Quail Summit Inc
- Assets
- $9.1m
- Revenue
- $4.2m
- Investments
- $0.0
- Employees
- 98
- Location
- Geneva, NY
- Founding
- 06/1999
- Data as of
- 12/2021
- EIN
- 16-1564650
Organization Overview
Quail Summit Inc is located in Geneva, NY. The organization was established in 1999. According to its NTEE Classification (L20) the organization is classified as: Housing Development, Construction & Management, under the broad grouping of Housing & Shelter and related organizations. As of 12/2021, Quail Summit Inc employed 98 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Quail Summit Inc 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, Quail Summit Inc generated $4.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.0% each year. All expenses for the organization totaled $4.8m during the year ending 12/2021. While expenses have increased by 2.6% per year over the past 7 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
TO PROVIDE SUITABLE HOUSING, IMPROVED ACCESS TO HEALTH CARE, AND RELATED COMMUNITY SERVICES AND FACILITIES, IN ORDER TO MEET THE NEEDS AND REQUIREMENTS OF LOW-TO-MODERATE INCOME ELDERLY RESIDENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ASSISTED LIVING AND ALZHEIMER'S COMMUNITY DESIGNED TO SERVE THE VARYING NEEDS OF INDEPENDENT, FRAIL, ELDERLY, AND MEMORY-IMPAIRED SENIOR ADULTS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Andrew Tyman C.e.o./chairman | Officer | 1 | $169,544 |
Laura Hollenbeck Executive Director | Officer | 35 | $127,519 |
Phil Beckley President | OfficerTrustee | 1 | $0 |
Tom Wood Vice President | OfficerTrustee | 1 | $0 |
Martin E Eades ESQ Secretary | OfficerTrustee | 1 | $0 |
James Vedora Treasurer | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Iverson Construction Loan Interest Payments | 12/30/16 | $814,513 |
Sysco Foods Food Delivery | 12/30/16 | $268,239 |
Rfr Consulting Consulting | 12/30/16 | $139,467 |
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 | $4,176,318 |
| Investment income | $274 |
| 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 | $4,216,784 |
| 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 | $1,826,223 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $271,325 |
| Payroll taxes | $163,390 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $432,448 |
| Advertising and promotion | $40,811 |
| Office expenses | $83,127 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $333,198 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $369,816 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $529,369 |
| Insurance | $64,052 |
| All other expenses | $31,733 |
| Total functional expenses | $4,752,341 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $596,421 |
| Savings and temporary cash investments | $232,289 |
| Pledges and grants receivable | $28,196 |
| 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 | $131,145 |
| Net Land, buildings, and equipment | $7,757,204 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $326,363 |
| Total assets | $9,071,618 |
| Accounts payable and accrued expenses | $248,509 |
| Grants payable | $0 |
| Deferred revenue | $70,115 |
| 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 | $10,011,470 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $3,925 |
| Total liabilities | $10,334,019 |
| Net assets without donor restrictions | -$1,262,401 |
| 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 | $9,071,618 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Champlain Housing Tr Burlington, VT | $156,492,954 | $31,041,858 |
Shared Support South Inc Warrington, PA | $9,549,705 | $20,704,692 |
Viecare Butler Llc Cranberry Township, PA | $15,820,808 | $20,591,438 |
Valley View Haven Inc Belleville, PA | $35,512,325 | $21,268,828 |
The Arc Morris County Chapter Nj Inc Morris Plains, NJ | $23,360,035 | $22,219,596 |
Pathways To Housing Pa Philadelphia, PA | $7,362,789 | $17,371,070 |
Neville Communities Home Inc Cambridge, MA | $11,055,368 | $17,412,264 |
Affordable Housing And Services Collaborative Inc Braintree, MA | $170,389,416 | $17,704,653 |
Fairhaven Healthcare Center Inc Lowell, MA | $23,711,383 | $11,897,110 |
Jewish Federation Housing Development Fund Company Buffalo, NY | $0 | $1,951,149 |
National Affordable Housing Foundation Schenectady Inc Waltham, MA | $11,290,760 | $3,782,521 |
Alfa Development Inc Newfoundland, NJ | $12,469,438 | $16,200,874 |