Snhs Elderly Housing Vi Inc
- Assets
- $2.1m
- Revenue
- $190.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Manchester, NH
- Founding
- 02/2007
- Data as of
- 06/2022
- EIN
- 20-4462309
Organization Overview
Snhs Elderly Housing Vi Inc is located in Manchester, NH. The organization was established in 2007. According to its NTEE Classification (L21) the organization is classified as: Low-Income & Subsidized Rental Housing, 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. Snhs Elderly Housing VI 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 06/2022, Snhs Elderly Housing VI Inc generated $190.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.7% each year. All expenses for the organization totaled $289.9k during the year ending 06/2022. While expenses have increased by 3.4% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE HOUSING FOR LOW INCOME ELDERLY PEOPLE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROGRAM PROVIDES HOUSING FOR ELDERLY AND LOW INCOME PEOPLE.
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 |
|---|---|---|---|
Gregory Schneider Secretary | OfficerTrustee | 2 | $0 |
Donnalee Lozeau Chairman | OfficerTrustee | 2 | $0 |
James Chaisson Treasurer | OfficerTrustee | 2 | $0 |
Ryan Clouthier Vice Chairman | OfficerTrustee | 2 | $0 |
Cara Aliberti Trustee | Trustee | 2 | $0 |
Regina Buteua Trustee | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $105,047 |
| 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 | $105,047 |
| Total Program Service Revenue | $85,635 |
| Investment income | $56 |
| 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 | $190,738 |
| 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 | $38,225 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $14,346 |
| Payroll taxes | $2,868 |
| Fees for services: Management | $16,071 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $6,750 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $75 |
| Office expenses | $389 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $73,875 |
| Insurance | $5,346 |
| All other expenses | $10,541 |
| Total functional expenses | $289,882 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $19,836 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $134 |
| 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 | $4,105 |
| Net Land, buildings, and equipment | $1,942,129 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $85,789 |
| Total assets | $2,051,993 |
| Accounts payable and accrued expenses | $70,739 |
| Grants payable | $0 |
| Deferred revenue | $134 |
| 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 | $2,711,900 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $7,026 |
| Total liabilities | $2,789,799 |
| Net assets without donor restrictions | -$737,806 |
| 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 | $2,051,993 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Community Builders Inc Boston, MA | $148,217,575 | $87,790,279 |
Harbor Homes Inc Nashua, NH | $29,802,318 | $34,009,669 |
Coastal Enterprises Inc Brunswick, ME | $100,877,671 | $43,453,136 |
New Communities Inc Westbrook, ME | $21,168,953 | $23,774,102 |
Cambridge Affordable Housing Corporation Cambridge, MA | $128,682,054 | $13,147,216 |
Avesta Housing Development Corporation Portland, ME | $69,411,595 | $13,114,873 |
Fit-Nhnh Inc Manchester, NH | $20,051,648 | $10,413,245 |
Cambridge Community Housing Development Inc Cambridge, MA | $56,982,552 | $7,704,327 |
Evernorth Burlington, VT | $26,020,823 | $8,207,006 |
Mishawum Park Tenants Association Inc Braintree, MA | $36,767,027 | $4,697,884 |
The Housing Foundation Incorporated Montpelier, VT | $36,391,565 | $7,466,947 |
2life Partners Inc Brighton, MA | $42,841,795 | $8,582,335 |