Shore Icare
- Assets
- $2.2m
- Revenue
- $691.6k
- Investments
- $0.0
- Employees
- 4
- Location
- White Plains, NY
- Founding
- 11/1988
- Data as of
- 08/2023
- EIN
- 13-3323120
Organization Overview
Shore Icare is located in White Plains, NY. The organization was established in 1988. According to its NTEE Classification (P85) the organization is classified as: Homeless Centers, under the broad grouping of Human Services and related organizations. As of 08/2023, Shore Icare employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Shore Icare 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 08/2023, Shore Icare generated $691.6k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 20.4% each year . All expenses for the organization totaled $486.6k during the year ending 08/2023. While expenses have increased by 15.1% per year over the past 8 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.
Since 2015, Shore Icare has awarded 13 individual grants totaling $146,446. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
SHELTERING AND HOMELESS SUPPORT OPERATE, DEVELOP, CONSTRUCT OR PURCHASE HOUSING TO BE USED TO PROVIDE HOUSING AND SUPPORT FOR HOMELESS AND NEAR HOMELESS HOUSEHOLDS
Describe the Organization's Program Activity:
Part 3 - Line 4a
SHELTERING AND HOMELESS SUPPORT DEVELOP, CONSTRUCT OR PURCHASE HOUSING TO BE USED IN THE ORGANIZATION'S HOMELESS AND HOUSING ASSISTANCE PROGRAM.HOUSING DEVELOPMENT - IN NOVEMBER 2019, SHORE COMPLETED THE MERGER WITH ICARE, AN ORGANIZATION ENGAGED IN DEVELOPING AND OPERATING HOUSING FOR HOMELESS AND LOW INCOME HOUSING HOUSEHOLDS, IN WESTCHESTER COUNTY, NEW YORK, AND EXPANDED THE COMBINED AREA OF SUPPORT FOR THE HOMELESS AND NEAR HOMELESS HOUSEHOLDS. SHORE CONTINUES TO SUBSIDIZE OPERATING LOSSES OF WHITE PLAINS HOUSING DEVELOPMENT FUND COMPANY AS NEEDED, SO THE ORGANIZATION CAN CONTINUE TO OPERATE ITS HOUSING FOR HOUSEHOLDS WHO WERE HOMELESS.HOMELESS HOUSING OPERATIONS - OPERATION OF RESIDENTIAL PROPERTIES PROVIDING PERMANENT HOUSING FOR FAMILIES THAT WOULD OTHERWISE BE HOMELESS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Widmarc Thomas Sr Executive Dir. | Officer | 35 | $39,394 |
Kimberlie Jacobs President | OfficerTrustee | 3 | $0 |
Linda S Houser Secretary | OfficerTrustee | 3 | $0 |
Susan Mccarthy Vice President | OfficerTrustee | 3 | $0 |
Stephanie Minor Vice President | OfficerTrustee | 3 | $0 |
John Williams Treasurer | OfficerTrustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $262,701 |
| All other contributions, gifts, grants, and similar amounts not included above | $219,687 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $482,388 |
| Total Program Service Revenue | $204,811 |
| Investment income | $1,926 |
| 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 | $691,593 |
| 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. | $39,394 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $67,904 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $23,798 |
| Payroll taxes | $0 |
| Fees for services: Management | $81,165 |
| Fees for services: Legal | $2,350 |
| Fees for services: Accounting | $10,200 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,282 |
| Advertising and promotion | $0 |
| Office expenses | $7,539 |
| Information technology | $7,752 |
| Royalties | $0 |
| Occupancy | $131,229 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $19,603 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $53,085 |
| Insurance | $34,974 |
| All other expenses | $0 |
| Total functional expenses | $486,552 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $188,473 |
| Savings and temporary cash investments | $125,872 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $20,026 |
| 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 | $5,228 |
| Net Land, buildings, and equipment | $1,820,031 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $24,856 |
| Total assets | $2,184,486 |
| Accounts payable and accrued expenses | $22,047 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $12,619 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $903,163 |
| Unsecured mortgages and notes payable | $133,361 |
| Other liabilities | $0 |
| Total liabilities | $1,071,190 |
| Net assets without donor restrictions | $1,113,296 |
| 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 | $2,184,486 |
Grants Awarded
Over the last fiscal year, Shore Icare has awarded $18,970 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
WHITE PLAINS HOUSING DEVELOPMENT FUND COMPANY PURPOSE: SUPPORT THE HOMELESS HOUSING PROGRAM IN WHITE PLAINS, NEW YORK. | $10,420 |
INTERFAITH COUNCIL FOR AFFORDABLE RESIDENCE PURPOSE: SUPPORT PROGRAM OPERATIONS. | $8,550 |