Civic Intelligence

The Cedars Elderly Home Inc

990 • Fiscal year 2014 • EIN 26-0057247

Jan 01, 2014 to Dec 31, 2014 • Filed on Apr 29, 2015

Organization ProfileN/A
222 Pelham StMethuen, MA 01844

(978) 681-8845

Siviq Scores

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

Liabilities / Assets

94th percentile

1.21x

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

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Liabilities / Revenue

98th percentile

11.67x

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

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Net Margin

8th percentile

-38%

Higher net margin than 8% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Top Officer Pay

34th percentile

$0

Higher top officer pay than 34% of similar nonprofits.

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

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2014

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2014

Balance Sheet
Liabilities / Assets94th percentile

Assets

$3,189,966

No earlier filing loaded for comparison.

Net Assets

-$664,368

No earlier filing loaded for comparison.

Liabilities

$3,854,334

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue98th percentileNet Margin8th percentile

Revenue

$330,204

No earlier filing loaded for comparison.

Expenses

$455,950

No earlier filing loaded for comparison.

Net Income

-$125,746

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

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

$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

2014

Assets$3,189,966
Liabilities$3,854,334
Net Assets-$664,368
Open 2014 Filing

Operations Trend

Revenue GrowthScore unavailable

Revenue, expenses, and net income across loaded years, with this 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

2014

Revenue$330,204
Expenses$455,950
Net Income-$125,746
Open 2014 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Apr 29, 2015
Return Version
2014v5.0
Gross Receipts
$330,204
Mission and Program Overview

Mission

To provide housing to low-income elderly individuals.

Provide housing to low-income elderly & handicapped individuals

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,980,580$2,881,022▼ $99,558
Savings and Temporary Cash Investments$266,612$257,629▼ $8,983
Cash and Non-Interest-Bearing Accounts$53,869$23,074▼ $30,795
Prepaid Expenses and Deferred Charges$12,382$9,438▼ $2,944
Accounts Receivable$25$795▲ $770
Total Assets$3,331,085$3,189,966▼ $141,119
Other Assets Total$17,617$18,008▲ $391
Liabilities
Mortgage Notes Payable Secured by Investment Property$3,788,200$3,788,200→ $0
Accounts Payable and Accrued Expenses$67,811$51,920▼ $15,891
Escrow Account Liability$13,696$14,214▲ $518
Total Liabilities$3,869,707$3,854,334▼ $15,373
Net Assets / Fund Balance
Unrestricted Net Assets$-538,622$-664,368▼ $125,746
Total Net Assets Fund Balance$-538,622$-664,368▼ $125,746
Total Liabilities and Net Assets / Fund Balance$3,331,085$3,189,966▼ $141,119

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,873,720$923,830$3,797,550
Other Land Buildings$7,302$811$8,113
Compensation and Service Providers
Top Officer Pay34th percentile

Board Members and Trustees

NameTitle
Joseph HatemPresident
Carol McgraveyDirector
Christina Touma-conwayDirector
Elaine Kalil-ahearnDirector
Matthew KraunelisDirector
Steven KfouryDirector
Paul BosharSecretary
Michael SabbaghTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$170,591
Program Service Revenue
$154,440
Investment Income
$195
Other Revenue
$4,978
Change in Net Assets
$-125,746

Audited Revenue Reconciliation

Revenue per Audited Statements
$330,204
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$330,204
Total Revenue per Form 990
$330,204
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$332,691
Salaries, Compensation, and Employee Benefits$123,259
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$127,021--$127,021
Other Salaries and Wages$95,793--$95,793
Occupancy$38,961--$38,961
Fees for Services Management$26,204--$26,204
Fees for Services Accounting-$20,050-$20,050
Other Expenses$2,741$15,950-$18,691
Other Employee Benefits$18,658--$18,658
Insurance$13,928--$13,928
Payroll Taxes$8,808--$8,808
Fees for Services Other-$7,835-$7,835
Fees for Services Legal-$4,233-$4,233
Office Expenses$4,073--$4,073
Total Functional Expenses$407,882$48,068$0$455,950

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$455,950
Total Expenses per Audited Statements$455,950
Total Expenses per Form 990$455,950
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
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

“The organization utilizes the services of a property management company.”

Form 990, Part VI, Section B, Line 11

“The form 990 is discussed with the board of directors at an annual closing conference before the form is filed.”

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

“All of these statements can be seen upon request at the entity's offices in methuen, massachusetts.”

Filing and Contact Details

Filer

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

Signing Officer

Name
Michael Sabbagh
Title
Treasurer
Phone
6786818845
Signed
2015-04-29
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michael Sabbagh
Formed
2001
Legal Domicile
Ma
Voting Board Members
8
Independent Board Members
8
Employees
0
Volunteers
6

Preparer

Firm
Shaheen Pallone & Associates Pc
Address
861 TURNPIKE STREET, NORTH ANDOVER, MA 01845
Preparer
William J Shaheen
Phone
9786867200
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

“Part x, line 2 - fin 48 footnote: the corporation is a non-profit organization, exempt from taxation under internal revenue code section 501(c)(3). Accordingly, no provision for income taxes has been provided for in the accompanying financial statements. Accounting principles generally accepted in the united states of america require the corporation to evaluate and disclose tax positions that could have an effect on the corporation's financial statements. The corporation reports its activities to the internal revenue service and to the commonwealth of massachusetts on an annual basis. These informational returns are generally subject to audit and review by the governmental agencies for a period of three years after filing. Substantially all of the corporation's income, expenditures and activities relate to its exempt purpose, therefore, management has determined that the corporation is not subject to unrelated business income taxes and will continue to qualify as a tax-exempt not-for-profit entity.”

Part IV Line 2B

“Part iv line 2b - tenant security deposits of $14,214.”

Raw XML AppendixShowing 400 of 467 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.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt067811
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt051920
IRS990/AccountsReceivableGrp/BOYAmt025
IRS990/AccountsReceivableGrp/EOYAmt0795
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0PROVIDE HOUSING TO LOW-INCOME ELDERLY & HANDICAPPED INDIVIDUALS
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0BARKAN MANAGEMENT
IRS990/BooksInCareOfDetail/PhoneNum06174825500
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt024 FARNSWORTH STREET
IRS990/BooksInCareOfDetail/USAddress/CityNm0BOSTON
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd002210
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt053869
IRS990/CashNonInterestBearingGrp/EOYAmt023074
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd01
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0170591
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0195
IRS990/CYOtherExpensesAmt0332691
IRS990/CYOtherRevenueAmt04978
IRS990/CYProgramServiceRevenueAmt0154440
IRS990/CYRevenuesLessExpensesAmt0-125746
IRS990/CYSalariesCompEmpBnftPaidAmt0123259
IRS990/CYTotalExpensesAmt0455950
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0330204
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd01
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0127021
IRS990/DepreciationDepletionGrp/TotalAmt0127021
IRS990/Desc031 APARTMENT UNITS RENTED TO LOW-INCOME ELDERLY AND HANDICAPPED INDIVIDUALS
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/EscrowAccountLiabilityGrp/BOYAmt013696
IRS990/EscrowAccountLiabilityGrp/EOYAmt014214
IRS990/ExpenseAmt0407882
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditPerformedInd01
IRS990/FederalGrantAuditRequiredInd01
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt020050
IRS990/FeesForServicesAccountingGrp/TotalAmt020050
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt04233
IRS990/FeesForServicesLegalGrp/TotalAmt04233
IRS990/FeesForServicesManagementGrp/ProgramServicesAmt026204
IRS990/FeesForServicesManagementGrp/TotalAmt026204
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt07835
IRS990/FeesForServicesOtherGrp/TotalAmt07835
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt05.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt15.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/PersonNm0JOSEPH HATEM
IRS990/Form990PartVIISectionAGrp/PersonNm1MICHAEL SABBAGH
IRS990/Form990PartVIISectionAGrp/PersonNm2PAUL BOSHAR
IRS990/Form990PartVIISectionAGrp/PersonNm3ELAINE KALIL-AHEARN
IRS990/Form990PartVIISectionAGrp/PersonNm4CAROL MCGRAVEY
IRS990/Form990PartVIISectionAGrp/PersonNm5STEVEN KFOURY
IRS990/Form990PartVIISectionAGrp/PersonNm6CHRISTINA TOUMA-CONWAY
IRS990/Form990PartVIISectionAGrp/PersonNm7MATTHEW KRAUNELIS
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02001
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt08
IRS990/GovernmentGrantsAmt0170591
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0330204
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt08
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt013928
IRS990/InsuranceGrp/TotalAmt013928
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt0195
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0195
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0924641
IRS990/LandBldgEquipBasisNetGrp/BOYAmt02980580
IRS990/LandBldgEquipBasisNetGrp/EOYAmt02881022
IRS990/LandBldgEquipCostOrOtherBssAmt03805663
IRS990/LegalDomicileStateCd0MA
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO PROVIDE HOUSING TO LOW-INCOME ELDERLY & HANDICAPPED INDIVIDUALS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt03788200
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt03788200
IRS990/NetAssetsOrFundBalancesBOYAmt0-538622
IRS990/NetAssetsOrFundBalancesEOYAmt0-664368
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt038961
IRS990/OccupancyGrp/TotalAmt038961
IRS990/OfficeExpensesGrp/ProgramServicesAmt04073
IRS990/OfficeExpensesGrp/TotalAmt04073
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt017617
IRS990/OtherAssetsTotalGrp/EOYAmt018008
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt018658
IRS990/OtherEmployeeBenefitsGrp/TotalAmt018658
IRS990/OtherExpensesGrp/Desc0REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc1REAL ESTATE TAXES
IRS990/OtherExpensesGrp/Desc2MISCELLANEOUS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt015950
IRS990/OtherExpensesGrp/ProgramServicesAmt046964
IRS990/OtherExpensesGrp/ProgramServicesAmt124731
IRS990/OtherExpensesGrp/ProgramServicesAmt22741
IRS990/OtherExpensesGrp/TotalAmt046964
IRS990/OtherExpensesGrp/TotalAmt124731
IRS990/OtherExpensesGrp/TotalAmt218691
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/BusinessCd1900099
IRS990/OtherRevenueMiscGrp/Desc0AIR CONDITIONING SURCH
IRS990/OtherRevenueMiscGrp/Desc1LAUNDRY
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt03342
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt11636
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt03342
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt11636
IRS990/OtherRevenueTotalAmt04978
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt095793
IRS990/OtherSalariesAndWagesGrp/TotalAmt095793
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ProgramServicesAmt08808
IRS990/PayrollTaxesGrp/TotalAmt08808
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt012382
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt09438
IRS990/PrincipalOfficerNm0MICHAEL SABBAGH
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0532000
IRS990/ProgramServiceRevenueGrp/Desc0TENANT RENT PAYMENTS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0154440
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0154440
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0173165
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0273
IRS990/PYOtherExpensesAmt0328656
IRS990/PYOtherRevenueAmt07154
IRS990/PYProgramServiceRevenueAmt0149911
IRS990/PYRevenuesLessExpensesAmt0-100947
IRS990/PYSalariesCompEmpBnftPaidAmt0102794
IRS990/PYTotalExpensesAmt0431450
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0330503
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-125746
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0330204
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0266612
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0257629
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0170591
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0173165
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0172051
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0169070
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0161818
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0846695
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0195
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0273
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0320
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0290
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0420
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt01498
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0761341
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt04678
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt07154
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt05869
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt06549
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt06020
IRS990ScheduleA/OtherIncome170Grp/TotalAmt030270
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.96380
IRS990ScheduleA/PublicSupportPY170Pct00.96140
IRS990ScheduleA/PublicSupportTotal170Amt0846695
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0170591
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0173165
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0172051
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0169070
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0161818
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0846695
IRS990ScheduleA/TotalSupportAmt0878463
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/AgentTrusteeEtcInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt02873720
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0923830
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt03797550
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0455950
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd01
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt07302
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0811
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt08113
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0330204
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0PART X, LINE 2 - FIN 48 FOOTNOTE: THE CORPORATION IS A NON-PROFIT ORGANIZATION, EXEMPT FROM TAXATION UNDER INTERNAL REVENUE CODE SECTION 501(C)(3). ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN PROVIDED FOR IN THE ACCOMPANYING FINANCIAL STATEMENTS. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE THE CORPORATION TO EVALUATE AND DISCLOSE TAX POSITIONS THAT COULD HAVE AN EFFECT ON THE CORPORATION'S FINANCIAL STATEMENTS. THE CORPORATION REPORTS ITS ACTIVITIES TO THE INTERNAL REVENUE SERVICE AND TO THE COMMONWEALTH OF MASSACHUSETTS ON AN ANNUAL BASIS. THESE INFORMATIONAL RETURNS ARE GENERALLY SUBJECT TO AUDIT AND REVIEW BY THE GOVERNMENTAL AGENCIES FOR A PERIOD OF THREE YEARS AFTER FILING. SUBSTANTIALLY ALL OF THE CORPORATION'S INCOME, EXPENDITURES AND ACTIVITIES RELATE TO ITS EXEMPT PURPOSE, THEREFORE, MANAGEMENT HAS DETERMINED THAT THE CORPORATION IS NOT SUBJECT TO UNRELATED BUSINESS INCOME TAXES AND WILL CONTINUE TO QUALIFY AS A TAX-EXEMPT NOT-FOR-PROFIT ENTITY.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1PART IV LINE 2B - TENANT SECURITY DEPOSITS OF $14,214.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART IV LINE 2B
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02881022
IRS990ScheduleD/TotalExpensesPerForm990Amt0455950
IRS990ScheduleD/TotalRevenuePerForm990Amt0330204
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0330204
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0455950
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION UTILIZES THE SERVICES OF A PROPERTY MANAGEMENT COMPANY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE FORM 990 IS DISCUSSED WITH THE BOARD OF DIRECTORS AT AN ANNUAL CLOSING CONFERENCE BEFORE THE FORM IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BOARD MEMBERS ARE REQUIRED TO UPDATE AND SIGN THE CONFLICT OF INTEREST CONTRACTS ANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ALL OF THESE STATEMENTS CAN BE SEEN UPON REQUEST AT THE ENTITY'S OFFICES IN METHUEN, MASSACHUSETTS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd20
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0NO
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt1NO
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt2NO
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/ExemptCodeSectionTxt0501C(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt1501C(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt2501C(2)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0MA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd1MA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd2MA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0ELDERLY HOUSING SERVICES
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt1CARE, HOUSING AND VARIOUS RELATED ACTIVITIES FOR THE ELDERLY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt2TITLE HOLDING COMPANY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0PUBLIC CHARITY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt1PUBLIC CHARITY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0222 PELHAM STREET
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt1222 PELHAM STREET
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt2222 PELHAM STREET
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0METHUEN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm1METHUEN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm2METHUEN
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
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd01
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd01
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt0382
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0THE CEDARS HOME COMMUNITIES
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt1LEBANESE COMMUNITY HOUSING FOR THE ELDERLY INC
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt2LEBANESE COMMUNITY HOUSING FOR THE ELDERLY INC
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0K
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt1P
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt2S
IRS990ScheduleR/TransferFromOtherOrgInd01
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MA
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt03331085
IRS990/TotalAssetsEOYAmt03189966
IRS990/TotalAssetsGrp/BOYAmt03331085
IRS990/TotalAssetsGrp/EOYAmt03189966
IRS990/TotalCompGreaterThan150KInd00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2014 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,189,966
Liabilities
$3,854,334
Net assets
-$664,368
Revenue
$330,204
Expenses
$455,950
Net income
-$125,746
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
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2014 filings • 501(c)3 • $1M-$5M nonprofits