Nonantum Village Place Inc
- Assets
- $4.6m
- Revenue
- $442.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Cambridge, MA
- Founding
- 01/2004
- Data as of
- 06/2022
- EIN
- 30-0158221
Organization Overview
Nonantum Village Place Inc is located in Cambridge, MA. The organization was established in 2004. 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. Nonantum Village Place 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, Nonantum Village Place Inc generated $442.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.1% each year. All expenses for the organization totaled $534.0k during the year ending 06/2022. While expenses have increased by 3.1% per year over the past 7 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 LOW INCOME ELDERLY HOUSING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATED AND MAINTAINED APPROXIMATELY 34 UNITS OF HOUSING FOR LOW-INCOME AND ELDERLY PEOPLE IN NEWTON, MA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tim Bombard Treasurer | Officer | 1 | $0 |
Louise Elving President | Officer | 1 | $0 |
Margaret Drury Vice President | Officer | 1 | $0 |
John Hixson Clerk | Officer | 1 | $0 |
Vincent O'donnell Director | 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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $440,345 |
| Investment income | $114 |
| 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 | $442,729 |
| 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 | $89,676 |
| Pension plan accruals and contributions | $14,683 |
| Other employee benefits | $0 |
| Payroll taxes | $7,164 |
| Fees for services: Management | $34,766 |
| Fees for services: Legal | $6,650 |
| Fees for services: Accounting | $5,534 |
| 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 | $18,990 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $144,519 |
| Travel | $3,129 |
| 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 | $147,125 |
| Insurance | $26,427 |
| All other expenses | $0 |
| Total functional expenses | $533,977 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $8,629 |
| Savings and temporary cash investments | $228,746 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $8,818 |
| 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 | $4,286,142 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $59,766 |
| Total assets | $4,592,101 |
| Accounts payable and accrued expenses | $25,856 |
| Grants payable | $0 |
| Deferred revenue | $55,043 |
| 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 | $1,950,000 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $395,636 |
| Total liabilities | $2,426,535 |
| Net assets without donor restrictions | -$1,001,283 |
| Net assets with donor restrictions | $3,166,849 |
| 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 | $4,592,101 |
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Housing Assistance Corporation Hyannis, MA | $20,544,372 | $36,246,807 |
Eihab Human Services New Jersey Inc Springfield Gardens, NY | $6,084,233 | $34,447,037 |
West Side Federation For Senior Housing Inc New York, NY | $138,485,239 | $41,412,403 |
East Harlem Pilot Block Housing Development Fund Co Inc New York, NY | $76,192,730 | $32,420,395 |
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Housing Visions Unlimited Inc Syracuse, NY | $54,882,329 | $24,284,268 |
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