Gilbert Home For Aged & Indigent Persons Inc
- Assets
- $313.3k
- Revenue
- $32.3k
- Investments
- $304.7k
- Employees
- 0
- Location
- Gloucester, MA
- Founding
- 11/1941
- Data as of
- 12/2021
- EIN
- 04-2277209
Organization Overview
Gilbert Home For Aged & Indigent Persons Inc is located in Gloucester, MA. The organization was established in 1941. According to its NTEE Classification (P75) the organization is classified as: Supportive Housing for Older Adults, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Gilbert Home For Aged & Indigent Persons 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, Gilbert Home For Aged & Indigent Persons Inc generated $32.3k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 7.8% each year. All expenses for the organization totaled $21.1k during the year ending 12/2021. While expenses have increased by 1.4% per year over the past 6 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cassandra Smith Treasurer | 1 | $0 | |
Benjamin A Smith IV President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $6,548 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $25,746 |
| Capital Gain Net Income | $25,746 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $32,294 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $520 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $50 |
| Total operating and administrative expenses | $3,087 |
| Contributions, gifts, grants paid | $18,000 |
| Total expenses and disbursements | $21,087 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $53 |
| Savings and temporary cash investments | $8,493 |
| 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 | $304,745 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $313,291 |
| 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 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Home For Aged Women Inc Brookline, MA | $69,014,213 | $13,592,277 |
Complete Senior Care Inc Niagara Falls, NY | $5,431,648 | $11,923,845 |
St Anns Senior Housing Inc Rochester, NY | $34,990,884 | $11,488,120 |
Alice Peck Day Lifecare Center Inc Lebanon, NH | $30,340,457 | $9,958,367 |
Vista On 5th Corp New York, NY | $11,821,624 | $8,647,077 |
The Bradley Home Meriden, CT | $29,520,019 | $7,057,563 |
New Hampshire Odd Fellows Home Concord, NH | $10,208,376 | $10,203,382 |
Chestnut Hill Benevolent Assoc Chestnut Hill, MA | $47,006,612 | $9,612,021 |
Senior Living Of Bedford Bedford, NH | $40,223,791 | $3,821,536 |
Menorah Campus Independent Senior Apartments Inc Getzville, NY | $230,603 | $5,718,292 |
Ithacare Center Service Co Inc Ithaca, NY | $28,833,397 | $7,510,183 |
Glen Eddy Inc Niskayuna, NY | $19,303,888 | $7,432,124 |