Cross Roads House Inc
- Assets
- $9.1m
- Revenue
- $3.6m
- Investments
- $0.0
- Employees
- 47
- Location
- Portsmouth, NH
- Founding
- 07/1986
- Data as of
- 06/2022
- EIN
- 22-2549963
Organization Overview
Cross Roads House Inc is located in Portsmouth, NH. The organization was established in 1986. According to its NTEE Classification (L41) the organization is classified as: Homeless Shelters, under the broad grouping of Housing & Shelter and related organizations. As of 06/2022, Cross Roads House Inc employed 47 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cross Roads House 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 06/2022, Cross Roads House Inc generated $3.6m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 18.8% each year . All expenses for the organization totaled $2.9m during the year ending 06/2022. While expenses have increased by 12.6% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE SHELTER TO HOMELESS
Describe the Organization's Program Activity:
Part 3 - Line 4a
PURPOSE IS TO PROVIDE SAFE AND SUPPORTIVE EMERGENCY HOUSING TO INDIVIDUALS AND FAMILIES EXPERIENCING HOMELESSNESS.
PROVIDING LOW INCOME SINGLE UNIT RENTAL APARTMENTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Brown Treasurer | Officer | 2 | $0 |
Benoit St Jean President | Officer | 2 | $0 |
Vanda Moore Secretary | Officer | 2 | $0 |
Charles Silva Vice Preside | Officer | 2 | $0 |
Michael Adams Board Member | Trustee | 1 | $0 |
Robert Bear Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,430,376 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,487,342 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,917,718 |
| Total Program Service Revenue | $105,354 |
| Investment income | $48,760 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $492,669 |
| Net Income from Gaming Activities | $62,381 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,626,882 |
| 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 | $921,857 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $127,007 |
| Payroll taxes | $135,109 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $31,488 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $79,310 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $257,846 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $29,621 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $190,156 |
| Insurance | $64,812 |
| All other expenses | $67,151 |
| Total functional expenses | $2,892,623 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,849,937 |
| Pledges and grants receivable | $111,568 |
| Accounts receivable, net | $6,301 |
| 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 | $48,006 |
| Net Land, buildings, and equipment | $4,900,392 |
| Investments—publicly traded securities | $2,056,884 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $2,448 |
| Other assets | $144,467 |
| Total assets | $9,120,003 |
| Accounts payable and accrued expenses | $88,383 |
| Grants payable | $0 |
| Deferred revenue | $150,000 |
| 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 | $536,047 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $774,430 |
| Net assets without donor restrictions | $8,104,338 |
| Net assets with donor restrictions | $241,235 |
| 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 | $9,120,003 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Cross Roads House Inc has recieved totaling $28,000.
| Awarding Organization | Amount |
|---|---|
Mcdermott Fam Charitable Tr Tolland, CT PURPOSE: SERVICES FOR HOMLESS | $18,000 |
Anne & Mike Ambrogi Family Foundation North Hampton, NH PURPOSE: PROGRAM SUPPORT | $10,000 |
Endowment Analysis
| Beg. Balance | $162,833 |
| Earnings | -$24,107 |
| Admin Expense | $485 |
| Grants | $6,226 |
| Ending Balance | $144,467 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Middlesex Human Service Agency Inc Waltham, MA | $4,587,746 | $16,335,649 |
Rosies Place Inc Boston, MA | $38,499,401 | $18,742,725 |
Vietnam Veterans Workshop Inc Boston, MA | $30,041,487 | $14,388,519 |
Lazarus House Incorporated Lawrence, MA | $10,094,845 | $10,908,998 |
Citizens Inn Inc Peabody, MA | $4,459,514 | $7,948,455 |
Casa Nueva Vida Inc Jamaica Plain, MA | $5,246,257 | $6,906,290 |
Marillac Residence Inc Wellesley, MA | $7,075,004 | $6,383,688 |
Upper Valley Haven Inc White River Junction, VT | $10,418,624 | $6,830,659 |
Lynn Shelter Association Inc Lynn, MA | $3,588,906 | $6,433,551 |
House Of Hope Inc Lowell, MA | $9,621,729 | $4,617,811 |
Committee On Temporary Shelter Burlington, VT | $11,814,120 | $4,821,535 |
Boston Rescue Mission Inc Boston, MA | $60,854,576 | $6,950,297 |