Clearview Terrace Ii Inc
- Assets
- $241.7k
- Revenue
- $650.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Hanover, PA
- Founding
- 07/1978
- Data as of
- 06/2022
- EIN
- 23-2058831
Organization Overview
Clearview Terrace Ii Inc is located in Hanover, PA. The organization was established in 1978. According to its NTEE Classification (L22) the organization is classified as: Senior Citizens Housing & Retirement Communities, 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. Clearview Terrace Ii 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, Clearview Terrace Ii Inc generated $650.9k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 68.3% each year . All expenses for the organization totaled $668.3k during the year ending 06/2022. While expenses have increased by 62.0% 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED TENANT CARE, VISITING NURSES, MEALS, TRANSPORTATION, ENTERTAINMENT, ETC., FOR THE RESIDENTS OF GREATER HANOVER HOUSING CORPORATION (150 UNITS OF TENANTS).
PROVIDED SUPPORT TO THE LOCAL GOVERNMENT OF HANOVER, PA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John M Crabbs President | 1 | $0 | |
Eric Stenman Director | 1 | $0 | |
Joy Beard Director | 1 | $0 | |
Michael P Kelly Treasurer | 2 | $0 | |
Jennifer Leib Secretary | 2 | $0 | |
Linda Baile Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $649,702 |
| Interest on Savings | $1,205 |
| 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 | $650,907 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $38 |
| Depreciation | $1,196 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $18,176 |
| Total operating and administrative expenses | $22,095 |
| Contributions, gifts, grants paid | $646,197 |
| Total expenses and disbursements | $668,292 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $240,639 |
| 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 | $1,097 |
| Other assets | $0 |
| Total assets | $241,736 |
| Accounts payable and accrued expenses | $1,154 |
| 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 | $1,154 |
Grants Awarded
Over the last fiscal year, Clearview Terrace Ii Inc has awarded $646,197 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
GREATER HANOVER HOUSING PURPOSE: EXPANSION PROJECT | $644,697 |
THE BOROUGH OF HANOVER PURPOSE: CONTRIBUTION IN LIEU OF TAXES | $1,500 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Clearview Terrace Ii Inc has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
Rice Family Foundation Hanover, PA PURPOSE: GENERAL FUND | $5,000 |
Alan R Warehime Charitable Trust Buffalo, NY PURPOSE: SUBSIZED HOUSING FOR | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Cedar Crest Village Llc Pompton Plains, NJ | $458,841,206 | $94,228,748 |
Ann S Choice Inc Warminster, PA | $390,463,878 | $78,899,329 |
Acts Retirement Services Inc Fort Washington, PA | $53,774,543 | $61,999,737 |
Lantern Hill Inc New Providence, NJ | $464,665,892 | $49,148,353 |
Whitemarsh Continuing Care Retirement Community Lafayette Hill, PA | $237,675,792 | $39,315,037 |
Blanchard Valley Continuing Care Services Findlay, OH | $61,929,671 | $35,904,527 |
New York Foundation For Senior Citizens Home Attendant Services I New York, NY | $24,976,445 | $43,263,283 |
King Farm Presbyterian Retirement Rockville, MD | $301,432,870 | $34,783,503 |
Caringhouse Projects Incorporated Pleasantville, NJ | $35,651,045 | $47,839,367 |
Concordia Lutheran Ministries Of Pittsburgh Pittsburgh, PA | $101,461,859 | $42,844,424 |
Sjf Ccrc Inc Voorhees, NJ | $105,324,676 | $30,989,570 |
Hudson Lutheran Housing Corporation Secaucus, NJ | $0 | $195,483 |