Jas Hechtman I Non-Profit Corporation Phase Iii
- Assets
- $368.5k
- Revenue
- $1.5m
- Investments
- $0.0
- Employees
- 0
- Location
- Oak Park, MI
- Founding
- 12/2004
- Data as of
- 05/2018
- EIN
- 20-1586884
Organization Overview
Jas Hechtman I Non-Profit Corporation Phase Iii, operating under the name Hechtman I, is located in Oak Park, MI. The organization was established in 2004. 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. Hechtman I 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 05/2018, Hechtman I generated $1.5m in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 1.9% each year. All expenses for the organization totaled $1.5m during the year ending 05/2018. While expenses have increased by 1.4% per year over the past 4 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
2018
Describe the Organization's Mission:
Part 3 - Line 1
WE NURTURE A SENSE OF COMMUNITY AND ENRICH THE LIVES OF OLDER ADULTS, WHILE EMBRACING JEWISH VALUES AND CELEBRATING LIFE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE & MAINTAIN 103 APARTMENTS FOR THE ELDERLY. THE PROGRAM OFFERS AFFORDABLE, SAFE HOUSING AND SUPPORT SERVICES, INCLUDING MEALS AND ACTIVITIES FOR SENIORS.THE ORGANIZATION RECEIVED HUD APPROVAL AND CLOSED ON A SALE OF THE ORGANIZATION'S 103 UNIT AFFORDABLE HOUSING PROPERTY AND RESERVES, INCLUSING ALL EXSITING LEASES AND HOUSING ASSISTANCE CONTRACTS, TO HECHTMAN I LIMITED DIVIDEND HOUSING ASSOCIATION LLC, A DISREGARDED ENTITY OF JEWISH HOME SERVICES, INC.
RESIDENT SERVICES COORDINATOR - SERVICE COORDINATORS ARE AN INTEGRAL PART OF RESIDENTIAL COMMUNITIES THAT HOUSE FAMILIES, ELDERS AND PERSONS WITH DISABILITIES. THEY LINK RESIDENTS WITH SUPPORTIVE SERVICES ALLOWING THEM TO MAINTAIN SELF SUFFICIENCY IN THEIR HOMES. SOME OF THE TYPICAL SERVICES ARRANGED ON BEHALF OF RESIDENTS INCLUDE: MEALS, TRANSPORTATION, HEALTH CARE AND HOMEMAKING AS WELL AS OTHER HEALTH AND SUPPORTIVE SERVICES. SERVICE COORDINATORS ALSO PROVIDE GROUP SUPPORTIVE INTERVENTIONS, ONGOING GRIEF COUNSELING AND CRISIS INTERVENTION FOR RESIDENTS, FAMILIES AND THE GREATER COMMUNITY.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lowell Salesin President | OfficerTrustee | 1 | $0 |
Ken Goss Vice President | OfficerTrustee | 1 | $0 |
Deborah Rosenthal Vice President | OfficerTrustee | 1 | $0 |
Robin Kaufman Trepeck Vice President | OfficerTrustee | 1 | $0 |
Jeffrey Fleischman Secretary | OfficerTrustee | 1 | $0 |
Steve Swartz Treasurer | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $123,826 |
| Investment income | $2,620 |
| 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 | $1,475,232 |
| Statement of Expenses | |
|---|---|
| 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 to disqualified persons | $0 |
| Other salaries and wages | $291,324 |
| Pension plan accruals and contributions | $3,195 |
| Other employee benefits | $50,593 |
| Payroll taxes | $22,528 |
| Fees for services: Management | $55,620 |
| Fees for services: Legal | $12,510 |
| Fees for services: Accounting | $24,634 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $113,558 |
| Advertising and promotion | $1,380 |
| Office expenses | $25,771 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $349,871 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $2,688 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $280,234 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $1,461,098 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $321,410 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $9,352 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $37,785 |
| Total assets | $368,547 |
| Accounts payable and accrued expenses | $169,557 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $75,000 |
| Total liabilities | $244,557 |
| Net assets without donor restrictions | $123,990 |
| 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 |
| Total liabilities and net assets/fund balances | $123,990 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Wesleyan Senior Care Inc Elyria, OH | $38,781,786 | $23,501,325 |
Oakwood Village Prairie Ridge Homes Inc Madison, WI | $61,014,266 | $15,535,778 |
Saint Anne Home And Retirment Community Fort Wayne, IN | $21,467,824 | $25,970,139 |
Vista Grande Villa Jackson, MI | $18,128,782 | $15,877,096 |
Prairie Landing Community Inc Indianapolis, IN | $109,459,923 | $13,961,062 |
Hubbard Hill Estates Inc Elkhart, IN | $40,723,668 | $16,327,220 |
Mother Angeline Mccrory Manor Inc Columbus, OH | $23,036,099 | $15,389,300 |
Manor Care Of Tacoma Wa Association Toledo, OH | $1,605,997 | $12,220,932 |
Indiana Masonic Home Inc Franklin, IN | $115,983,648 | $16,702,873 |
Concordia Of Ohio Copley, OH | $66,868,178 | $15,913,038 |
Mercy Services For Aging Nonprofit Housing Corporation Farmington Hills, MI | $43,763,232 | $13,715,486 |
St Clare Commons Perrysburg, OH | $22,863,382 | $9,152,797 |