Cross Roads House Inc
- Assets
- $9.1m
- Revenue
- $3.6m
- Investments
- $0.0
- Employees
- 47
- Location
- Portsmouth, NH
- Founding
- 07/1986
- Data as of
- 06/2022
- EIN
- 22-2549963
Organization Overview
Cross Roads House Inc is located in Portsmouth, NH. The organization was established in 1986. According to its NTEE Classification (L41) the organization is classified as: Homeless Shelters, under the broad grouping of Housing & Shelter and related organizations. As of 06/2022, Cross Roads House Inc employed 47 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cross Roads House 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, Cross Roads House Inc generated $3.6m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 16.3% each year . All expenses for the organization totaled $2.9m during the year ending 06/2022. While expenses have increased by 10.9% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE SHELTER TO HOMELESS
Describe the Organization's Program Activity:
Part 3 - Line 4a
PURPOSE IS TO PROVIDE SAFE AND SUPPORTIVE EMERGENCY HOUSING TO INDIVIDUALS AND FAMILIES EXPERIENCING HOMELESSNESS.
PROVIDING LOW INCOME SINGLE UNIT RENTAL APARTMENTS
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 |
|---|---|---|---|
Michael Adams Board Member | Trustee | 1 | $0 |
Robert Bear Board Member | Trustee | 1 | $0 |
Chris Bellmare Board Member | Trustee | 1 | $0 |
Suzanne Bresette Board Member | Trustee | 1 | $0 |
Lisa Clark Board Member | Trustee | 1 | $0 |
Ken Cohen Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,917,718 |
| Investment income | $48,760 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $492,669 |
| Net Income from Gaming Activities | $62,381 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,626,882 |
| Statement of Expenses | |
|---|---|
| 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 to disqualified persons | $0 |
| Other salaries and wages | $921,857 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $127,007 |
| Payroll taxes | $135,109 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $31,488 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $79,310 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $257,846 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $29,621 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $190,156 |
| Insurance | $64,812 |
| All other expenses | $0 |
| Total functional expenses | $2,892,623 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,849,937 |
| Pledges and grants receivable | $111,568 |
| Accounts receivable, net | $6,301 |
| 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 | $48,006 |
| Investments—publicly traded securities | $2,056,884 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $2,448 |
| Other assets | $144,467 |
| Total assets | $9,120,003 |
| Accounts payable and accrued expenses | $88,383 |
| Grants payable | $0 |
| Deferred revenue | $150,000 |
| 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 | $536,047 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $774,430 |
| Net assets without donor restrictions | $8,104,338 |
| Net assets with donor restrictions | $241,235 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $8,345,573 |