77 Magazine House Inc
- Assets
- $386.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Cambridge, MA
- Founding
- 05/1990
- Data as of
- 06/2022
- EIN
- 22-3041897
Organization Overview
77 Magazine House Inc is located in Cambridge, MA. The organization was established in 1990. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. 77 Magazine 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, 77 Magazine House Inc generated $157.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.2% each year. All expenses for the organization totaled $140.6k during the year ending 06/2022. While expenses have increased by 0.8% 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
OPERATED AND MAINTAINED APPROXIMATELY 10 UNITS OF HOUSING FOR LOW-INCOME FAMILIES WHO SUFFER WITH CHRONIC MENTAL ILLNESSES, LOCATED IN CAMBRIDGE, MASSACHUSETTS.
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 |
|---|---|---|---|
Louise Elving President | 1 | $0 | |
Tim Bombard Treasurer | 1 | $0 | |
John Hixson Clerk | 1 | $0 | |
Margaret Drury Vice President | 1 | $0 | |
Vincent O'donnell Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $157,777 |
| Membership dues | $0 |
| Investment income | $29 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $157,806 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $15,145 |
| Professional fees and other payments to independent contractors | $4,079 |
| Occupancy, rent, utilities, and maintenance | $16,575 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $104,780 |
| Total expenses | $140,579 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $115,840 |
| Other assets | $0 |
| Total assets | $386,709 |
| Total liabilities | $598,379 |
| Net assets or fund balances | -$211,670 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Nhp Foundation New York, NY | $288,555,579 | $98,614,983 |
Nycha Ii Housing Development Fund Corporation New York, NY | $21,607,256 | $75,418,815 |
Housing Assistance Corporation Hyannis, MA | $20,544,372 | $36,246,807 |
Eihab Human Services New Jersey Inc Springfield Gardens, NY | $6,084,233 | $34,447,037 |
West Side Federation For Senior Housing Inc New York, NY | $138,485,239 | $41,412,403 |
East Harlem Pilot Block Housing Development Fund Co Inc New York, NY | $76,192,730 | $32,420,395 |
Orange Affordable Housing Inc New York, NY | $0 | $0 |
Housing Visions Unlimited Inc Syracuse, NY | $54,882,329 | $24,284,268 |
Phipps Houses New York, NY | $754,776,508 | $88,001,578 |
C-Hp Cove Inc New York, NY | $8,025,727 | $5,367,385 |
Diego Beekman Mutual Housing Assoc Housing Developmnt Fund Corp Bronx, NY | $60,873,005 | $24,267,142 |
Champlain Housing Tr Burlington, VT | $156,492,954 | $31,041,858 |