New London Seniors Housing Inc
- Assets
- $129.1k
- Revenue
- $58.8k
- Investments
- $0.0
- Employees
- 2
- Location
- New London, MO
- Founding
- 04/1976
- Data as of
- 12/2022
- EIN
- 51-0187579
Organization Overview
New London Seniors Housing Inc is located in New London, MO. The organization was established in 1976. 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. As of 12/2022, New London Seniors Housing Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New London Seniors Housing Inc is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2022, New London Seniors Housing Inc generated $58.8k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.9% each year. All expenses for the organization totaled $62.6k during the year ending 12/2022. While expenses have increased by 1.7% per year over the past 8 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE THE GENERAL SOCIAL WELFARE OF THE COMMUNITY AND FOR THAT PURPOSE TO ACQUIRE, CONSTRUCT, PROVIDE AND OPERATE RENTAL HOUSING TO ELIGIBLE OCCUPANTS AS DETERMINED BY FARMERS HOME ADMINISTRATION REGULATIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
LOW INCOME HOUSING FOR QUALIFIED RENTERS - 16 UNITS
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Wayne Lake Vice President | OfficerTrustee | 1 | $0 |
Janie White President | OfficerTrustee | 1 | $0 |
Amanda Briscoe Secy/treasurer | OfficerTrustee | 10 | $0 |
David Briscoe Board Member | Trustee | 1 | $0 |
Lori Means Board Member | Trustee | 1 | $0 |
Marilyn Powell Board Member | 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 | $57,106 |
| Investment income | $24 |
| 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 | $58,753 |
| 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 | $11,936 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $981 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,575 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $110 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $18,576 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $235 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $10,262 |
| Insurance | $7,988 |
| All other expenses | $2,942 |
| Total functional expenses | $62,565 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $12,702 |
| Savings and temporary cash investments | $20,794 |
| 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 | $95,582 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $129,078 |
| Accounts payable and accrued expenses | $14 |
| 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 | $32,974 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $4,085 |
| Total liabilities | $37,073 |
| Net assets without donor restrictions | $76,107 |
| Net assets with donor restrictions | $15,898 |
| 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 | $129,078 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Wesley Manor Retirement Community Inc Louisville, KY | $9,224,359 | $9,135,157 |
Washington And Jane Smith Home Chicago, IL | $45,946,166 | $12,016,022 |
St Luke Homes & Services Inc Spencer, IA | $9,786,466 | $9,281,620 |
Scottish Rite Park Inc Des Moines, IA | $25,028,424 | $10,213,355 |
Christian Homes Inc Holdrege, NE | $8,366,128 | $8,435,147 |
Paramount Community Living And Rehab Inc Newton, KS | $2,665,986 | $11,089,315 |
Affordable Community Housing Trust Edmond, OK | $11,053,886 | $6,287,831 |
Lodge Of Northbrook Inc Omaha, NE | $63,030,538 | $7,547,151 |
Bethany North Suburban Group Glenview, IL | $25,298,657 | $7,708,577 |
Ascension Living Via Christi Village Georgetown St Louis, MO | $14,604,169 | $4,861,607 |
Friends Of Kansas Christian Home Inc Newton, KS | $5,987,619 | $6,752,198 |
Neighborhood Finance Corporation Des Moines, IA | $90,667,439 | $8,973,423 |