Pro-Home Inc
- Assets
- $683.4k
- Revenue
- $114.1k
- Investments
- $0.0
- Employees
- 4
- Location
- Taunton, MA
- Founding
- Data as of
- 12/2020
- EIN
- 22-3027059
Organization Overview
Pro-Home Inc is located in Taunton, MA. According to its NTEE Classification (L80) the organization is classified as: Housing Support, under the broad grouping of Housing & Shelter and related organizations. As of 12/2020, Pro-Home Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pro-Home 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 12/2020, Pro-Home Inc generated $114.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (16.8%) each year. All expenses for the organization totaled $157.7k during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (14.0%) per year over the past 4 years. 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
TO ADVOCATE FOR THE PRODUCTION AND PROTECTION OF AFFORDABLE HOUSING
Describe the Organization's Program Activity:
Part 3 - Line 4a
ADVOCATE FOR THE PRODUCTION AND PROTECTION OF AFFORDABLE HOUSING FOR LOW INCOME INDIVIDUALS AND FAMILIES OVER 500 FAMILIES HAVE SOUGHT ASSISTANCE FROM THE ORGANIZATION
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
P Burke Fountain Clerk And Director | OfficerTrustee | 1 | $0 |
Antonio Darosa Treasurer And Director | OfficerTrustee | 1 | $0 |
John Doherty Vice President And Directo | OfficerTrustee | 1 | $0 |
Michael Piemonte President And Director | OfficerTrustee | 1 | $0 |
Karine Pauleus Director | Trustee | 1 | $0 |
David Tipping Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $1,750 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $42,129 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $43,879 |
| Total Program Service Revenue | $39,611 |
| Investment income | $271 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $20,922 |
| Net Gain/Loss on Asset Sales | $9,390 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $114,073 |
| 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. | $45,924 |
| Compensation of current officers, directors, key employees. | $9,185 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $55,365 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $6,964 |
| Payroll taxes | $7,662 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,900 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $4,013 |
| Advertising and promotion | $0 |
| Office expenses | $2,293 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $7,662 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $500 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $9,507 |
| Insurance | $5,057 |
| All other expenses | $228 |
| Total functional expenses | $157,730 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $285,345 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $480 |
| 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 |
| Net Land, buildings, and equipment | $397,028 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $549 |
| Total assets | $683,402 |
| Accounts payable and accrued expenses | $5,313 |
| 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 | $50,731 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $243,000 |
| Total liabilities | $299,044 |
| Net assets without donor restrictions | $384,358 |
| 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 | $683,402 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Pro-Home Inc has recieved totaling $32,000.
| Awarding Organization | Amount |
|---|---|
Eastern Bank Charitable Foundation Lynn, MA PURPOSE: EXEMPT PURPOSE | $27,000 |
Mansfield Community Charitable Foundation Inc Raynham, MA PURPOSE: DOWN PAYMENT ASSISTANCE PROGRAM FOR FIRST TIME HOME BUYERS | $2,500 |
Mansfield Community Charitable Foundation Inc Raynham, MA PURPOSE: DOWN PAYMENT ASSISTANCE PROGRAM FOR FIRST TIME HOME BUYERS | $2,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Aspire Of Western New York Inc Getzville, NY | $37,144,710 | $73,972,719 |
Neighborhood Assistance Corporation Of America Boston, MA | $267,784,866 | $49,655,624 |
Womens Housing And Economic Development Corporation Bronx, NY | $29,527,353 | $27,859,543 |
Joint Ownership Entity New York City Corp New York, NY | $155,995,039 | $17,434,025 |
Breaking Ground Housing Development Fund Corporation New York, NY | $193,138,085 | $25,961,669 |
Highland Park Community Development Corporation Brooklyn, NY | $3,265,910 | $15,414,103 |
Centerboard Inc Lynn, MA | $21,186,335 | $15,673,773 |
Interstate I Affordable Housing Inc New York, NY | $783,725 | $8,991,908 |
Ascendant Neighborhood Development Corporation New York, NY | $39,528,943 | $4,446,577 |
Housing Works Services Inc Brooklyn, NY | $2,273,707 | $4,786,590 |
Willow Gardens Inc New Rochelle, NY | $20,661,774 | $5,354,577 |
United Residents In Academy Homes Ii Inc Roxbury, MA | $30,056,643 | $8,930,600 |