Civic Intelligence

Lymes Elderly Housing Inc.

990 • Fiscal year 2014 • EIN 06-1001581

Jan 01, 2014 to Dec 31, 2014 • Filed on Apr 22, 2015

Organization ProfileN/A
127 Washington Avenue 5th FL EastNorth Haven, CT 06473

(860) 434-2120

Siviq Scores

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

Liabilities / Assets

94th percentile

1.23x

Higher debt load relative to assets than 94% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Liabilities / Revenue

95th percentile

5.45x

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

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Net Margin

22nd percentile

-8.5%

Higher net margin than 22% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Top Officer Pay

34th percentile

$0

Higher top officer pay than 34% of similar nonprofits.

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

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Asset Growth

91st percentile

46%

Faster asset growth than 91% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Revenue Growth

54th percentile

5.2%

Faster revenue growth than 54% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Balance Sheet
Liabilities / Assets94th percentile

Assets

Up

$1,093,599

Up $344,744 (+46%) from 2013

Net Assets

Down

-$251,105

Down $21,058 (-9.2%) from 2013

Liabilities

Up

$1,344,704

Up $365,802 (+37%) from 2013

Revenue And Expenses
Liabilities / Revenue95th percentileNet Margin22nd percentile

Revenue

Up

$246,639

Up $12,265 (+5.2%) from 2013

Expenses

Down

$267,697

Down $13,771 (-4.9%) from 2013

Net Income

Up

-$21,058

Up $26,036 (+55%) from 2013

Historical Trend

Balance Sheet Trend

Asset Growth91st percentile

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

$2.0M$1.0M$0-$1.0MAssets 2010: $902,143Liabilities 2010: $993,831Net Assets 2010: -$91,6882010Assets 2011: $860,385Liabilities 2011: $997,232Net Assets 2011: -$136,8472011Assets 2012: $800,610Liabilities 2012: $983,073Net Assets 2012: -$182,4632012Assets 2013: $748,855Liabilities 2013: $978,902Net Assets 2013: -$230,0472013Assets 2014: $1,093,599Liabilities 2014: $1,344,704Net Assets 2014: -$251,1052014Assets 2015: $1,033,594Liabilities 2015: $1,333,614Net Assets 2015: -$300,0202015Assets 2016: $978,631Liabilities 2016: $1,337,027Net Assets 2016: -$358,3962016Assets 2017: $933,698Liabilities 2017: $1,321,856Net Assets 2017: -$388,1582017Assets 2018: $856,240Liabilities 2018: $1,306,263Net Assets 2018: -$450,0232018Assets 2019: $800,164Liabilities 2019: $1,322,028Net Assets 2019: -$521,8642019Assets 2020: $726,001Liabilities 2020: $1,292,987Net Assets 2020: -$566,9862020Assets 2021: $702,430Liabilities 2021: $1,284,187Net Assets 2021: -$581,7572021Assets 2022: $665,689Liabilities 2022: $1,284,618Net Assets 2022: -$618,9292022Assets 2023: $515,961Liabilities 2023: $1,275,932Net Assets 2023: -$759,9712023Assets 2024: $530,368Liabilities 2024: $1,289,831Net Assets 2024: -$759,4632024

Highlighted filing

2014

Assets$1,093,599
Liabilities$1,344,704
Net Assets-$251,105
Open 2014 Filing

Operations Trend

Revenue Growth54th percentile

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

$600K$400K$200K$0-$200KExpenses 2010: $243,3832010Expenses 2011: $254,1582011Expenses 2012: $268,3222012Revenue 2013: $234,374Expenses 2013: $281,468Net Income 2013: -$47,0942013Revenue 2014: $246,639Expenses 2014: $267,697Net Income 2014: -$21,0582014Revenue 2015: $237,121Expenses 2015: $285,241Net Income 2015: -$48,1202015Revenue 2016: $239,289Expenses 2016: $296,385Net Income 2016: -$57,0962016Revenue 2017: $248,668Expenses 2017: $278,430Net Income 2017: -$29,7622017Revenue 2018: $237,712Expenses 2018: $297,721Net Income 2018: -$60,0092018Revenue 2019: $237,799Expenses 2019: $309,640Net Income 2019: -$71,8412019Revenue 2020: $249,734Expenses 2020: $294,856Net Income 2020: -$45,1222020Revenue 2021: $272,096Expenses 2021: $276,083Net Income 2021: -$3,9872021Revenue 2022: $267,764Expenses 2022: $294,316Net Income 2022: -$26,5522022Revenue 2023: $263,959Expenses 2023: $405,001Net Income 2023: -$141,0422023Revenue 2024: $287,403Expenses 2024: $311,711Net Income 2024: -$24,3082024

Highlighted filing

2014

Revenue$246,639
Expenses$267,697
Net Income-$21,058
Open 2014 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Apr 22, 2015
Return Version
2014v5.0
Gross Receipts
$246,639
Mission and Program Overview

Mission

To provide low income, subsidized elderly housing.

Low income elderly housing

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$633,427$580,636▼ $52,791
Savings and Temporary Cash Investments$78,032$467,493▲ $389,461
Cash and Non-Interest-Bearing Accounts$19,016$16,963▼ $2,053
Prepaid Expenses and Deferred Charges$1,494$14,397▲ $12,903
Accounts Receivable$16,886$8,302▼ $8,584
Intangible Assets-$5,808-
Total Assets$748,855$1,093,599▲ $344,744
Liabilities
Mortgage Notes Payable Secured by Investment Property$909,390$1,283,330▲ $373,940
Other Liabilities$54,081$45,203▼ $8,878
Accounts Payable and Accrued Expenses$15,431$16,171▲ $740
Total Liabilities$978,902$1,344,704▲ $365,802
Net Assets / Fund Balance
Unrestricted Net Assets$-230,047$-251,105▼ $21,058
Total Net Assets Fund Balance$-230,047$-251,105▼ $21,058
Total Liabilities and Net Assets / Fund Balance$748,855$1,093,599▲ $344,744

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$509,545$893,257$1,402,802
Land$70,000-$70,000
Other Land Buildings$1,091$26,107$27,198
Equipment$0$5,019$5,019
Compensation and Service Providers
Top Officer Pay34th percentile

Board Members and Trustees

NameTitle
Kathleen MurphyPresident
Bill ArcherDirector
Eileen CoffeeDirector
Margaret AmataDirector
Vivian SenftSecretary
Diana J SecklaTreasurer
Nancy CampbellVP
Revenue and Support

Revenue Composition

Contributions and Grants
$31,390
Program Service Revenue
$215,085
Investment Income
$164
Other Revenue
$0
All Other Contributions
$2,219
Change in Net Assets
$-21,058

Audited Revenue Reconciliation

Revenue per Audited Statements
$243,591
Revenue Not Reported on Financial Statements
$3,048
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$3,048
Total Revenue per Audited Statements
$243,591
Total Revenue per Form 990
$246,639
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$207,600
Salaries, Compensation, and Employee Benefits$60,097
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$52,889--$52,889
Other Salaries and Wages$48,322--$48,322
Interest$31,754--$31,754
Fees for Services Management$19,403--$19,403
Insurance$16,397--$16,397
Fees for Services Legal$13,587--$13,587
Office Expenses$8,157--$8,157
Other Employee Benefits$4,659--$4,659
Payroll Taxes$4,230--$4,230
Other Expenses$3,048--$3,048
Pension Plan Contributions$2,886--$2,886
Fees for Services Accounting$2,545--$2,545
All Other Expenses$1,880--$1,880
Conferences and Meetings$1,266--$1,266
Advertising$246--$246
Total Functional Expenses$267,697$0$0$267,697

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$267,697
Expenses per Audited Statements$264,649
Total Expenses per Audited Statements$264,649
Expenses Not Reported on Financial Statements$3,048
Other Expense Adjustments$3,048
Expenses Not Reported on Form 990$0
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Reserve for Cap Improvements$34,528
Security Deposits$10,675
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
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, Part VI, Section A, Line 3

“The organization has contracted with elderly housing management to provide property management services for the apartment building. All employees are employees of elderly housing management. Salaries on the 990 represent reimbursements to ehm for employees who work on-site at the organization's apartment facility. Ehm provides all management, accounting, and maintenance services related to the property.”

Form 990, Part VI, Section B, Line 11

“A draft copy of the 990 was provided to the board at the same time the audit draft was submitted. The board was requested to review the 990 and provide input on the completion of the final form.”

Form 990, Part VI, Section B, Line 12C

“This is required by hud and is reviewed by hud”

Form 990, Part VI, Section C, Line 19

“Available upon written request.”

Filing and Contact Details

Filer

Filer Name
Lymes Elderly Housing Inc
EIN
06-1001581
Phone
8604342120
Address
127 WASHINGTON AVENUE 5TH FL EAST, NORTH HAVEN, CT 06473

Signing Officer

Name
Kathleen Murphy
Title
President
Phone
8604342120
Signed
2015-04-22
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kathleen Murphy
Formed
1979
Legal Domicile
Ct
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
0

Preparer

Firm
Kircaldie Randall & Mcnab LLC
Address
605 WASHINGTON AVENUE, NORTH HAVEN, CT 06473-1187
Preparer
Brian S Borgerson CPA
Phone
2032394478
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

“Uncertain tax positions: fasb issued accounting for uncertainty in income taxes (asc 740). Lymes elderly housing, inc., continually evaluates expiring statutes of limitations, proposed settlements and changes in tax law and new authoritative rulings to determine if lymes elderly housing, inc. Has any uncertain tax positions. As of december 31 2014, lymes elderly housing, inc. Does not believe it is exposed to any uncertain tax positions. Currently, lymes elderly housing, inc.'s informational returns for tax years 2011-2013 remain open for inspection by the irs with the 2014 returns to be filed in 2015.”

PART XI, LINE 4B - OTHER ADJUSTMENTS:

“Changes in reserve for betterments 3,048.”

PART XII, LINE 4B - OTHER ADJUSTMENTS:

“Changes in reserve for betterments 3,048.”

Raw XML AppendixShowing 400 of 433 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.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt015431
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt016171
IRS990/AccountsReceivableGrp/BOYAmt016886
IRS990/AccountsReceivableGrp/EOYAmt08302
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0LOW INCOME ELDERLY HOUSING
IRS990/AdvertisingGrp/ProgramServicesAmt0246
IRS990/AdvertisingGrp/TotalAmt0246
IRS990/AllOtherContributionsAmt02219
IRS990/AllOtherExpensesGrp/ProgramServicesAmt01880
IRS990/AllOtherExpensesGrp/TotalAmt01880
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0ELDERLY HOUSING MANAGEMENT
IRS990/BooksInCareOfDetail/PhoneNum02032304809
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0127 WASHINGTON AVENUE 5TH FL EAST
IRS990/BooksInCareOfDetail/USAddress/CityNm0NORTH HAVEN
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CT
IRS990/BooksInCareOfDetail/USAddress/ZIPCd006473
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt019016
IRS990/CashNonInterestBearingGrp/EOYAmt016963
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt01266
IRS990/ConferencesMeetingsGrp/TotalAmt01266
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt031390
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0164
IRS990/CYOtherExpensesAmt0207600
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0215085
IRS990/CYRevenuesLessExpensesAmt0-21058
IRS990/CYSalariesCompEmpBnftPaidAmt060097
IRS990/CYTotalExpensesAmt0267697
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0246639
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd01
IRS990/DepreciationDepletionGrp/ProgramServicesAmt052889
IRS990/DepreciationDepletionGrp/TotalAmt052889
IRS990/Desc0LOW INCOME ELDERLY HOUSING-24 UNITS
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0267697
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditPerformedInd01
IRS990/FederalGrantAuditRequiredInd01
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt02545
IRS990/FeesForServicesAccountingGrp/TotalAmt02545
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt013587
IRS990/FeesForServicesLegalGrp/TotalAmt013587
IRS990/FeesForServicesManagementGrp/ProgramServicesAmt019403
IRS990/FeesForServicesManagementGrp/TotalAmt019403
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/PersonNm0DIANA J SECKLA
IRS990/Form990PartVIISectionAGrp/PersonNm1KATHLEEN MURPHY
IRS990/Form990PartVIISectionAGrp/PersonNm2VIVIAN SENFT
IRS990/Form990PartVIISectionAGrp/PersonNm3NANCY CAMPBELL
IRS990/Form990PartVIISectionAGrp/PersonNm4MARGARET AMATA
IRS990/Form990PartVIISectionAGrp/PersonNm5EILEEN COFFEE
IRS990/Form990PartVIISectionAGrp/PersonNm6BILL ARCHER
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/TitleTxt0TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt1PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3VP
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01979
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GovernmentGrantsAmt029171
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0246639
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt07
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt016397
IRS990/InsuranceGrp/TotalAmt016397
IRS990/IntangibleAssetsGrp/EOYAmt05808
IRS990/InterestGrp/ProgramServicesAmt031754
IRS990/InterestGrp/TotalAmt031754
IRS990/InvestmentIncomeGrp/ExclusionAmt0164
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0164
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt010
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0924383
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0633427
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0580636
IRS990/LandBldgEquipCostOrOtherBssAmt01505019
IRS990/LegalDomicileStateCd0CT
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO PROVIDE LOW INCOME, SUBSIDIZED ELDERLY HOUSING.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0909390
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt01283330
IRS990/NetAssetsOrFundBalancesBOYAmt0-230047
IRS990/NetAssetsOrFundBalancesEOYAmt0-251105
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ProgramServicesAmt08157
IRS990/OfficeExpensesGrp/TotalAmt08157
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt04659
IRS990/OtherEmployeeBenefitsGrp/TotalAmt04659
IRS990/OtherExpensesGrp/Desc0BUILDING REPAIRS AND MA
IRS990/OtherExpensesGrp/Desc1UTILITIES
IRS990/OtherExpensesGrp/Desc2REAL ESTATE TAXES
IRS990/OtherExpensesGrp/Desc3PROGRAMS
IRS990/OtherExpensesGrp/ProgramServicesAmt036382
IRS990/OtherExpensesGrp/ProgramServicesAmt111944
IRS990/OtherExpensesGrp/ProgramServicesAmt28102
IRS990/OtherExpensesGrp/ProgramServicesAmt33048
IRS990/OtherExpensesGrp/TotalAmt036382
IRS990/OtherExpensesGrp/TotalAmt111944
IRS990/OtherExpensesGrp/TotalAmt28102
IRS990/OtherExpensesGrp/TotalAmt33048
IRS990/OtherLiabilitiesGrp/BOYAmt054081
IRS990/OtherLiabilitiesGrp/EOYAmt045203
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt048322
IRS990/OtherSalariesAndWagesGrp/TotalAmt048322
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ProgramServicesAmt04230
IRS990/PayrollTaxesGrp/TotalAmt04230
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt02886
IRS990/PensionPlanContributionsGrp/TotalAmt02886
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt01494
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt014397
IRS990/PrincipalOfficerNm0KATHLEEN MURPHY
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0215085
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0215085
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt031103
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0330
IRS990/PYOtherExpensesAmt0210259
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0202941
IRS990/PYRevenuesLessExpensesAmt0-47094
IRS990/PYSalariesCompEmpBnftPaidAmt071209
IRS990/PYTotalExpensesAmt0281468
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0234374
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-21058
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0215085
IRS990/SavingsAndTempCashInvstGrp/BOYAmt078032
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0467493
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt031390
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt031103
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt027451
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt032749
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt015106
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0137799
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0164
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0330
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0589
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0594
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0786
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt02463
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0215085
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0202941
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0194241
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0175335
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0168047
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0955649
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0164
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0330
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0589
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0594
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0786
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt02463
IRS990ScheduleA/InvestmentIncomeCYPct00.00220
IRS990ScheduleA/InvestmentIncomePYPct00.00360
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99780
IRS990ScheduleA/PublicSupportPY509Pct00.99640
IRS990ScheduleA/PublicSupportTotal509Amt01093448
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0246475
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0234044
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0221692
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0208084
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0183153
IRS990ScheduleA/Total509Grp/TotalAmt01093448
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0246639
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0234374
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0222281
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0208678
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0183939
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01095911
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt0509545
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0893257
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01402802
IRS990ScheduleD/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt05019
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt05019
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt03048
IRS990ScheduleD/ExpensesSubtotalAmt0264649
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt070000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt070000
IRS990ScheduleD/OtherExpensesNotIncludedAmt03048
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt01091
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt026107
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt027198
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt010675
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt134528
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0SECURITY DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1RESERVE FOR CAP IMPROVEMENTS
IRS990ScheduleD/OtherRevenuesNotIncludedAmt03048
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt03048
IRS990ScheduleD/RevenueSubtotalAmt0243591
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0UNCERTAIN TAX POSITIONS: FASB ISSUED ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES (ASC 740). LYMES ELDERLY HOUSING, INC., CONTINUALLY EVALUATES EXPIRING STATUTES OF LIMITATIONS, PROPOSED SETTLEMENTS AND CHANGES IN TAX LAW AND NEW AUTHORITATIVE RULINGS TO DETERMINE IF LYMES ELDERLY HOUSING, INC. HAS ANY UNCERTAIN TAX POSITIONS. AS OF DECEMBER 31 2014, LYMES ELDERLY HOUSING, INC. DOES NOT BELIEVE IT IS EXPOSED TO ANY UNCERTAIN TAX POSITIONS. CURRENTLY, LYMES ELDERLY HOUSING, INC.'S INFORMATIONAL RETURNS FOR TAX YEARS 2011-2013 REMAIN OPEN FOR INSPECTION BY THE IRS WITH THE 2014 RETURNS TO BE FILED IN 2015.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1CHANGES IN RESERVE FOR BETTERMENTS 3,048.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2CHANGES IN RESERVE FOR BETTERMENTS 3,048.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XII, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0580636
IRS990ScheduleD/TotalExpensesPerForm990Amt0267697
IRS990ScheduleD/TotalLiabilityAmt045203
IRS990ScheduleD/TotalRevenuePerForm990Amt0246639
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0243591
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0264649
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HAS CONTRACTED WITH ELDERLY HOUSING MANAGEMENT TO PROVIDE PROPERTY MANAGEMENT SERVICES FOR THE APARTMENT BUILDING. ALL EMPLOYEES ARE EMPLOYEES OF ELDERLY HOUSING MANAGEMENT. SALARIES ON THE 990 REPRESENT REIMBURSEMENTS TO EHM FOR EMPLOYEES WHO WORK ON-SITE AT THE ORGANIZATION'S APARTMENT FACILITY. EHM PROVIDES ALL MANAGEMENT, ACCOUNTING, AND MAINTENANCE SERVICES RELATED TO THE PROPERTY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A DRAFT COPY OF THE 990 WAS PROVIDED TO THE BOARD AT THE SAME TIME THE AUDIT DRAFT WAS SUBMITTED. THE BOARD WAS REQUESTED TO REVIEW THE 990 AND PROVIDE INPUT ON THE COMPLETION OF THE FINAL FORM.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THIS IS REQUIRED BY HUD AND IS REVIEWED BY HUD
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3AVAILABLE UPON WRITTEN REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0748855
IRS990/TotalAssetsEOYAmt01093599
IRS990/TotalAssetsGrp/BOYAmt0748855
IRS990/TotalAssetsGrp/EOYAmt01093599
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt031390
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0267697
IRS990/TotalFunctionalExpensesGrp/TotalAmt0267697
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0978902
IRS990/TotalLiabilitiesEOYAmt01344704
IRS990/TotalLiabilitiesGrp/BOYAmt0978902
IRS990/TotalLiabilitiesGrp/EOYAmt01344704
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-230047
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-251105
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0267697
IRS990/TotalProgramServiceRevenueAmt0215085
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0164
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0215085
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0246639
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0748855
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01093599
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0-230047
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0-251105
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0127 WASHINGTON AVENUE 5TH FL EAST
IRS990/USAddress/CityNm0NORTH HAVEN
IRS990/USAddress/StateAbbreviationCd0CT

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2014 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,093,599
Liabilities
$1,344,704
Net assets
-$251,105
Revenue
$246,639
Expenses
$267,697
Net income
-$21,058
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.53$1.29$0.76$0.29$0.31$0.02
2023Detailed filing. Detailed filing data is available for this year.$0.52$1.28$0.76$0.26$0.41$0.14
2022Detailed filing. Detailed filing data is available for this year.$0.67$1.28$0.62$0.27$0.29$0.03
2021Detailed filing. Detailed filing data is available for this year.$0.70$1.28$0.58$0.27$0.28$0.00
2020Detailed filing. Detailed filing data is available for this year.$0.73$1.29$0.57$0.25$0.29$0.05
2019Detailed filing. Detailed filing data is available for this year.$0.80$1.32$0.52$0.24$0.31$0.07
2018Detailed filing. Detailed filing data is available for this year.$0.86$1.31$0.45$0.24$0.30$0.06
2017Detailed filing. Detailed filing data is available for this year.$0.93$1.32$0.39$0.25$0.28$0.03
2016Detailed filing. Detailed filing data is available for this year.$0.98$1.34$0.36$0.24$0.30$0.06
2015Detailed filing. Detailed filing data is available for this year.$1.03$1.33$0.30$0.24$0.29$0.05
2014Detailed filing. Detailed filing data is available for this year.$1.09$1.34$0.25$0.25$0.27$0.02
2013Detailed filing. Detailed filing data is available for this year.$0.75$0.98$0.23$0.23$0.28$0.05
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.80$0.98$0.18$0.27
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.86$1.00$0.14$0.25
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.90$0.99$0.09$0.24
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2014 filings • 501(c)3 • $1M-$5M nonprofits