Belonging To Each Other Inc
- Assets
- $1.5m
- Revenue
- $1.6m
- Investments
- $0.0
- Employees
- 9
- Location
- Falmouth, MA
- Founding
- 02/2017
- Data as of
- 05/2024
- EIN
- 81-3692267
Organization Overview
Belonging To Each Other Inc is located in Falmouth, MA. The organization was established in 2017. According to its NTEE Classification (L41) the organization is classified as: Homeless Shelters, under the broad grouping of Housing & Shelter and related organizations. As of 05/2024, Belonging To Each Other Inc employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Belonging To Each Other 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 05/2024, Belonging To Each Other Inc generated $1.6m in total revenue. All expenses for the organization totaled $484.8k during the year ending 05/2024. While expenses have increased by 56.0% per year over the past 5 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
BELONGING TO EACH OTHER, INC. PROVIDES LOVING SUPPORT AND GUIDANCE TO OUR FALMOUTH MASS NEIGHBORS AS THEY TRANSITION TO STABLE HOUSING. THIS INCLUDES TEMPORARY COLD-WEATHER HOUSING AND YEAR-ROUND HOUSING STABILIZATION SERVICES, AND NUTRITIONAL SUPPORT OF EMERGENCY SHELTERS IN FALMOUTH FOR PEOPLE LIVING OUTDOORS DURING EXTREME WINTER WEATHER.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OUR RESIDENTIAL PROGRAM PROVIDED 2025 NIGHTS OF FREE, WARM HOUSING TO 24 INDIVIDUALS IN THE SIX COLDEST- WEATHER MONTHS. RESIDENTS ARE PROVIDED WITH TRANSPORTATION, ACCESS TO INTERNET, PHONE AND COMPUTERS, AND CONNECTION TO FOOD, HEALTH CARE AND OTHER NEEDED SERVICES WHILE THEY ADDRESSED THEIR UNIQUE ISSUES IN GETTING AND KEEPING AFFORDABLE, STABLE HOUSING. RESIDENTS AND OTHER FALMOUTH-CONNECTED PEOPLE EXPERIENCING HOMELESSNESS ARE PROVIDED WITH FREE RE-HOUSING SERVICES USING VOLUNTEERS AND PROFESSIONAL STAFF KNOWABLE ABOUT LOCAL SERVICES AND HOUSING OPERATIONS FOR INDIVIDUALS WITH LOW INCOME AND/OR SPECIAL NEEDS. THESE SERVICES ARE AVAILABLE YEAR- ROUND. BTEO ALSO SUPPORTS THE IN FROM THE STREETS PROGRAM IN FALMOUTH AS IT PROVIDES A MOTEL-BASED SAFETY-NET IN FALMOUTH DURING FREEZING WEATHER. INDIVIDUALS IN FALMOUTH OBTAINED 1330 NIGHTS OF EMERGENCY SHELTER, WITH 3990 MEALS WERE PREPARED AND DELIVERED BY BTEO VOLUNTEERS AND STAFF. BTEO PROGRAM STAFF HELPED THE LOCAL EMERGENCY SERVICES NETWORK FIND AND PLACE ELIGIBLE FALMOUTH PEOPLE, SOME OF WHOM LATER MOVED INTO OUR RESIDENTIAL PROGRAM AND ON TO STABLE HOUSING.
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 |
|---|---|---|---|
Christina Williams Board Chair | OfficerTrustee | 10 | $0 |
Dana Mohler-Faria Vice Chair | OfficerTrustee | 10 | $0 |
Dan Persechini Treasurer | OfficerTrustee | 10 | $0 |
Lynn O'neill Director | Trustee | 2 | $0 |
Christina Hepner Brodie Clerk | OfficerTrustee | 4 | $0 |
Merrill Blum Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $23,652 |
| Related organizations | $0 |
| Government grants | $1,354,071 |
| All other contributions, gifts, grants, and similar amounts not included above | $153,610 |
| Noncash contributions included in lines 1a–1f | $38,754 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,531,333 |
| Total Program Service Revenue | $18,072 |
| Investment income | $13,784 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $9,921 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,573,210 |
| 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 | $243,235 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $4,250 |
| Payroll taxes | $25,585 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $27,996 |
| Fees for services: Accounting | $6,585 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $22,754 |
| Advertising and promotion | $2,591 |
| Office expenses | $24,799 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $58,795 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $1,184 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $5,626 |
| Insurance | $6,691 |
| All other expenses | $9,073 |
| Total functional expenses | $484,834 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $14,911 |
| Savings and temporary cash investments | $309,349 |
| Pledges and grants receivable | $52,986 |
| 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 | $4,328 |
| Net Land, buildings, and equipment | $1,008,821 |
| Investments—publicly traded securities | $5,259 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $77,376 |
| Total assets | $1,473,030 |
| Accounts payable and accrued expenses | $20,040 |
| 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 | $161,190 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $6,438 |
| Total liabilities | $187,668 |
| Net assets without donor restrictions | $1,173,463 |
| Net assets with donor restrictions | $111,899 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $1,473,030 |