St Paul Housing Corp is located in Warwick, RI. The organization was established in 2005. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. St Paul Housing Corp 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, St Paul Housing Corp generated $179.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (3.1%) each year. All expenses for the organization totaled $187.8k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2022, St Paul Housing Corp has awarded 19 individual grants totaling $182,600. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE LOW-INCOME HOUSING FOR THE ELDERLY
Describe the Organization's Program Activity:
Part 3 - Line 4a
THROUGH K-1 OF MATTHEW XXV - PROVIDES LOW-INCOME HOUSING FOR ELIGIBLE ELDERLY PERSONS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Robert Jacob President / Director | 3 | $0 | |
William Mceleney Vice President / Director | 3 | $0 | |
Linda Nelson Secretary / Director | 3 | $0 | |
Ronald Strunz Treasurer / Director | 3 | $0 | |
Stephen Whitney Asst. Treasurer / Director | 3 | $0 | |
Richard Pezza Member | 3 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $25,296 |
Dividends & Interest | $32,680 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $50,728 |
Capital Gain Net Income | $50,728 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $71,077 |
Total Revenue | $179,781 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $0 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $592 |
Total operating and administrative expenses | $5,242 |
Contributions, gifts, grants paid | $182,600 |
Total expenses and disbursements | $187,842 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $1,277,608 |
Net Accounts receivable | $0 |
Net Pledges Receivable | $0 |
Grants receivable | $0 |
Receivables from Officers, Directors, or Controlling Persons | $0 |
Net other notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Investments - land, buildings, equipment | $0 |
Investments—mortgage loans | $0 |
Investments—other | $0 |
Net Land, buildings, and equipment | $0 |
Other assets | $1,699,504 |
Total assets | $2,977,112 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Mortgages and other notes payable | $0 |
Other liabilities | $939,429 |
Total liabilities | $939,429 |
Over the last fiscal year, St Paul Housing Corp has awarded $182,600 in support to 19 organizations.
Grant Recipient | Amount |
---|---|
TIN MOUNTAIN CONSERVATION CENTER PURPOSE: CHARITABLE | $1,500 |
ST PAUL EVANGELICAL LUTHERAN CHURCH PURPOSE: CHARITABLE | $149,000 |
HOPE HEALTH & HOSPICE PURPOSE: CHARITABLE | $2,000 |
WOUNDED WARRIOR PROJECT PURPOSE: CHARITABLE | $100 |
A WISH COME TRUE INC PURPOSE: CHARITABLE | $2,000 |
CALUMET LUTHERAN MINISTRIES PURPOSE: CHARITABLE | $2,000 |