Winchester Mount Vernon House
- Assets
- $41.9m
- Revenue
- $1.4m
- Investments
- $33.1m
- Employees
- 0
- Location
- Winchester, MA
- Founding
- 10/1950
- Data as of
- 12/2021
- EIN
- 04-2104317
Organization Overview
Winchester Mount Vernon House is located in Winchester, MA. 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. Winchester Mount Vernon House 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 12/2021, Winchester Mount Vernon House generated $1.4m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (3.4%) each year. All expenses for the organization totaled $1.6m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (0.9%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Winchester Mount Vernon House has awarded 43 individual grants totaling $1,022,879. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
WINCHESTER MOUNT VERNON HOUSE OPERATES A HOME FOR AND TO ASSIST THE AGED PEOPLE OF WINCHESTER, MASSACHUSETTS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jane E Ward Executive Director | 40 | $116,545 | |
Kathleen Jones Service Care Coordin | 35 | $65,366 | |
David N Dalton Jr Maintenance | 24 | $61,367 | |
Cislyn A Hibbert Cna/pcsp | 32 | $50,386 | |
Raymond Kenney Jr President | 4 | $0 | |
Michael Manzo Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $40 |
| Interest on Savings | $0 |
| Dividends & Interest | $632,917 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $345,037 |
| Capital Gain Net Income | $345,037 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $456,193 |
| Total Revenue | $1,434,187 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $132,567 |
| Other employee salaries and wages | $604,872 |
| Pension plans, employee benefits | $68,171 |
| Interest | $0 |
| Taxes | $58,221 |
| Depreciation | $309,718 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $301,529 |
| Total operating and administrative expenses | $1,528,302 |
| Contributions, gifts, grants paid | $65,630 |
| Total expenses and disbursements | $1,593,932 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $62,143 |
| Savings and temporary cash investments | $1,211,345 |
| 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 | $7,524,353 |
| Other assets | $8,600 |
| Total assets | $41,916,572 |
| Accounts payable and accrued expenses | $0 |
| 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 | $125,931 |
| Total liabilities | $125,931 |
Grants Awarded
Over the last fiscal year, Winchester Mount Vernon House has awarded $65,630 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
WINCHESTER HOUSING AUTHORITY PURPOSE: HELPING SENIOR CITIZENS | $10,000 |
Winchester, MA PURPOSE: HELPING SENIOR CITIZENS | $10,000 |
WINCHESTER ELDERLY AND DISABLED TAX FUND PURPOSE: HELPING SENIOR CITIZENS | $10,000 |
Winchester, MA PURPOSE: HELPING SENIOR CITIZENS | $10,000 |
WINCAM PURPOSE: HELPING SENIOR CITIZENS | $7,630 |
EN KA EXCHANGE RESALE SHOP PURPOSE: HELPING SENIOR CITIZENS | $6,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Center For New York City New York, NY | $125,177,702 | $23,546,233 |
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 |
Building Homes For Heroes Inc Island Park, NY | $15,491,113 | $13,729,241 |
Taconic Innovations Inc Wappingers Falls, NY | $14,026,966 | $12,196,980 |
The Crenulated Company Ltd New York, NY | $9,182,171 | $10,442,755 |
Living Independently Forever Inc Hyannis, MA | $12,273,693 | $10,857,981 |
Civic Builders Inc New York, NY | $87,716,137 | $21,789,241 |
Buffalo Federation Of Neighborhood Centers Inc Buffalo, NY | $8,954,316 | $11,146,328 |
Grand Street Guild East Housing Development Fund Company Inc Garden City, NY | $32,476,672 | $9,886,793 |
Grand Street Guild Hdfc Inc Garden City, NY | $33,829,247 | $10,532,897 |
Aishes Chayil Dkiryas Joel Mothers Relief Center Inc Monroe, NY | $15,335,659 | $8,593,002 |