Womans Friend Society
- Assets
- $1.4m
- Revenue
- $139.8k
- Investments
- $0.0
- Employees
- 2
- Location
- Salem, MA
- Founding
- 05/1945
- Data as of
- 12/2021
- EIN
- 04-2121657
Organization Overview
Womans Friend Society is located in Salem, MA. The organization was established in 1945. 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. As of 12/2021, Womans Friend Society employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Womans Friend Society 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, Womans Friend Society generated $139.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.7% each year. All expenses for the organization totaled $146.8k during the year ending 12/2021. While expenses have increased by 0.6% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
LOW COST HOUSING FACILITYIES FOR WOMAN
Describe the Organization's Program Activity:
Part 3 - Line 4a
LOW COST HOUSING FACILITIES FOR WOMAN
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 |
|---|---|---|---|
Linda Finn President | Officer | 1 | $0 |
Melissa Stockbridge Vice President | Officer | 3 | $0 |
Paige Tobie Treasurer | Officer | 4 | $0 |
Jean Karam Corresponding Secretary | Officer | 1 | $0 |
Melanie Carver Residence Committee Chair | Trustee | 1 | $0 |
Linda Vaughn Outreach Committee Chair | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $3,664 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $3,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $15,658 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $22,322 |
| Total Program Service Revenue | $1,019 |
| Investment income | $22,879 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $93,054 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $550 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $139,824 |
| 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 | $32,408 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $3,839 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,055 |
| Fees for services: Accounting | $1,200 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $9,237 |
| Fees for services: Other | $0 |
| Advertising and promotion | $56 |
| Office expenses | $0 |
| Information technology | $1,277 |
| 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 | $57 |
| Insurance | $0 |
| All other expenses | $14,109 |
| Total functional expenses | $146,796 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $27,947 |
| Savings and temporary cash investments | $13,962 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $37,329 |
| Investments—publicly traded securities | $1,317,464 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,396,702 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $25,800 |
| Total liabilities | $25,800 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| 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 | $1,370,902 |
| Total liabilities and net assets/fund balances | $1,396,702 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Womans Friend Society has recieved totaling $14,439.
| Awarding Organization | Amount |
|---|---|
Charles E Harwood Tr Udt 082391 Bluffton, SC PURPOSE: CHARITALBE GENERAL FUND | $11,250 |
Doris Benz Tr Otisfield, ME PURPOSE: CHARITABLE DISTRIBUTION | $3,125 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $64 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Rcap Solutions Inc Worcester, MA | $9,084,523 | $86,440,230 |
Homes For Our Troops Inc Taunton, MA | $32,216,870 | $35,704,270 |
Community Housing Innovations Inc White Plains, NY | $68,684,135 | $30,486,174 |
Educational Housing Services Inc New York, NY | $147,607,496 | $20,918,839 |
Vanderheyden Hall Inc Wynantskill, NY | $10,154,920 | $26,980,074 |
Taylor Home Laconia, NH | $85,135,801 | $21,418,139 |
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 |