Mendham Area Senior Housing Corporation
- Assets
- $965.1k
- Revenue
- $322.8k
- Investments
- $0.0
- Employees
- 9
- Location
- Mendham, NJ
- Founding
- 07/1980
- Data as of
- 12/2021
- EIN
- 22-2135618
Organization Overview
Mendham Area Senior Housing Corporation is located in Mendham, NJ. The organization was established in 1980. 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. As of 12/2021, Mendham Area Senior Housing Corporation employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mendham Area Senior Housing Corporation 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, Mendham Area Senior Housing Corporation generated $322.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.6% each year. All expenses for the organization totaled $389.2k during the year ending 12/2021. While expenses have increased by 1.4% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
OPERATING LOW INCOME SENIOR CITIZEN HOUSING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MENDHAM AREA SENIOR HOUSING, INC. (MASH) IS A NOT FOR PROFIT ORGANIZATION THAT OPERATES AFFORDABLE HOUSING FOR SENIORS AND ADULTS WITH A DISABILITY IN MORRIS COUNTY NJ. MASH ALSO PROVIDES OUTREACH FOR SENIOR TRANSPORTATION SERVICES TO THE DOCTOR'S OFFICE AND GROCERY SHOPPING TARGETED FOR SENIOR RESIDENTS OF THE MENDHAM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kevin Wood Treasurer | OfficerTrustee | 1 | $0 |
Mary Alice Horn President | OfficerTrustee | 1 | $0 |
Mary Cavuto Vice President | OfficerTrustee | 1 | $0 |
Keith Gianakopoulos Trustee | Trustee | 1 | $0 |
Joseph Durso Trustee | Trustee | 1 | $0 |
Dennis Kwasnik Trustee | 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 | $42,213 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $42,213 |
| Total Program Service Revenue | $273,329 |
| Investment income | $3,604 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $3,003 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $322,804 |
| 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 | $93,053 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $1,301 |
| Payroll taxes | $8,091 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $365 |
| Fees for services: Accounting | $8,913 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,114 |
| Advertising and promotion | $0 |
| Office expenses | $8,669 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $32,861 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $10,820 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $94,969 |
| Insurance | $32,401 |
| All other expenses | $16,014 |
| Total functional expenses | $389,171 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $31,356 |
| Savings and temporary cash investments | $99,544 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $584 |
| 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 | $11,789 |
| Net Land, buildings, and equipment | $585,583 |
| Investments—publicly traded securities | $130,027 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $106,178 |
| Total assets | $965,061 |
| Accounts payable and accrued expenses | $17,661 |
| 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 | $1,138,446 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $22,643 |
| Total liabilities | $1,178,750 |
| Net assets without donor restrictions | -$399,278 |
| Net assets with donor restrictions | $185,589 |
| 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 | $965,061 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Mendham Area Senior Housing Corporation has recieved totaling $7,500.
| Awarding Organization | Amount |
|---|---|
Fidelity Investments Charitable Gift Fund Boston, MA PURPOSE: For grant recipient's exempt purposes | $7,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Cedar Crest Village Llc Pompton Plains, NJ | $458,841,206 | $94,228,748 |
Ann S Choice Inc Warminster, PA | $390,463,878 | $78,899,329 |
Acts Retirement Services Inc Fort Washington, PA | $53,774,543 | $61,999,737 |
Lantern Hill Inc New Providence, NJ | $464,665,892 | $49,148,353 |
Whitemarsh Continuing Care Retirement Community Lafayette Hill, PA | $237,675,792 | $39,315,037 |
New York Foundation For Senior Citizens Home Attendant Services I New York, NY | $24,976,445 | $43,263,283 |
Caringhouse Projects Incorporated Pleasantville, NJ | $35,651,045 | $47,839,367 |
Concordia Lutheran Ministries Of Pittsburgh Pittsburgh, PA | $101,461,859 | $42,844,424 |
Sjf Ccrc Inc Voorhees, NJ | $105,324,676 | $30,989,570 |
Hudson Lutheran Housing Corporation Secaucus, NJ | $0 | $195,483 |
Active Retirement Community Inc South Setauket, NY | $204,676,750 | $34,139,621 |
Lutheran Home For The Aged Erie, PA | $0 | $39,821,403 |