Stm Elderly Housing Corp
- Assets
- $835.1k
- Revenue
- $491.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Hartford, CT
- Founding
- 03/1992
- Data as of
- 07/2021
- EIN
- 06-1336149
Organization Overview
Stm Elderly Housing Corp is located in Hartford, CT. The organization was established in 1992. According to its NTEE Classification (E91) the organization is classified as: Nursing Facilities, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Stm Elderly Housing Corp 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 07/2021, Stm Elderly Housing Corp generated $491.1k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 4.0% each year. All expenses for the organization totaled $653.9k during the year ending 07/2021. While expenses have increased by 2.7% per year over the past 6 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE HOUSING TO LOW INCOME ELDERLY PERSONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE AFFORDABLE HOUSING FACILITIES TO THE ELDERLY POPULATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lucretia Fuentes President | OfficerTrustee | 1 | $0 |
Nora Brown Vice President | OfficerTrustee | 1 | $0 |
Cheryl Thomas Director | OfficerTrustee | 1 | $0 |
Jeannette Walker Treasurer/secretary | OfficerTrustee | 1 | $0 |
Edwina Tuning Director | Trustee | 1 | $0 |
Winston Barnaby Director | Trustee | 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 | $461,322 |
| Investment income | $29,765 |
| 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 | $491,087 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $41,182 |
| Fees for services: Legal | $478 |
| Fees for services: Accounting | $16,394 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $112,415 |
| Advertising and promotion | $4,440 |
| Office expenses | $12,159 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $330,959 |
| 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 | $135,893 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $653,920 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $80,699 |
| Savings and temporary cash investments | $374,521 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $379,920 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $835,140 |
| Accounts payable and accrued expenses | $72,203 |
| 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 | $11,596 |
| Total liabilities | $83,799 |
| Net assets without donor restrictions | $751,341 |
| Net assets with donor restrictions | $0 |
| 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 | $835,140 |
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Menorah Home & Hospital For The Aged & Infirm Brooklyn, NY | $95,922,650 | $81,993,639 |
Loretto Health And Rehabilitation Center Syracuse, NY | $32,645,614 | $69,232,567 |
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Amsterdam Nursing Home Corporation New York, NY | $69,684,595 | $65,318,560 |
St Anns Home For The Aged Rochester, NY | $128,282,836 | $56,352,985 |
The Silvercrest Center For Nursing And Rehabilitation Jamaica, NY | $32,498,304 | $53,752,746 |
Northwell Health Stern Family Center For Rehabilitation Westbury, NY | $34,520,044 | $52,027,697 |
The Jewish Home For The Elderly Of Fairfield County Inc Bridgeport, CT | $107,317,417 | $58,736,292 |
Jewish Home Of Rochester Rochester, NY | $117,386,379 | $50,227,794 |