National Capital B Nai B Rith Assisted Housing Corporation
- Assets
- $2.1m
- Revenue
- $1.6m
- Investments
- $0.0
- Employees
- 0
- Location
- Silver Spring, MD
- Founding
- 10/1987
- Data as of
- 06/2021
- EIN
- 52-1517014
Organization Overview
National Capital B Nai B Rith Assisted Housing Corporation is located in Silver Spring, MD. The organization was established in 1987. 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. National Capital B Nai B Rith Assisted Housing Corporation 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 06/2021, National Capital B Nai B Rith Assisted Housing Corporation generated $1.6m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.3% each year. All expenses for the organization totaled $1.3m during the year ending 06/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE RENTAL APARTMENTS AND PERSONAL SERVICES TO THE VERY LOW INCOME ELDERLY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED 42 RENTAL APARTMENTS AND PERSONAL SERVICES TO THE ELDERLY
PROVIDED MEALS AND PERSONAL CARE SERVICES TO THE ELDERLY LIVING IN RENTAL APARTMENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ali B Ehrlich Secretary | OfficerTrustee | 1 | $0 |
Mike Goldman President | OfficerTrustee | 1 | $0 |
Carol Cohen Wolfe Executive Director | Officer | 6 | $0 |
Adina Salomon Director | Trustee | 1 | $0 |
Alan B Frankle Director | Trustee | 1 | $0 |
Bruce Menditch Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Sodexo Inc & Affiliates (The Wood Compa Food/mgmt Services | 6/29/21 | $276,343 |
Residential One Property Maintenance Services | 6/29/21 | $219,336 |
Potomac Elevators Maintenance & New Equip. Service | 6/29/21 | $119,541 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $223,746 |
| All other contributions, gifts, grants, and similar amounts not included above | $8,512 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $232,258 |
| Total Program Service Revenue | $1,324,845 |
| Investment income | $62 |
| 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 | $1,557,165 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $339,606 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $14,276 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $96,284 |
| Advertising and promotion | $3,471 |
| Office expenses | $28,009 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $117,376 |
| 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 | $98,170 |
| Insurance | $16,194 |
| All other expenses | $2,518 |
| Total functional expenses | $1,344,435 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $290,954 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $96,236 |
| 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 | $4,441 |
| Net Land, buildings, and equipment | $1,478,212 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $231,509 |
| Total assets | $2,101,352 |
| Accounts payable and accrued expenses | $272,582 |
| 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 | $1,971,795 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $394,102 |
| Total liabilities | $2,638,479 |
| Net assets without donor restrictions | -$537,127 |
| 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 | $2,101,352 |
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