Seabury Residents Association Inc
- Assets
- $73.2k
- Revenue
- $173.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Bloomfield, CT
- Founding
- Data as of
- 09/2024
- EIN
- 88-1948647
Organization Overview
Seabury Residents Association Inc is located in Bloomfield, CT. 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. Seabury Residents Association 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 09/2024, Seabury Residents Association Inc generated $173.7k in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 9.7% each year. All expenses for the organization totaled $242.1k during the year ending 09/2024. 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
TO PROVIDE ENRICHMENT TO THE SEABURY'S INC RESIDENTS, A FACILITY PROVIDING ASSISTED LIVING, SKILLED NURSING, AND MEMORY CARE, INCLUDING ENTERTAINMENT, ENHANCEMENT OF FACILITIES, INTELLECTUAL PROGRAMS, COMMUNITY OUTREACH, MONETARY RECOGNITION OF EMPLOYEES AND SHOPPING OPPORTUNITIES. ACTIVITIES CONDUCTED BY VOLUNTEERS WITHIN AND OUTSIDE THE COMMUNITY. ACTIVITIES CONDUCTED BOTH WITHIN THE COMMUNITY AND OUTSIDE THE COMMUNITY AS APPROPRIATE. THE CORPORATION OPERATES ENCORE, A THRIFT STORE THAT ACCEPTS DONATIONS AND RESELLS GOODS IN ORDER TO RAISE FUNDS TO SUPPORT THE ORGANIZATION. THE STORE IS OPEN APPROXIMATELY 5 HOURS EVERY OTHER WEEK AND ACCEPTS DONATIONS AT A SET TIME OUTSIDE OF NORMAL OPERATING HOURS. ACTIVITIES ARE FUNDED THROUGH DONATIONS FROM INDIVIDUAL DONATIONS, CORPORATE DONATIONS AND PROFITS FROM THE OPERATION OF THE CORPORATION RUNENCORE, THRIFT STORE. THROUGH DONATIONS AND EARNINGS FROM ENCORE, THE CORPORATION IS ABLE TO ENHANCE THE QUALITY OF LIFE WITHIN THE RESIDENT CMTY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE ENRICHMENT TO THE SEABURY'S INC RESIDENTS, A FACILITY PROVIDING ASSISTED LIVING, SKILLED NURSING, AND MEMORY CARE, INCLUDING ENTERTAINMENT, ENHANCEMENT OF FACILITIES, INTELLECTUAL PROGRAMS, COMMUNITY OUTREACH AND MONETARY RECOGNITION OF EMPLOYEES.
ENCORE SHOP - RESIDENTS DONATE UNWANTED CLOTHES AND/OR MISCELLANOUS HOUSEHOLD GOODS FOR RESALE TO OTHER RESIDENTS AND OTHER MEMBERS OF THE COMMUNITY. THE ENCORE SHOP PROVIDES SHOPPING OPPORTUNITIES AND GENERATES INCOME TO SUPPORT PROFESSIONAL PROGRAMS AND OTHER ACTIVITIES TO ENHANCE THE LIVING EXPERIENCES OF THE RESIDENTS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Louise Fisher President | OfficerTrustee | 5 | $0 |
Rob Titus Vice President | OfficerTrustee | 5 | $0 |
Carol Matzke Secretary | OfficerTrustee | 5 | $0 |
Sheila Denion Assistant Secretary | OfficerTrustee | 5 | $0 |
Bob Perkins Treasurer | OfficerTrustee | 5 | $0 |
Phil Gardner Assistant Treasurer | OfficerTrustee | 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 | $144,966 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $144,966 |
| Total Program Service Revenue | $27,604 |
| Investment income | $1,158 |
| 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 | $173,728 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $217,799 |
| 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 | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,350 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $2,364 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $1,798 |
| Total functional expenses | $242,139 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $73,181 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $73,181 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $73,181 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $73,181 |