Civic Intelligence

The Cedars Elderly Home Inc

EIN 26-0057247 • 501(c)3 • Methuen, MA

Profile

To provide housing to low-income elderly & handicapped individuals.

222 Pelham StreetMethuen, MA 01844

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

98th percentile

1.90x

Higher debt load relative to assets than 98% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

98th percentile

7.75x

Higher debt load relative to revenue than 98% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

18th percentile

-14%

Higher net margin than 18% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

25th percentile

-4.0%

Faster asset growth than 25% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2024

Revenue Growth

41st percentile

2.6%

Faster revenue growth than 41% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2024

Balance Sheet
Liabilities / Assets98th percentile

Assets

Down

$2,036,691

Down $175,232 (-7.9%) from 2022

Liabilities

Down

$3,860,474

Down $25,315 (-0.7%) from 2022

Net Assets

Down

-$1,823,783

Down $149,917 (-9.0%) from 2022

Operations
Liabilities / Revenue98th percentileNet Margin18th percentile

Revenue

Up

$498,122

Up $25,180 (+5.3%) from 2022

Expenses

Down

$569,512

Down $8,018 (-1.4%) from 2022

Net Income

Up

-$71,390

Up $33,198 (+32%) from 2022

Trend Graphs

Balance Sheet Trend

Asset Growth25th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$4.0M$2.0M$0-$2.0MAssets 2014: $3,189,966Liabilities 2014: $3,854,334Net Assets 2014: -$664,3682014Assets 2015: $3,062,683Liabilities 2015: $3,857,258Net Assets 2015: -$794,5752015Assets 2016: $2,938,879Liabilities 2016: $3,866,284Net Assets 2016: -$927,4052016Assets 2017: $2,698,589Liabilities 2017: $3,858,069Net Assets 2017: -$1,159,4802017Assets 2018: $2,584,340Liabilities 2018: $3,862,468Net Assets 2018: -$1,278,1282018Assets 2019: $2,475,329Liabilities 2019: $3,881,946Net Assets 2019: -$1,406,6172019Assets 2020: $2,368,148Liabilities 2020: $3,868,372Net Assets 2020: -$1,500,2242020Assets 2021: $2,303,960Liabilities 2021: $3,873,238Net Assets 2021: -$1,569,2782021Assets 2022: $2,211,923Liabilities 2022: $3,885,789Net Assets 2022: -$1,673,8662022Assets 2024: $2,036,691Liabilities 2024: $3,860,474Net Assets 2024: -$1,823,7832024

Highlighted filing

2024

Assets$2,036,691
Liabilities$3,860,474
Net Assets-$1,823,783
Open 2024 Filing

Operations Trend

Revenue Growth41st percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$600K$400K$200K$0-$200KRevenue 2014: $330,204Expenses 2014: $455,950Net Income 2014: -$125,7462014Revenue 2015: $338,224Expenses 2015: $468,431Net Income 2015: -$130,2072015Revenue 2016: $348,746Expenses 2016: $481,576Net Income 2016: -$132,8302016Revenue 2017: $378,549Expenses 2017: $482,477Net Income 2017: -$103,9282017Revenue 2018: $396,123Expenses 2018: $514,771Net Income 2018: -$118,6482018Revenue 2019: $418,106Expenses 2019: $546,595Net Income 2019: -$128,4892019Revenue 2020: $426,050Expenses 2020: $519,657Net Income 2020: -$93,6072020Revenue 2021: $456,128Expenses 2021: $525,182Net Income 2021: -$69,0542021Revenue 2022: $472,942Expenses 2022: $577,530Net Income 2022: -$104,5882022Revenue 2024: $498,122Expenses 2024: $569,512Net Income 2024: -$71,3902024

Highlighted filing

2024

Revenue$498,122
Expenses$569,512
Net Income-$71,390
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$2,036,691
Liabilities
$3,860,474
Net assets
-$1,823,783
Revenue
$498,122
Expenses
$569,512
Net income
-$71,390
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.04$3.86$1.82$0.50$0.57$0.07
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.21$3.89$1.67$0.47$0.58$0.10
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.30$3.87$1.57$0.46$0.53$0.07
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.37$3.87$1.50$0.43$0.52$0.09
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.48$3.88$1.41$0.42$0.55$0.13
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.58$3.86$1.28$0.40$0.51$0.12
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.70$3.86$1.16$0.38$0.48$0.10
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.94$3.87$0.93$0.35$0.48$0.13
2015Detailed filing. Detailed filing data is available for this year.$3.06$3.86$0.79$0.34$0.47$0.13
2014Detailed filing. Detailed filing data is available for this year.$3.19$3.85$0.66$0.33$0.46$0.13
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 14, 2025
Return Version
2024v5.2
Gross Receipts
$498,122
Mission and Program Overview

Mission

To provide housing to low-income elderly individuals.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,930,341$1,844,740▼ $85,601
Cash and Non-Interest-Bearing Accounts$37,866$39,010▲ $1,144
Prepaid Expenses and Deferred Charges$6,583$11,519▲ $4,936
Accounts Receivable$2,009$1,279▼ $730
Total Assets$2,117,243$2,036,691▼ $80,552
Other Assets Total$140,444$140,143▼ $301
Liabilities
Mortgage Notes Payable Secured by Investment Property$3,788,200$3,788,200→ $0
Accounts Payable and Accrued Expenses$68,215$58,653▼ $9,562
Escrow Account Liability$13,221$13,607▲ $386
Deferred Revenue-$14-
Total Liabilities$3,869,636$3,860,474▼ $9,162
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-1,752,393$-1,823,783▼ $71,390
Total Net Assets Fund Balance$-1,752,393$-1,823,783▼ $71,390
Total Liabilities and Net Assets / Fund Balance$2,117,243$2,036,691▼ $80,552

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,840,740$2,067,157$3,907,897
Other Land Buildings$4,000$10,005$14,005
Other Assets Org$7,766--
Compensation and Service Providers
Top Officer PayScore unavailable

Board Members and Trustees

NameTitle
David BesharaPresident
Carol McgraveyDirector
Cynthia MaroonDirector
Kathleen Corey RahmeDirector
Matthew KraunelisDirector
Robert HafftyDirector
Steven KfouryDirector
Paul BosharClerk
Christine Touma-conwayTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Barkan Management CompanyManagement Fee And Services7 WELLS AVENUE, Newton, MA 02459$242,934
Revenue and Support

Revenue Composition

Contributions and Grants
$319,936
Program Service Revenue
$174,985
Investment Income
$453
Other Revenue
$2,748
Change in Net Assets
$-71,390

Audited Revenue Reconciliation

Revenue per Audited Statements
$498,122
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$498,122
Total Revenue per Form 990
$498,122
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$569,512
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$198,936--$198,936
Occupancy$190,084--$190,084
Depreciation Depletion$101,470--$101,470
Fees for Services Management-$38,598-$38,598
Fees for Services Accounting-$23,980-$23,980
Office Expenses$11,088--$11,088
Fees for Services Legal$5,340--$5,340
Other Expenses$16--$16
Total Functional Expenses$506,934$62,578$0$569,512

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$569,512
Total Expenses per Audited Statements$569,512
Total Expenses per Form 990$569,512
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
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 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
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 property is managed by barkan management company inc. Pursuant to a management agreement approved by hud. The current management agreement provides for a management fee of 7.94% of monthly rental and miscellaneous income collected. During the year ended december 31, 2024, the corporation incurred management fees of $38,598.”

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

“The form 990 is provided to the entire board and discussed at an annual closing conference prior to filing.”

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

“Board members are required to update and sign the conflict of interest contracts annually.”

Form 990, Part VI, Section C, Line 19

“Upon request at the entity's offices in methuen, massachusetts.”

Filing and Contact Details

Filer

Filer Name
Cedars Elderly Home Inc
EIN
26-0057247
Phone
9786818845
Address
222 PELHAM STREET, METHUEN, MA 01844

Signing Officer

Name
Steven Kfoury
Title
President
Phone
9786818845
Signed
2025-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
David Beshara
Formed
2001
Legal Domicile
Ma
Voting Board Members
9
Independent Board Members
9
Employees
0
Volunteers
9

Preparer

Firm
Cohnreznick Advisory LLC
Address
350 GRANITE STREET SUITE 1200, BRAINTREE, MA 02184
Preparer
Jolanta Tuck
Phone
7813803520
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

“Management services: program service expenses 198,936. Management and general expenses 0. Fundraising expenses 0. Total expenses 198,936.”

Financial Statement Notes

PART IV, LINE 2B:

“The corporation has a policy to collect security deposits of up to one month's rent from tenants. The security deposits can be used to pay for damages caused by the tenant or used against unpaid receivables.”

PART X, LINE 2:

“Management has analyzed the tax positions taken by the corporation and has concluded that, as of december 31, 2024, there are no uncertain tax positions taken or expected to be taken that would require recognition of a liability (or asset) or disclosure in the financial statements. Accordingly, these financial statements do not reflect a provision for income taxes and the corporation has no other tax positions which must be considered for disclosure. Income tax returns filed by the corporation are subject to examination by the irs for a period of three years. While no income tax returns are currently being examined by the irs, tax years since 2021 remain open.”

Raw XML AppendixShowing 400 of 493 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/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt0190084
IRS990/OccupancyGrp/TotalAmt0190084
IRS990/OfficeExpensesGrp/ProgramServicesAmt011088
IRS990/OfficeExpensesGrp/TotalAmt011088
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0140444
IRS990/OtherAssetsTotalGrp/EOYAmt0140143
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0MORTGAGOR ENTITY EXPENS
IRS990/OtherExpensesGrp/ProgramServicesAmt016
IRS990/OtherExpensesGrp/TotalAmt016
IRS990/OtherRevenueMiscGrp/BusinessCd0812300
IRS990/OtherRevenueMiscGrp/Desc0LAUNDRY & VENDING
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt02740
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt02740
IRS990/OtherRevenueTotalAmt02748
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt06583
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt011519
IRS990/PrincipalOfficerNm0DAVID BESHARA
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531310
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0174985
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0174985
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0316162
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0136
IRS990/PYOtherExpensesAmt0562940
IRS990/PYOtherRevenueAmt02785
IRS990/PYProgramServiceRevenueAmt0165330
IRS990/PYRevenuesLessExpensesAmt0-78527
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0562940
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0484413
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-71390
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd01
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0177733
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0LAUNDRY AND VENDING INCOME - 2020 AMOUNT: $ 2,490. 2021 AMOUNT: $ 2,945. 2022 AMOUNT: $ 2,945. 2023 AMOUNT: $ 2,778. 2024 AMOUNT: $ 2,740. OTHER INCOME - 2020 AMOUNT: $ 7,101. 2021 AMOUNT: $ 2,259. 2022 AMOUNT: $ 2,264. 2023 AMOUNT: $ 7. 2024 AMOUNT: $ 8.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME:
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0319936
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0316162
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0308634
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0290279
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0262914
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01497925
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0453
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0136
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0369
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt090
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0305
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt01353
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0812344
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt02748
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt02785
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt05209
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt05204
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt09591
IRS990ScheduleA/OtherIncome170Grp/TotalAmt025537
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.98240
IRS990ScheduleA/PublicSupportPY170Pct00.97710
IRS990ScheduleA/PublicSupportTotal170Amt01497925
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0319936
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0316162
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0308634
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0290279
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0262914
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01497925
IRS990ScheduleA/TotalSupportAmt01524815
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/AgentTrusteeEtcInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt01840740
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02067157
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt03907897
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0569512
IRS990ScheduleD/ExplanationProvidedInd0X
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd01
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt015886
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt159722
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt256769
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt37766
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0TENANT SECURITY DEPOSITS - HELD IN TRUST
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1ESCROW DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2REPLACEMENT RESERVE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3RESIDUAL RECEIPTS
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt04000
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt010005
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt014005
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0498122
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE CORPORATION HAS A POLICY TO COLLECT SECURITY DEPOSITS OF UP TO ONE MONTH'S RENT FROM TENANTS. THE SECURITY DEPOSITS CAN BE USED TO PAY FOR DAMAGES CAUSED BY THE TENANT OR USED AGAINST UNPAID RECEIVABLES.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE CORPORATION AND HAS CONCLUDED THAT, AS OF DECEMBER 31, 2024, THERE ARE NO UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS. ACCORDINGLY, THESE FINANCIAL STATEMENTS DO NOT REFLECT A PROVISION FOR INCOME TAXES AND THE CORPORATION HAS NO OTHER TAX POSITIONS WHICH MUST BE CONSIDERED FOR DISCLOSURE. INCOME TAX RETURNS FILED BY THE CORPORATION ARE SUBJECT TO EXAMINATION BY THE IRS FOR A PERIOD OF THREE YEARS. WHILE NO INCOME TAX RETURNS ARE CURRENTLY BEING EXAMINED BY THE IRS, TAX YEARS SINCE 2021 REMAIN OPEN.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART IV, LINE 2B:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01844740
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0140143
IRS990ScheduleD/TotalExpensesPerForm990Amt0569512
IRS990ScheduleD/TotalRevenuePerForm990Amt0498122
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0498122
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0569512
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE PROPERTY IS MANAGED BY BARKAN MANAGEMENT COMPANY INC. PURSUANT TO A MANAGEMENT AGREEMENT APPROVED BY HUD. THE CURRENT MANAGEMENT AGREEMENT PROVIDES FOR A MANAGEMENT FEE OF 7.94% OF MONTHLY RENTAL AND MISCELLANEOUS INCOME COLLECTED. DURING THE YEAR ENDED DECEMBER 31, 2024, THE CORPORATION INCURRED MANAGEMENT FEES OF $38,598.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE FORM 990 IS PROVIDED TO THE ENTIRE BOARD AND DISCUSSED AT AN ANNUAL CLOSING CONFERENCE PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BOARD MEMBERS ARE REQUIRED TO UPDATE AND SIGN THE CONFLICT OF INTEREST CONTRACTS ANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3UPON REQUEST AT THE ENTITY'S OFFICES IN METHUEN, MASSACHUSETTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4MANAGEMENT SERVICES: PROGRAM SERVICE EXPENSES 198,936. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 198,936.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART IX, LINE 11G
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd01
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd11
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd21
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd1N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd2N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0LEBANESE COMMUNITY HOUSING FOR THE ELDERLY INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1FRIENDS OF CEDARS HOME FOR THE ELDERLY INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt2THE CEDARS HOME COMMUNITIES
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0042761797
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN1043044710
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN2300532522
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt1501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt2501(C)(2)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0MA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd1MA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd2MA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0ELDERLY HOUSING
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt1CARE, HOUSING
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt2TITLE HOLDING COMPANY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 7
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt1LINE 7
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0222 PELHAM STREET
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt1222 PELHAM STREET
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt2222 PELHAM STREET
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0METHEUN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm1METHEUN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm2METHEUN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0MA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd1MA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd2MA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd001844
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd101844
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd201844
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00

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