Home For Aged Women Inc
- Assets
- $16.3m
- Revenue
- $12.1m
- Investments
- $0.0
- Employees
- 188
- Location
- Wilmington, DE
- Founding
- 02/1957
- Data as of
- 12/2022
- EIN
- 51-0075766
Organization Overview
Home For Aged Women Inc, operating under the name Gilpin Hall, is located in Wilmington, DE. The organization was established in 1957. According to its NTEE Classification (P75) the organization is classified as: Supportive Housing for Older Adults, under the broad grouping of Human Services and related organizations. As of 12/2022, Gilpin Hall employed 188 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Gilpin Hall 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, Gilpin Hall generated $12.1m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.2%) each year. All expenses for the organization totaled $13.1m during the year ending 12/2022. 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 ORGANIZATION IS DEDICATED TO ENHANCING THE QUALITY OF LIFE OF ELDERLY RESIDENTS AND DAY-PROGRAM PARTICIPANTS BY PROVIDING A SECURE AND CARING ENVIRONMENT IN A FAMILY SETTING, WITHIN THE CONTEXT OF THE LARGER COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION PROVIDES (1) ASSISTED CARE FOR RESIDENTS REQUIRING MINIMAL ASSISTANCE. SERVICES INCLUDE PERSONAL CARE, MEDICATION ADMINISTRATION, NUTRITIONAL CARE, SOCIALIZATION, 24-HOUR ON CALL NURSING CARE, HOUSEKEEPING AND LAUNDRY SERVICES; (2) INTERMEDIATE AND SKILLED NURSING CARE. SERVICES INCLUDE 24-HOUR NURSING CARE, MEDICAL SUPERVISION, ASSISTANCE WITH ACTIVITIES OF DAILY LIVING, NUTRITIONAL CARE, SOCIALIZATION, HOUSEKEEPING AND LAUNDRY SERVICES, PHYSICAL/OCCUPATIONAL/SPEECH THERAPY, HOUSEKEEPING AND LAUNDRY SERVICES; AND (3) ADULT DAY PROGRAM FOR MEMBERS OF THE COMMUNITY REQUIRING A SECURE AND CARING ENVIRONMENT IN A MEDICAL MODEL SETTING.CARE DAYS FOR 2020 ARE: ASSISTED CARE - 3,748; INTERMEDIATE AND SKILLED NURSING CARE - 31,151; AND ADULT DAY PROGRAM - 813.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Paul Guggenberger President | OfficerTrustee | 5 | $0 |
Daniel Wolcott Vice President | OfficerTrustee | 5 | $0 |
Stephen P Clark Treasurer | OfficerTrustee | 5 | $0 |
Anthony R D'amato Jr Assistant Treasurer | OfficerTrustee | 5 | $0 |
Matthew C Smith Secretary | OfficerTrustee | 5 | $0 |
Harvey C Smith Jr Immediate Past President | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $820,311 |
| All other contributions, gifts, grants, and similar amounts not included above | $12,940 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $833,251 |
| Total Program Service Revenue | $10,969,360 |
| Investment income | $252,760 |
| 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 | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $12,107,445 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $90,541 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $232,912 |
| Compensation of current officers, directors, key employees. | $34,937 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $5,781,955 |
| Pension plan accruals and contributions | $100,000 |
| Other employee benefits | $554,303 |
| Payroll taxes | $440,885 |
| Fees for services: Management | $55,530 |
| Fees for services: Legal | $18,344 |
| Fees for services: Accounting | $78,677 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $562,031 |
| Advertising and promotion | $0 |
| Office expenses | $667,063 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $271,238 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $17,583 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $718,511 |
| Insurance | $353,617 |
| All other expenses | $80,084 |
| Total functional expenses | $13,076,380 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,035,456 |
| Savings and temporary cash investments | $9,500 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $997,080 |
| 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 | $66,830 |
| Net Land, buildings, and equipment | $5,802,608 |
| Investments—publicly traded securities | $8,409,669 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $16,321,143 |
| Accounts payable and accrued expenses | $843,144 |
| 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 | $263,704 |
| Other liabilities | $44,005 |
| Total liabilities | $1,150,853 |
| Net assets without donor restrictions | $15,170,290 |
| 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 | $16,321,143 |