New Samaritan Corporation Inc is located in Storrs, CT. The organization was established in 1971. According to its NTEE Classification (L21) the organization is classified as: Low-Income & Subsidized Rental Housing, under the broad grouping of Housing & Shelter and related organizations. As of 09/2021, New Samaritan Corporation Inc employed 244 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New Samaritan Corporation 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 09/2021, New Samaritan Corporation Inc generated $7.6m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (6.8%) each year. All expenses for the organization totaled $9.7m during the year ending 09/2021. As we would expect to see with falling revenues, expenses have declined by (2.0%) per year over the past 6 years. 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
TO PROVIDE QUALITY HOUSING AND HEALTH CARE FACILITIES FOR ALL PERSONS
Describe the Organization's Program Activity:
Part 3 - Line 4a
NEW SAMARITAN CORPORATION (NSC) ADVOCATES FOR HUMAN DIGNITY PRIMARILY BY ENCOURAGING, PROVIDING AND DEVELOPING AFFORDABLE, ACCESSIBLE, HIGH-QUALITY HOUSING AND HEALTHCARE FACILITIES. NSC'S VALUES INCLUDE (1) EMPOWERMENT OF INDIVIDUALS AND COMMUNITIES, (2) SHARED AND TRANSPARENT DECISION MAKING, (3) IMAGINATIVE LEADERSHIP AND ORGANIZATIONAL DEVELOPMENT, AND (4) EHITICAL BUSINESS PRACTICES. SINCE ITS FOUNDING IN 1970, NSC HAS PRIMARILY DEVELOPED CONNECTICUT HOUSING COMMUNITIES FOR ELDERLY AND DISABLED INDIVIDUALS, AS WELL AS LOW AND MODERATE INCOME FAMILIES. NSC HAS ALSO DEVELOPED HOUSING IN RHODE ISLAND AND MASSACHUSETTS. AS THE LARGEST NON-PROFIT PROVIDER OF ELDERLY HOUSING IN CT, NSC PROVIDES THOUSANDS OF HOUSING UNITS. NSC'S MOST RECENTLY DEVELOPED COMMUNITY IS LOCATED IN OLD SAYBROOK, CT AND PROVIDES 15 UNITS OF AFFORDABLE ELDERLY HOUSING TO THE COMMUNITY. FUTURE DEVELOPMENT PROJECTS ARE CONSIDERED BASED ON A VARIETY OF FACTORS, INCLUDING BUILDING COMMUNITIES "WHERE DIGNITY AND COMPASSION COME HOME." NSC RECENTLY BROKE GROUND ON A 22-UNIT ELDERLY HOUSING COMMUNITY IN HARTFORD, CT FINANCED BY HUD, STATE OF CONNECTICUT AND CITY OF HARTFORD. NSC ALSO OWNS AND OPERATES A 98-BED SKILLED NURSING FACILITY, MANSFIELD CENTER FOR NURSING AND REHABILITATION (MCNR) IN STORRS, CT. MCNR IS PART OF A LARGER CAMPUS OF SENIOR SERVICES THAT ARE SPONSORED BY NEW SAMARITAN OR OWNED AND MANAGED BY THE TOWN OF MANSFIELD. CONSEQUENTLY MANY OF MCNR'S RESIDENTS, PATIENTS AND VISITORS ARE NEIGHBORS. IN ORDER TO PROMOTE GOODWILL TOWARDS ITS NEIGHBORS, MCNR WORKS TO CREATE A MILIEU THAT NOT ONLY SUPPORTS THE RESIDENT BUT ALSO SUPPORTS THEIR FAMILY IN THE COMMUNITY. MCNR SEEKS TO PARTICIPATE IN PROGRAMS THAT FACILITATE HEALTH AND WELL BEING, IMPROVE INDEPENDENCE AND BUILD SOCIAL ACCOUNTABILITY. FOLLOWING ARE MCNR'S KEY PROGRAM ACCOMPLISHMENTS FOR THE 2020 FISCAL YEAR. I. RESIDENT SUPPORT AND NUTRITION: RESIDENT NUTRITION IS ENHANCED BY PARTICIPATION IN THIS PROGRAM, AND IT ALSO PROVIDES A COMFORTABLE SETTING FOR VISITING WITH FAMILY. THE MCNR COMMUNITY SUPPORT AND OUTREACH:(1) MCNR EMPLOYEES, VISITORS AND RESIDENTS HAVE SUPPORTED NUMEROUS COMMUNITY SERVICES AND EVENTS, INCLUDING MANY LISTED BELOW. SUPPORT INCLUDES ONGOING DONATION OF GOODS AND SERVICE TIME TO MULTIPLE ORGANIZATIONS LISTED BELOW.- ACCESS AGENCY EMERGENCY SHELTER OF WILLIMANTIC AND DANIELSON- STATE OF CT SOCIAL SERVICES EMERGENCY SERVICES- THE HOLY FAMILY SHELTER- NO FREEZE WILLIMANTIC- TEEG SENIOR OUTREACH- TRI TOWN SHELTER OF VERNON- CITY OF NORWICH NO FREEZE SHELTER- HAWKINS HOUSE- BATTERED WOMEN SAFE HOUSES OF NORTHEASTERN CT- HOME BOUND VETERANS- WILLIMANTIC SOUP KITCHEN- TOWN OF ASHFORD FOOD PROGRAM- DEPARTMENT OF FAMILY AND CHILDREN RESOURCES (2) MCNR PARTICIPATED IN SEVERAL COMMUNITY OUTREACH PROGRAMS DURINGTHE YEAR, INCLUDING THE FOLLOWING:C63- WINDING RIVER SENIOR HOUSING - PROVIDED PROGRAM INFORMATION- COVENTRY SENIOR CENTER - PROVIDED PROGRAM INFORMATION- TOLLAND SENIOR CENTER - PROVIDED PROGRAM INFORMATION- ASHFORD SENIOR CENTER - PROVIDED PROGRAM INFORMATION- MANSFIELD SENIOR CENTER - PROVIDED PROGRAM INFORMATION- MCNR FAMILY COUNCIL/COMMUNITY OUTREACH- PROVIDING MEDICARE PART D NAVIGATOR DIRECTION, ASSISTANCE(3) MCNR SUPPORTS STUDENTS IN THEIR HEALTHCARE EDUCATION AND CLINICAL ROTATIONS.AS A HEALTHCARE PROVIDER, MCNR SUPPORTS LOCAL SCHOOLS AND UNIVERSITIES TO HELP DEVELOP, SUPPORT, AND EDUCATE HEALTHCARE STUDENTS FROM MANY DISCIPLINES BY PROVIDING A FACILITY ORIENTATION AND CLINICAL ACCESS IN ORDER TO PROVIDE A COMPREHENSIVE CLINICAL EXPERIENCE. MCNR PROVIDES CONFERENCE ROOMS, EDUCATIONAL MATERIALS, EQUIPMENT, AND EXPERTISE OF OUR OWN STAFF TO ENHANCE THE STUDENT'S EXPERIENCE. IN ADDITION, MCNR PROVIDES "NURSE SHADOWING" OPPORTUNITIES FOR LOCAL HIGH SCHOOLS FOR STUDENTS WHO ARE CONSIDERING A CAREER PATH IN NURSING. MCNR AFFILIATED SCHOOLS INCLUDE: UNIVERSITY OF CONNECTICUT, NORWICH TECH, YALE SCHOOL OF NURSING, AND SETON HALL. STUDENTS IN NURSING, PHYSICAL THERAPY, OCCUPATIONAL THERAPY, GERONTOLOGY, FAMILY STUDIES AND THERAPEUTIC RECREATION, SPEECH THERAPY AND AUDIOLOGY PROGRAMS PARTICIPATE IN VARIOUS SUPPORTIVE ACTIVITIES.(4) MCNR ALSO PARTICIPATED IN ADDITIONAL COMMUNITY OUTREACHACTIVITIES, INCLUDING:- MANSFIELD MOBILE LIBRARY - BOOKS FOR RESIDENTS AND MONTHLY PRESENTATIONS- UCONN HONOR SOCIETY - A PARTNERSHIP TO PROVIDE OPPORTUNITIES FOR COMMUNITY VOLUNTEERISM- UCONN GENERATIONS CONNECT - STUDENT AND RESIDENT PROGRAMMING- UCONN FRATERNITIES AND SORORITIES - WORK WITH THERAPEUTIC RECREATION STAFF- UCONN CENTER FOR COMMUNITY OUTREACH - THERAPEUTIC INTER-GENERATIONAL PROGRAMMING FOR RESIDENTS- FIELDWORK SITE FOR UCONN HUMAN DEVELOPMENT AND FAMILY STUDIES STUDENTS- EO SMITH HIGH SCHOOL - STUDENT JOB SHADOWING IN HEALTH CARE- OCCUPATIONS AND COMPLETION OF SENIOR PROJECTS AT MCNR- UCONN NURSING ASSOCIATION- ANNE E. VINTON PRE-KINDERGARTEN CLASS VISITS MCNR- UCONN COMMUNITY OUTREACH DAYS- MLK DAY OF SERVICE- UCONN ALZHEIMER'S' ASSOCIATION- COLLECTIVE GOODS AND OPPORTUNITY WORKS- OPEN GYM TO LONG-TERM CARE RESIDENTS- MCNR REHAB DEPT. OFFERS OPPORTUNITIES TO COLLEGE STUDENTS TO OBSERVE PHYSICAL THERAPY AND OCCUPATIONAL THERAPY(5) NON-PROFIT COMMUNITY CERTAIN MCNR STAFF PARTICIPATED IN THE FOLLOWING NON-PROFIT BOARDS- MCNR COMMUNITY ADVISORY- MANSFIELD COMMISSION ON AGING- FELICIAN SISTERS ADULT DAY CENTER- CT ASSOCIATION OF THERAPEUTIC RECREATION DIRECTORS- MANCHESTER COMMUNITY COLLEGE ADVISORY BOARDNEW SAMARITAN CORPORATION GRATEFULLY ACKNOWLEDGES THE LEADERSHIP,TALENT AND DEDICATION OF THE STAFF OF MCNR. THE MCNR STAFF FOCUS IS THEPROVISION OF A COMFORTABLE, SECURE ENVIRONMENT THAT IS CONDUCIVE TOQUALITY CARE AND SERVICE TO MCNR RESIDENTS AND THE COMMUNITY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
James Fidanza Administrator | 40 | $136,331 | |
Wendy Coleman Director Of Therapy | 40 | $101,675 | |
Kamla Hosein Registered Nurse | 40 | $100,575 | |
Brenda Hovanec Registered Nurse | 40 | $100,422 | |
Elaine Smith Registered Nurse | 40 | $100,014 | |
Jennifer Young Gaudet President | OfficerTrustee | 0.5 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $110,685 |
All other contributions, gifts, grants, and similar amounts not included above | $13,146 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $123,831 |
Total Program Service Revenue | $7,265,876 |
Investment income | $257,705 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | -$35,914 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $7,624,848 |
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 | $6,198,104 |
Pension plan accruals and contributions | $135,134 |
Other employee benefits | $423,740 |
Payroll taxes | $692,817 |
Fees for services: Management | $0 |
Fees for services: Legal | $8,137 |
Fees for services: Accounting | $40,778 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $245 |
Fees for services: Other | $95,958 |
Advertising and promotion | $13,244 |
Office expenses | $55,699 |
Information technology | $123,254 |
Royalties | $0 |
Occupancy | $442,790 |
Travel | $2,114 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $461 |
Interest | $1,074 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $226,353 |
Insurance | $128,269 |
All other expenses | $246,869 |
Total functional expenses | $9,700,810 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $1,061,254 |
Savings and temporary cash investments | $27,487 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $478,782 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $79,075 |
Prepaid expenses and deferred charges | $210,671 |
Net Land, buildings, and equipment | $3,174,509 |
Investments—publicly traded securities | $7,036,738 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $202,208 |
Total assets | $12,270,724 |
Accounts payable and accrued expenses | $1,070,646 |
Grants payable | $0 |
Deferred revenue | $199,582 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $138,516 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $1,610,511 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $81,106 |
Total liabilities | $3,100,361 |
Net assets without donor restrictions | $8,871,566 |
Net assets with donor restrictions | $298,797 |
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 | $12,270,724 |
Beg. Balance | $170,077 |
Earnings | $38,105 |
Ending Balance | $208,182 |
Organization Name | Assets | Revenue |
---|---|---|
Services For The Underserved Inc New York, NY | $8,662,192 | $15,624,121 |
Hudson River Housing Poughkeepsie, NY | $27,296,400 | $16,670,773 |
Division Housing Corporation Brooklyn, NY | $37,066,960 | $16,618,579 |
Cambridge Affordable Housing Corporation Cambridge, MA | $128,682,054 | $13,147,216 |
Boston Tremont Housing Development Fund Corporation New York, NY | $28,761,784 | $24,917,100 |
Highbridge Community Housing Development Fund Corporation Bronx, NY | $37,198,979 | $10,077,862 |
Harlem West Ii Housing Dev Fund Co Inc New York, NY | $7,149,098 | $1,214,746 |
Augustus & James Corporation New York, NY | $14,865,131 | $12,141,215 |
Rupco Inc Kingston, NY | $24,947,682 | $11,097,811 |
Cambridge Community Housing Development Inc Cambridge, MA | $56,982,552 | $7,704,327 |
New Samaritan Corporation Inc Storrs, CT | $12,270,724 | $7,624,848 |
Providence Housing Development Corporation Rochester, NY | $12,131,024 | $9,484,321 |