Harford Senior Housing Inc
- Assets
- $1.3m
- Revenue
- $1.5m
- Investments
- $0.0
- Employees
- 6
- Location
- Bel Air, MD
- Founding
- 04/1979
- Data as of
- 09/2023
- EIN
- 52-1056462
Organization Overview
Harford Senior Housing Inc is located in Bel Air, MD. The organization was established in 1979. According to its NTEE Classification (L21) the organization is classified as: Low-Income & Subsidized Rental Housing, under the broad grouping of Housing & Shelter and related organizations. As of 09/2023, Harford Senior Housing Inc employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Harford Senior Housing Inc 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 09/2023, Harford Senior Housing Inc generated $1.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.8% each year. All expenses for the organization totaled $1.1m during the year ending 09/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE HOUSING FOR THE LOW-INCOME ELDERLY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE CORPORATION OWNS AN APARTMENT COMPLEX OF 133 UNITS WHICH PROVIDES HOUSING FACILITIES FOR THE LOW-INCOME ELDERLY. THE COMPLEX IS OPERATED PURSUANT TO SECTION 202 OF THE NATIONAL HOUSING ACT AND PARTICIPATES IN THE SECTION 8 HOUSING ASSISTANCE PAYMENT PROGRAM. SUCH FACILITIES ARE REGULATED BY HUD AS TO RENT CHARGES AND OPERATING METHODS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carol Lienhard President | OfficerTrustee | 1 | $0 |
James Macgill Vice President | OfficerTrustee | 1 | $0 |
John A Blomquist Secretary/treasurer | OfficerTrustee | 1 | $0 |
Sandra Brooks Director | Trustee | 1 | $0 |
Paula Etting Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $932,550 |
| 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 | $932,550 |
| Total Program Service Revenue | $563,499 |
| Investment income | $90 |
| 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 | $1,496,139 |
| 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 | $295,408 |
| Pension plan accruals and contributions | $14,400 |
| Other employee benefits | $46,759 |
| Payroll taxes | $23,191 |
| Fees for services: Management | $109,136 |
| Fees for services: Legal | $4,730 |
| Fees for services: Accounting | $48,173 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $379 |
| Office expenses | $86,055 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $339,104 |
| 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 | $93,708 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $1,064,371 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $80,009 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $38,014 |
| 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 | $18,745 |
| Net Land, buildings, and equipment | $939,983 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $270,222 |
| Total assets | $1,346,973 |
| Accounts payable and accrued expenses | $114,670 |
| Grants payable | $0 |
| Deferred revenue | $9,082 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $58,195 |
| 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 | $181,947 |
| Net assets without donor restrictions | $1,165,026 |
| 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 | $1,346,973 |