Kendal At Longwood Residents Assoc
- Assets
- $135.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Kennett Square, PA
- Founding
- 06/1982
- Data as of
- 06/2022
- EIN
- 23-2175621
Organization Overview
Kendal At Longwood Residents Assoc is located in Kennett Square, PA. The organization was established in 1982. 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. Kendal At Longwood Residents Assoc is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 06/2022, Kendal At Longwood Residents Assoc generated $77.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.4% each year. All expenses for the organization totaled $68.7k during the year ending 06/2022. While expenses have increased by 0.7% 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
THE ORGANIZATION SUPPORTS APPROXIMATELY 50 DIFFERENT ACTIVITIES WITHIN THE RETIREMENT COMMUNITY FOR THE BENEFIT OF RESIDENTS. ACTIVITIES INCLUDE ART, MUSIC, AND MANY OTHER SOCIAL AND EDUCATIONAL ACTIVITIES. FUNDS ARE RAISED BY THE RESIDENTS LIVING IN THE COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
George Alexander Director | 0.5 | $0 | |
Dave Elder Director | 0.5 | $0 | |
Ellen Gay Director | 0.5 | $0 | |
Terry Gonzalez Director | 0.5 | $0 | |
Pete Hillyer Director | 0.5 | $0 | |
Ernie Kimmel Director | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $65,490 |
| Total Program Service Revenue | $1,872 |
| Membership dues | $0 |
| Investment income | $24 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $4,770 |
| Total Revenue | $77,787 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $2,930 |
| Occupancy, rent, utilities, and maintenance | $2,857 |
| Printing, publications, postage, and shipping | $722 |
| Other expenses | $56,752 |
| Total expenses | $68,676 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $122,204 |
| Other assets | $0 |
| Total assets | $135,718 |
| Total liabilities | $148 |
| Net assets or fund balances | $135,570 |
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