nashua employed 206 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Huntington At Nashua 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, Huntington At Nashua generated $12.8m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.7% each year. All expenses for the organization totaled $13.5m during the year ending 04/2023. While expenses have increased by 3.6% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
CONTINUING CARE RETIREMENT COMMUNITY-PROVIDE HOUSING, LONG TERM CARE AND OTHER SERVICES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDING HOUSING, LONG TERM CARE, MEALS AND OTHER RELATED SERVICES TO SENIORS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James Tollner Chairperson | OfficerTrustee | 2 | $0 |
Donna Robinson Vice Chair | OfficerTrustee | 2 | $0 |
Joel Ackerman Trustee | Trustee | 2 | $0 |
Sal Magnano Trustee | Trustee | 2 | $0 |
Nick Frasca Trustee | Trustee | 2 | $0 |
Jesse Putney Trustee | Trustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Cedar Ridge Custom Woodworking & Remodel Contractor | 4/29/23 | $358,031 |
Simplicity Home Care Agency Nurses | 4/29/23 | $117,488 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $136,917 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $136,917 |
| Total Program Service Revenue | $12,253,822 |
| Investment income | $702,135 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$246,757 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $12,846,117 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $76,367 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $197,835 |
| Compensation of current officers, directors, key employees. | $31,654 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $4,624,091 |
| Pension plan accruals and contributions | $12,081 |
| Other employee benefits | $982,654 |
| Payroll taxes | $329,137 |
| Fees for services: Management | $274,058 |
| Fees for services: Legal | $300 |
| Fees for services: Accounting | $46,332 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $111,693 |
| Fees for services: Other | $0 |
| Advertising and promotion | $91,234 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $690,420 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $675,417 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,322,783 |
| Insurance | $166,784 |
| All other expenses | $759,705 |
| Total functional expenses | $13,529,302 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,099,854 |
| Savings and temporary cash investments | $212,293 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $60,769 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $1,042,072 |
| Net Land, buildings, and equipment | $41,157,507 |
| Investments—publicly traded securities | $26,321,073 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $388,965 |
| Total assets | $71,282,533 |
| Accounts payable and accrued expenses | $1,380,770 |
| Grants payable | $0 |
| Deferred revenue | $54,545,755 |
| Tax-exempt bond liabilities | $18,559,835 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $410,370 |
| Total liabilities | $74,896,730 |
| Net assets without donor restrictions | -$3,952,751 |
| Net assets with donor restrictions | $338,554 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $71,282,533 |