Stonehouse Inc
- Assets
- $1.4m
- Revenue
- $2.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Vineyard Haven, MA
- Founding
- 01/1992
- Data as of
- 12/2021
- EIN
- 22-3115000
Organization Overview
Stonehouse Inc is located in Vineyard Haven, MA. The organization was established in 1992. According to its NTEE Classification (L99) the organization is classified as: Housing & Shelter N.E.C., 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. Stonehouse 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, Stonehouse Inc generated $2.7k 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 (3.1%) each year. All expenses for the organization totaled $23.3k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (7.0%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONTRIBUTIONS TO SUPPORT OTHER EXEMPT ORGANIZATIONS
PRESERVING & MAINTAINING REAL ESTATE WITH HISTORIC SIGNIFICANCE TO MARTHA'S VINEYARD.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dorothy Packer Clerk | 1 | $0 | |
Ralph M Packer President/treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $2,658 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $2,658 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $4 |
| Taxes | $114 |
| Depreciation | $0 |
| Occupancy | $7,662 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $218 |
| Total operating and administrative expenses | $9,848 |
| Contributions, gifts, grants paid | $13,500 |
| Total expenses and disbursements | $23,348 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $682,888 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $706,901 |
| Other assets | $0 |
| Total assets | $1,389,789 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Stonehouse Inc has awarded $13,500 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
THE SALVATION ARMY PURPOSE: UNRESTRICTED | $5,000 |
HOSPICE AND PALLIATIVE CARE OF MARTHA'S VINEYARD PURPOSE: UNRESTRICTED | $1,000 |
West Tisbury, MA PURPOSE: UNRESTRICTED | $1,000 |
VINEYARD OPEN LAND FOUNDATION PURPOSE: UNRESTRICTED | $1,000 |
MASS AUDUBON PURPOSE: FELIX NECK PRESCHOOL | $1,000 |
Vineyard Haven, MA PURPOSE: UNRESTRICTED | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Living Independently Forever Inc Hyannis, MA | $12,273,693 | $10,857,981 |
Civic Builders Inc New York, NY | $87,716,137 | $21,789,241 |
Buffalo Federation Of Neighborhood Centers Inc Buffalo, NY | $8,954,316 | $11,146,328 |
Grand Street Guild East Housing Development Fund Company Inc Garden City, NY | $32,476,672 | $9,886,793 |
Grand Street Guild Hdfc Inc Garden City, NY | $33,829,247 | $10,532,897 |
Aishes Chayil Dkiryas Joel Mothers Relief Center Inc Monroe, NY | $15,335,659 | $8,593,002 |
The Converse Home Inc Burlington, VT | $9,403,525 | $5,936,204 |
Eger Harbor House Inc Staten Island, NY | $7,548,241 | $1,243,763 |
Scott-Farrar Home Peterborough, NH | $20,723,129 | $5,884,459 |
Muhlenberg Community Housing Development Fund Corporation New York, NY | $13,246,264 | $3,873,664 |
Vera House Inc Syracuse, NY | $4,000,028 | $5,311,307 |
Providence Building Sanitary And Educational Association Providence, RI | $18,624,699 | $5,416,407 |