Boulder Presbyterian Housing Inc
- Assets
- $4.4m
- Revenue
- $908.7k
- Investments
- $0.0
- Employees
- 3
- Location
- Boulder, CO
- Founding
- 03/2011
- Data as of
- 06/2022
- EIN
- 84-0522442
Organization Overview
Boulder Presbyterian Housing Inc is located in Boulder, CO. The organization was established in 2011. 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 06/2022, Boulder Presbyterian Housing Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Boulder Presbyterian Housing 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, Boulder Presbyterian Housing Inc generated $908.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.0% each year. All expenses for the organization totaled $793.4k during the year ending 06/2022. While expenses have increased by 3.8% 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
APARTMENT & GARAGE RENTAL TO INDIVIDUALS OVER THE AGE OF 62 WITH LAUNDRY SERVICE
Describe the Organization's Program Activity:
Part 3 - Line 4a
APARTMENT & GARAGE RENTAL TO INDIVIDUALS OVER THE AGE OF 62 WITH LAUNDRY SERVICE
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark Hawke Manager | 40 | $81,000 | |
Carol Gorsuch Co-Treasurer | OfficerTrustee | 2 | $0 |
Mark Liebetrrau President | OfficerTrustee | 2 | $0 |
Roger Love Treasurer | OfficerTrustee | 5 | $0 |
Gary Schultz Vice President | OfficerTrustee | 2 | $0 |
Bob Eichelberger Director | Trustee | 2 | $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 | $22,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $22,000 |
| Total Program Service Revenue | $776,281 |
| Investment income | $64,644 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $2,558 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $908,657 |
| 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. | $81,000 |
| Compensation of current officers, directors, key employees. | $28,350 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $63,597 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $14,607 |
| Payroll taxes | $10,077 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $10,895 |
| Fees for services: Accounting | $20,388 |
| 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 | $22,084 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $111,593 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $144 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $223,270 |
| Insurance | $23,550 |
| All other expenses | $7,047 |
| Total functional expenses | $793,437 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $117,267 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $17 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $6,375 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $20,157 |
| Net Land, buildings, and equipment | $2,909,487 |
| Investments—publicly traded securities | $1,175,785 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $139,638 |
| Total assets | $4,368,726 |
| Accounts payable and accrued expenses | $9,715 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $49,456 |
| Total liabilities | $59,171 |
| Net assets without donor restrictions | $2,994,132 |
| Net assets with donor restrictions | $1,315,423 |
| 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 | $4,368,726 |
Endowment Analysis
| Beg. Balance | $1,452,631 |
| Earnings | -$97,360 |
| Other Expense | $6,652 |
| Ending Balance | $1,348,619 |
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