John Bertram House Of Swampscott Inc
- Assets
- $5.6m
- Revenue
- $5.1m
- Investments
- $0.0
- Employees
- 90
- Location
- Swampscott, MA
- Founding
- 05/1996
- Data as of
- 12/2021
- EIN
- 04-3295922
Organization Overview
John Bertram House Of Swampscott Inc is located in Swampscott, MA. The organization was established in 1996. 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 12/2021, John Bertram House Of Swampscott Inc employed 90 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. John Bertram House Of Swampscott 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, John Bertram House Of Swampscott Inc generated $5.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.3% each year. All expenses for the organization totaled $4.2m during the year ending 12/2021. 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
OPERATION OF AN ASSISTED LIVING FACILITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATION OF A 59 UNIT ASSISTED LIVING FACILITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joshua Macquarrie Executive Director | Officer | 40 | $124,606 |
Kimberly Forman Dir. Of Finance & Admin (thru 6/2021) | Officer | 30 | $63,096 |
Erika Herrera Finance Director (as Of 4/2021) | Officer | 28 | $39,580 |
Emily Lopez Clerk/director | OfficerTrustee | 1 | $0 |
Robert Mazzarino Treasurer/director | OfficerTrustee | 1 | $0 |
Peter Sullivan Vice President/director | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $673,835 |
| All other contributions, gifts, grants, and similar amounts not included above | $19,597 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $693,432 |
| Total Program Service Revenue | $4,282,698 |
| Investment income | $44 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $128,049 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,104,223 |
| 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. | $233,160 |
| Compensation of current officers, directors, key employees. | $233,160 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,931,767 |
| Pension plan accruals and contributions | $22,545 |
| Other employee benefits | $307,577 |
| Payroll taxes | $198,754 |
| Fees for services: Management | $112,889 |
| Fees for services: Legal | $1,319 |
| Fees for services: Accounting | $32,133 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $20,572 |
| Advertising and promotion | $6,556 |
| Office expenses | $47,663 |
| Information technology | $27,105 |
| Royalties | $0 |
| Occupancy | $437,654 |
| Travel | $8,178 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $535 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $289,783 |
| Insurance | $35,141 |
| All other expenses | $26,142 |
| Total functional expenses | $4,219,404 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $259,926 |
| Savings and temporary cash investments | $690,931 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $97,358 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $13 |
| Prepaid expenses and deferred charges | $71,375 |
| Net Land, buildings, and equipment | $4,520,056 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $5,639,659 |
| Accounts payable and accrued expenses | $340,620 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $3,185,575 |
| 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 | $1,155,772 |
| Total liabilities | $4,681,967 |
| Net assets without donor restrictions | $957,692 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $5,639,659 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that John Bertram House Of Swampscott Inc has recieved totaling $91.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $91 |
Endowment Analysis
| Beg. Balance | $128,962 |
| Net Contributions | $270,000 |
| Other Expense | $241,729 |
| Ending Balance | $157,233 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Colgate Palmolive Post Retirement Veba Tr New York, NY | $1,964,886 | $6,599,849 |
Orchard Park Ccrc Inc Orchard Park, NY | $79,217,375 | $18,334,727 |
Christopher House Inc Worcester, MA | $11,659,464 | $17,133,392 |
Firemens Association Of The State Of New York Albany, NY | $46,544,668 | $18,019,275 |
Ascentria Care Alliance Inc West Brookfield, MA | $28,862,438 | $18,232,969 |
Good Shepherd Village At Endwellinc Endwell, NY | $76,298,914 | $15,180,205 |
Gurwin Jewish-Fay J Lindner Residences Inc Commack, NY | $18,352,784 | $14,495,214 |
Island Rehabilitation And Nursing Center Inc Holtsville, NY | $20,545,926 | $27,917,787 |
Overlook Communities Inc Charlton, MA | $31,731,503 | $14,000,337 |
Alliance Health Of Massachusetts Inc Southborough, MA | $12,196,543 | $13,916,904 |
Beverwyck Inc Slingerlands, NY | $81,150,953 | $18,557,714 |
Metro Health Foundation Of New Hampshire Inc Meredith, NH | $23,007,411 | $13,396,555 |