Interseminarian-Project Place Inc
- Assets
- $3.5m
- Revenue
- $3.5m
- Investments
- $0.0
- Employees
- 128
- Location
- Boston, MA
- Founding
- 08/1969
- Data as of
- 06/2022
- EIN
- 04-2457732
Organization Overview
Interseminarian-Project Place Inc is located in Boston, MA. The organization was established in 1969. According to its NTEE Classification (P85) the organization is classified as: Homeless Centers, under the broad grouping of Human Services and related organizations. As of 06/2022, Interseminarian-Project Place Inc employed 128 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Interseminarian-Project Place 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 06/2022, Interseminarian-Project Place Inc generated $3.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.4% each year. All expenses for the organization totaled $3.5m during the year ending 06/2022. While expenses have increased by 2.7% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
SUPPORTING HOMELESS MEN AND WOMEN WITH THEIR TRANSITION TO PERMANENT HOUSING AND EMPLOYMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CLIENT SERVICES: SERVICES FOR CLIENTS AND ALUMNI THAT ARE DESIGNED TO AUGMENT AND ENCOURAGE PEOPLES' EFFORTS TO OBTAIN HOUSING AND EMPLOYMENT. SERVICES INCLUDE: CASE MANAGEMENT, COMPUTER TRAINING, CAREER SERVICES AND EDUCATIONAL SERVICES.
EDUCATION: DEVELOPED TO IMPACT LONG-TERM CHANGE INCLUDING EDUCATIONAL ASSESSMENTS, COACHING AND CLASSROOM INSTRUCTION. CURRICULUM INCLUDES READING, WRITING, MATH, ORAL COMMUNICATION AND CRITICAL THINKING SKILLS. INDIVIDUALIZED TUTORING IS ALSO AVAILABLE
JOB TRAINING AND EMPLOYMENT: THE AGENCY'S SOCIAL ENTERPRISES PROVIDE TRANSITIONAL EMPLOYMENT TO INDIVIDUALS IN MICRO-BUSINESS WHILE THEY RECEIVE TRAINING AND SUPPORT TO IMPROVE THEIR FUTURE EMPLOYMENT MARKETABILITY. PARTICIPANTS ARE PROVIDED PAID ON THE JOB TRAINING AS WELL AS CLIENT SERVICES BETWEEN 90 AND 180 DAYS.
HOUSING: THE PROGRAMS ARE DESIGNED TO PROVIDE TEMPORARY HOUSING AND SUPPLEMENTAL SERVICES HELPING CLIENTS TRANSITION INTO PERMANENT HOUSING AND SELF-SUFFICIENCY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Aaryn Manning Executive Director | Officer | 35 | $125,000 |
Alan Lehmann Dir Of Finance & Social En | Officer | 35 | $122,039 |
Heather Wells Clerk | OfficerTrustee | 1 | $0 |
Tara Alex Treasurer | OfficerTrustee | 1 | $0 |
Mary Kelleher President | OfficerTrustee | 1 | $0 |
Eileen Connors Vice President | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Community Work Services Program Support | 6/29/15 | $128,405 |
Accounting Management Solutions Acctg,it,mgmnt,admin | 6/29/15 | $110,098 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $2,018,965 |
| All other contributions, gifts, grants, and similar amounts not included above | $900,002 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,918,967 |
| Total Program Service Revenue | $590,756 |
| Investment income | $19,875 |
| 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 | $3,542,625 |
| 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. | $267,528 |
| Compensation of current officers, directors, key employees. | $94,440 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,059,074 |
| Pension plan accruals and contributions | $9,499 |
| Other employee benefits | $217,532 |
| Payroll taxes | $173,485 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $44,450 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $119,160 |
| Advertising and promotion | $0 |
| Office expenses | $131,267 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $142,073 |
| Travel | $6,175 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,737 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $45,686 |
| Insurance | $51,151 |
| All other expenses | $27,860 |
| Total functional expenses | $3,504,278 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $555,293 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $521,941 |
| 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 | $71,772 |
| Net Land, buildings, and equipment | $93,784 |
| Investments—publicly traded securities | $2,127,983 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $120,000 |
| Total assets | $3,490,773 |
| Accounts payable and accrued expenses | $171,993 |
| Grants payable | $0 |
| Deferred revenue | $96,659 |
| 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 | $620,523 |
| Total liabilities | $889,175 |
| Net assets without donor restrictions | $2,278,690 |
| Net assets with donor restrictions | $322,908 |
| 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 | $3,490,773 |
Grants Recieved
Over the last fiscal year, we have identified 8 grants that Interseminarian-Project Place Inc has recieved totaling $240,084.
| Awarding Organization | Amount |
|---|---|
Hartford Foundation For Public Giving Hartford, CT PURPOSE: HUMAN SERVICES | $87,340 |
Liberty Mutual Foundation Inc Boston, MA PURPOSE: WORKFORCE DEVELOPMENT PROGRAM | $40,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: HUMAN SERVICES | $30,108 |
Libra Foundation Inc Delray Beach, FL PURPOSE: GENERAL CHARITABLE PURPOSES | $30,000 |
Anna B Stearns Charitable Foundation Inc Boston, MA PURPOSE: GENERAL PURPOSES | $23,000 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $19,525 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Massachusetts Housing And Shelter Alliance Inc Boston, MA | $14,798,705 | $19,380,328 |
Crossroads Rhode Island Providence, RI | $33,809,846 | $18,689,220 |
Saint Francis House Inc Boston, MA | $32,573,863 | $23,473,154 |
Emmaus Inc Haverhill, MA | $9,664,001 | $8,628,211 |
Housing Families Inc Malden, MA | $3,872,051 | $8,658,783 |
Broadway Housing Communities Inc New York, NY | $14,007,162 | $9,859,889 |
Connecticut Coalition To End Homelessness Inc Hartford, CT | $5,519,613 | $6,168,107 |
Polish Community Center Of Buffalo Inc Buffalo, NY | $10,138,351 | $5,590,948 |
Somerville Homeless Coalition Incorporated Somerville, MA | $2,665,813 | $5,904,274 |
Bronx Family Network Inc Yonkers, NY | $2,952,904 | $4,637,229 |
Homeless And Travelers Aid Society Albany, NY | $1,583,992 | $3,957,646 |
Interseminarian-Project Place Inc Boston, MA | $3,490,773 | $3,542,625 |