Lawrence Model Lodging Housing Tr
- Assets
- $938.7k
- Revenue
- $142.3k
- Investments
- $745.0k
- Employees
- 0
- Location
- Boston, MA
- Founding
- 08/1941
- Data as of
- 03/2024
- EIN
- 04-6034850
Organization Overview
Lawrence Model Lodging Housing Tr is located in Boston, MA. The organization was established in 1941. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lawrence Model Lodging Housing Tr 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 03/2024, Lawrence Model Lodging Housing Tr generated $142.3k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.3%) each year. All expenses for the organization totaled $64.6k during the year ending 03/2024. As we would expect to see with falling revenues, expenses have declined by (5.6%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Lawrence Model Lodging Housing Tr has awarded 96 individual grants totaling $487,807. 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.
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 |
|---|---|---|---|
Donald E Vaughan Trustee | 1 | $5,719 | |
Ashley Brooks Trustee | 1 | $4,877 | |
Peter Shapiro Trustee | 1 | $5,660 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $8,302 |
| Dividends & Interest | $28,665 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $105,284 |
| Capital Gain Net Income | $105,284 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $142,251 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $16,256 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,558 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $46 |
| Total operating and administrative expenses | $48,577 |
| Contributions, gifts, grants paid | $16,000 |
| Total expenses and disbursements | $64,577 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $193,699 |
| 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 | $324,074 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $938,711 |
| 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, Lawrence Model Lodging Housing Tr has awarded $16,000 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
ALLSTON BRIGHTON COMMUNITY DEV PURPOSE: TO HELP SUPPORT HOUSING FOR THE NEEDY | $2,500 |
BROOKVIEW HOUSE PURPOSE: TO HELP SUPPORT HOUSING FOR THE NEEDY | $2,500 |
PINE STREET INN PURPOSE: TO HELP SUPPORT HOUSING FOR THE NEEDY | $500 |
ROGERSON COMMUNITIES PURPOSE: TO HELP SUPPORT HOUSING FOR THE NEEDY | $500 |
VICTORY PROGRAMS PURPOSE: TO HELP SUPPORT HOUSING FOR THE NEEDY | $2,500 |
SOJOURNER HOUSE PURPOSE: TO HELP SUPPORT HOUSING FOR THE NEEDY | $7,500 |