Woodbury Interfaith Elderly Hous Ing Corporation is located in Woodbury, CT. The organization was established in 1990. 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. Woodbury Interfaith Elderly Hous Ing Corporation 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 12/2021, Woodbury Interfaith Elderly Hous Ing Corporation generated $449.5k 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 (3.4%) each year. All expenses for the organization totaled $600.1k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (0.9%) per year over the past 7 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 AFFORDABLE, SAFE HOUSING FOR LOWER INCOME ELDERLY RESIDENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RENTAL OF LOW INCOME ELDERLY HOUSING - 48 UNITS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Deborah Fuller President | OfficerTrustee | 2 | $0 |
Bernard F Mcmanus Vice President | OfficerTrustee | 2 | $0 |
Raymond Kelly Treasurer | OfficerTrustee | 2 | $0 |
Deborah Tata Director | Trustee | 2 | $0 |
Ronald Iannucci Director | Trustee | 2 | $0 |
Pat Ianuzzi Director | Trustee | 2 | $0 |
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 | $447,232 |
Investment income | $2,255 |
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 | $449,487 |
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 | $108,025 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $21,363 |
Payroll taxes | $11,808 |
Fees for services: Management | $39,192 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $3,775 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $625 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $27,705 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $113,143 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $154,508 |
Insurance | $46,719 |
All other expenses | $5,077 |
Total functional expenses | $600,125 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $8,527 |
Savings and temporary cash investments | $927,468 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $26,776 |
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 | $21,845 |
Net Land, buildings, and equipment | $1,981,775 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $2,966,391 |
Accounts payable and accrued expenses | $211,197 |
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 | $3,891,442 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $352,451 |
Total liabilities | $4,455,090 |
Net assets without donor restrictions | -$1,489,227 |
Net assets with donor restrictions | $528 |
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 | $2,966,391 |
Organization Name | Assets | Revenue |
---|---|---|
Brooksby Village Inc Peabody, MA | $455,308,698 | $77,450,637 |
Linden Ponds Inc Hingham, MA | $366,102,829 | $68,847,923 |
New York Foundation For Senior Citizens Home Attendant Services I New York, NY | $24,976,445 | $43,263,283 |
Active Retirement Community Inc South Setauket, NY | $204,676,750 | $34,139,621 |
Mclean Affiliates Inc Simsbury, CT | $119,028,138 | $28,380,962 |
Israel Senior Citizens Housing Development Fund Corp New York, NY | $56,551,856 | $8,736,330 |
Woodland Pond Inc New Paltz, NY | $75,307,773 | $23,806,053 |
Lasell Village Inc Auburndale, MA | $102,869,314 | $21,782,150 |
Colgate Palmolive Post Retirement Veba Tr New York, NY | $1,964,886 | $6,599,849 |
Orchard Park Ccrc Inc Orchard Park, NY | $79,217,375 | $18,334,727 |
Christopher House Inc Worcester, MA | $11,659,464 | $17,133,392 |
Firemens Association Of The State Of New York Albany, NY | $46,544,668 | $18,019,275 |