Roncalli Institute Inc
- Assets
- $4.5m
- Revenue
- $226.6k
- Investments
- $0.0
- Employees
- 6
- Location
- Portland, CT
- Founding
- 05/1976
- Data as of
- 09/2021
- EIN
- 06-0972317
Organization Overview
Roncalli Institute Inc is located in Portland, CT. The organization was established in 1976. According to its NTEE Classification (E92) the organization is classified as: Home Health Care, under the broad grouping of Health Care and related organizations. As of 09/2021, Roncalli Institute Inc employed 6 individuals. This organization is a parent organization of an affiliated group for tax-exemption purposes. Roncalli Institute 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, Roncalli Institute Inc generated $226.6k 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 (24.9%) each year. All expenses for the organization totaled $338.6k during the year ending 09/2021. 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
HOUSING AND WELFARE FOR THE ELDERLY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THESE EXPENSES ARE ALL RELATED TO THE ORGANIZATION'S FUNCTION OF PROVIDING HOUSING AND WELFARE SERVICES FOR ELDERLY INDIVIDUALS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jonathan Ramsay CFO | Officer | 40 | $113,283 |
Rev Edward C Doherty Chairman/secretary | OfficerTrustee | 20 | $21 |
John Sullivan Treasurer | OfficerTrustee | 1 | $0 |
Peter Callan President | OfficerTrustee | 20 | $0 |
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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $249,645 |
| Investment income | $67,173 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$106,180 |
| 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 | $226,560 |
| 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. | $116,796 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $68,690 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $28,375 |
| Payroll taxes | $14,485 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $186 |
| Fees for services: Accounting | $2,405 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $633 |
| Advertising and promotion | $0 |
| Office expenses | $6,027 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $64 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $4,197 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $8,651 |
| All other expenses | $88,048 |
| Total functional expenses | $338,557 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $322,808 |
| Savings and temporary cash investments | $1,296,099 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $7,334 |
| Loans from Officers, Directors, or Controlling Persons | $1,467,610 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $18,407 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $10,537 |
| Net Land, buildings, and equipment | $1,186,086 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $159,069 |
| Total assets | $4,467,950 |
| Accounts payable and accrued expenses | $165,776 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $700,000 |
| Total liabilities | $865,776 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $1,702,161 |
| Paid-in or capital surplus, or land, building, or equipment fund | $170,000 |
| Retained earnings, endowment, accumulated income, or other funds | $1,730,013 |
| Total liabilities and net assets/fund balances | $4,467,950 |
Grants Awarded
Over the last fiscal year, Roncalli Institute Inc has awarded $310,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
ST CLEMENTS FOUNDATION INC PURPOSE: HELP NEEDY | $300,000 |
Cromwell, CT PURPOSE: SCHOLARSHIPS | $10,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Roncalli Institute Inc has recieved totaling $30,000.
| Awarding Organization | Amount |
|---|---|
Roncalli Institute Inc Portland, CT PURPOSE: GENERAL OPERATING GRANT | $30,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Hamaspik Choice Inc Monsey, NY | $66,826,438 | $111,265,945 |
Genesee Region Home Care Association Inc Rochester, NY | $62,523,238 | $88,633,237 |
Visiting Nursing Association Of Western New York Inc Cheektowaga, NY | $57,829,171 | $111,105,902 |
Nursing Sisters Home Care Inc Farmingdale, NY | $82,721,495 | $86,717,260 |
Sunnyside Home Care Project Inc Long Island City, NY | $13,373,084 | $45,663,585 |
Masonicare Home Health And Hospice Inc Wallingford, CT | $8,766,172 | $39,986,641 |
Home Attendant Service Of Hyde Park Inc Brooklyn, NY | $16,110,375 | $32,637,387 |
Elder Services Of Worcester Area Inc Worcester, MA | $18,172,905 | $34,130,586 |
Human Care Services For Families & Children Inc Brooklyn, NY | $35,822,270 | $34,127,182 |
Norwell Visiting Nurse Assoc Inc Norwell, MA | $14,913,766 | $33,955,579 |
Visiting Nurse Association And Hospice Of Western New England Inc West Springfield, MA | $13,025,434 | $28,523,846 |
Home Health Management Services Inc Bronx, NY | $12,973,416 | $29,036,744 |