Greenwood House Foundation Inc
- Assets
- $6.1m
- Revenue
- $201.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Ewing, NJ
- Founding
- 06/1993
- Data as of
- 12/2020
- EIN
- 22-3208612
Organization Overview
Greenwood House Foundation Inc is located in Ewing, NJ. The organization was established in 1993. According to its NTEE Classification (L11) the organization is classified as: Single Organization Support, 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. Greenwood House Foundation 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, Greenwood House Foundation Inc generated $201.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (20.4%) each year. All expenses for the organization totaled $185.7k during the year ending 12/2020. 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 SUPPORT THE AGED COMMUNITY, WITH SPECIFIC EMPHASIS TO GREENWOOD HOUSE, HOME FOR THE JEWISH AGED
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE FINANCIAL AND OTHER SUPPORT FOR THE CAUSES OF THE AGED IN ITS COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeffrey Perlman President | OfficerTrustee | 0.5 | $0 |
Richard S Goldstein Secretary/treasurer | OfficerTrustee | 0.8 | $0 |
Howard Deutsch Trustee | Trustee | 0.5 | $0 |
Jonathan Levy Trustee | Trustee | 0.5 | $0 |
Roger Marcus Trustee | Trustee | 0.5 | $0 |
Denise Siegel Trustee | Trustee | 0.5 | $0 |
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 | $162,175 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $162,175 |
| Total Program Service Revenue | $0 |
| Investment income | $65,183 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$26,262 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $201,096 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $144,203 |
| Grants and other assistance to domestic individuals. | $1,500 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $13,030 |
| Advertising and promotion | $0 |
| Office expenses | $27,003 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $185,736 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $313,032 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Investments—publicly traded securities | $5,724,144 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $94,027 |
| Total assets | $6,131,203 |
| Accounts payable and accrued expenses | $25,837 |
| 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 | $0 |
| Other liabilities | $85,912 |
| Total liabilities | $111,749 |
| Net assets without donor restrictions | $5,196,928 |
| Net assets with donor restrictions | $822,526 |
| 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 | $6,131,203 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Greenwood House Foundation Inc has recieved totaling $1,005.
| Awarding Organization | Amount |
|---|---|
Robert Wood Johnson Foundation Princeton, NJ PURPOSE: MATCHING GIFTS | $500 |
Robert Wood Johnson Foundation Princeton, NJ PURPOSE: MATCHING GIFTS | $500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Jhl Corporate Services Inc New York, NY | $9,131,851 | $18,454,146 |
Neighborhood Renewal Housing Development Fund Corporation New York, NY | $300,253,945 | $3,393,057 |
Jpc Affordable Housing Foundation Inc Newark, NJ | $16,189,985 | $7,541,928 |
Presbyterian Seniorcare Foundation Oakmont, PA | $8,697,066 | $4,349,220 |
Jasa Housing Management Services For The Aged Inc New York, NY | $1,639,951 | $4,107,455 |
Fund For Public Housing Inc New York, NY | $1,013,121 | $2,190,535 |
Kendal New York Sleepy Hollow, NY | $0 | $1,764,852 |
Ehca Foundation Erie, PA | $9,325,618 | $619,289 |
Pines At Narragansett Housing Development Fund Company Inc Ossining, NY | $1,108,354 | $873,822 |
St Peters Italian Church Housing Development Fund Co Inc Syracuse, NY | $3,862,039 | $1,176,808 |
Rochester Presbyterian Home Foundation Inc Rochester, NY | $19,141,210 | $2,601,287 |
Inrc Services Corp Holtsville, NY | $13,900,038 | $3,767,801 |