Teresian House Housing Corporation

Organization Overview

Teresian House Housing Corporation, operating under the name Avila Retirement, is located in Albany, NY. The organization was established in 2002. 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. As of 06/2021, Avila Retirement employed 47 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Avila Retirement 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 06/2021, Avila Retirement generated $7.5m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 0.6% each year. All expenses for the organization totaled $7.6m during the year ending 06/2021. While expenses have increased by 0.5% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TERESIAN HOUSE HOUSING CORPORATION'S PURPOSE IS THE OPERATION OF HOUSING FACILTIES FOR THE ELDERLY, PRINCIPALLY WITHIN THE GEOGRAPHIC AREA WITHIN THE ROMAN CATHOLIC DIOCESE OF ALBANY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE FUNCTION OF THE TERESIAN HOUSE HOUSING CORPORATION, ALSO KNOW AS, AVILA RETIREMENT COMMUNITY, IS TO PROVIDE RESIDENTS WITH INDEPENDENT LIVING APARTMENTS AND COTTAGES AND TO PROVIDE THE RESIDENTS WITH CENTRAL DINING AND SPACE FOR A VARIETY OF SOCIAL AND RECREATIONAL ACTIVITIES


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Board, Officers & Key Employees

Name (title)Compensation
Shawn Hall
CEO (3/14 - 5/21)
$62,204
Donna Smith
CEO (5/21 - Present)
$8,038
Vincent Colonno
Treasurer
$0
Bishop Edward Scharfenberger
President
$0
Michael Costello ESQ
Director
$0
Kenneth Raymond
Director
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Mazzone Management Group
Food Service
$1,703,227
Depaul Housing Management
Accounting/payroll & Benefits
$142,497
Eddy Visiting Nurses
Nurses
$118,612
Eddy Visiting Nurses
Nurses
$118,612
Mazzone Management Group
Food Service
$1,703,227
Depaul Housing Management
Accounting/payroll & Benefits
$142,497
View All Vendors

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$7,323,982
Investment income $4,966
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 $7,463,112

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