Alternative Home Inc
- Assets
- $415.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Framingham, MA
- Founding
- 10/1975
- Data as of
- 06/2022
- EIN
- 04-2572143
Organization Overview
Alternative Home Inc is located in Framingham, MA. The organization was established in 1975. According to its NTEE Classification (F33) the organization is classified as: Residential Mental Health Treatment, under the broad grouping of Mental Health & Crisis Intervention and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Alternative Home 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 06/2022, Alternative Home Inc generated $180.7k in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 0.7% each year. All expenses for the organization totaled $145.2k during the year ending 06/2022. While expenses have increased by 3.1% per year over the past 3 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
PROVIDED COMMUNITY RESIDENCES FOR EIGHT INDIVIDUALS WITH DISABILITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Daniel M Weir Vice Chair/trustee | 1 | $0 | |
Kay H Hodge ESQ Trustee | 1 | $0 | |
Michael Sheridan Treasurer/trustee | 1 | $0 | |
Timothy P Lee Clerk/trustee (until 8/21) | 1 | $0 | |
Charlene Jacobs Trustee | 1 | $0 | |
Richard Weisblatt PHD Trustee (until 12/21) | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $156,336 |
| Total Program Service Revenue | $24,262 |
| Membership dues | $0 |
| Investment income | $17 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $50 |
| Total Revenue | $180,665 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $37,035 |
| Professional fees and other payments to independent contractors | $14,976 |
| Occupancy, rent, utilities, and maintenance | $66,588 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $26,626 |
| Total expenses | $145,225 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $238,287 |
| Other assets | $0 |
| Total assets | $414,984 |
| Total liabilities | $184,499 |
| Net assets or fund balances | $230,485 |