Senior Citizens Housing Development Corp Of Montgomery County
- Assets
- $3.6m
- Revenue
- $2.8m
- Investments
- $0.0
- Employees
- 7
- Location
- Plantation, FL
- Founding
- 06/2002
- Data as of
- 09/2020
- EIN
- 52-1150867
Organization Overview
Senior Citizens Housing Development Corp Of Montgomery County, operating under the name Council House, is located in Plantation, FL. The organization was established in 2002. According to its NTEE Classification (L22) the organization is classified as: Senior Citizens Housing & Retirement Communities, under the broad grouping of Housing & Shelter and related organizations. As of 09/2021, Council House employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Council House 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 09/2020, Council House generated $2.8m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 0.7% each year. All expenses for the organization totaled $2.6m during the year ending 09/2020. 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
OPERATION OF LOW INCOME HOUSING FOR THE ELDERLY AND HANDICAPPED, REGULATED AND ASSISTED BY THE DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT (HUD).
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATION OF LOW INCOME HOUSING FOR THE ELDERLY AND HANDICAPPED, REGULATED AND ASSISTED BY THE DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT (HUD).
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 |
|---|---|---|---|
William Holayter Vice Preside | OfficerTrustee | 0.1 | $0 |
Maria Cordone Secretary | OfficerTrustee | 0.3 | $0 |
Erica Schmelzer Treasurer | OfficerTrustee | 0.1 | $0 |
Christopher M Shelton President | OfficerTrustee | 0.5 | $0 |
Steve Protulis Director | Officer | 0.6 | $0 |
Melanie Ribeiro Director | Officer | 0.1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Investment income | $386 |
| 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 | $2,772,231 |
| 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 | $285,163 |
| Pension plan accruals and contributions | $84,832 |
| Other employee benefits | $77,103 |
| Payroll taxes | $23,346 |
| Fees for services: Management | $113,393 |
| Fees for services: Legal | $2,801 |
| Fees for services: Accounting | $27,690 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $321,674 |
| Advertising and promotion | $3,662 |
| Office expenses | $63,082 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $981,777 |
| Travel | $1,261 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $629 |
| Interest | $41,652 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $481,891 |
| Insurance | $3,576 |
| All other expenses | $0 |
| Total functional expenses | $2,572,607 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $45,984 |
| Savings and temporary cash investments | $916,459 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,449 |
| 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 | $40,603 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $576,289 |
| Total assets | $3,629,753 |
| Accounts payable and accrued expenses | $444,054 |
| Grants payable | $0 |
| Deferred revenue | $3,014 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $54,137 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $8,975,115 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $21,455 |
| Total liabilities | $9,497,775 |
| Net assets without donor restrictions | $0 |
| 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 |
| Total liabilities and net assets/fund balances | -$5,868,022 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
St Andrews Residence Of The Diocese Of Southeast Florida Inc West Palm Beach, FL | $295,539 | $24,065,641 |
Lavender Mountain Senior Living Inc Mount Berry, GA | $141,195,331 | $5,176,789 |
Westminster Pines Inc Orlando, FL | $103,132,021 | $15,458,662 |
Skidaway Health And Living Services Inc Savannah, GA | $89,340,251 | $17,567,308 |
Palm Shores Retirement Community Inc Orlando, FL | $37,421,751 | $16,521,390 |
St George Village-Catholic Community Retirement Center Roswell, GA | $71,436,640 | $13,654,810 |
Wesley Homes Inc Atlanta, GA | $20,385,914 | $13,715,520 |
Tampa Life Plan Village Inc Tampa, FL | $57,175,002 | $4,514,952 |
Jewish Home Life Communities Inc Atlanta, GA | $30,539,364 | $15,353,434 |
Presbyterian Retirement Homes Of Birmingham Inc Birmingham, AL | $21,717,222 | $12,145,816 |
Senior Living Foundation Inc Perimeter 400 Center Dunwoody, GA | $12,804,149 | $11,238,892 |
University Plaza Rehabilitation And Nursing Center Inc N Miami Beach, FL | $4,092,400 | $13,157,641 |