Loeb House Inc
- Assets
- $4.7m
- Revenue
- $4.8m
- Investments
- $0.0
- Employees
- 95
- Location
- Pearl River, NY
- Founding
- 04/1986
- Data as of
- 12/2021
- EIN
- 22-2609761
Organization Overview
Loeb House Inc is located in Pearl River, NY. The organization was established in 1986. According to its NTEE Classification (F99) the organization is classified as: Mental Health & Crisis Intervention N.E.C., under the broad grouping of Mental Health & Crisis Intervention and related organizations. As of 12/2021, Loeb House Inc employed 95 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Loeb 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 12/2021, Loeb House Inc generated $4.8m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.9% each year. All expenses for the organization totaled $4.7m during the year ending 12/2021. While expenses have increased by 3.0% 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
PROVIDE COMMUNITY HOUSING FOR INDIVIDUALS WITH SPECIAL HOUSING AND SERVICE NEEDS. ALL INDIVIDUALS OVER 18 YEARS OF AGE, WHATEVER THEIR PHYSICAL CONDITION AND/OR MENTAL ABILITIES, ARE ENTITLED TO THE OPPORTUNITY TO LIVE AND FUNCTION IN THE COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MANAGEMENT OF PROGRAMS FOR MENTALLY HANDICAPPED ADULTS THAT INCLUDE RESIDENTIAL FACILITIES THAT ARE EITHER PERMANENT OR TEMPORARY HOUSING LEADING TO SELF-SUFFICIENCY
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 |
|---|---|---|---|
Thomas Zimmerman CEO | 30 | $152,269 | |
Ronald Signore CPA Chief Financial Officer | 30 | $114,400 | |
Debbie Farrelly Corporate Compliance Officer | 30 | $79,867 | |
Kelly Kohlbrenner Housing Manager | 30 | $79,308 | |
Florence Mutesasira Program Manager | 30 | $77,608 | |
Jani Striano Director Of Human Resources | 30 | $73,699 |
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 | $4,775,115 |
| Investment income | -$1,575 |
| 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 | $4,773,540 |
| 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. | $524,142 |
| Compensation of current officers, directors, key employees. | $222,582 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,518,365 |
| Pension plan accruals and contributions | $143,948 |
| Other employee benefits | $448,287 |
| Payroll taxes | $148,460 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $70,536 |
| Fees for services: Accounting | $14,000 |
| 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 | $56,440 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $5,176 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $44,106 |
| Insurance | $118,929 |
| All other expenses | $224,958 |
| Total functional expenses | $4,663,412 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,376,545 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $293,771 |
| 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 | $25,154 |
| Net Land, buildings, and equipment | $375,490 |
| Investments—publicly traded securities | $471,671 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $163,801 |
| Total assets | $4,706,432 |
| Accounts payable and accrued expenses | $88,480 |
| 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 | $39,611 |
| Other liabilities | $353,135 |
| Total liabilities | $481,226 |
| Net assets without donor restrictions | $4,088,604 |
| Net assets with donor restrictions | $136,602 |
| 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 | $4,706,432 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Loeb House Inc has recieved totaling $20,800.
| Awarding Organization | Amount |
|---|---|
United Way Of Westchester And Putnam Inc White Plains, NY PURPOSE: COMMUNITY IMPACT | $20,800 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Ability Beyond Disability Bethel, CT | $11,417,806 | $14,505,129 |
Prevention Point Philadelphia Incorporated Philadelphia, PA | $8,102,926 | $17,860,367 |
Gateway Counseling Center Inc Bronx, NY | $20,925,326 | $14,247,606 |
Programs For Parents Inc Newark, NJ | $2,461,285 | $8,590,143 |
Hispanic Counseling Center Inc Hempstead, NY | $5,897,320 | $8,311,111 |
Amudim Community Resources Inc New York, NY | $9,190,985 | $9,020,569 |
Restoration Society Inc Buffalo, NY | $2,700,059 | $6,722,866 |
Windhorse Integrative Mental Health Inc Northampton, MA | $6,320,527 | $6,852,221 |
Loeb House Inc Pearl River, NY | $4,706,432 | $4,773,540 |
Venture House Inc Jamaica, NY | $3,282,920 | $4,595,049 |
Consumer Satisfaction Team Inc Philadelphia, PA | $1,373,316 | $3,699,651 |
Healthy Children Project Inc Harwich, MA | $4,090,183 | $3,822,607 |