New England Homes For The Deaf Inc
- Assets
- $9.6m
- Revenue
- $6.9m
- Investments
- $0.0
- Employees
- 138
- Location
- Danvers, MA
- Founding
- 01/2003
- Data as of
- 12/2021
- EIN
- 04-2104760
Organization Overview
New England Homes For The Deaf Inc is located in Danvers, MA. The organization was established in 2003. According to its NTEE Classification (P87) the organization is classified as: Deaf & Hearing Impaired Centers, under the broad grouping of Human Services and related organizations. As of 12/2021, New England Homes For The Deaf Inc employed 138 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New England Homes For The Deaf 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 12/2021, New England Homes For The Deaf Inc generated $6.9m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.0% each year. All expenses for the organization totaled $6.5m during the year ending 12/2021. While expenses have increased by 4.5% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION'S MISSION IS TO PROVIDE COMMUNICATION, ACCESSIBLE HOUSING, HEALTH CARE, SOCIAL SUPPORT AND RECREATIONAL ACTIVITIES FOR DEAF & DEAF/BLIND PEOPLE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RESIDENTIAL AND NURSING CARE FOR THE DEAF - OPERATION OF A 70-BED NURSING FACILITY, CONSISTING OF 30 SKILLED NURSING BEDS AND 40 RESIDENTIAL CARE BEDS, LOCATED IN DANVERS, MASSACHUSETTS WHICH PROVIDES RESIDENTIAL CARE AND SKILLED NURSING CARE FOR PEOPLE WHO ARE DEAF, DEAF/BLIND, OR HARD OF HEARING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Chuck Crush Executive Director | 37 | $94,258 | |
Stephen L Sacco Chairman | OfficerTrustee | 4.5 | $0 |
George H Balsley Co-Vice Chair | OfficerTrustee | 0.8 | $0 |
Daniel Trombley Treasurer | OfficerTrustee | 2.7 | $0 |
Jessica L Fox Secretary | OfficerTrustee | 0.8 | $0 |
J William Lassetter Trustee | Trustee | 0.8 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $15,616 |
| Related organizations | $0 |
| Government grants | $837,678 |
| All other contributions, gifts, grants, and similar amounts not included above | $182,954 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,036,248 |
| Total Program Service Revenue | $5,760,854 |
| Investment income | $28,675 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $27,920 |
| Net Income from Fundraising Events | $24,901 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $6,932,368 |
| 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. | $94,258 |
| Compensation of current officers, directors, key employees. | $94,258 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,454,177 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $376,785 |
| Payroll taxes | $334,951 |
| Fees for services: Management | $11,800 |
| Fees for services: Legal | $36,120 |
| Fees for services: Accounting | $28,900 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $7,167 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $107,456 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $295,030 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $134,207 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $332,028 |
| Insurance | $122,024 |
| All other expenses | $535,834 |
| Total functional expenses | $6,521,630 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $452,310 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $788,453 |
| 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 | $35,106 |
| Net Land, buildings, and equipment | $5,903,382 |
| Investments—publicly traded securities | $2,264,736 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $132,614 |
| Total assets | $9,576,601 |
| Accounts payable and accrued expenses | $531,686 |
| Grants payable | $0 |
| Deferred revenue | $308,884 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $131,614 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $2,734,096 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $3,706,280 |
| Net assets without donor restrictions | $5,738,382 |
| Net assets with donor restrictions | $131,939 |
| 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 | $9,576,601 |
Grants Recieved
Over the last fiscal year, we have identified 8 grants that New England Homes For The Deaf Inc has recieved totaling $93,594.
| Awarding Organization | Amount |
|---|---|
Oneworld Boston Inc Woburn, MA PURPOSE: COMMUNITY HEALTHCARE PROGRAM | $65,000 |
George P Bishop Foundation Inc Newburyport, MA PURPOSE: PROVIDE LONG TERM HEALTHCARE HOUSING RECREATIONAL ACTIVITIES AND SOCIAL SUPPORT FOR THE DEAF. | $10,000 |
Peoples United Community Foundation Of Eastern Massachusetts Inc Wilmington, DE PURPOSE: ON-SITE FITNESS CENTER FUND | $6,000 |
Agespan Inc Lawrence, MA PURPOSE: AMERICAN SIGN LANGUAGE ACCESSIBILITY | $5,752 |
East Boston Saving Bank Charitable Foundation Inc Rockland, MA PURPOSE: EXEMPT PURPOSES | $5,000 |
Salem Five Charitable Foundation Inc Salem, MA PURPOSE: EXEMPT PURPOSES | $1,600 |
Endowment Analysis
| Beg. Balance | $122,745 |
| Earnings | -$1,652 |
| Net Contributions | $110,900 |
| Other Expense | $100,054 |
| Ending Balance | $131,939 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
New England Homes For The Deaf Inc Danvers, MA | $9,576,601 | $6,932,368 |
Family Voices Lexington, MA | $1,810,265 | $2,806,651 |
Northeast Deaf & Hard Hearing Services Inc Concord, NH | $597,296 | $1,159,149 |
Whole Me Inc Syracuse, NY | $750,186 | $591,947 |
Our Deaf Survivors Center Inc Worcester, MA | $7,957 | $207,004 |
Life Sounds Audiology Inc Amherst, NY | $27,858 | $0 |
Inter-Actions Adapted Activities Community Access & Socialization North Hampton, NH | $65,949 | $0 |
Bay State Equine Rescue Inc Oakham, MA | $684,599 | $267,623 |
Friends Of Autistic People Greenwich, CT | $125,146 | $0 |
National Family Association For Deaf-Blind Inc Sands Point, NY | $153,480 | $0 |
The Jewish Deaf Foundation Inc Spring Valley, NY | $584 | $0 |
Registry Of Interpreters For The Deaf Rochester, NY | $15,375 | $0 |