Hearth Inc
- Assets
- $193.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Boston, MA
- Founding
- 05/1994
- Data as of
- 12/2022
- EIN
- 22-3135170
Organization Overview
Hearth Inc is located in Boston, MA. The organization was established in 1994. According to its NTEE Classification (L20) the organization is classified as: Housing Development, Construction & Management, under the broad grouping of Housing & Shelter and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Hearth 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 12/2022, Hearth Inc generated $90.3k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.4%) each year. All expenses for the organization totaled $157.4k during the year ending 12/2022. 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
2022
Describe the Organization's Program Activity:
Part 3
OPERATES NINE UNITS OF HOUSING FOR FORMERLY HOMELESS ELDERLY WOMEN
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 |
|---|---|---|---|
Kevin Mccall Board Member | 0.1 | $0 | |
Diana Kelly Board Member | 0.1 | $0 | |
Alan Abrams Board Member | 0.1 | $0 | |
Ramesh Advani Board Member | 0.1 | $0 | |
Jennifer Bottomley Board Member | 0.1 | $0 | |
Rebecca Tyler Brown Board Member | 0.1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $88,589 |
| Membership dues | $0 |
| Investment income | $11 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $1,695 |
| Total Revenue | $90,295 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $18,178 |
| Professional fees and other payments to independent contractors | $1,640 |
| Occupancy, rent, utilities, and maintenance | $107,647 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $29,973 |
| Total expenses | $157,438 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $2,725 |
| Other assets | $0 |
| Total assets | $193,716 |
| Total liabilities | $327,529 |
| Net assets or fund balances | -$133,813 |