Civic Intelligence

Oak Hill Inc.

990 • Fiscal year 2023 • EIN 04-2954430

Jul 01, 2022 to Jun 30, 2023 • Filed on Sep 20, 2023

Organization ProfileNONE
35 Central StreetIpswich, MA 01938

(978) 356-1530

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

98th percentile

2.00x

Higher debt load relative to assets than 98% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

95th percentile

3.18x

Higher debt load relative to revenue than 95% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Net Margin

62nd percentile

10%

Higher net margin than 62% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

39th percentile

$0

Higher top officer pay than 39% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Asset Growth

39th percentile

0.7%

Faster asset growth than 39% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

52nd percentile

7.8%

Faster revenue growth than 52% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets98th percentile

Assets

Up

$1,132,197

Up $7,505 (+0.7%) from 2022

Net Assets

Up

-$1,136,401

Up $74,474 (+6.2%) from 2022

Liabilities

Down

$2,268,598

Down $66,969 (-2.9%) from 2022

Revenue And Expenses
Liabilities / Revenue95th percentileNet Margin62nd percentile

Revenue

Up

$712,625

Up $51,398 (+7.8%) from 2022

Expenses

Up

$638,151

Up $39,312 (+6.6%) from 2022

Net Income

Up

$74,474

Up $12,086 (+19%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth39th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$4.0M$2.0M$0-$2.0MAssets 2011: $1,481,726Liabilities 2011: $2,684,293Net Assets 2011: -$1,202,5672011Assets 2012: $1,425,858Liabilities 2012: $2,664,336Net Assets 2012: -$1,238,4782012Assets 2013: $1,355,625Liabilities 2013: $2,649,697Net Assets 2013: -$1,294,0722013Assets 2014: $1,260,751Liabilities 2014: $2,619,177Net Assets 2014: -$1,358,4262014Assets 2015: $1,232,210Liabilities 2015: $2,572,388Net Assets 2015: -$1,340,1782015Assets 2016: $1,144,149Liabilities 2016: $2,539,315Net Assets 2016: -$1,395,1662016Assets 2017: $1,117,867Liabilities 2017: $2,515,788Net Assets 2017: -$1,397,9212017Assets 2018: $1,076,007Liabilities 2018: $2,495,437Net Assets 2018: -$1,419,4302018Assets 2019: $1,109,881Liabilities 2019: $2,482,436Net Assets 2019: -$1,372,5552019Assets 2020: $1,120,697Liabilities 2020: $2,449,579Net Assets 2020: -$1,328,8822020Assets 2021: $1,120,633Liabilities 2021: $2,393,896Net Assets 2021: -$1,273,2632021Assets 2022: $1,124,692Liabilities 2022: $2,335,567Net Assets 2022: -$1,210,8752022Assets 2023: $1,132,197Liabilities 2023: $2,268,598Net Assets 2023: -$1,136,4012023Assets 2024: $1,147,503Liabilities 2024: $2,209,326Net Assets 2024: -$1,061,8232024Assets 2025: $1,225,255Liabilities 2025: $2,140,375Net Assets 2025: -$915,1202025

Highlighted filing

2023

Assets$1,132,197
Liabilities$2,268,598
Net Assets-$1,136,401
Open 2023 Filing

Operations Trend

Revenue Growth52nd percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.0M$500K$0-$500KExpenses 2011: $598,9842011Expenses 2012: $590,4712012Revenue 2013: $554,148Expenses 2013: $609,742Net Income 2013: -$55,5942013Revenue 2014: $554,608Expenses 2014: $618,962Net Income 2014: -$64,3542014Revenue 2015: $647,957Expenses 2015: $629,709Net Income 2015: $18,2482015Revenue 2016: $562,233Expenses 2016: $620,039Net Income 2016: -$57,8062016Revenue 2017: $598,430Expenses 2017: $601,185Net Income 2017: -$2,7552017Revenue 2018: $596,204Expenses 2018: $617,713Net Income 2018: -$21,5092018Revenue 2019: $614,522Expenses 2019: $566,645Net Income 2019: $47,8772019Revenue 2020: $634,597Expenses 2020: $590,924Net Income 2020: $43,6732020Revenue 2021: $646,648Expenses 2021: $591,029Net Income 2021: $55,6192021Revenue 2022: $661,227Expenses 2022: $598,839Net Income 2022: $62,3882022Revenue 2023: $712,625Expenses 2023: $638,151Net Income 2023: $74,4742023Revenue 2024: $736,553Expenses 2024: $661,975Net Income 2024: $74,5782024Revenue 2025: $805,399Expenses 2025: $658,696Net Income 2025: $146,7032025

Highlighted filing

2023

Revenue$712,625
Expenses$638,151
Net Income$74,474
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
Sep 20, 2023
Return Version
2022v5.0
Gross Receipts
$712,625
Mission and Program Overview

Mission

The organization's mission is to provide affordable low-income housing to qualified elderly people.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$748,177$738,174▼ $10,003
Cash and Non-Interest-Bearing Accounts$139,940$159,416▲ $19,476
Prepaid Expenses and Deferred Charges$3,913$3,715▼ $198
Accounts Receivable$1,284$217▼ $1,067
Total Assets$1,124,692$1,132,197▲ $7,505
Other Assets Total$231,378$230,675▼ $703
Liabilities
Mortgage Notes Payable Secured by Investment Property$2,272,434$2,219,180▼ $53,254
Accounts Payable and Accrued Expenses$48,049$33,731▼ $14,318
Escrow Account Liability$15,084$15,687▲ $603
Total Liabilities$2,335,567$2,268,598▼ $66,969
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-1,210,875$-1,136,401▲ $74,474
Total Net Assets Fund Balance$-1,210,875$-1,136,401▲ $74,474
Total Liabilities and Net Assets / Fund Balance$1,124,692$1,132,197▲ $7,505

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$577,270$2,823,508$3,400,778
Land$160,000-$160,000
Equipment$904$34,387$35,291
Other Assets Org$230,675--
Compensation and Service Providers
Top Officer Pay39th percentile

Board Members and Trustees

NameTitle
James WhitmorePresident
Barbara PimentelBoard Member
Beverly CottrellBoard Member
Dorothy LevesqueBoard Member
Lauri CarlsonBoard Member
Patricia ValcourBoard Member
Peg WhittierBoard Member
Steven CottrellTreasurer
Roger BurkeVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$504,680
Program Service Revenue
$190,053
Investment Income
$1,118
Other Revenue
$16,774
Change in Net Assets
$74,474

Audited Revenue Reconciliation

Revenue per Audited Statements
$712,625
Total Revenue per Audited Statements
$712,625
Total Revenue per Form 990
$712,625
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$638,151
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest$205,715--$205,715
Fees for Services Other-$73,010-$73,010
All Other Expenses$59,522$5,031-$64,553
Insurance$39,709$5,594-$45,303
Depreciation Depletion$30,687$4,637-$35,324
Fees for Services Management-$33,532-$33,532
Other Expenses$19,737--$19,737
Office Expenses-$13,229-$13,229
Fees for Services Accounting-$11,300-$11,300
Fees for Services Legal-$1,504-$1,504
Advertising-$1,171-$1,171
Total Functional Expenses$489,143$149,008$0$638,151

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$638,151
Total Expenses per Audited Statements$638,151
Total Expenses per Form 990$638,151
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Page 6, Part VI, Line 2

“Steven cottrell beverly cottrell treasurer board member married”

Form 990, Page 6, Part VI, Line 3

“Operations are managed by ep management co.”

Form 990, Page 6, Part VI, Line 11B

“Form 990 is reviewed & approved by the management company and the board of directors at a regularly scheduled board meeting. A copy of form 990 is provided to all board members prior to filing.”

Form 990, Page 6, Part VI, Line 12C

“Identity of intrerest disclosures are made to the unioted states rural development agency. In addition, annual conflict of interest statements are signed by each board member.”

Form 990, Page 6, Part VI, Line 19

“Government documents are maintained by both the management company and the board of directors and are available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Oak Hill Inc
EIN
04-2954430
Phone
9783561530
Address
35 CENTRAL STREET, IPSWICH, MA 01938

Signing Officer

Name
Steven Cottrell
Title
Treasurer
Phone
6175661026
Signed
2023-09-20
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Steven Cottrell
Formed
1990
Legal Domicile
Ma
Voting Board Members
9
Independent Board Members
9
Employees
0

Preparer

Firm
Sanders Walsh & Eaton Cpas LLC
Address
PO BOX F, OSTERVILLE, MA 02655
Preparer
Joseph F Mcgee CPA
Phone
5084280790
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

“Mgt co site mgr payroll cost 0 52,352 0 mgt co site mgt payroll tax 0 20,658 0 total 0 73,010 0”

Form 990, Part IX, Line 24E

“Electricity 17,370 0 0 repairs and maintenance 9,644 0 0 maint and repair supplies 8,231 0 0 snow removal 7,409 0 0 elevator maintenance 7,258 0 0 grounds contract 6,250 0 0 telephone 0 5,031 0 trash removal 2,256 0 0 other administration 1,104 0 0 total 59,522 5,031 0”

Financial Statement Notes

Schedule D, Page 2, Part IV, Line 2B

“The project maintains accounts for security deposits received from tenants. The cash is restricted for reimbursement of the security deposits unless there is evidence of default by a tenant under the lease agreement.”

Raw XML AppendixShowing 400 of 463 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0190053
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IRS990/PYContributionsGrantsAmt0477805
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IRS990/PYTotalRevenueAmt0661227
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt074474
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0190053
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0504680
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0477805
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0466687
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0453726
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0445176
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt02348074
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt01118
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0792
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt02651
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0687
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt01107
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt06355
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0190053
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0173500
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0163934
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0169581
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0161834
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0858902
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearAmt016774
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus1YearAmt09130
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus2YearsAmt013376
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus3YearsAmt010603
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt049883
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt01118
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0792
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt02651
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0687
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt01107
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt06355
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99810
IRS990ScheduleA/PublicSupportPY509Pct00.99780
IRS990ScheduleA/PublicSupportTotal509Amt03256859
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0711507
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0660435
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0643997
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0633910
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0607010
IRS990ScheduleA/Total509Grp/TotalAmt03256859
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0712625
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0661227
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0646648
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0634597
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0608117
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt03263214
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/AgentTrusteeEtcInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0577270
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02823508
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt03400778
IRS990ScheduleD/EquipmentGrp/BookValueAmt0904
IRS990ScheduleD/EquipmentGrp/DepreciationAmt034387
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt035291
IRS990ScheduleD/ExpensesSubtotalAmt0638151
IRS990ScheduleD/ExplanationProvidedInd0X
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0true
IRS990ScheduleD/LandGrp/BookValueAmt0160000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0160000
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0230675
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0REPLACEMENT RESERVE
IRS990ScheduleD/RevenueSubtotalAmt0712625
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE PROJECT MAINTAINS ACCOUNTS FOR SECURITY DEPOSITS RECEIVED FROM TENANTS. THE CASH IS RESTRICTED FOR REIMBURSEMENT OF THE SECURITY DEPOSITS UNLESS THERE IS EVIDENCE OF DEFAULT BY A TENANT UNDER THE LEASE AGREEMENT.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 2, PART IV, LINE 2B
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0738174
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0230675
IRS990ScheduleD/TotalExpensesPerForm990Amt0638151
IRS990ScheduleD/TotalRevenuePerForm990Amt0712625
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0712625
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0638151
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0STEVEN COTTRELL BEVERLY COTTRELL TREASURER BOARD MEMBER MARRIED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1OPERATIONS ARE MANAGED BY EP MANAGEMENT CO.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2FORM 990 IS REVIEWED & APPROVED BY THE MANAGEMENT COMPANY AND THE BOARD OF DIRECTORS AT A REGULARLY SCHEDULED BOARD MEETING. A COPY OF FORM 990 IS PROVIDED TO ALL BOARD MEMBERS PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3IDENTITY OF INTREREST DISCLOSURES ARE MADE TO THE UNIOTED STATES RURAL DEVELOPMENT AGENCY. IN ADDITION, ANNUAL CONFLICT OF INTEREST STATEMENTS ARE SIGNED BY EACH BOARD MEMBER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4GOVERNMENT DOCUMENTS ARE MAINTAINED BY BOTH THE MANAGEMENT COMPANY AND THE BOARD OF DIRECTORS AND ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5MGT CO SITE MGR PAYROLL COST 0 52,352 0 MGT CO SITE MGT PAYROLL TAX 0 20,658 0 TOTAL 0 73,010 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6ELECTRICITY 17,370 0 0 REPAIRS AND MAINTENANCE 9,644 0 0 MAINT AND REPAIR SUPPLIES 8,231 0 0 SNOW REMOVAL 7,409 0 0 ELEVATOR MAINTENANCE 7,258 0 0 GROUNDS CONTRACT 6,250 0 0 TELEPHONE 0 5,031 0 TRASH REMOVAL 2,256 0 0 OTHER ADMINISTRATION 1,104 0 0 TOTAL 59,522 5,031 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART IX, LINE 11G
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART IX, LINE 24E
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0true
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0OAK HILL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine2Txt0OAK HILL INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0MEMORIAL HALL INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0200388823
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501C3
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0MA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0HOUSING
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt07
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt035 CENTRAL STREET
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0IPSWICH
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0MA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd001938
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0false
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0false
IRS990ScheduleR/SupplementalInformationDetail/ExplanationTxt0MEMORIAL HALL INC. IS A RELATED PARTY DUE TO A COMMON BOARD. BOTH BOARDS ARE THE SAME. MEMORIAL HALL, INC. IS A 501(C)(3) NPO PROVIDING AFFORDABLE HOUSING TO THE ELDERLY AND IS LOCATED ADJACENT TO OAK HILL IN IPSWICH, MA.
IRS990ScheduleR/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE R
IRS990ScheduleR/TransferFromOtherOrgInd0false
IRS990ScheduleR/TransferToOtherOrgInd0false
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0MA
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01124692
IRS990/TotalAssetsEOYAmt01132197
IRS990/TotalAssetsGrp/BOYAmt01124692
IRS990/TotalAssetsGrp/EOYAmt01132197
IRS990/TotalCompGreaterThan150KInd0false

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,132,197
Liabilities
$2,268,598
Net assets
-$1,136,401
Revenue
$712,625
Expenses
$638,151
Net income
$74,474
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.23$2.14$0.92$0.81$0.66$0.15
2024Detailed filing. Detailed filing data is available for this year.$1.15$2.21$1.06$0.74$0.66$0.07
2023Detailed filing. Detailed filing data is available for this year.$1.13$2.27$1.14$0.71$0.64$0.07
2022Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$1.12$2.34$1.21$0.66$0.60$0.06
2021Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$1.12$2.39$1.27$0.65$0.59$0.06
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.12$2.45$1.33$0.63$0.59$0.04
2019Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$1.11$2.48$1.37$0.61$0.57$0.05
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.08$2.50$1.42$0.60$0.62$0.02
2017Detailed filing. Detailed filing data is available for this year.$1.12$2.52$1.40$0.60$0.60$0.00
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.14$2.54$1.40$0.56$0.62$0.06
2015Detailed filing. Detailed filing data is available for this year.$1.23$2.57$1.34$0.65$0.63$0.02
2014Detailed filing. Detailed filing data is available for this year.$1.26$2.62$1.36$0.55$0.62$0.06
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.36$2.65$1.29$0.55$0.61$0.06
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.43$2.66$1.24$0.59
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.48$2.68$1.20$0.60
Peer Organizations

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