Mt Vernon Housing Inc is located in Worcester, MA. The organization was established in 1998. According to its NTEE Classification (P80) the organization is classified as: Centers to Support the Independence of Specific Populations, 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. Mt Vernon Housing 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 09/2023, Mt Vernon Housing Inc generated $34.2k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 0.3% each year. All expenses for the organization totaled $92.0k during the year ending 09/2023. 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
2023
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION PROVIDES NON PROFIT HUMAN SERVICE PROVIDERS THAT SERVE THE MENTALLY ILL, DISABLED AND ELDERLY WITH THE RESOURCES THE PROVIDERS ARE UNABLE TO PURCHASE DIRECTLY THAT WILL IMPROVE THE DELIVERY OF HUMAN SERVICE. OPERATION AND MAINTENANCE OF 3 HOUSING UNITS FOR ELDERLY/ DISABLED PERSONS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Peter Caruso Board Member | 0.1 | $0 | |
Randy Jacques Board Member | 0.1 | $0 | |
William Kelly Board Member | 0.1 | $0 | |
John Lito CFO | 0.1 | $0 | |
Gordon Benson Interim CEO (as Of 5/2023) | 0.1 | $0 | |
Tamara Lundi CEO (until 5/2023) | 0.1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $24,180 |
Total Program Service Revenue | $9,612 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $362 |
Total Revenue | $34,154 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $23,399 |
Occupancy, rent, utilities, and maintenance | $46,953 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $21,642 |
Total expenses | $91,994 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $29,179 |
Other assets | $0 |
Total assets | $218,800 |
Total liabilities | $627,812 |
Net assets or fund balances | -$409,012 |