Civic Intelligence

Hillside Elderly Housing Inc.

990 • Fiscal year 2016 • EIN 06-1307718

Jul 01, 2015 to Jun 30, 2016 • Filed on Oct 21, 2016

127 Washington Avenue 5th FL EastNorth Haven, CT 06473

(860) 350-6505

Siviq Scores

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

Liabilities / Assets

30th percentile

0.02x

Higher debt load relative to assets than 30% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

39th percentile

0.06x

Higher debt load relative to revenue than 39% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Net Margin

23rd percentile

-9.0%

Higher net margin than 23% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

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

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Asset Growth

25th percentile

-4.0%

Faster asset growth than 25% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

53rd percentile

3.8%

Faster revenue growth than 53% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Assets

Down

$1,835,029

Down $75,812 (-4.0%) from 2015

Net Assets

Down

$1,798,230

Down $54,418 (-2.9%) from 2015

Liabilities

Down

$36,799

Down $21,394 (-37%) from 2015

Revenue

Up

$607,426

Up $22,152 (+3.8%) from 2015

Expenses

Down

$661,844

Down $39,574 (-5.6%) from 2015

Net Income

Up

-$54,418

Up $61,726 (+53%) from 2015

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2011: $2,169,153Liabilities 2011: $27,930Net Assets 2011: $2,141,2232011Assets 2012: $2,169,627Liabilities 2012: $98,530Net Assets 2012: $2,071,0972012Assets 2013: $2,089,303Liabilities 2013: $49,148Net Assets 2013: $2,040,1552013Assets 2014: $2,027,780Liabilities 2014: $58,988Net Assets 2014: $1,968,7922014Assets 2015: $1,910,841Liabilities 2015: $58,193Net Assets 2015: $1,852,6482015Assets 2016: $1,835,029Liabilities 2016: $36,799Net Assets 2016: $1,798,2302016Assets 2017: $1,790,749Liabilities 2017: $61,719Net Assets 2017: $1,729,0302017Assets 2018: $1,752,691Liabilities 2018: $38,714Net Assets 2018: $1,713,9772018Assets 2019: $1,693,512Liabilities 2019: $41,940Net Assets 2019: $1,651,5722019Assets 2020: $1,675,375Liabilities 2020: $38,098Net Assets 2020: $1,637,2772020Assets 2021: $1,617,902Liabilities 2021: $64,251Net Assets 2021: $1,553,6512021Assets 2022: $1,532,808Liabilities 2022: $34,778Net Assets 2022: $1,498,0302022Assets 2023: $1,468,615Liabilities 2023: $53,605Net Assets 2023: $1,415,0102023Assets 2024: $1,430,923Liabilities 2024: $54,332Net Assets 2024: $1,376,5912024Assets 2025: $1,374,836Liabilities 2025: $68,903Net Assets 2025: $1,305,9332025

Highlighted filing

2016

Assets$1,835,029
Liabilities$36,799
Net Assets$1,798,230

Operations Trend

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

$1.0M$500K$0-$500KExpenses 2011: $562,3182011Expenses 2012: $575,3332012Revenue 2013: $575,460Expenses 2013: $606,402Net Income 2013: -$30,9422013Revenue 2014: $592,997Expenses 2014: $664,360Net Income 2014: -$71,3632014Revenue 2015: $585,274Expenses 2015: $701,418Net Income 2015: -$116,1442015Revenue 2016: $607,426Expenses 2016: $661,844Net Income 2016: -$54,4182016Revenue 2017: $620,652Expenses 2017: $689,852Net Income 2017: -$69,2002017Revenue 2018: $625,593Expenses 2018: $640,646Net Income 2018: -$15,0532018Revenue 2019: $618,136Expenses 2019: $680,541Net Income 2019: -$62,4052019Revenue 2020: $604,772Expenses 2020: $681,878Net Income 2020: -$77,1062020Revenue 2021: $602,588Expenses 2021: $686,214Net Income 2021: -$83,6262021Revenue 2022: $620,612Expenses 2022: $676,233Net Income 2022: -$55,6212022Revenue 2023: $644,577Expenses 2023: $727,597Net Income 2023: -$83,0202023Revenue 2024: $696,395Expenses 2024: $722,111Net Income 2024: -$25,7162024Revenue 2025: $697,035Expenses 2025: $767,693Net Income 2025: -$70,6582025

Highlighted filing

2016

Revenue$607,426
Expenses$661,844
Net Income-$54,418
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Oct 21, 2016
Return Version
2015v2.1
Gross Receipts
$607,426
Mission and Program Overview

Mission

NONE

Provide low income elderly housing

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,724,113$1,633,916▼ $90,197
Savings and Temporary Cash Investments$170,997$157,304▼ $13,693
Cash and Non-Interest-Bearing Accounts$12,769$22,462▲ $9,693
Prepaid Expenses and Deferred Charges$295$21,300▲ $21,005
Accounts Receivable$2,667$47▼ $2,620
Total Assets$1,910,841$1,835,029▼ $75,812
Liabilities
Accounts Payable and Accrued Expenses$40,333$19,582▼ $20,751
Other Liabilities$17,860$17,217▼ $643
Total Liabilities$58,193$36,799▼ $21,394
Net Assets / Fund Balance
Temporarily Rstr Net Assets$3,574,695$3,574,725▲ $30
Unrestricted Net Assets$-1,722,047$-1,776,495▼ $54,448
Total Net Assets Fund Balance$1,852,648$1,798,230▼ $54,418
Total Liabilities and Net Assets / Fund Balance$1,910,841$1,835,029▼ $75,812

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,483,983$1,961,557$3,445,540
Other Land Buildings$129,932$135,026$264,958
Land$20,001-$20,001
Compensation and Service Providers

Board Members and Trustees

NameTitle
William FairbairnPresident
Carol HayDirector
Lois GoughDirector
Mabel PetersonDirector
Betsey ReidSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$607,143
Investment Income
$283
Other Revenue
$0
Change in Net Assets
$-54,418

Audited Revenue Reconciliation

Revenue per Audited Statements
$607,426
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$607,426
Total Revenue per Form 990
$607,426
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$465,526
Salaries, Compensation, and Employee Benefits$196,318
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$161,347--$161,347
Occupancy$127,122--$127,122
Depreciation Depletion$121,618--$121,618
Fees for Services Management$60,821--$60,821
Insurance$30,004--$30,004
Office Expenses$17,804--$17,804
Payroll Taxes$13,812--$13,812
Other Employee Benefits$13,414--$13,414
Pension Plan Contributions$7,745--$7,745
Fees for Services Accounting$4,621--$4,621
Other Expenses$4,032--$4,032
Conferences and Meetings$494--$494
Advertising$440--$440
Fees for Services Legal$73--$73
Interest$33--$33
Total Functional Expenses$661,844$0$0$661,844

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$661,844
Total Expenses per Audited Statements$661,844
Total Expenses per Form 990$661,844
Expenses Not Reported on Financial Statements$0
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
Security Deposits$17,217
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 organizations apartment facility. Ehm provides all management, accounting, and maintenance services related to the property.

Form 990, Part VI, Section A, Line 7A

The members of the corporation are the members of the board of directors, in office from time to time, of new samaritan corporation. These members have the power to remove, with or without cause, the directors of the corporation.

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
Hillside Elderly Housing Inc
EIN
06-1307718
Phone
8603506505
Address
127 WASHINGTON AVENUE 5TH FL EAST, NORTH HAVEN, CT 06473

Signing Officer

Name
Bill Fairbairn
Title
President
Phone
8603506505
Signed
2016-10-21
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Bill Fairbairn
Formed
1990
Legal Domicile
Ct
Voting Board Members
5
Independent Board Members
5
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
Raw XML Appendix382 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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IRS990ScheduleA/Total509Grp/TotalAmt02864893
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0607426
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0585274
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0592997
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0575460
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0505207
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt02866364
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt01483983
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01961557
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt03445540
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0661844
IRS990ScheduleD/LandGrp/BookValueAmt020001
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt020001
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0129932
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0135026
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0264958
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt017217
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0SECURITY DEPOSITS
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0607426
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01633916
IRS990ScheduleD/TotalExpensesPerForm990Amt0661844
IRS990ScheduleD/TotalLiabilityAmt017217
IRS990ScheduleD/TotalRevenuePerForm990Amt0607426
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0607426
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0661844
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 ORGANIZATIONS APARTMENT FACILITY. EHM PROVIDES ALL MANAGEMENT, ACCOUNTING, AND MAINTENANCE SERVICES RELATED TO THE PROPERTY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE MEMBERS OF THE CORPORATION ARE THE MEMBERS OF THE BOARD OF DIRECTORS, IN OFFICE FROM TIME TO TIME, OF NEW SAMARITAN CORPORATION. THESE MEMBERS HAVE THE POWER TO REMOVE, WITH OR WITHOUT CAUSE, THE DIRECTORS OF THE CORPORATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2A 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/ExplanationTxt3THIS IS REQUIRED BY HUD AND IS REVIEWED BY HUD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4AVAILABLE UPON WRITTEN REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt03574695
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt03574725
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01910841
IRS990/TotalAssetsEOYAmt01835029
IRS990/TotalAssetsGrp/BOYAmt01910841
IRS990/TotalAssetsGrp/EOYAmt01835029
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0661844
IRS990/TotalFunctionalExpensesGrp/TotalAmt0661844
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt058193
IRS990/TotalLiabilitiesEOYAmt036799
IRS990/TotalLiabilitiesGrp/BOYAmt058193
IRS990/TotalLiabilitiesGrp/EOYAmt036799
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01852648
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01798230
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0661844
IRS990/TotalProgramServiceRevenueAmt0607143
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0283
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0607143
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0607426
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01910841
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01835029
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0-1722047
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0-1776495
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0127 WASHINGTON AVENUE 5TH FL EAST
IRS990/USAddress/CityNm0NORTH HAVEN
IRS990/USAddress/StateAbbreviationCd0CT
IRS990/USAddress/ZIPCd006473
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0BILL FAIRBAIRN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum08603506505
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-10-21
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0HILLSIDE ELDERLY HOUSING INC
ReturnHeader/Filer/BusinessNameControlTxt0HILL
ReturnHeader/Filer/EIN0061307718
ReturnHeader/Filer/PhoneNum08603506505
ReturnHeader/Filer/USAddress/AddressLine1Txt0127 WASHINGTON AVENUE 5TH FL EAST
ReturnHeader/Filer/USAddress/CityNm0NORTH HAVEN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CT
ReturnHeader/Filer/USAddress/ZIPCd006473
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0060415530
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0KIRCALDIE RANDALL & MCNAB LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0605 WASHINGTON AVENUE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0NORTH HAVEN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0064731187
ReturnHeader/PreparerPersonGrp/PhoneNum02032394478
ReturnHeader/PreparerPersonGrp/PreparationDt02016-10-21
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0BRIAN S BORGERSON CPA
ReturnHeader/ReturnTs02016-10-25T11:26:24-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02015-07-01
ReturnHeader/TaxPeriodEndDt02016-06-30
ReturnHeader/TaxYr02015

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.37$0.07$1.31$0.70$0.77$0.07
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.43$0.05$1.38$0.70$0.72$0.03
2023Detailed filing. Detailed filing data is available for this year.$1.47$0.05$1.42$0.64$0.73$0.08
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.53$0.03$1.50$0.62$0.68$0.06
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.62$0.06$1.55$0.60$0.69$0.08
2020Detailed filing. Detailed filing data is available for this year.$1.68$0.04$1.64$0.60$0.68$0.08
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.69$0.04$1.65$0.62$0.68$0.06
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.75$0.04$1.71$0.63$0.64$0.02
2017Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$1.79$0.06$1.73$0.62$0.69$0.07
2016Detailed filing. Detailed filing data is available for this year.$1.84$0.04$1.80$0.61$0.66$0.05
2015Detailed filing. Detailed filing data is available for this year.$1.91$0.06$1.85$0.59$0.70$0.12
2014Detailed filing. Detailed filing data is available for this year.$2.03$0.06$1.97$0.59$0.66$0.07
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.09$0.05$2.04$0.58$0.61$0.03
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.17$0.10$2.07$0.58
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.17$0.03$2.14$0.56