Civic Intelligence

Housing Solutions for Southeastern Massachusetts Inc.

990 • Fiscal year 2020 • EIN 23-7131446

Jul 01, 2019 to Jun 30, 2020 • Filed on Feb 02, 2021

Organization ProfileWWW.NHSMASS.ORG
169 Summer StreetKingston, MA 02364

(781) 422-4200

Siviq Scores

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

Liabilities / Assets

68th percentile

0.27x

Higher debt load relative to assets than 68% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

94th percentile

3.58x

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

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

12th percentile

-28%

Higher net margin than 12% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

91st percentile

$213,866

Higher top officer pay than 91% of similar nonprofits.

Top officer pay equals 77.6% of source-year revenue.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Asset Growth

1st percentile

-51%

Faster asset growth than 1% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

1st percentile

-99%

Faster revenue growth than 1% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets68th percentile

Assets

Down

$3,695,614

Down $3,912,627 (-51%) from 2019

Net Assets

Down

$2,710,487

Down $109,754 (-3.9%) from 2019

Liabilities

Down

$985,127

Down $3,802,873 (-79%) from 2019

Revenue And Expenses
Liabilities / Revenue94th percentileNet Margin12th percentile

Revenue

Down

$275,547

Down $44,949,907 (-99%) from 2019

Expenses

Down

$352,187

Down $44,852,601 (-99%) from 2019

Net Income

Down

-$76,640

Down $97,306 (-471%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth1st percentile

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

$10M$5.0M$0Assets 2010: $6,525,637Liabilities 2010: $6,315,748Net Assets 2010: $209,8892010Assets 2012: $6,240,895Liabilities 2012: $5,071,524Net Assets 2012: $1,169,3712012Assets 2013: $7,923,540Liabilities 2013: $6,050,567Net Assets 2013: $1,872,9732013Assets 2014: $6,827,707Liabilities 2014: $5,517,613Net Assets 2014: $1,310,0942014Assets 2015: $5,333,614Liabilities 2015: $4,558,939Net Assets 2015: $774,6752015Assets 2016: $7,224,170Liabilities 2016: $4,383,162Net Assets 2016: $2,841,0082016Assets 2017: $7,326,553Liabilities 2017: $4,194,563Net Assets 2017: $3,131,9902017Assets 2018: $7,346,913Liabilities 2018: $4,564,147Net Assets 2018: $2,782,7662018Assets 2019: $7,608,241Liabilities 2019: $4,788,000Net Assets 2019: $2,820,2412019Assets 2020: $3,695,614Liabilities 2020: $985,127Net Assets 2020: $2,710,4872020Assets 2021: $3,847,166Liabilities 2021: $647,940Net Assets 2021: $3,199,2262021Assets 2022: $7,458,728Liabilities 2022: $596,799Net Assets 2022: $6,861,9292022Assets 2023: $7,821,692Liabilities 2023: $376,260Net Assets 2023: $7,445,4322023Assets 2024: $7,939,078Liabilities 2024: $304,314Net Assets 2024: $7,634,7642024Assets 2025: $8,270,730Liabilities 2025: $290,487Net Assets 2025: $7,980,2432025

Highlighted filing

2020

Assets$3,695,614
Liabilities$985,127
Net Assets$2,710,487
Open 2020 Filing

Operations Trend

Revenue Growth1st percentile

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

$60M$40M$20M$0-$20MExpenses 2010: $33,281,1012010Expenses 2012: $43,947,0242012Expenses 2013: $52,175,6542013Revenue 2014: $44,518,619Expenses 2014: $44,635,363Net Income 2014: -$116,7442014Revenue 2015: $36,779,877Expenses 2015: $36,853,831Net Income 2015: -$73,9542015Revenue 2016: $38,908,178Expenses 2016: $39,222,715Net Income 2016: -$314,5372016Revenue 2017: $41,662,465Expenses 2017: $41,323,175Net Income 2017: $339,2902017Revenue 2018: $41,680,278Expenses 2018: $42,013,354Net Income 2018: -$333,0762018Revenue 2019: $45,225,454Expenses 2019: $45,204,788Net Income 2019: $20,6662019Revenue 2020: $275,547Expenses 2020: $352,187Net Income 2020: -$76,6402020Revenue 2021: $886,734Expenses 2021: $438,688Net Income 2021: $448,0462021Revenue 2022: $251,887Expenses 2022: $276,995Net Income 2022: -$25,1082022Revenue 2023: $617,415Expenses 2023: $276,950Net Income 2023: $340,4652023Revenue 2024: $111,909Expenses 2024: $176,723Net Income 2024: -$64,8142024Revenue 2025: $231,275Expenses 2025: $142,242Net Income 2025: $89,0332025

Highlighted filing

2020

Revenue$275,547
Expenses$352,187
Net Income-$76,640
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Feb 2, 2021
Return Version
2019v5.2
Gross Receipts
$275,547
Mission and Program Overview

Mission

To promote, organize and manage programs that provide affordable housing in order to improve the quality of life in the southeastern massachusetts area.

To enhance the quality of life for low and moderate income people by providing decent, safe and affordable housing. Housing solutions for southeastern massachusetts realizes its mission by: assisting families in finding apartments they can afford; supporting families as they move forward toward economic and social independence; aiding individuals in reconnecting with their communities; offering related housing and homeownership educational programs; helping cities and towns build or rehabilitate housing for the elderly; acting as a consultant or partner with developers to facilitate building affordable family housing; and providing expertise to cities and towns in renovating roads and streets.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$752,152$787,733▲ $35,581
Accounts Receivable$766,193--
Cash and Non-Interest-Bearing Accounts$4,454,844$431,150▼ $4,023,694
Prepaid Expenses and Deferred Charges$49,659$6,040▼ $43,619
Investments Other Securities$48,825$-234,287▼ $283,112
Total Assets$7,608,241$3,695,614▼ $3,912,627
Other Assets Total$1,536,568$2,704,978▲ $1,168,410
Liabilities
Deferred Revenue$2,551,948--
Mortgage Notes Payable Secured by Investment Property$728,172$883,932▲ $155,760
Escrow Account Liability$263,680--
Accounts Payable and Accrued Expenses$1,244,200$101,195▼ $1,143,005
Total Liabilities$4,788,000$985,127▼ $3,802,873
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,717,411$2,635,790▼ $81,621
Net Assets With Donor Restrictions$102,830$74,697▼ $28,133
Total Net Assets Fund Balance$2,820,241$2,710,487▼ $109,754
Total Liabilities and Net Assets / Fund Balance$7,608,241$3,695,614▼ $3,912,627

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$630,018$1,323,029$1,953,047
Equipment$33,715$196,243$229,958
Land$124,000-$124,000
Other Assets Org$262,510--
Compensation and Service Providers
Top Officer Pay91st percentile

Board Members and Trustees

NameTitle
Michael McgowanPresident Chair
Beverly SomervilleVice Chair
Antoinette PabonDirector
Brian MccowanDirector
Carol DeloreyDirector
David FarrellDirector
Goretti JoaquimDirector
Greidy TerreroDirector
Jean RileyDirector
Jeffrey CharnelDirector
Kristina DafonsecaDirector
Lashaunda WatsonDirector
Michael HealyDirector
Richard PetersonDirector
Steven BogersonDirector
Thomas KingDirector
Daryl MayersAssistant Clerk
Robert CorleyChief Executive Officer
Maureen PetersenChief Financial Officer
Jeff GraeberClerk
David KilnappTreasurer
Patrick NeenanVice Treasuer
Revenue and Support

Revenue Composition

Contributions and Grants
$2,500
Program Service Revenue
$273,047
Investment Income
$0
Other Revenue
$0
All Other Contributions
$2,500
Change in Net Assets
$-76,640
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$352,187
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
Depreciation Depletion$140,267--$140,267
Occupancy$97,490--$97,490
Office Expenses$45,188--$45,188
Interest$36,080--$36,080
Fees for Services Management$12,484--$12,484
Insurance$9,792--$9,792
Other Expenses$4,241--$4,241
Fees for Services Legal$338--$338
Travel$193--$193
Total Functional Expenses$352,187$0$0$352,187
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
Yes
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 4

“The organization's by-laws were amended to merge its board of directors with neighborhood housing services of the south shore, inc., a 501(c)(3) tax exempt organization and its affilated entities.”

Form 990, Part VI, Section B, Line 11B

“The form 990 is presented to the board of directors. After reviewing the form 990 and all questions have been answered the form is approved by the governing board for filing.”

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

“Each member of the governing board completes a conflict of interest document at each year's annual meeting as required by the organization's policy. Any conflicts that arise during the year are addressed.”

Form 990, Part VI, Section B, Line 15A

“Compensation for the executive director and key members of management is set by the executive committee of the organization as delineated in the organization's by-laws”

Form 990, Part VI, Section C, Line 19

“The organization makes its governing documents and financial statements available to the public upon request. Copies of the financial statements and tax returns are available on the commonwealth of massachusetts division of public charities website, as well as, other publicly available websites”

Filing and Contact Details

Filer

Filer Name
Housing Solutions for Southeastern
EIN
23-7131446
Phone
7814224200
Address
169 SUMMER STREET, KINGSTON, MA 02364

Signing Officer

Name
Maureen Petersen
Title
Chief Financial Officer
Phone
7814224200
Signed
2021-02-02

Organization Details

Principal Officer
Maureen Petersen
Formed
1970
Legal Domicile
Ma
Voting Board Members
20
Independent Board Members
20
Employees
0
Volunteers
0

Preparer

Firm
Daniel Dennis & Company Llp
Address
990 WASHINGTON STREET STE 308A, DEDHAM, MA 02026
Preparer
Eric Mahoney
Phone
6172629898
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 3

“On july 1, 2019, housing solutions for southeastern massachusetts merged its board of directors with neighborworks housing solutions, a 501(c)(3) tax exempt organization, with similar organizational, funding and operational structures, and transferred its affordable housing assistance programs to that organization.”

Financial Statement Notes

PART X, LINE 2:

“Hssm evaluates tax positions taken or expected to be taken in its tax returns to determine whether the tax positions are "more-likely-than-not" of being sustained by the applicable tax authority. At june 30, 2020, hssm believes that it has no uncertain tax positions within its open tax returns (2017-2019).”

Raw XML AppendixShowing 400 of 803 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/ActivityOrMissionDesc0TO ENHANCE THE QUALITY OF LIFE FOR LOW AND MODERATE INCOME PEOPLE BY PROVIDING DECENT, SAFE AND AFFORDABLE HOUSING. HOUSING SOLUTIONS FOR SOUTHEASTERN MASSACHUSETTS REALIZES ITS MISSION BY: ASSISTING FAMILIES IN FINDING APARTMENTS THEY CAN AFFORD; SUPPORTING FAMILIES AS THEY MOVE FORWARD TOWARD ECONOMIC AND SOCIAL INDEPENDENCE; AIDING INDIVIDUALS IN RECONNECTING WITH THEIR COMMUNITIES; OFFERING RELATED HOUSING AND HOMEOWNERSHIP EDUCATIONAL PROGRAMS; HELPING CITIES AND TOWNS BUILD OR REHABILITATE HOUSING FOR THE ELDERLY; ACTING AS A CONSULTANT OR PARTNER WITH DEVELOPERS TO FACILITATE BUILDING AFFORDABLE FAMILY HOUSING; AND PROVIDING EXPERTISE TO CITIES AND TOWNS IN RENOVATING ROADS AND STREETS.
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20185571
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt21128387
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3VICE TREASUER
IRS990/Form990PartVIISectionAGrp/TitleTxt4CLERK
IRS990/Form990PartVIISectionAGrp/TitleTxt5ASSISTANT CLERK
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20CHIEF EXECUTIVE OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt21CHIEF FINANCIAL OFFICER
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01970
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt020
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0275547
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt020
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt09792
IRS990/InsuranceGrp/TotalAmt09792
IRS990/InterestGrp/ProgramServicesAmt036080
IRS990/InterestGrp/TotalAmt036080
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt048825
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt0-234287
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01519272
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0752152
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0787733
IRS990/LandBldgEquipCostOrOtherBssAmt02307005
IRS990/LegalDomicileStateCd0MA
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO PROMOTE, ORGANIZE AND MANAGE PROGRAMS THAT PROVIDE AFFORDABLE HOUSING IN ORDER TO IMPROVE THE QUALITY OF LIFE IN THE SOUTHEASTERN MASSACHUSETTS AREA.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0728172
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0883932
IRS990/NetAssetsOrFundBalancesBOYAmt02820241
IRS990/NetAssetsOrFundBalancesEOYAmt02710487
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-33114
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt02717411
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt02635790
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt097490
IRS990/OccupancyGrp/TotalAmt097490
IRS990/OfficeExpensesGrp/ProgramServicesAmt045188
IRS990/OfficeExpensesGrp/TotalAmt045188
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt01536568
IRS990/OtherAssetsTotalGrp/EOYAmt02704978
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0MISCELLANEOUS
IRS990/OtherExpensesGrp/Desc1BAD DEBT
IRS990/OtherExpensesGrp/ProgramServicesAmt06114
IRS990/OtherExpensesGrp/ProgramServicesAmt14241
IRS990/OtherExpensesGrp/TotalAmt06114
IRS990/OtherExpensesGrp/TotalAmt14241
IRS990/PartialLiquidationInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt049659
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt06040
IRS990/PrincipalOfficerNm0MAUREEN PETERSEN
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/BusinessCd1531310
IRS990/ProgramServiceRevenueGrp/BusinessCd2900099
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL REVENUE
IRS990/ProgramServiceRevenueGrp/Desc1PROPERTY MANAGEMENT FE
IRS990/ProgramServiceRevenueGrp/Desc2INTEREST INCOME
IRS990/ProgramServiceRevenueGrp/ExclusionAmt049732
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0124900
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt198415
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0124900
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt198415
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt249732
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0110671
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt042018135
IRS990/PYOtherRevenueAmt035632
IRS990/PYProgramServiceRevenueAmt045079151
IRS990/PYRevenuesLessExpensesAmt020666
IRS990/PYSalariesCompEmpBnftPaidAmt03186653
IRS990/PYTotalExpensesAmt045204788
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt045225454
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-76640
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0223315
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt02500
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt039883129
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt036823800
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt035874651
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt033253132
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0145837212
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt049732
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt047107
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt051160
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt042906
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt046460
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0237365
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt024041820
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt035632
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt042760
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt0143075
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt094001
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0315468
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99620
IRS990ScheduleA/PublicSupportPY170Pct00.99640
IRS990ScheduleA/PublicSupportTotal170Amt0145837212
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt02500
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt039883129
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt036823800
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt035874651
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt033253132
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0145837212
IRS990ScheduleA/TotalSupportAmt0146390045
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/AgentTrusteeEtcInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt0630018
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01323029
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01953047
IRS990ScheduleD/EquipmentGrp/BookValueAmt033715
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0196243
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0229958
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd00
IRS990ScheduleD/LandGrp/BookValueAmt0124000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0124000
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt012669
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt12429799
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt2262510
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0TENANT SECURITY DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1DUE FROM AFFILIATES
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2DEFERRED DEVELOPMENT COSTS
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0HSSM EVALUATES TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN ITS TAX RETURNS TO DETERMINE WHETHER THE TAX POSITIONS ARE "MORE-LIKELY-THAN-NOT" OF BEING SUSTAINED BY THE APPLICABLE TAX AUTHORITY. AT JUNE 30, 2020, HSSM BELIEVES THAT IT HAS NO UNCERTAIN TAX POSITIONS WITHIN ITS OPEN TAX RETURNS (2017-2019).
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0787733

Document Assets

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Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,695,614
Liabilities
$985,127
Net assets
$2,710,487
Revenue
$275,547
Expenses
$352,187
Net income
-$76,640
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$8.27$0.29$7.98$0.23$0.14$0.09
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.94$0.30$7.63$0.11$0.18$0.06
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.82$0.38$7.45$0.62$0.28$0.34
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.46$0.60$6.86$0.25$0.28$0.03
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.85$0.65$3.20$0.89$0.44$0.45
2020Detailed filing. Detailed filing data is available for this year.$3.70$0.99$2.71$0.28$0.35$0.08
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.61$4.79$2.82$45.2$45.2$0.02
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.35$4.56$2.78$41.7$42.0$0.33
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.33$4.19$3.13$41.7$41.3$0.34
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.22$4.38$2.84$38.9$39.2$0.31
2015Detailed filing. Detailed filing data is available for this year.$5.33$4.56$0.77$36.8$36.9$0.07
2014Detailed filing. Detailed filing data is available for this year.$6.83$5.52$1.31$44.5$44.6$0.12
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.92$6.05$1.87$52.2
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.24$5.07$1.17$43.9
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.53$6.32$0.21$33.3