The Farrar Home

Organization Overview

The Farrar Home is located in Malone, NY. The organization was established in 1963. According to its NTEE Classification (P75) the organization is classified as: Supportive Housing for Older Adults, under the broad grouping of Human Services and related organizations. As of 12/2022, Farrar Home employed 38 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Farrar Home 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 12/2022, Farrar Home generated $1.4m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.6% each year. All expenses for the organization totaled $1.4m during the year ending 12/2022. While expenses have increased by 5.3% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO ENHANCE, FACILITATE, AND OPTIMIZE THE MENTAL, PHYSICAL, AND SPIRITUAL WELL-BEING OF THE INDIVIDUAL IN A HOME-LIKE ATMOSPHERE THROUGH CARING.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE FARRAR HOME PROVIDES 24 HOUR SUPERVISION TO 30 ELDERLY, 60 YEARS OF AGE AND OLDER, MEN AND WOMEN. SERVICES INCLUDE MEDICAL AND MEDICATION MANAGEMENT, ASSISTANCE WITH PERSONAL CARE AS NEEDED, REGISTERED NURSE ON PREMISES OR ON CALL 24 HOURS A DAY, HOME COOKED MEALS UNDER THE DIRECTION OF A DIETICIAN, DAILY ACTIVITIES AND HOUSEKEEPING SERVICES. THE FARRAR HOME WORKS TO GIVE THE ELDERLY A COMFORTABLE, SAFE AND HEALTHY ENVIRONMENT IN WHICH TO SPEND THE LAST YEARS OF THEIR LIVES. IN MAY OF 2016 THE HOME WAS APPROVED FOR 2 RESPITE CARE BEDS.


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Board, Officers & Key Employees

Name (title)Compensation
Kristie Sherry-Keating
Administrato
$101,137
William Empsall
Vice Preside
$18,000
Luke Babbie
Director
$0
Daniel Benware
Director
$0
Mary Anne Duso
President
$0
Mary Kathryn Lashomb
Secretary
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $95,312
All other contributions, gifts, grants, and similar amounts not included above$400
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$95,712
Total Program Service Revenue$1,264,946
Investment income $12,649
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$12,938
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,361,993

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