The Quadrangle
- Assets
- $3.0m
- Revenue
- $210.1k
- Investments
- $2.8m
- Employees
- 0
- Location
- Haverford, PA
- Founding
- 03/1982
- Data as of
- 12/2022
- EIN
- 23-2068432
Organization Overview
The Quadrangle, operating under the name The Quadrangle Board, is located in Haverford, PA. The organization was established in 1982. According to its NTEE Classification (P75) the organization is classified as: Supportive Housing for Older Adults, 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. Quadrangle Board 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, Quadrangle Board generated $210.1k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.2% each year. All expenses for the organization totaled $61.4k during the year ending 12/2022. 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
TO MAINTAIN A CARING COMMUNITY ON THE QUAKER MODEL INCLUDING HELPING RESIDENTS UNABLE TO PAY FEES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE RESIDENCE ASSISTANCE FUND PROVIDES FINANCIAL AID TO MEMBERS OF OUR COMMUNITY WHO, THROUGH NO FAULT OF THEIR OWN, ARE UNABLE TO BEAR THE COST OF CONTINUED RESIDENCE AT THE QUADRANGLE.
THE EMPLOYEE GRANTS FUND AWARDS GRANTS IN AMOUNTS UP TO 1,000 TO QUADRANGLE/SUNRISE EMPLOYEES FOR EDUCATION, TRAINING, ENRICHMENT, AND PERSONAL DEVELOPMENT.
TRAILS AND MEADOWS PROJECT. IN 2020, THE BOARD OR DIRECTORS OF THE QUANDRANGLE BOARD INITIATED IMPROVEMENTS TO THE UNDEVELOPED MEADOW PORTION OF THE QUADRANGLE/SUNRISE PROPERTY ADJACENT TO BUILDING 3. THESE IMPROVEMENTS WILL INCLUDE SAFETY AND ACCESSIBILITY FEATURES TO MAKE IT POSSIBLE FOR A GREATER NUMBER OF QUADRANGLE RESIDENTS TO EXPERIENCE THE RECREATIONAL AND HEALTH BENEFITS WHICH THE MEADOW WILL PROVIDE, AS WELL AS TO WITNESS THE ECOLOGICAL BENEFITS WHICH THE MEADOWS NOW PROVIDES TO A RANG OF WILDLIFE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
F John Hagele Vice President | OfficerTrustee | 2 | $0 |
Minna Duchovnay Treasurer | Officer | 3 | $0 |
Lee Reich Secretary | Officer | 2 | $0 |
Richard Ball Board Member | Trustee | 1 | $0 |
Priscilla Roche Board Member | Trustee | 1 | $0 |
Robert C Hess Board Member | 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 | $119,816 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $119,816 |
| Total Program Service Revenue | $0 |
| Investment income | $63,178 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $27,071 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $210,065 |
| 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 | $36,505 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $950 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $3,817 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $55 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,373 |
| All other expenses | $15,309 |
| Total functional expenses | $61,356 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $179,408 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $2,791,351 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,970,759 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $4,150 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $4,150 |
| Net assets without donor restrictions | $393,575 |
| Net assets with donor restrictions | $2,573,034 |
| 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 | $2,970,759 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that The Quadrangle has recieved totaling $950.
| Awarding Organization | Amount |
|---|---|
Adams Charitable Foundation Haverford, PA PURPOSE: PER GOVERNING INSTRUMENT - CONTRIB TO PRESELECTED CH | $950 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Jewish Community Housing Corporation West Orange, NJ | $31,391,278 | $7,523,551 |
Jewish Home Assisted Living River Vale, NJ | $23,250,531 | $11,466,947 |
St Margaret Hall Cincinnati, OH | $35,566,000 | $11,048,308 |
Complete Senior Care Inc Niagara Falls, NY | $5,431,648 | $11,923,845 |
St Anns Senior Housing Inc Rochester, NY | $34,990,884 | $11,488,120 |
Little Sisters Of The Poor Of The State Of Pennsylvania Pittsburgh, PA | $36,794,408 | $11,260,040 |
Vista On 5th Corp New York, NY | $11,821,624 | $8,647,077 |
Humility House Austintown, OH | $4,885,284 | $6,320,570 |
Wyncote Church Home Wyncote, PA | $22,580,149 | $7,662,273 |
The Ohio Masonic Home Springfield, OH | $152,363,585 | $9,641,517 |
Maple Village Warminster, PA | $31,542,157 | $7,878,022 |
Franciscan Care Center Toledo, OH | $12,715,605 | $7,718,899 |