Hill House Inc
- Assets
- $13.1m
- Revenue
- $1.6m
- Investments
- $1.2m
- Employees
- 0
- Location
- Riverside, CT
- Founding
- 05/1979
- Data as of
- 06/2023
- EIN
- 06-0989007
Organization Overview
Hill House Inc is located in Riverside, CT. The organization was established in 1979. 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. Hill House 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 06/2023, Hill House Inc generated $1.6m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (18.1%) each year. All expenses for the organization totaled $1.9m during the year ending 06/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO OFFER AFFORDABLE HOUSING TO THE AREA'S LOW TO MODERATE INCOME WELL ELDERLY POPULATION IN A SAFE AND CARING HOMELIKE ATMOSPHERE WHICH ENCOURAGES OLDER PEOPLE TO BE INDEPENDENT, PHYSICALLY ACTIVE AND INVOLVED WITH THEIR FAMILIES, FRIENDS AND COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO OFFER AFFORDABLE HOUSING TO THE AREA'S LOW TO MODERATE INCOME WELL ELDERLY POPULATION IN A SAFE AND CARING HOMELIKE ATMOSPHERE WHICH ENCOURAGES OLDER PEOPLE TO BE INDEPENDENT, PHYSICALLY ACTIVE AND INVOLVED WITH THEIR FAMILIES, FRIENDS AND COMMUNITY.THE PROPERTY WAS FULLY OCCUPIED AND WELL MAINTAINED; NUTRITIOUS MEALS, STIMULATING PROGRAMS AND 24 HOUR SUPERVISION WERE PROVIDED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Samuel Diebler President | OfficerTrustee | 4 | $0 |
Edward Oppedisano Vice President | OfficerTrustee | 2 | $0 |
Allan Mascaro Vice President | OfficerTrustee | 2 | $0 |
Dolly Powers Vice President | OfficerTrustee | 2 | $0 |
Robert E Wilson Treasurer | OfficerTrustee | 3 | $0 |
Diana Whyte Asst. Treasurer | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $450,659 |
| All other contributions, gifts, grants, and similar amounts not included above | $204,820 |
| Noncash contributions included in lines 1a–1f | $2,280 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $655,479 |
| Total Program Service Revenue | $929,528 |
| Investment income | $23,565 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| 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 | $1,608,591 |
| 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 | $398,024 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $93,941 |
| Payroll taxes | $29,934 |
| Fees for services: Management | $40,104 |
| Fees for services: Legal | $1,567 |
| Fees for services: Accounting | $15,124 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $472,096 |
| Insurance | $58,810 |
| All other expenses | $100,026 |
| Total functional expenses | $1,893,802 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $380,693 |
| Savings and temporary cash investments | $209,696 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | -$4,068 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $22,100 |
| Net Land, buildings, and equipment | $11,304,942 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $1,214,596 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $4,985 |
| Total assets | $13,132,944 |
| Accounts payable and accrued expenses | $22,511 |
| 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 | $79,103 |
| Total liabilities | $101,614 |
| Net assets without donor restrictions | $12,359,056 |
| Net assets with donor restrictions | $672,274 |
| 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 | $13,132,944 |