Trehab Associates Inc
- Assets
- $3.8m
- Revenue
- $547.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Montrose, PA
- Founding
- 08/1997
- Data as of
- 06/2021
- EIN
- 23-2867834
Organization Overview
Trehab Associates Inc is located in Montrose, PA. The organization was established in 1997. According to its NTEE Classification (S47) the organization is classified as: Real Estate Associations, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Trehab Associates Inc is a 501(c)(2) and as such, is described as a "Title Holding Corporation for an Exempt Organization" by the IRS.
For the year ending 06/2021, Trehab Associates Inc generated $547.9k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 7.2% each year. All expenses for the organization totaled $578.8k during the year ending 06/2021. While expenses have increased by 7.3% per year over the past 6 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO ASSIST IN THE FURTHERANCE OF THE MISSION OF TREHAB, INC. BY HOLDING AND LEASING REAL PROPERTY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HOLD RENTED PROPERTY FOR TREHAB, INC. IN ORDER TO FURTHER THE MISSION OF TREHAB, INC. ALSO, OWN AND OPERATE A LOCAL GROCERY STORE TO PROVIDE ACCESS TO FRESH FOOD AND GROCERY ITEMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Frederick Jackson President | OfficerTrustee | 2 | $0 |
Judy Mead Vice President | OfficerTrustee | 2 | $0 |
John Sullivan Secretary / Treasurer | OfficerTrustee | 2 | $0 |
Dennis Phelps Executive Director | Officer | 4 | $0 |
Christine Lathrop Comptroller | Officer | 4 | $0 |
Alexandra Allen Director | Trustee | 2 | $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 | $36,515 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $36,515 |
| Total Program Service Revenue | $435,386 |
| Investment income | $14 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $75,928 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $547,948 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| 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 | $40,815 |
| Pension plan accruals and contributions | $1,517 |
| Other employee benefits | $13 |
| Payroll taxes | $7,824 |
| 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 | $0 |
| Advertising and promotion | $130 |
| Office expenses | $2,623 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $36,822 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $1,605 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $123,022 |
| Insurance | $57,679 |
| All other expenses | $8,511 |
| Total functional expenses | $578,829 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $199,995 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $10,059 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $41,100 |
| Prepaid expenses and deferred charges | $24,928 |
| Net Land, buildings, and equipment | $3,318,260 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $163,040 |
| Total assets | $3,757,382 |
| Accounts payable and accrued expenses | $9,109 |
| 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 | $312,423 |
| Total liabilities | $321,532 |
| Net assets without donor restrictions | $3,435,850 |
| Net assets with donor restrictions | $0 |
| 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 | $3,757,382 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Trehab Associates Inc has recieved totaling $15,000.
| Awarding Organization | Amount |
|---|---|
Allone Charities Wilkesbarre, PA PURPOSE: HOUSING AND REVITALIZATION EFFORTS | $15,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Strs Ohio Tx Real Estate Investments Inc Columbus, OH | $220,303,180 | $20,609,768 |
Keystone Florida Property Holding Corp Harrisburg, PA | $157,175,881 | $17,315,641 |
156 West 106th Street Holding Corp New York, NY | $627,698 | $10,000,000 |
University At Albany Bioscience Development Corporation Albany, NY | $44,515,468 | $7,817,426 |
Tgm Realty Corp 20 New York, NY | $499,485,449 | $22,200,197 |
Bit Holdings Three Inc Baltimore, MD | $969,623,957 | $40,242,400 |
Vertex Non Profit Holdings Inc Fairmont, WV | $32,441,063 | $3,635,457 |
Columbus Association Of Realtors Columbus, OH | $9,934,028 | $6,554,174 |
Realty Advisory Board On Labor Relations Incorporated New York, NY | $24,561,185 | $8,236,641 |
Dhu Realty Corp New York, NY | $1,097,719 | $3,124,620 |
Carmel Mountain Apartments Inc Princeton, NJ | $126,463,068 | $7,869,627 |
Holy Spirit Corporation Hershey, PA | $30,669,518 | $4,832,377 |