Mccurdy Senior Housing Corporation
- Assets
- $8.4m
- Revenue
- $15.7k
- Investments
- $0.0
- Employees
- 1
- Location
- Belle Glade, FL
- Founding
- 02/2004
- Data as of
- 12/2023
- EIN
- 56-2423539
Organization Overview
Mccurdy Senior Housing Corporation is located in Belle Glade, FL. The organization was established in 2004. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mccurdy Senior Housing Corporation 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 12/2023, Mccurdy Senior Housing Corporation generated $15.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (14.6%) each year. All expenses for the organization totaled $694.8k during the year ending 12/2023. 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
AFFORDABLE HOUSING
Describe the Organization's Program Activity:
Part 3 - Line 4a
MCCURDY SENIOR HOUSING CORPORATION IS THE SOLE MEMBER OF MCCURDY SENIOR HOUSING, LLC. MCCURDY SENIOR HOUSING, LLC IS THE GENERAL PARTNER OF MCCURDY CENTER, LTD, A PARTNERSHIP THAT OWNS A LOW INCOME HOUSING PROJECT FOR SENIORS IN BELLE GLADE, FLORIDA. THE PROJECT HAS 93 ONE-BEDROOM UNITS. PROGRAM REVENUE FOR MCCURDY SENIOR HOUSING CORPORATION ARE DEVELOPMENT FEES RECEIVED FROM MCCURDY CENTER, LTD.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Albert Dowdell Director And Secretary | Trustee | 0.5 | $0 |
Barbara Bell-Spence Director And Chairperson | Trustee | 0.5 | $0 |
Dr Sam Glucksman Vice President | OfficerTrustee | 0.5 | $0 |
Jean Chase Director And Treasurer | OfficerTrustee | 0.5 | $0 |
Mary Quinn Director | Trustee | 0.5 | $0 |
Neal Bryan Director | Trustee | 0.5 | $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 | $10,388 |
| Investment income | $5,268 |
| 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 | $15,656 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $2,650 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $210,000 |
| 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 | $21 |
| Payroll taxes | $4,639 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $28,528 |
| Fees for services: Accounting | $17,665 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $20,000 |
| Advertising and promotion | $0 |
| Office expenses | $88,494 |
| Information technology | $4,940 |
| Royalties | $0 |
| Occupancy | $4,340 |
| Travel | $17,014 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $150 |
| Interest | $9,394 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $15,628 |
| Insurance | $1,009 |
| All other expenses | $0 |
| Total functional expenses | $694,757 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $65,134 |
| Savings and temporary cash investments | $0 |
| 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 | $6,553 |
| Net Land, buildings, and equipment | $17,296 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $6,894,244 |
| Intangible assets | $0 |
| Other assets | $1,398,821 |
| Total assets | $8,382,048 |
| Accounts payable and accrued expenses | $9,572 |
| 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 | $752,846 |
| Total liabilities | $762,418 |
| 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 | $7,619,630 |
| Total liabilities and net assets/fund balances | $8,382,048 |