Abbey Residences Inc is located in Canandaigua, NY. The organization was established in 1988. According to its NTEE Classification (P73) the organization is classified as: Group Homes, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Abbey Residences 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 12/2021, Abbey Residences Inc generated $112.4k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.2% each year. All expenses for the organization totaled $74.9k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
ABBEY RESIDENCES OWNS AND OPERATES A TEN UNIT APARTMENT COMPLEX PROVIDING SUPERVISED LIVING FACILITIES FOR DEVELOPMENTALLY DISABLED PERSONS. APPROXIMATELY 10 RESIDENTS SERVED.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Elizabeth Palmatier Secretary | 1 | $0 | |
Kathryn Wegman Treasurer | 1 | $0 | |
Patrick Boyle Vice-President | 1 | $0 | |
Lynne Erdle President | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $112,410 |
Membership dues | $0 |
Investment income | $18 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $112,428 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $13,180 |
Professional fees and other payments to independent contractors | $2,000 |
Occupancy, rent, utilities, and maintenance | $18,646 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $41,118 |
Total expenses | $74,944 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $23,842 |
Other assets | $0 |
Total assets | $184,840 |
Total liabilities | $160,963 |
Net assets or fund balances | $23,877 |
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