Seabury Charitable Foundation Inc
- Assets
- $6.9m
- Revenue
- $643.0k
- Investments
- $2.5m
- Employees
- 0
- Location
- Bloomfield, CT
- Founding
- 11/1996
- Data as of
- 09/2022
- EIN
- 06-1458630
Organization Overview
Seabury Charitable Foundation Inc is located in Bloomfield, CT. The organization was established in 1996. According to its NTEE Classification (L22) the organization is classified as: Senior Citizens Housing & Retirement Communities, 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. Seabury Charitable Foundation 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, Seabury Charitable Foundation Inc generated $643.0k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 18.5% each year . All expenses for the organization totaled $500.1k during the year ending 09/2022. While expenses have increased by 2.2% 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
TO UPHOLD, PROMOTE AND FURTHER THE WELFARE AND ACTIVITIES OF SEABURY, INC. AND ITS SUBSIDIARIES, CHURCH HOME OF HARTFORD INCORPORATED ("CHHI") AND SEABURY AT HOME INCORPORATED ("SAHI").
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO SUPPORT CHURCH HOME OF HARTFORD, INC. WHICH OPERATES A HEALTH CARE AND INDEPENDENT LIVING COMMUNITY FOR THE ELDERLY AS WELL AS AN ASSISTED LIVING ALZHEIMER FACILITY. CHURCH HOME OF HARTFORD, INC. IS AFFILIATED WITH THE EPISCOPAL DIOCESE OF CONNECTICUT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Monique R Polidoro Chair | OfficerTrustee | 0.3 | $0 |
Marian Moore Secretary And Treasurer | OfficerTrustee | 0.3 | $0 |
Renee J Bernasconi President | Officer | 0.3 | $0 |
David Crombie Member | Trustee | 0.3 | $0 |
Janet Jones Member | Trustee | 0.3 | $0 |
Dougie Trumble Member | Trustee | 0.3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $69,879 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $150,488 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $220,367 |
| Total Program Service Revenue | $0 |
| Investment income | $101,476 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $322,129 |
| Net Income from Fundraising Events | -$1,006 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $642,966 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $269,325 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,050 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $42,891 |
| Fees for services: Other | $0 |
| Advertising and promotion | $11,343 |
| Office expenses | $4,694 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $5,848 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $5,183 |
| Insurance | $6,173 |
| All other expenses | $0 |
| Total functional expenses | $500,067 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $22,622 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $68,888 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $52,600 |
| Investments—publicly traded securities | $4,247,033 |
| Investments—other securities | $2,461,062 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $6,852,205 |
| Accounts payable and accrued expenses | $16,449 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $189,469 |
| Total liabilities | $205,918 |
| Net assets without donor restrictions | $6,523,010 |
| Net assets with donor restrictions | $123,277 |
| 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 | $6,852,205 |
Grants Awarded
Over the last fiscal year, Seabury Charitable Foundation Inc has awarded $260,933 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Bloomfield, CT PURPOSE: RESIDENT SCHOLARSHIPS AND OTHER CHARITABLE | $230,302 |
Bloomfield, CT PURPOSE: RESIDENT SCHOLARSHIPS AND OTHER CHARITABLE | $30,631 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Seabury Charitable Foundation Inc has recieved totaling $100.
| Awarding Organization | Amount |
|---|---|
Barnabas Foundation Inc Tariffville, CT PURPOSE: FOR SERVICES BENEFITING THE COMMUNITY | $100 |
Endowment Analysis
| Beg. Balance | $5,532,519 |
| Earnings | -$986,159 |
| Net Contributions | $246,260 |
| Other Expense | $545,587 |
| Ending Balance | $4,247,033 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Brooksby Village Inc Peabody, MA | $455,308,698 | $77,450,637 |
Linden Ponds Inc Hingham, MA | $366,102,829 | $68,847,923 |
New York Foundation For Senior Citizens Home Attendant Services I New York, NY | $24,976,445 | $43,263,283 |
Active Retirement Community Inc South Setauket, NY | $204,676,750 | $34,139,621 |
Mclean Affiliates Inc Simsbury, CT | $119,028,138 | $28,380,962 |
Israel Senior Citizens Housing Development Fund Corp New York, NY | $56,551,856 | $8,736,330 |
Woodland Pond Inc New Paltz, NY | $75,307,773 | $23,806,053 |
Lasell Village Inc Auburndale, MA | $102,869,314 | $21,782,150 |
Colgate Palmolive Post Retirement Veba Tr New York, NY | $1,964,886 | $6,599,849 |
Orchard Park Ccrc Inc Orchard Park, NY | $79,217,375 | $18,334,727 |
Christopher House Inc Worcester, MA | $11,659,464 | $17,133,392 |
Firemens Association Of The State Of New York Albany, NY | $46,544,668 | $18,019,275 |