St Thomas More Housing Inc Tr
- Assets
- $436.7k
- Revenue
- $26.0k
- Investments
- $189.8k
- Employees
- 0
- Location
- Bethel Park, PA
- Founding
- 11/1996
- Data as of
- 12/2022
- EIN
- 25-6452447
Organization Overview
St Thomas More Housing Inc Tr is located in Bethel Park, PA. The organization was established in 1996. 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. St Thomas More Housing Inc Tr 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 12/2022, St Thomas More Housing Inc Tr generated $26.0k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (2.3%) each year. All expenses for the organization totaled $21.5k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (2.5%) per year over the past 8 years. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF ST. THOMAS MORE HOUSING, INC. TRUST (THE TRUST) IS TO PROVIDE SUPPORT TO ST. THOMAS MORE HOUSING, INC. (A LOW INCOME HOUSING UNIT), WHILE RECOGNIZING AND SUPPLEMENTING THE NEEDS OF THE CHARITABLE ORGANIZATIONS WHO CARE FOR THE UNDERSERVED IN OUR COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DURING 2022, THE ORGANIZATION MADE THE FOLLOWING GRANTS:(1) $10,000 TO ST. ANTHONY SCHOOL FOR SCHOLARSHIPS.(2) $5,000 TO THE SISTERS OF ST. JOSEPH TO SUPPORT THE MINISTRY.
THIS ORGANIZATION PROVIDES SUPPORT TO THE RESIDENTS OF ST. THOMAS MORE HOUSING, INC. (A LOW INCOME HOUSING UNIT), BY SUPPLEMENTING THEIR NEEDS FOR ADDITIONAL SERVICES SUCH AS MASSAGE SERVICES & TAI CHI INSTRUCTION. BOTH ARE USED FOR STRESS REDUCTION AND A VARIETY OF OTHER HEALTH CONDITIONS. TAI CHI PROMOTES GENTLE PHYSICAL EXERCISE, AND HAS VALUE IN TREATING OR PREVENTING MANY HEALTH PROBLEMS (USED AS AN ADJUNCT TO STANDARD MEDICAL TREATMENT FOR THE PREVENTION AND REHABILITATION OF MANY CONDITIONS COMMONLY ASSOCIATED WITH AGE).
THE ORGANIZATION PROVIDED A JUBILEE CELEBRATORY DINNER FOR RETIRING SISTER CECELIA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William Batz Trustee | Trustee | 1 | $0 |
Vita Fontana Trustee | Trustee | 1 | $0 |
Fred Kraft Trustee | Trustee | 1 | $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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Investment income | $7,201 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $18,768 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $25,969 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $15,000 |
| 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 | $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 | $1,385 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $3,378 |
| Fees for services: Other | $1,702 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| 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 | $67 |
| Total functional expenses | $21,532 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,390 |
| Savings and temporary cash investments | $2,939 |
| 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 | $241,620 |
| Investments—other securities | $189,774 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $436,723 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| 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 | $436,723 |
| Total liabilities and net assets/fund balances | $436,723 |
Grants Awarded
Over the last fiscal year, St Thomas More Housing Inc Tr has awarded $15,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
ST ANTHONY CHARITABLE FOUNDATION PURPOSE: GRANT TO PROVIDE SCHOLARSHIPS FOR STUDENTS IN NEED | $10,000 |
SISTERS OF ST JOSEPH PURPOSE: TO SUPPORT THE MINISTRY OF THE SISTERS OF ST. JOSEPH | $5,000 |