Civic Intelligence

Nutley Episcopal Senior Housing Inc.

990 • Fiscal year 2015 • EIN 22-3570496

Jan 01, 2015 to Dec 31, 2015 • Filed on Nov 04, 2016

47 Vincent PlaceNutley, NJ 07110

(973) 542-0311

Siviq Scores

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

Liabilities / Assets

89th percentile

1.33x

Higher debt load relative to assets than 89% of similar nonprofits.

2015 filings • NTEE L • $5M-$10M nonprofits • Source year 2015

Liabilities / Revenue

83rd percentile

11.84x

Higher debt load relative to revenue than 83% of similar nonprofits.

2015 filings • NTEE L • $5M-$10M nonprofits • Source year 2015

Net Margin

28th percentile

-22%

Higher net margin than 28% of similar nonprofits.

2015 filings • NTEE L • $5M-$10M nonprofits • Source year 2015

Top Officer Pay

36th percentile

$0

Higher top officer pay than 36% of similar nonprofits.

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

2015 filings • NTEE L • $5M-$10M nonprofits • Source year 2015

Asset Growth

37th percentile

-2.4%

Faster asset growth than 37% of similar nonprofits.

2015 filings • NTEE L • $5M-$10M nonprofits • Annualized from 2014 to 2015

Revenue Growth

44th percentile

0.4%

Faster revenue growth than 44% of similar nonprofits.

2015 filings • NTEE L • $5M-$10M nonprofits • Annualized from 2014 to 2015

Assets

Down

$5,684,816

Down $138,496 (-2.4%) from 2014

Net Assets

Down

-$1,867,752

Down $138,292 (-8.0%) from 2014

Liabilities

Down

$7,552,568

Down $204 (-0.0%) from 2014

Revenue

Up

$637,978

Up $2,754 (+0.4%) from 2014

Expenses

Up

$776,270

Up $17,221 (+2.3%) from 2014

Net Income

Down

-$138,292

Down $14,467 (-12%) from 2014

Historical Trend

Balance Sheet Trend

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

$10M$5.0M$0-$5.0MAssets 2010: $6,365,085Liabilities 2010: $7,601,638Net Assets 2010: -$1,236,5532010Assets 2011: $6,184,585Liabilities 2011: $7,552,866Net Assets 2011: -$1,368,2812011Assets 2012: $6,061,556Liabilities 2012: $7,553,047Net Assets 2012: -$1,491,4912012Assets 2013: $5,952,055Liabilities 2013: $7,558,355Net Assets 2013: -$1,606,3002013Assets 2014: $5,823,312Liabilities 2014: $7,552,772Net Assets 2014: -$1,729,4602014Assets 2015: $5,684,816Liabilities 2015: $7,552,568Net Assets 2015: -$1,867,7522015Assets 2016: $5,544,182Liabilities 2016: $7,554,143Net Assets 2016: -$2,009,9612016Assets 2017: $5,420,221Liabilities 2017: $7,572,959Net Assets 2017: -$2,152,7382017Assets 2018: $5,256,258Liabilities 2018: $7,581,713Net Assets 2018: -$2,325,4552018Assets 2019: $5,115,365Liabilities 2019: $7,590,293Net Assets 2019: -$2,474,9282019Assets 2020: $4,967,817Liabilities 2020: $7,601,591Net Assets 2020: -$2,633,7742020Assets 2021: $4,781,486Liabilities 2021: $7,608,755Net Assets 2021: -$2,827,2692021Assets 2022: $4,562,461Liabilities 2022: $7,639,350Net Assets 2022: -$3,076,8892022Assets 2023: $4,403,968Liabilities 2023: $7,671,008Net Assets 2023: -$3,267,0402023Assets 2024: $4,217,234Liabilities 2024: $7,608,306Net Assets 2024: -$3,391,0722024

Highlighted filing

2015

Assets$5,684,816
Liabilities$7,552,568
Net Assets-$1,867,752

Operations Trend

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

$1.0M$500K$0-$500KExpenses 2010: $793,9332010Expenses 2011: $744,9352011Revenue 2012: $635,794Expenses 2012: $759,004Net Income 2012: -$123,2102012Revenue 2013: $629,528Expenses 2013: $744,337Net Income 2013: -$114,8092013Revenue 2014: $635,224Expenses 2014: $759,049Net Income 2014: -$123,8252014Revenue 2015: $637,978Expenses 2015: $776,270Net Income 2015: -$138,2922015Revenue 2016: $638,966Expenses 2016: $781,175Net Income 2016: -$142,2092016Revenue 2017: $667,368Expenses 2017: $810,145Net Income 2017: -$142,7772017Revenue 2018: $666,697Expenses 2018: $839,414Net Income 2018: -$172,7172018Revenue 2019: $676,896Expenses 2019: $826,369Net Income 2019: -$149,4732019Revenue 2020: $681,586Expenses 2020: $840,432Net Income 2020: -$158,8462020Revenue 2021: $699,144Expenses 2021: $892,639Net Income 2021: -$193,4952021Revenue 2022: $711,893Expenses 2022: $961,513Net Income 2022: -$249,6202022Revenue 2023: $792,220Expenses 2023: $982,371Net Income 2023: -$190,1512023Revenue 2024: $853,632Expenses 2024: $977,664Net Income 2024: -$124,0322024

Highlighted filing

2015

Revenue$637,978
Expenses$776,270
Net Income-$138,292
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Nov 4, 2016
Return Version
2015v2.1
Gross Receipts
$637,978
Mission and Program Overview

Mission

The organization's mission is to provide federally subsidized housing for the elderly & handicapped.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$5,328,721$5,164,978▼ $163,743
Cash and Non-Interest-Bearing Accounts$27,975$54,303▲ $26,328
Prepaid Expenses and Deferred Charges$28,427$29,073▲ $646
Total Assets$5,823,312$5,684,816▼ $138,496
Other Assets Total$438,189$436,462▼ $1,727
Liabilities
Unsecured Notes Loans Payable$7,506,344$7,506,344→ $0
Other Liabilities$28,662$28,326▼ $336
Accounts Payable and Accrued Expenses$17,766$17,898▲ $132
Total Liabilities$7,552,772$7,552,568▼ $204
Net Assets / Fund Balance
Unrestricted Net Assets$-1,729,460$-1,867,752▼ $138,292
Total Net Assets Fund Balance$-1,729,460$-1,867,752▼ $138,292
Total Liabilities and Net Assets / Fund Balance$5,823,312$5,684,816▼ $138,496

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$4,673,647$2,402,557$7,076,204
Land$420,000-$420,000
Equipment$71,331$86,717$158,048
Other Assets Org$28,326--
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$331,414
Program Service Revenue
$306,028
Investment Income
$536
Other Revenue
$0
Change in Net Assets
$-138,292
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$776,270
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
Fees for Services Other$226,781$51,584-$278,365
Depreciation Depletion$187,491--$187,491
Fees for Services Management-$41,472-$41,472
Insurance$39,486--$39,486
All Other Expenses$16,141--$16,141
Other Expenses$16,025--$16,025
Office Expenses$15,555--$15,555
Fees for Services Accounting-$13,777-$13,777
Fees for Services Legal-$12,000-$12,000
Occupancy$8,988--$8,988
Total Functional Expenses$657,437$118,833$0$776,270
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
Tenant Security Deposit Payable$28,326
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
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
No
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 3

Supervising personnel, planning or executing budgets and financial operati ons.

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

A draft of the 990 has been distributed to board members for comments prior to filing.

Form 990, Page 6, Part VI, Line 19

Information regarding governing documents and financial statements are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Nutley Episcopal Senior Housing in
EIN
22-3570496
Phone
9735420311
Address
47 VINCENT PLACE, NUTLEY, NJ 07110

Signing Officer

Name
Salvatore Ferraro
Title
President
Phone
9735420311
Signed
2016-11-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Salvatore Ferraro
Formed
1998
Legal Domicile
Nj
Voting Board Members
10
Independent Board Members
10
Employees
0

Preparer

Firm
Geltrude & Company LLC
Address
513 FRANKLIN AVE, NUTLEY, NJ 07110-1746
Preparer
Michael W Carlon
Phone
9736679100
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

Provides federally subsidized housing for the elderly & handicapped.

Form 990, Part IX, Line 11G

Superintendent salaries 65,143 0 0 payroll 81,736 0 0 payrol tax 15,579 3,191 0 office salaries 0 35,218 0 health insurance benefits 64,323 13,175 0

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IRS990/PYOtherExpensesAmt0759049
IRS990/PYProgramServiceRevenueAmt0308696
IRS990/PYRevenuesLessExpensesAmt0-123825
IRS990/PYTotalExpensesAmt0759049
IRS990/PYTotalRevenueAmt0635224
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-138292
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0306028
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0331414
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0326018
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0328227
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0336458
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0315199
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01637316
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0536
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0510
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0282
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0771
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0850
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt02949
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0306564
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99820
IRS990ScheduleA/PublicSupportPY170Pct00.99750
IRS990ScheduleA/PublicSupportTotal170Amt01637316
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0331414
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0326018
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0328227
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0336458
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0315199
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01637316
IRS990ScheduleA/TotalSupportAmt01640265
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt04673647
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02402557
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt07076204
IRS990ScheduleD/EquipmentGrp/BookValueAmt071331
IRS990ScheduleD/EquipmentGrp/DepreciationAmt086717
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0158048
IRS990ScheduleD/LandGrp/BookValueAmt0420000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0420000
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0311793
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt196343
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt228326
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0RESERVES FOR REPLACEMENTS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1RESIDUAL RECEIPTS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2TENANT SECURITY DEPOSIT
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt028326
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT SECURITY DEPOSIT PAYABLE
IRS990ScheduleD/TotalBookValueLandBuildingsAmt05164978
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0436462
IRS990ScheduleD/TotalLiabilityAmt028326
IRS990ScheduleJ/AnyNonFixedPaymentsInd0false
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd0false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0KATHY REMPUSITESKI
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1LORRAINE KUCINSKI
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm2ZOE TOYE
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm3MARTHA REINER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0TRUSTEE
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1TRUSTEE
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt2TRUSTEE
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt3TRUSTEE
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PROVIDES FEDERALLY SUBSIDIZED HOUSING FOR THE ELDERLY & HANDICAPPED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1SUPERVISING PERSONNEL, PLANNING OR EXECUTING BUDGETS AND FINANCIAL OPERATI ONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2A DRAFT OF THE 990 HAS BEEN DISTRIBUTED TO BOARD MEMBERS FOR COMMENTS PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3INFORMATION REGARDING GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4SUPERINTENDENT SALARIES 65,143 0 0 PAYROLL 81,736 0 0 PAYROL TAX 15,579 3,191 0 OFFICE SALARIES 0 35,218 0 HEALTH INSURANCE BENEFITS 64,323 13,175 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4D
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 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART IX, LINE 11G
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt05823312
IRS990/TotalAssetsEOYAmt05684816
IRS990/TotalAssetsGrp/BOYAmt05823312
IRS990/TotalAssetsGrp/EOYAmt05684816
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0331414
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0118833
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0657437
IRS990/TotalFunctionalExpensesGrp/TotalAmt0776270
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt07552772
IRS990/TotalLiabilitiesEOYAmt07552568
IRS990/TotalLiabilitiesGrp/BOYAmt07552772
IRS990/TotalLiabilitiesGrp/EOYAmt07552568
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-1729460
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-1867752
IRS990/TotalProgramServiceExpensesAmt0657437
IRS990/TotalProgramServiceRevenueAmt0306028
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0306564
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0637978
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt05823312
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt05684816
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0-1729460
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0-1867752
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt07506344
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt07506344
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt023 GLESS AVE
IRS990/USAddress/CityNm0NUTLEY
IRS990/USAddress/StateAbbreviationCd0NJ
IRS990/USAddress/ZIPCd007110
IRS990/VotingMembersGoverningBodyCnt010
IRS990/VotingMembersIndependentCnt010
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0SALVATORE FERRARO

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.22$7.61$3.39$0.85$0.98$0.12
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.40$7.67$3.27$0.79$0.98$0.19
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.56$7.64$3.08$0.71$0.96$0.25
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.78$7.61$2.83$0.70$0.89$0.19
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.97$7.60$2.63$0.68$0.84$0.16
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.12$7.59$2.47$0.68$0.83$0.15
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.26$7.58$2.33$0.67$0.84$0.17
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.42$7.57$2.15$0.67$0.81$0.14
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.54$7.55$2.01$0.64$0.78$0.14
2015Detailed filing. Detailed filing data is available for this year.$5.68$7.55$1.87$0.64$0.78$0.14
2014Detailed filing. Detailed filing data is available for this year.$5.82$7.55$1.73$0.64$0.76$0.12
2013Detailed filing. Detailed filing data is available for this year.$5.95$7.56$1.61$0.63$0.74$0.11
2012Summary only. Only limited summary data is available for this year.$6.06$7.55$1.49$0.64$0.76$0.12
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.18$7.55$1.37$0.74
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.37$7.60$1.24$0.79
Peer Organizations

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