Assisi Housing Corporation
- Assets
- $2.6m
- Revenue
- $207.4k
- Investments
- $0.0
- Employees
- 0
- Location
- New Bedford, MA
- Founding
- 03/1946
- Data as of
- 06/2022
- EIN
- 80-0662126
Organization Overview
Assisi Housing Corporation is located in New Bedford, MA. The organization was established in 1946. According to its NTEE Classification (L50) the organization is classified as: Homeowners & Tenants Associations, under the broad grouping of Housing & Shelter and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Assisi 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 06/2022, Assisi Housing Corporation generated $207.4k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (0.1%) each year. All expenses for the organization totaled $313.3k during the year ending 06/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE HOUSING FACILITIES TO INCOME ELIGIBLE INDIVIDUALS AND FAMILIES INTENDED TO MEET THEIR PHYSICAL, SOCIAL, ECONOMIC AND PSYCHOLOGICAL NEEDS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE CLEAN, SAFE AND AFFORDABLE HOUSING UNITS TO 19 FAMILIES WITH LOW OR MODERATE INCOMES AND PROVIDED SUPPORTIVE SERVICES TO THESE FAMILIES.
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 |
|---|---|---|---|
Edgar M Da Cunha President Treasurer And Dire | OfficerTrustee | 0.1 | $0 |
Kevin Kiley Clerk | OfficerTrustee | 0.1 | $0 |
Nancy Lawson Executive Director | Officer | 5 | $0 |
Mary Lou Frias Member | Trustee | 0.1 | $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 | $206,456 |
| 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 | $207,421 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $6,343 |
| Fees for services: Management | $15,000 |
| Fees for services: Legal | $2,488 |
| Fees for services: Accounting | $15,885 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $72,323 |
| Advertising and promotion | $0 |
| Office expenses | $2,182 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $59,851 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $13,921 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $95,148 |
| Insurance | $15,289 |
| All other expenses | $0 |
| Total functional expenses | $313,257 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $56,019 |
| 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 | $0 |
| Net Land, buildings, and equipment | $2,338,851 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $231,957 |
| Total assets | $2,626,827 |
| Accounts payable and accrued expenses | $14,817 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $1,508 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $2,951,349 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $2,967,674 |
| 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 | -$340,847 |
| Total liabilities and net assets/fund balances | $2,626,827 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Miriam Osborn Memorial Home Association Rye, NY | $165,989,645 | $45,008,516 |
Roc Usa Llc Concord, NH | $163,263,242 | $13,007,393 |
Womens Prison Association And Home New York, NY | $6,652,586 | $9,309,545 |
Homes For The Homeless Institute Inc New York, NY | $69,885,275 | $9,054,313 |
Initiative For A Competitive Inner City Inc Roxbury, MA | $11,137,097 | $6,700,624 |
Spring Meadows Association Of Responsible Tenants Inc Springfield, MA | $14,323,481 | $4,117,328 |
St Vincents Development Inc Trumbull, CT | $27,854,287 | $3,404,975 |
Mutual Housing Association Of Greater Hartford Inc Hartford, CT | $35,173,874 | $3,634,828 |
Homeownership Affordability Trust Fund Providence, RI | $111,238,696 | $1,978,717 |
Urban Homeownership Corp New York, NY | $1,496,101 | $1,881,775 |
Building Owners And Managers Association Of Greater New York B New York, NY | $3,005,269 | $2,303,444 |
Newvue Affordable Housing Corporation Fitchburg, MA | $9,905,411 | $1,607,987 |