The Pelhman Corporation

Organization Overview

The Pelhman Corporation is located in Braintree, MA. The organization was established in 1991. According to its NTEE Classification (L20) the organization is classified as: Housing Development, Construction & Management, under the broad grouping of Housing & Shelter and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Pelhman Corporation 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, Pelhman Corporation generated $5.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.5% each year. All expenses for the organization totaled $5.1m during the year ending 12/2021. While expenses have increased by 6.4% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO MAKE AFFORDABLE HOUSING AVAILABLE TO PERSONS OF LOW AND MODERATE INCOME.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO MAKE AFFORDABLE HOUSING AVAILABLE TO PERSONS OF LOW AND MODERATE INCOME.


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Board, Officers & Key Employees

Name (title)Compensation
Marvin M Siflinger
Chairman
$0
Robert E Engler
President
$0
Philip Giffee
Clerk
$0
Jeanne Strickland
Treasurer
$0
Joann Barbour
Trustee
$0
Brian Engler
Trustee
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Nobel Company Inc
Painting
$210,387
Corcoran Management Company
Property Management/bookkeeping
$295,005
Stack Plumbing Heating & Gasfitting
Plumbing & Heating
$125,247
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $3,407,450
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$3,407,450
Total Program Service Revenue$2,146,918
Investment income $1,114
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 $5,628,066

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