Rogerson House Inc
- Assets
- $9.6m
- Revenue
- $6.2m
- Investments
- $0.0
- Employees
- 0
- Location
- Boston, MA
- Founding
- 06/1996
- Data as of
- 12/2022
- EIN
- 04-3290572
Organization Overview
Rogerson House Inc is located in Boston, MA. The organization was established in 1996. According to its NTEE Classification (G83) the organization is classified as: Alzheimers Disease, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rogerson House 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, Rogerson House Inc generated $6.2m in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.0%) each year. All expenses for the organization totaled $6.6m during the year ending 12/2022. 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
ACQUIRING, REHABILITATING AND OPERATING AN ASSISTED LIVING RESIDENCE FOR PERSONS WITH ALZHEIMER'S DISEASE AND/OR RELATED MEMORY DISORDERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ROGERSON HOUSE, INC. (THE ORGANIZATION") WAS ORGANIZED AS A MASSACHUSETTS NONPROFIT ORGANIZATION IN NOVEMBER 1995 FOR THE PURPOSE OF ACQUIRING, REHABILITATING AND OPERATING AN ASSISTED LIVING RESIDENCE FOR PERSONS WITH ALZHEIMER'S DISEASE AND/OR RELATED MEMORY DISORDERS. THE FACILITY CONSISTS OF 66 UNITS LOCATED IN JAMAICA PLAIN, MASSACHUSETTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carolyn Corcoran Clerk | OfficerTrustee | 5 | $0 |
John E Cupples Chair Person | OfficerTrustee | 5 | $0 |
Patricia Hillman Treasurer | OfficerTrustee | 5 | $0 |
Theresa Fitzgerald Board Member | Trustee | 5 | $0 |
Sarah Acer Allen Board Member | Trustee | 5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Rogerson Communities Inc Payroll | 12/30/22 | $3,848,838 |
Walker & Dunlop Real Estaste Financing Services | 12/30/22 | $320,594 |
4m Building Solutions Inc Specialized Cleaning Service | 12/30/22 | $272,079 |
Financial Statements
| 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 | $96,747 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $96,747 |
| Total Program Service Revenue | $6,047,534 |
| Investment income | $9,060 |
| 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 | $6,159,010 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $4,068,388 |
| Fees for services: Legal | $3,586 |
| Fees for services: Accounting | $17,205 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $9,406 |
| Advertising and promotion | $57,607 |
| Office expenses | $68,394 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $735,511 |
| Travel | $316 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,769 |
| Interest | $656,957 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $340,394 |
| Insurance | $203,945 |
| All other expenses | $7,462 |
| Total functional expenses | $6,641,142 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,415,672 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,752,148 |
| 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 | $133,493 |
| Net Land, buildings, and equipment | $4,868,039 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,468,457 |
| Total assets | $9,637,809 |
| Accounts payable and accrued expenses | $93,908 |
| Grants payable | $0 |
| Deferred revenue | $176,397 |
| 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 | $7,915,973 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,655,361 |
| Total liabilities | $9,841,639 |
| Net assets without donor restrictions | -$1,809,630 |
| Net assets with donor restrictions | $1,605,800 |
| 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 | $9,637,809 |