Senior Citizens Housing Development Corporation Of Boston Inc, operating under the name Robert A Georgine Tower, is located in Plantation, FL. The organization was established in 2002. According to its NTEE Classification (L22) the organization is classified as: Senior Citizens Housing & Retirement Communities, under the broad grouping of Housing & Shelter and related organizations. As of 12/2022, Robert A Georgine Tower employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Robert A Georgine Tower 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, Robert A Georgine Tower generated $691.1k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.1% each year. All expenses for the organization totaled $772.1k during the year ending 12/2022. While expenses have increased by 1.3% per year over the past 8 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
OPERATION OF LOW INCOME HOUSING FOR THE ELDERLY AND HANDICAPPED, REGULATED AND ASSISTED BY THE DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT (HUD).
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATION OF LOW INCOME HOUSING FOR THE ELDERLY AND HANDICAPPED, REGULATED AND ASSISTED BY THE DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT (HUD).
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Melanie Ribeiro Director | Officer | 0.7 | $0 |
John Olsen Treasurer | OfficerTrustee | 0.5 | $0 |
Maria Cordone Secretary | OfficerTrustee | 0.3 | $0 |
Ellen Feingold Director | Trustee | 0.1 | $0 |
Tony Fransetta Director | Trustee | 0.1 | $0 |
William Holayter Vice Preside | OfficerTrustee | 0.1 | $0 |
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 | $688,293 |
Investment income | $2,313 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $691,083 |
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 | $130,460 |
Pension plan accruals and contributions | $32,539 |
Other employee benefits | $45,354 |
Payroll taxes | $10,050 |
Fees for services: Management | $44,622 |
Fees for services: Legal | $429 |
Fees for services: Accounting | $16,195 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $120,676 |
Advertising and promotion | $1,901 |
Office expenses | $30,323 |
Information technology | $6,379 |
Royalties | $0 |
Occupancy | $182,265 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $69 |
Interest | $7,673 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $131,738 |
Insurance | $1,236 |
All other expenses | $0 |
Total functional expenses | $772,098 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $9,963 |
Savings and temporary cash investments | $585,213 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $37,719 |
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 | $7,153 |
Net Land, buildings, and equipment | $1,304,964 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $6,890 |
Total assets | $1,951,902 |
Accounts payable and accrued expenses | $113,425 |
Grants payable | $0 |
Deferred revenue | $6,912 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $13,138 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $130,986 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $49,254 |
Total liabilities | $313,715 |
Net assets without donor restrictions | -$2,290,945 |
Net assets with donor restrictions | $3,929,132 |
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 | $0 |
Total liabilities and net assets/fund balances | $1,951,902 |