Civic Intelligence

Housing Solutions for Southeastern Massachusetts Inc.

990 • Fiscal year 2023 • EIN 23-7131446

Jul 01, 2022 to Jun 30, 2023 • Filed on May 01, 2024

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

34th percentile

0.05x

Higher debt load relative to assets than 34% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Liabilities / Revenue

76th percentile

0.61x

Higher debt load relative to revenue than 76% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Net Margin

92nd percentile

55%

Higher net margin than 92% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Top Officer Pay

90th percentile

$323,041

Higher top officer pay than 90% of similar nonprofits.

Top officer pay equals 52.3% of source-year revenue.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Asset Growth

48th percentile

4.9%

Faster asset growth than 48% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2022 to 2023

Revenue Growth

94th percentile

145%

Faster revenue growth than 94% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets34th percentile

Assets

Up

$7,821,692

Up $362,964 (+4.9%) from 2022

Net Assets

Up

$7,445,432

Up $583,503 (+8.5%) from 2022

Liabilities

Down

$376,260

Down $220,539 (-37%) from 2022

Revenue And Expenses
Liabilities / Revenue76th percentileNet Margin92nd percentile

Revenue

Up

$617,415

Up $365,528 (+145%) from 2022

Expenses

Down

$276,950

Down $45 (-0.0%) from 2022

Net Income

Up

$340,465

Up $365,573 (+1456%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth48th 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

2023

Assets$7,821,692
Liabilities$376,260
Net Assets$7,445,432
Open 2023 Filing

Operations Trend

Revenue Growth94th 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

2023

Revenue$617,415
Expenses$276,950
Net Income$340,465
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
May 1, 2024
Return Version
2022v5.0
Gross Receipts
$648,072
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
Investments Other Securities$3,167,192$3,010,229▼ $156,963
Cash and Non-Interest-Bearing Accounts$58,838$857,831▲ $798,993
Land, Buildings, and Equipment, Net$518,840$411,660▼ $107,180
Accounts Receivable$178,237$99,212▼ $79,025
Prepaid Expenses and Deferred Charges$6,462$7,235▲ $773
Total Assets$7,458,728$7,821,692▲ $362,964
Other Assets Total$3,529,159$3,435,525▼ $93,634
Liabilities
Mortgage Notes Payable Secured by Investment Property$578,458$369,797▼ $208,661
Accounts Payable and Accrued Expenses$18,341$6,463▼ $11,878
Total Liabilities$596,799$376,260▼ $220,539
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$6,861,929$7,445,432▲ $583,503
Total Net Assets Fund Balance$6,861,929$7,445,432▲ $583,503
Total Liabilities and Net Assets / Fund Balance$7,458,728$7,821,692▲ $362,964

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$276,406$1,289,032$1,565,438
Equipment$11,254$198,552$209,806
Land$124,000-$124,000
Other Assets Org$1,903--
Other Securities$3,010,229--
Compensation and Service Providers
Top Officer Pay90th percentile

Board Members and Trustees

NameTitle
Beverly SomervillePresident/chair
Michael McgowanVice Chair
Antoinette Pabon GreenDirector
Carol DeloreyDirector
Dominga MaldonadoDirector
Erin Kelley-greenDirector
Goretti JoaquimDirector
Greidy TerreroDirector
Jeffrey CharnelDirector
Lashaunda WatsonDirector
Michael HealyDirector
Richard PetersonDirector
Steven BorgersonDirector
Thomas KingDirector
Darryl 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
$0
Program Service Revenue
$233,446
Investment Income
$376,843
Other Revenue
$7,126
Change in Net Assets
$340,465
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$276,950
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$95,341--$95,341
Occupancy$79,465--$79,465
Other Expenses$68,958--$68,958
Interest$20,290--$20,290
Insurance$8,873--$8,873
Office Expenses$2,246--$2,246
Fees for Services Legal$1,777--$1,777
Total Functional Expenses$276,950$0$0$276,950
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

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

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
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 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
Christine Macdonald
Title
Chief Financial Officer
Phone
7814224200
Signed
2024-05-01

Organization Details

Principal Officer
Christine Macdonald
Formed
1970
Legal Domicile
Ma
Voting Board Members
18
Independent Board Members
18
Employees
0
Volunteers
0

Preparer

Firm
Daniel Dennis & Company Llp
Address
990 WASHINGTON STREET STE 203, DEDHAM, MA 02026
Preparer
Eric Mahoney
Phone
6172629898
Supplemental Narrative

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, 2023, hssm believes that it has no uncertain tax positions within its open tax returns (2020-2022).”

Raw XML AppendixShowing 400 of 787 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/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/TitleTxt18CHIEF EXECUTIVE OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt19CHIEF FINANCIAL OFFICER
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01970
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/OtherAmt0376843
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt018
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/OtherAmt0407500
IRS990/GrossReceiptsAmt0648072
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt018
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt08873
IRS990/InsuranceGrp/TotalAmt08873
IRS990/InterestGrp/ProgramServicesAmt020290
IRS990/InterestGrp/TotalAmt020290
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt03167192
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt03010229
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01487584
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0518840
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0411660
IRS990/LandBldgEquipCostOrOtherBssAmt01899244
IRS990/LegalDomicileStateCd0MA
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt030657
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/BOYAmt0578458
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0369797
IRS990/NetAssetsOrFundBalancesBOYAmt06861929
IRS990/NetAssetsOrFundBalancesEOYAmt07445432
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt0376843
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0376843
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0243038
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt06861929
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt07445432
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt079465
IRS990/OccupancyGrp/TotalAmt079465
IRS990/OfficeExpensesGrp/ProgramServicesAmt02246
IRS990/OfficeExpensesGrp/TotalAmt02246
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt03529159
IRS990/OtherAssetsTotalGrp/EOYAmt03435525
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0MISCELLANEOUS
IRS990/OtherExpensesGrp/ProgramServicesAmt068958
IRS990/OtherExpensesGrp/TotalAmt068958
IRS990/OtherRevenueMiscGrp/BusinessCd0531110
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt07126
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt07126
IRS990/OtherRevenueTotalAmt07126
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt06462
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt07235
IRS990/PrincipalOfficerNm0CHRISTINE MACDONALD
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531310
IRS990/ProgramServiceRevenueGrp/BusinessCd1531110
IRS990/ProgramServiceRevenueGrp/BusinessCd2900099
IRS990/ProgramServiceRevenueGrp/Desc0PROPERTY MANAGEMENT FE
IRS990/ProgramServiceRevenueGrp/Desc1RENTAL REVENUE
IRS990/ProgramServiceRevenueGrp/Desc2INTEREST INCOME
IRS990/ProgramServiceRevenueGrp/ExclusionAmt046796
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0129850
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt156800
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0129850
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt156800
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt246796
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt0276995
IRS990/PYOtherRevenueAmt027896
IRS990/PYProgramServiceRevenueAmt0223991
IRS990/PYRevenuesLessExpensesAmt0-25108
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0276995
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0251887
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0340465
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0570619
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt02500
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt039883129
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt039885629
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt046796
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt045644
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt044082
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt049732
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt047107
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0233361
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt06707359
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt07126
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt027896
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt035632
IRS990ScheduleA/OtherIncome170Grp/TotalAmt070654
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99240
IRS990ScheduleA/PublicSupportPY170Pct00.99550
IRS990ScheduleA/PublicSupportTotal170Amt039885629
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt02500
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt039883129
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt039885629
IRS990ScheduleA/TotalSupportAmt040189644
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt0276406
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01289032
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01565438
IRS990ScheduleD/EquipmentGrp/BookValueAmt011254
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0198552
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0209806
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0124000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0124000
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt012718
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt13420904
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt21903
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0TENANT SECURITY DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1DUE FROM AFFILIATES
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2DEFERRED DEVELOPMENT COSTS
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt03010229
IRS990ScheduleD/OtherSecuritiesGrp/Desc0INVESTMENTS IN AFFILIATES
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0C
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, 2023, HSSM BELIEVES THAT IT HAS NO UNCERTAIN TAX POSITIONS WITHIN ITS OPEN TAX RETURNS (2020-2022).
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0411660
IRS990ScheduleD/TotalBookValueOtherAssetsAmt03435525
IRS990ScheduleD/TotalBookValueSecuritiesAmt03010229
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0282943
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt1170194
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00

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Filings

Displayed year

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

Open filing
Assets
$7,821,692
Liabilities
$376,260
Net assets
$7,445,432
Revenue
$617,415
Expenses
$276,950
Net income
$340,465
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
2023Detailed filing. Detailed filing data is available for this year.$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
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$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