Dana Home Of Lexington Inc
- Assets
- $3.7m
- Revenue
- $208.5k
- Investments
- $3.7m
- Employees
- 0
- Location
- Lexington, MA
- Founding
- 08/1949
- Data as of
- 12/2022
- EIN
- 04-2111392
Organization Overview
Dana Home Of Lexington Inc is located in Lexington, MA. The organization was established in 1949. 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. Dana Home Of Lexington 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 12/2022, Dana Home Of Lexington Inc generated $208.5k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.4% each year . All expenses for the organization totaled $349.4k during the year ending 12/2022. While expenses have increased by 5.9% per year over the past 7 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.
Since 2016, Dana Home Of Lexington Inc has awarded 114 individual grants totaling $1,551,376. 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE DANA HOME FOUNDATION INC. IS A 501(C)(3) PRIVATE FOUNDATION THAT PROVIDES GRANTS TO CHARITABLE ORGANIZATIONS AND GOVERNMENTAL ENTITIES THAT PROVIDE SERVICES TO THE ELDERLY, WITH AN EMPHASIS ON PROGRAMS THAT SERVE SENIORS IN LEXINGTON, MASSACHUSETTS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Susan Mcclements Director | 5 | $0 | |
David Williams Director | 2 | $0 | |
Patricia Nelson Clerk | 5 | $0 | |
Valerie Larsin Director | 2 | $0 | |
Kim Zanin Director | 2 | $0 | |
Christine Mcewen President | 8 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $2,200 |
| Interest on Savings | $15 |
| Dividends & Interest | $97,656 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $108,621 |
| Capital Gain Net Income | $108,621 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $208,492 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $3,968 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $11,260 |
| Total operating and administrative expenses | $46,723 |
| Contributions, gifts, grants paid | $302,675 |
| Total expenses and disbursements | $349,398 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $17,760 |
| Savings and temporary cash investments | $0 |
| 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 | $3,686,056 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $3,703,816 |
| 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 | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Dana Home Of Lexington Inc has awarded $302,675 in support to 20 organizations.
| Grant Recipient | Amount |
|---|---|
CARY MEMORIAL LIBRARY PURPOSE: TO FUND ACQUISITION OF BOOKS AND OTHER MATERIALS IN MULTIPLE FORMATS (SUCH AS AUDIOBOOKS AND LARGE PRINT BOOKS) TO INCREASE ACCESSIBILITY FOR SENIORS. | $6,978 |
COOPERATIVE ELDER SERVICES INC PURPOSE: TO SUPPLEMENT THE COST OF NUTRITIOUS MEALS FOR LEXINGTON AREA OLDER ADULTS WITH DISABILITIES WHO PARTICIPATE IN CESI'S COMMUNITY-BASED ADULT DAY HEALTHPROGRAMS. | $15,000 |
LEXHAB PURPOSE: TO SUBSIDIZE THE COST OF RENOVATING BATHROOMS IN LEXHAB AFFORDABLE UNITS TO INCREASEACCESSIBILITY AND SAFETY. | $60,000 |
LEXINGTON RECREATION AND COMMUNITY PURPOSE: FOREVER FIT - TO FUND FOREVER FIT, A HEALTH AND WELLNESS PROGRAM OFFERED TO LEXINGTON RESIDENTS OVER THE AGE OF 60. | $19,800 |
LEXPRIDE PURPOSE: CELEBRATING LGBT+SENIORS - TO SUPPORT A VARIETY OF ENTERTAINING AND CREATIVE EXPRESSION ACTIVITIES GEARED TOWARD LGBTQ+ SENIORS AND DESIGNED TO HELP MENTAL AND PHYSICAL HEALTH. | $6,000 |
PERKINS SCHOOL FOR THE BLIND PURPOSE: PERKINS BRAILLE AND TALKING BOOK LIBRARY: THRIVING WITH VISION LOSS - TO SUPPORT PROGRAMS THAT ASSIST SENIORS WITH VISION LOSS WHO LIVE IN LEXINGTON. PROGRAMS INCLUDE A MONTHLY LEXINGTON BOOK GROUP, DAILY VIRTUAL ACTIVITIES, A MONTHLY SEMINAR SERIES AND ACCESS TO HUNDREDS OF NEWSPAPERS AND MAGAZINES THROUGH THE NEWSLINE SERVICE. | $5,000 |