Geer Village Housing & Development Company
- Assets
- $3.2m
- Revenue
- $401.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Canaan, CT
- Founding
- 12/1989
- Data as of
- 09/2022
- EIN
- 06-1230844
Organization Overview
Geer Village Housing & Development Company, operating under the name Beckley House, is located in Canaan, CT. The organization was established in 1989. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Beckley House 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 09/2022, Beckley House generated $401.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.1% each year. All expenses for the organization totaled $618.1k during the year ending 09/2022. While expenses have increased by 1.7% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE AN INDEPENDENT LIVING FACILITY TO QUALIFIED ELDERLY INDIVIDUALS TO IMPROVE THEIR QUALITY OF LIFE AND ATTEMPT TO MAXIMIZE THEIR LONGEVITY OF INDEPENDENT LIVING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
LOW INCOME SUBSIDIZED ELDERLY HOUSING - 24 UNITS
EXPANSION PROJECT-10 UNITS
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James Sok Treasurer | OfficerTrustee | 2 | $0 |
Dennis Kobylarz MD Director | Trustee | 1 | $0 |
Edward Forfa Director | Trustee | 1 | $0 |
Karin Robinson Director | Trustee | 1 | $0 |
Cyd Emmons Director | Trustee | 1 | $0 |
Rich Solan 1st Vice Chair | OfficerTrustee | 1 | $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 | $401,621 |
| Investment income | $132 |
| 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 | $401,753 |
| 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 | $77,507 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $23,129 |
| Fees for services: Management | $34,860 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $8,029 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,616 |
| Office expenses | $27,597 |
| 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 | $88 |
| Interest | $13 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $227,362 |
| Insurance | $23,484 |
| All other expenses | $0 |
| Total functional expenses | $618,147 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,857 |
| Savings and temporary cash investments | $295,677 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $8,661 |
| 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 | $0 |
| Net Land, buildings, and equipment | $2,881,792 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,188,987 |
| Accounts payable and accrued expenses | $67,814 |
| 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 | $14,272 |
| Total liabilities | $82,086 |
| Net assets without donor restrictions | -$1,852,717 |
| Net assets with donor restrictions | $4,959,618 |
| 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 | $3,188,987 |