Bell House Inc
- Assets
- $11.2k
- Revenue
- $6.9k
- Investments
- $0.0
- Employees
- 1
- Location
- Greensboro, NC
- Founding
- 07/1976
- Data as of
- 09/2019
- EIN
- 56-1145963
Organization Overview
Bell House Inc is located in Greensboro, NC. The organization was established in 1976. 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. Bell House 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 09/2019, Bell House Inc generated $6.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (56.5%) each year. All expenses for the organization totaled $1.8m during the year ending 09/2019. 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
2019
Describe the Organization's Mission:
Part 3 - Line 1
RENT/BOARD/CARE OF ADULTS WITH PHYSICAL DISABILITIES
Describe the Organization's Program Activity:
Part 3 - Line 4a
BELL HOUSE HAS DISCONTINUED OPERATIONS. CASH AND BUILDINGS WERE GRANTED TO GOVERNMENTAL AND 501(C)(3) CHARITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Arnie Thompson Treasurer | OfficerTrustee | 0 | $0 |
John Murray President | OfficerTrustee | 0 | $0 |
Pamela Barrett Board Member | Trustee | 0 | $0 |
Bob Losyk Board Member | Trustee | 0 | $0 |
Ellen Pancoast Board Member | Trustee | 0 | $0 |
Frankie Jones Board Member | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Investment income | $262 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $515 |
| Net Gain/Loss on Asset Sales | $6,105 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $6,882 |
| Statement of Expenses | |
|---|---|
| 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 to disqualified persons | $0 |
| Other salaries and wages | $1,783 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $240 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $11,519 |
| Fees for services: Accounting | $6,706 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $13,000 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $9,151 |
| 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 | $17,198 |
| Insurance | $4,700 |
| All other expenses | $0 |
| Total functional expenses | $1,785,465 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $9,656 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,509 |
| 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 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $11,165 |
| 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 | $11,165 |
| 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 |
| Total liabilities and net assets/fund balances | $11,165 |
Grants Awarded
Over the last fiscal year, Bell House Inc has awarded $1,714,092 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
Greensboro, NC PURPOSE: GENERAL SUPPORT | $787,046 |
High Point, NC PURPOSE: GENERAL SUPPORT | $772,046 |
Greensboro, NC PURPOSE: DESIGNATED FOR THE ROTARY CAROUSEL | $75,000 |
Whitsett, NC PURPOSE: GENERAL SUPPORT | $50,000 |
Greensboro, NC PURPOSE: DESIGNATED FOR THE PEDIATRIC COMPLEX CARE PROGRAM FUND | $15,000 |
GREENSBORO AQUATIC CENTER PURPOSE: GENERAL SUPPORT | $10,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Bell House Inc has recieved totaling $57,996.
| Awarding Organization | Amount |
|---|---|
United Way Of Greater Greensboro Inc Greensboro, NC PURPOSE: CHARITABLE | $57,996 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Choanoke Area Development Assoc Rich Square, NC | $3,243,319 | $10,393,050 |
Association For Retarded Citizens Housing Development Services Inc Greensboro, NC | $38,855,283 | $9,434,004 |
Twin Rivers Opportunities Inc New Bern, NC | $1,111,953 | $5,873,122 |
John Sparks Manor Inc Union City, GA | $0 | $5,675,234 |
Larry Moore Manor Inc Union City, GA | $0 | $4,277,912 |
Lewinsville Retirement Residence McLean, VA | $23,915,511 | $4,142,115 |
Rhg-Afforable Housing Ii Inc Atlanta, GA | $13,550,062 | $7,175,901 |
Broadway Towers Inc Atlanta, GA | $17,531,706 | $3,119,210 |
Partners In Hope Inc Myrtle Beach, SC | $10,489,405 | $3,015,967 |
C O R E Programs Inc Charlotte, NC | $3,904,146 | $3,649,405 |
Santee Lynches Affordable Housing And Community Development Corp Sumter, SC | $22,034,704 | $3,598,391 |
Clairmont Oaks Inc Decatur, GA | $12,058,022 | $3,642,909 |