Bacon & Hinkley Home Inc
- Assets
- $3.4m
- Revenue
- $526.6k
- Investments
- $2.8m
- Employees
- 0
- Location
- New London, CT
- Founding
- 11/1943
- Data as of
- 09/2022
- EIN
- 06-0662103
Organization Overview
Bacon & Hinkley Home Inc is located in New London, CT. The organization was established in 1943. According to its NTEE Classification (L99) the organization is classified as: Housing & Shelter N.E.C., under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bacon & Hinkley Home 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 09/2022, Bacon & Hinkley Home Inc generated $526.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (3.4%) each year. All expenses for the organization totaled $723.8k during the year ending 09/2022. 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATION OF A HOME FOR THE AGED
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 |
|---|---|---|---|
Glenna M Moalli President | 3 | $0 | |
Kerin Woods Director | 1 | $0 | |
Glenn A Hamler Director | 1 | $0 | |
Daniel E Moalli Secretary | 1 | $0 | |
Christian Driscoll Director | 1 | $0 | |
Donald Byles Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $116,060 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $132,363 |
| Capital Gain Net Income | $132,363 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $278,199 |
| Total Revenue | $526,622 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $117,260 |
| Other employee salaries and wages | $271,931 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $32,677 |
| Depreciation | $28,253 |
| Occupancy | $35,805 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $188,182 |
| Total operating and administrative expenses | $723,846 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $723,846 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $9,837 |
| Savings and temporary cash investments | $60,797 |
| Net Accounts receivable | $13,434 |
| 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 | $5,674 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $484,647 |
| Other assets | $50,000 |
| Total assets | $3,376,315 |
| Accounts payable and accrued expenses | $15,966 |
| 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 | $15,966 |