Sholom St Paul Senior Housing Inc
- Assets
- $5.0m
- Revenue
- $400.6k
- Investments
- $0.0
- Employees
- 0
- Location
- St Paul, MN
- Founding
- 12/2006
- Data as of
- 09/2023
- EIN
- 20-4844785
Organization Overview
Sholom St Paul Senior Housing Inc, operating under the name Harry & Jeanette Weinberg Apts, is located in St Paul, MN. The organization was established in 2006. 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. Harry & Jeanette Weinberg Apts 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 09/2023, Harry & Jeanette Weinberg Apts generated $400.6k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.7% each year. All expenses for the organization totaled $489.2k during the year ending 09/2023. While expenses have increased by 1.0% per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE LOW INCOME HOUSING AND RELATED SERVICES TO SENIOR CITIZENS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SHOLOM ST. PAUL SENIOR HOUSING OPERATES A 45-UNIT HUD FACILITY PROVIDING LOW INCOME HOUSING AND RELATED SERVICES TO SENIOR CITIZENS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Macdonald President | OfficerTrustee | 1 | $0 |
Jon Gordon Vice President/secretary | OfficerTrustee | 1 | $0 |
David Nirenstein Treasurer | OfficerTrustee | 1 | $0 |
Paul Benenson Director | Trustee | 1 | $0 |
Doug Weissman Director | Trustee | 1 | $0 |
Jerry Rudick Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| 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 | $0 |
| Total Program Service Revenue | $382,303 |
| Investment income | $15,166 |
| 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 | $400,648 |
| 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 | $51,015 |
| Pension plan accruals and contributions | $57 |
| Other employee benefits | $10,784 |
| Payroll taxes | $3,995 |
| Fees for services: Management | $39,032 |
| Fees for services: Legal | $500 |
| Fees for services: Accounting | $12,483 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $37,315 |
| Advertising and promotion | $268 |
| Office expenses | $7,999 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $139,617 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $146 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $181,480 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $489,169 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $22,766 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,332 |
| 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 | $505 |
| Net Land, buildings, and equipment | $4,469,888 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $472,445 |
| Total assets | $4,966,936 |
| Accounts payable and accrued expenses | $98,225 |
| Grants payable | $0 |
| Deferred revenue | $1,135 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $15,475 |
| 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 | $5,686,770 |
| Total liabilities | $5,801,605 |
| Net assets without donor restrictions | -$834,669 |
| 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 | $4,966,936 |