Cape Elizabeth Home
- Assets
- $1.7m
- Revenue
- $59.8k
- Investments
- $1.6m
- Employees
- 0
- Location
- South Portland, ME
- Founding
- 12/1960
- Data as of
- 12/2023
- EIN
- 01-0238086
Organization Overview
Cape Elizabeth Home is located in South Portland, ME. The organization was established in 1960. According to its NTEE Classification (P81) the organization is classified as: Senior Centers, 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. Cape Elizabeth Home 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 12/2023, Cape Elizabeth Home generated $59.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (16.0%) each year. All expenses for the organization totaled $90.1k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (13.0%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Cape Elizabeth Home has awarded 26 individual grants totaling $340,655. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATION OF AN ELDERLY CARE FACILITY
OPERATION OF AN ELDERLY CARE FACILITY
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 |
|---|---|---|---|
K Scott Berry President | 1 | $0 | |
William J Gilchrest Treasurer | 10 | $0 | |
Paulette Parker Director | 1 | $0 | |
Rita M Farry Director | 1 | $0 | |
Martha Duncan Secretary | 1 | $0 | |
Carolyn M Carson Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $44,280 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $15,485 |
| Capital Gain Net Income | $15,485 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $59,765 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,709 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,426 |
| Total operating and administrative expenses | $19,408 |
| Contributions, gifts, grants paid | $70,655 |
| Total expenses and disbursements | $90,063 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $52,354 |
| Net Accounts receivable | $0 |
| 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 | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $1,598,999 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,651,353 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Cape Elizabeth Home has awarded $70,655 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
SOUTHERN MAINE AGENCY ON AGING PURPOSE: TO QUICKLY RESPOND TO THE CRITICAL NEEDS OF THOUSANDS OF OLDER ADULTS IN SOUTHERN MAINE | $10,000 |
CITY OF SOUTH PORTLAND PURPOSE: FOR THE COMMUNITY SERVICES PROGRAM | $5,000 |
HOSPICE OF SOUTHERN MAINE PURPOSE: CARE FOR SENIORS IN SCARBOROUGH, SOUTH PORTLAND, AND CAPE ELIZABETH | $5,000 |
VOLUNTEERS OF AMERICA PURPOSE: FOR THE COMMUNITY SERVICES PROGRAM | $7,500 |
ISLAND COMMONS RESOURCE CENTER PURPOSE: FOR THE COMMUNITY SERVICES PROGRAM | $10,000 |
EASTERN AREA AGENCY ON AGING PURPOSE: FOR THE COMMUNITY SERVICES PROGRAM | $11,180 |