Scott Elderly Housing Development Corporation
- Assets
- $4.7m
- Revenue
- $419.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Scott, LA
- Founding
- 04/1988
- Data as of
- 06/2022
- EIN
- 72-1098373
Organization Overview
Scott Elderly Housing Development Corporation is located in Scott, LA. The organization was established in 1988. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Scott Elderly Housing Development 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 06/2022, Scott Elderly Housing Development Corporation generated $419.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.3% each year. All expenses for the organization totaled $541.2k during the year ending 06/2022. While expenses have increased by 0.6% 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE AFFORDABLE HOUSING FOR THE ELDERLY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Inez Sam Director | 0 | $0 | |
Ray Bias Vice Preside | 0 | $0 | |
Jennifer Nugent President | 0 | $0 | |
Linda Granger Director | 0 | $0 | |
Michael Hebert Treasurer | 0 | $0 | |
Natalie Johnson Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $218 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $419,030 |
| Total Revenue | $419,248 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $136,055 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $163,699 |
| Occupancy | $46,068 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $195,393 |
| Total operating and administrative expenses | $541,215 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $541,215 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $30,212 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $30,639 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $5,772 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $4,404,548 |
| Other assets | $222,267 |
| Total assets | $4,693,438 |
| Accounts payable and accrued expenses | $1,287 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $37,219 |
| Total liabilities | $38,506 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
National Campus And Community Development Corporation Inc Austin, TX | $887,216,722 | $73,390,968 |
Highland Springs Inc Dallas, TX | $511,119,867 | $65,778,330 |
Buckner Retirement Services Inc Dallas, TX | $144,152,515 | $58,030,892 |
Eagles Trace Inc Houston, TX | $392,478,600 | $52,950,819 |
Presbyterian Village North Dallas, TX | $220,743,885 | $46,469,442 |
Buckner Senior Living Inc Dallas, TX | $215,344,263 | $20,049,948 |
The Legacy Midtown Park Inc Dallas, TX | $173,980,133 | $7,399,995 |
Bst Senior Living West Inc San Antonio, TX | $112,083,644 | $24,466,156 |
Incarnate Word Retirement Community Inc San Antonio, TX | $10,969,268 | $19,152,851 |
Woldenberg Village Inc New Orleans, LA | $27,827,418 | $14,584,574 |
Bst Senior Living East Inc San Antonio, TX | $59,251,034 | $9,119,781 |
George Gervin Youth Center Inc San Antonio, TX | $26,261,586 | $16,043,559 |