St Thomas More Housing Inc, operating under the name 033-11138, is located in Bethel Park, PA. The organization was established in 1979. 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 an independent organization and not affiliated with a larger national or regional group of organizations. 033-11138 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, 033-11138 generated $1.1m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.6% each year. All expenses for the organization totaled $1.0m 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
HUD ASSISTED HOUSING FOR LOW INCOME ELDERLY
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATION OF HUD SUBSIDIZED HOUSING FOR THE ELDERLY
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William Batz Treasurer | OfficerTrustee | 1 | $0 |
Mary Bonadio Secretary | OfficerTrustee | 1 | $0 |
Rev Mark Eckman Director | Trustee | 0.5 | $0 |
Michelle Ferry Vice Preside | OfficerTrustee | 1 | $0 |
Vita Fontana President | OfficerTrustee | 1 | $0 |
Gail Harbaugh Director | Trustee | 0.5 | $0 |
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $656,693 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $656,693 |
| Total Program Service Revenue | $407,100 |
| Investment income | $1,742 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,065,535 |
| 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 | $262,607 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $30,621 |
| Payroll taxes | $9,139 |
| Fees for services: Management | $56,582 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $19,421 |
| 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 | $10,050 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $583,795 |
| 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 | $58,168 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $1,043,983 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $34,473 |
| Savings and temporary cash investments | $1,498,991 |
| 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 | $50,964 |
| Net Land, buildings, and equipment | $572,877 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $200,353 |
| Other assets | $41,816 |
| Total assets | $2,399,474 |
| Accounts payable and accrued expenses | $118,880 |
| 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 | $3,901,265 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $41,817 |
| Total liabilities | $4,061,962 |
| Net assets without donor restrictions | -$1,662,488 |
| Net assets with donor restrictions | $0 |
| 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 | $2,399,474 |