Sutton Residence For Women In Peabody
- Assets
- $1.5m
- Revenue
- $314.8k
- Investments
- $1.2m
- Employees
- 0
- Location
- Peabody, MA
- Founding
- 02/1935
- Data as of
- 12/2020
- EIN
- 04-2105954
Organization Overview
Sutton Residence For Women In Peabody is located in Peabody, MA. The organization was established in 1935. According to its NTEE Classification (P75) the organization is classified as: Supportive Housing for Older Adults, 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. Sutton Residence For Women In Peabody 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 12/2020, Sutton Residence For Women In Peabody generated $314.8k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 0.1% each year. All expenses for the organization totaled $409.3k during the year ending 12/2020. While expenses have increased by 0.6% 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2020
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATING A HOME FOR THE AGED
OPERATING A HOME FOR THE AGED
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Barbara Amos Home Director | 40 | $86,800 | |
Mr David Moniz Director | 0.05 | $0 | |
Mr Mrs C Alan Svenson Director | 0.5 | $0 | |
Susan Smith Clerk/ Director | 0.25 | $0 | |
Mr Mrs Jack Ward Director | 0.05 | $0 | |
Mr Mrs Roland Cherwek Director | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $2 |
| Dividends & Interest | $72,917 |
| Net Rental Income | $223,686 |
| Net Gain on Sale of Assets | $18,208 |
| Capital Gain Net Income | $18,208 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $314,813 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $99,300 |
| Other employee salaries and wages | $169,022 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $23,705 |
| Depreciation | $27,749 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $86,325 |
| Total operating and administrative expenses | $409,051 |
| Contributions, gifts, grants paid | $250 |
| Total expenses and disbursements | $409,301 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $18,828 |
| Savings and temporary cash investments | $48,346 |
| 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 | $0 |
| Net Land, buildings, and equipment | $300,138 |
| Other assets | $0 |
| Total assets | $1,537,268 |
| 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 | $58,228 |
| Total liabilities | $58,228 |
Grants Awarded
Over the last fiscal year, Sutton Residence For Women In Peabody has awarded $500 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
PARKINSONS FOUNDATION PURPOSE: TO SUPPORT THE PARKINGSONS FOUNDATION IN MEMORY OF RESIDENTS | $150 |
PARKINSONS FOUNDATION PURPOSE: TO SUPPORT THE PARKINGSONS FOUNDATION IN MEMORY OF RESIDENTS | $150 |
Peabody, MA PURPOSE: TO SUPPORT THE COUNCIL ON AGING | $100 |
Peabody, MA PURPOSE: TO SUPPORT THE COUNCIL ON AGING | $100 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Sutton Residence For Women In Peabody has recieved totaling $3,000.
| Awarding Organization | Amount |
|---|---|
Salem Five Charitable Foundation Inc Salem, MA PURPOSE: EXEMPT PURPOSES | $3,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Newbridge On The Charles Inc Boston, MA | $302,355,064 | $54,466,975 |
Old Colony Elder Services Inc Brockton, MA | $21,708,151 | $57,499,133 |
Masonicare Health Center Wallingford, CT | $30,328,856 | $51,314,223 |
Trustees Of The Masonic Hall And Asylum Fund New York, NY | $379,711,052 | $51,080,560 |
New York Armenian Home Inc Forest Hills, NY | $920,237 | $91,924 |
The Riverwoods Company At Exeter New Hampshire Exeter, NH | $189,550,060 | $45,820,937 |
North Hill Needham Inc Needham, MA | $218,215,357 | $46,801,004 |
Church Home Of Hartford Bloomfield, CT | $129,665,157 | $38,203,395 |
Church Homes Inc Congregational Hartford, CT | $66,814,716 | $47,094,677 |
Carleton Willard Homes Inc Bedford, MA | $84,483,009 | $38,647,048 |
The Gerry Homes Gerry, NY | $84,710,797 | $32,122,668 |
Fallon Health Weinberg Inc Getzville, NY | $39,412,564 | $35,899,883 |