Mccurdy Senior Housing Corporation
- Assets
- $2.4m
- Revenue
- $2.0m
- Investments
- $0.0
- Employees
- 1
- Location
- Belle Glade, FL
- Founding
- 02/2004
- Data as of
- 12/2021
- 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 12/2021, Mccurdy Senior Housing Corporation generated $2.0m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 63.8% each year . All expenses for the organization totaled $1.2m during the year ending 12/2021. While expenses have increased by 54.6% per year over the past 7 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
2021
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.
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 |
|---|---|---|---|
Joseph Glucksman Outgoing President | Officer | 20 | $260,000 |
Dr Sam Glucksman Outgoing Vice President | OfficerTrustee | 0.5 | $0 |
Albert Dowdell Secretary | Trustee | 0.5 | $0 |
Barbara Bell-Spence Chairwoman | Trustee | 0.5 | $0 |
Jean Chase Treasurer | Trustee | 0.5 | $0 |
Mary Quinn 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 | $2,037,340 |
| Investment income | $0 |
| 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 | $2,037,340 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $1,260 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $260,000 |
| 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 | $603,366 |
| Payroll taxes | $12,709 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $206,655 |
| Advertising and promotion | $0 |
| Office expenses | $86,925 |
| Information technology | $2,191 |
| Royalties | $0 |
| Occupancy | $7,076 |
| Travel | $245 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $650 |
| Interest | $4,019 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $15,628 |
| Insurance | $884 |
| All other expenses | $0 |
| Total functional expenses | $1,223,307 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $679,999 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $200,222 |
| 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 | $8,519 |
| Net Land, buildings, and equipment | $48,552 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $75,485 |
| Intangible assets | $0 |
| Other assets | $1,397,821 |
| Total assets | $2,410,598 |
| Accounts payable and accrued expenses | $8,035 |
| 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 | $31 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $915,259 |
| Total liabilities | $923,325 |
| 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 | $1,487,273 |
| Total liabilities and net assets/fund balances | $2,410,598 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Mccurdy Senior Housing Corporation has recieved totaling $88,115.
| Awarding Organization | Amount |
|---|---|
Palm Beach County Food Bank Inc Lake Worth, FL PURPOSE: Unrestricted Support | $88,115 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Sarasota Manatee Jewish Housing Council Inc Sarasota, FL | $25,733,958 | $18,693,648 |
Carpenters Home Estates Inc Lakeland, FL | $64,229,461 | $19,045,367 |
Menorah Manor Inc St Petersburg, FL | $10,980,323 | $18,960,308 |
Central Georgia Senior Health Inc Macon, GA | $135,213,897 | $22,356,882 |
Penney Retirement Community Inc Penney Farms, FL | $61,971,655 | $17,793,426 |
Lutheran Haven Oviedo, FL | $50,707,135 | $14,795,966 |
Florida Presbyterian Homes Inc Lakeland, FL | $60,980,180 | $17,797,628 |
Westminster Shores Inc Orlando, FL | $96,015,943 | $14,266,347 |
Christian City Inc Union City, GA | $27,522,237 | $12,222,387 |
South Georgia Health Alliance Inc Valdosta, GA | $7,119,537 | $11,380,468 |
Ponce Plaza Inc N Miami Beach, FL | $19,791,935 | $11,830,534 |
Canterbury Towers Inc Tampa, FL | $26,732,225 | $9,784,634 |