Mohawk Homestead
- Assets
- $843.6k
- Revenue
- $1.3m
- Investments
- $313.0k
- Employees
- 0
- Location
- Mohawk, NY
- Founding
- 05/1968
- Data as of
- 12/2021
- EIN
- 15-0532222
Organization Overview
Mohawk Homestead is located in Mohawk, NY. The organization was established in 1968. According to its NTEE Classification (L99) the organization is classified as: Housing & Shelter N.E.C., 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. Mohawk Homestead 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, Mohawk Homestead generated $1.3m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 5.7% each year. All expenses for the organization totaled $1.5m during the year ending 12/2021. While expenses have increased by 4.5% 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE HOUSING AND CARE TO THE ELDERLY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dolores Aloisio Member | 1 | $0 | |
Timothy Daly Treasurer, 1st VP | 1 | $0 | |
David Dudgeon Assistant Treasurer | 1 | $0 | |
Claudia Gloo Secretary | 1 | $0 | |
Debbie Marley President | 1 | $0 | |
Sharon Palmer Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $15,820 |
| Interest on Savings | $0 |
| Dividends & Interest | $8,445 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $20,207 |
| Capital Gain Net Income | $20,207 |
| Net ST Capital Gain | $20,207 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,269,542 |
| Total Revenue | $1,314,014 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $55,000 |
| Other employee salaries and wages | $860,071 |
| Pension plans, employee benefits | $190,409 |
| Interest | $485 |
| Taxes | $558 |
| Depreciation | $47,928 |
| Occupancy | $61,392 |
| Travel, conferences, and meetings | $102 |
| Printing and publications | $0 |
| Other expenses | $206,671 |
| Total operating and administrative expenses | $1,457,127 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $1,457,127 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $13,322 |
| Savings and temporary cash investments | $9,761 |
| Net Accounts receivable | $34,211 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $10,734 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $202,137 |
| Net Land, buildings, and equipment | $462,538 |
| Other assets | $0 |
| Total assets | $843,572 |
| Accounts payable and accrued expenses | $116,481 |
| Grants payable | $0 |
| Deferred revenue | $3,200 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $3,115 |
| Other liabilities | $0 |
| Total liabilities | $122,796 |