Loomis House Inc is located in South Hadley, MA. The organization was established in 1993. 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. Loomis House Inc 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, Loomis House Inc generated $99.0k 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 (47.9%) each year. All expenses for the organization totaled $3.8k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (67.1%) per year over the past 7 years. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION IS TO OPEN DOORS TO POSITIVE AGING BY ENRICHING THE LIVES OF OLDER ADULTS
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED LONG TERM CARE IN A SKILLED NURSING CENTER TO THE ELDERLY AND DISABLED. THIS FACILITY WAS SOLD ON 11/1/2017. WE ANTICIPATE CONTINUING TO SERVE ELDERLY ADULTS UNDER THIS EIN NUMBER IN THE FUTURE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Kathleen Bowler Director, Chairperson | OfficerTrustee | 2 | $0 |
Paul Lambert Director, Vice Chairperson | OfficerTrustee | 1 | $0 |
Carly Cavanaugh Cfo/ Treasurer /assistant Clerk | Officer | 30 | $0 |
Margaret R Mantoni Ceo/president | Officer | 30 | $0 |
Peter Conor Clerk | Officer | 1 | $0 |
Steve Corrigan Director | Trustee | 1 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Sodexo Inc Food Service | 12/30/17 | $437,686 |
Select Rehabilitation Inc Rehab Services | 12/30/17 | $331,729 |
Preferred Pharmacy Solutions Pharmacy Services | 12/30/17 | $109,882 |
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 | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Investment income | $13,669 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $85,377 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $99,046 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $1,245 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $1,566 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $25 |
Information technology | $872 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $0 |
All other expenses | $70 |
Total functional expenses | $3,778 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $136,785 |
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 | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $1,066,211 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $2,677,279 |
Total assets | $3,880,275 |
Accounts payable and accrued expenses | $556 |
Grants payable | $0 |
Deferred revenue | $134,820 |
Tax-exempt bond liabilities | $0 |
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 | $0 |
Total liabilities | $135,376 |
Net assets without donor restrictions | $3,723,065 |
Net assets with donor restrictions | $21,834 |
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 | $3,880,275 |
Beg. Balance | $170,150 |
Earnings | $99,046 |
Ending Balance | $269,196 |
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---|---|---|
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Muhlenberg Community Housing Development Fund Corporation New York, NY | $13,246,264 | $3,873,664 |
Vera House Inc Syracuse, NY | $4,000,028 | $5,311,307 |
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