Loomis House Inc

Organization Overview

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.

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.


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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$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

Endowment Analysis

Beg. Balance$170,150
Earnings$99,046
Ending Balance$269,196

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