Tuscan Brotherhood Homes Ii is located in Hartford, CT. The organization was established in 1989. 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. As of 12/2021, Tuscan Brotherhood Homes Ii employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Tuscan Brotherhood Homes Ii 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, Tuscan Brotherhood Homes Ii generated $1.8m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.3% each year. All expenses for the organization totaled $1.6m during the year ending 12/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
LOW INCOME AFFORDABLE HOUSING USING HUD RESOURCES
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE ELDERLY PERSONS AND ELDERLY PERSONS WHO ARE HANDICAPPED PERSONS WITH HOUSING FACILITIES & SERVICES SPECIALLY DESIGNED OT MEET THEIR PHYSICAL, SOCIAL & PSYCHOLOGICAL NEEDS, & TO PROMORE THEIR HEALTH, SECURITY, HAPPINESS & USEFULNESS IN LONGER LIVING.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Lewis Myrick Outgoing Vice President | OfficerTrustee | 1 | $0 |
Joesph Jennings President | OfficerTrustee | 1 | $0 |
William Smith Vice President | Trustee | 1 | $0 |
Lorenzo Lilly Director | Trustee | 1 | $0 |
Polean Ware Director | Trustee | 1 | $0 |
Charles Teale Director | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $1,094,749 |
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 | $1,094,749 |
Total Program Service Revenue | $642,859 |
Investment income | $15,117 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $11,398 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,806,592 |
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. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $236,975 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $13,706 |
Payroll taxes | $28,346 |
Fees for services: Management | $146,149 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $23,460 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $8 |
Office expenses | $42,592 |
Information technology | $1,129 |
Royalties | $0 |
Occupancy | $320,268 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $141,391 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $151,458 |
Insurance | $149,500 |
All other expenses | $379 |
Total functional expenses | $1,640,361 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $59,659 |
Savings and temporary cash investments | $222,158 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $132,844 |
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 | $268,731 |
Net Land, buildings, and equipment | $1,721,900 |
Investments—publicly traded securities | $0 |
Investments—other securities | $308,290 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $185,654 |
Total assets | $2,899,236 |
Accounts payable and accrued expenses | $102,342 |
Grants payable | $0 |
Deferred revenue | $37,116 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $51,148 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $3,733,472 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $3,924,078 |
Net assets without donor restrictions | -$1,024,842 |
Net assets with donor restrictions | $0 |
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 | $2,899,236 |
Organization Name | Assets | Revenue |
---|---|---|
Neville Communities Home Inc Cambridge, MA | $11,055,368 | $17,412,264 |
Affordable Housing And Services Collaborative Inc Braintree, MA | $170,389,416 | $17,704,653 |
Fairhaven Healthcare Center Inc Lowell, MA | $23,711,383 | $11,897,110 |
Jewish Federation Housing Development Fund Company Buffalo, NY | $0 | $1,951,149 |
National Affordable Housing Foundation Schenectady Inc Waltham, MA | $11,290,760 | $3,782,521 |
Neighborhood Of Affordable Housing Inc East Boston, MA | $27,971,204 | $13,300,567 |
Grand Central District Management Association Inc New York, NY | $3,484,616 | $12,729,561 |
Westbeth Corp Housing Development Fund Company Inc New York, NY | $62,389,155 | $10,191,211 |
Inquilinos Boricuas En Accion Inc Boston, MA | $173,108,948 | $16,934,744 |
Brighton Beach Housing Development Fund Company Inc New York, NY | $22,060,771 | $3,270,016 |
Milton-Fuller Housing Corporation Milton, MA | $76,615,525 | $9,254,138 |
Ndc Housing And Economic Development Corporation Brooklyn, NY | $24,571,760 | $10,401,743 |