Civic Intelligence

New Meadow Elderly Housing Inc

EIN 27-1006974 • 501(c)3 • North Haven, CT

Profile

To provide elferly or disabled personss with housing facilities and services specifically designed to meet their physical, social, and psychological needs, and to promote their health, security, happiness, and usefulness in longer living. The charges for such facilities and services to be predicated upon the provision, maintenance, and operation thereof on a nonprofit basis.

127 Washington Ave 5th FL EastNorth Haven, CT 06473

n/A

Siviq Scores

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

Liabilities / Assets

94th percentile

1.02x

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

501(c)3 • $5M-$10M nonprofits • Source year 2025

Liabilities / Revenue

97th percentile

10.22x

Higher debt load relative to revenue than 97% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2025

Net Margin

10th percentile

-29%

Higher net margin than 10% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2025

Top Officer Pay

Score unavailable

No value available

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

Asset Growth

28th percentile

-1.7%

Faster asset growth than 28% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2022 to 2025

Revenue Growth

55th percentile

9.3%

Faster revenue growth than 55% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2022 to 2025

Balance Sheet
Liabilities / Assets94th percentile

Assets

Down

$5,271,351

Down $119,613 (-2.2%) from 2024

Liabilities

Up

$5,364,486

Up $30,506 (+0.6%) from 2024

Net Assets

Down

-$93,135

Down $150,119 (-263%) from 2024

Operations
Liabilities / Revenue97th percentileNet Margin10th percentile

Revenue

Up

$525,009

Up $58,345 (+13%) from 2024

Expenses

Up

$675,128

Up $14,552 (+2.2%) from 2024

Net Income

Up

-$150,119

Up $43,793 (+23%) from 2024

Trend Graphs

Balance Sheet Trend

Asset Growth28th percentile

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

$8.0M$6.0M$4.0M$2.0M$0-$2.0MAssets 2012: $6,896,949Liabilities 2012: $5,322,370Net Assets 2012: $1,574,5792012Assets 2013: $6,708,325Liabilities 2013: $5,284,194Net Assets 2013: $1,424,1312013Assets 2014: $6,909,597Liabilities 2014: $5,352,028Net Assets 2014: $1,557,5692014Assets 2015: $6,652,355Liabilities 2015: $5,275,233Net Assets 2015: $1,377,1222015Assets 2016: $6,487,472Liabilities 2016: $5,284,252Net Assets 2016: $1,203,2202016Assets 2017: $6,323,774Liabilities 2017: $5,281,573Net Assets 2017: $1,042,2012017Assets 2018: $6,166,113Liabilities 2018: $5,278,531Net Assets 2018: $887,5822018Assets 2019: $6,038,922Liabilities 2019: $5,290,896Net Assets 2019: $748,0262019Assets 2020: $5,886,428Liabilities 2020: $5,281,209Net Assets 2020: $605,2192020Assets 2021: $5,746,775Liabilities 2021: $5,296,459Net Assets 2021: $450,3162021Assets 2022: $5,552,099Liabilities 2022: $5,289,364Net Assets 2022: $262,7352022Assets 2023: $5,588,021Liabilities 2023: $5,337,125Net Assets 2023: $250,8962023Assets 2024: $5,390,964Liabilities 2024: $5,333,980Net Assets 2024: $56,9842024Assets 2025: $5,271,351Liabilities 2025: $5,364,486Net Assets 2025: -$93,1352025

Highlighted filing

2025

Assets$5,271,351
Liabilities$5,364,486
Net Assets-$93,135
Open 2025 Filing

Operations Trend

Revenue Growth55th percentile

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

$1.0M$500K$0-$500KExpenses 2012: $269,0182012Expenses 2013: $457,7312013Revenue 2014: $642,940Expenses 2014: $509,502Net Income 2014: $133,4382014Revenue 2015: $358,583Expenses 2015: $539,030Net Income 2015: -$180,4472015Revenue 2016: $372,692Expenses 2016: $546,594Net Income 2016: -$173,9022016Revenue 2017: $380,168Expenses 2017: $541,187Net Income 2017: -$161,0192017Revenue 2018: $392,279Expenses 2018: $546,898Net Income 2018: -$154,6192018Revenue 2019: $402,212Expenses 2019: $541,768Net Income 2019: -$139,5562019Revenue 2020: $400,849Expenses 2020: $543,656Net Income 2020: -$142,8072020Revenue 2021: $402,229Expenses 2021: $557,132Net Income 2021: -$154,9032021Revenue 2022: $402,579Expenses 2022: $590,160Net Income 2022: -$187,5812022Revenue 2023: $653,466Expenses 2023: $665,305Net Income 2023: -$11,8392023Revenue 2024: $466,664Expenses 2024: $660,576Net Income 2024: -$193,9122024Revenue 2025: $525,009Expenses 2025: $675,128Net Income 2025: -$150,1192025

Highlighted filing

2025

Revenue$525,009
Expenses$675,128
Net Income-$150,119
Open 2025 Filing

Filings

Most recent year

2025 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$5,271,351
Liabilities
$5,364,486
Net assets
-$93,135
Revenue
$525,009
Expenses
$675,128
Net income
-$150,119
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$5.27$5.36$0.09$0.53$0.68$0.15
2024Detailed filing. Detailed filing data is available for this year.$5.39$5.33$0.06$0.47$0.66$0.19
2023Detailed filing. Detailed filing data is available for this year.$5.59$5.34$0.25$0.65$0.67$0.01
2022Detailed filing. Detailed filing data is available for this year.$5.55$5.29$0.26$0.40$0.59$0.19
2021Detailed filing. Detailed filing data is available for this year.$5.75$5.30$0.45$0.40$0.56$0.15
2020Detailed filing. Detailed filing data is available for this year.$5.89$5.28$0.61$0.40$0.54$0.14
2019Detailed filing. Detailed filing data is available for this year.$6.04$5.29$0.75$0.40$0.54$0.14
2018Detailed filing. Detailed filing data is available for this year.$6.17$5.28$0.89$0.39$0.55$0.15
2017Detailed filing. Detailed filing data is available for this year.$6.32$5.28$1.04$0.38$0.54$0.16
2016Detailed filing. Detailed filing data is available for this year.$6.49$5.28$1.20$0.37$0.55$0.17
2015Detailed filing. Detailed filing data is available for this year.$6.65$5.28$1.38$0.36$0.54$0.18
2014Detailed filing. Detailed filing data is available for this year.$6.91$5.35$1.56$0.64$0.51$0.13
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.71$5.28$1.42$0.46
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.90$5.32$1.57$0.27
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Oct 1, 2024 to Sep 30, 2025
Signed
Jan 13, 2026
Return Version
2024v5.0
Gross Receipts
$525,009
Mission and Program Overview

Mission

To provide elderly or disabled persons with housing facilities and services specially designed to meet their physical, social and psychological needs, and to promote their health, security, happiness and usefulness in longer living. The charges for such facilities and services to be predicated upon the provision, maintenance and operation thereof on a nonprofit basis.

To provide elferly or disabled personss with housing facilities and services specifically designed to meet their physical, social, and psychological needs, and to promote their health, security, happiness, and usefulness in longer living. The charges for such facilities and services to be predicated upon the provision, maintenance, and operation thereof on a nonprofit basis.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$5,223,169$5,017,847▼ $205,322
Savings and Temporary Cash Investments$130,595$205,947▲ $75,352
Prepaid Expenses and Deferred Charges$16,752$18,594▲ $1,842
Cash and Non-Interest-Bearing Accounts$605$7,662▲ $7,057
Accounts Receivable$5,189$6,280▲ $1,091
Other Notes and Loans Receivable, Net$141$409▲ $268
Total Assets$5,390,964$5,271,351▼ $119,613
Other Assets Total$14,513$14,612▲ $99
Liabilities
Mortgage Notes Payable Secured by Investment Property$5,233,800$5,233,800→ $0
Accounts Payable and Accrued Expenses$85,931$116,341▲ $30,410
Other Liabilities$14,249$14,345▲ $96
Total Liabilities$5,333,980$5,364,486▲ $30,506
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$56,984$-93,135▼ $150,119
Total Net Assets Fund Balance$56,984$-93,135▼ $150,119
Total Liabilities and Net Assets / Fund Balance$5,390,964$5,271,351▼ $119,613

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$5,005,337$2,469,192$7,474,529
Other Land Buildings$8,593$41,086$49,679
Equipment$3,917$6,439$10,356
Compensation and Service Providers
Top Officer PayScore unavailable

Board Members and Trustees

NameTitle
Kelly McdermottPresident
Betsey ReidDirector
C Michael TuckerDirector
Jennifer GaudetDirector
Joseph TobinDirector
Melanie HowletDirector
Robert BiddlemanDirector
Mabel PetersonSecretary/tr
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$524,928
Investment Income
$81
Other Revenue
$0
Change in Net Assets
$-150,119

Audited Revenue Reconciliation

Revenue per Audited Statements
$525,009
Total Revenue per Audited Statements
$525,009
Total Revenue per Form 990
$525,009
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$563,570
Salaries, Compensation, and Employee Benefits$111,558
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$204,830$2,069-$206,899
Occupancy$105,968$860-$106,828
Other Salaries and Wages$73,384$10,966-$84,350
Insurance$83,187--$83,187
Fees for Services Management-$40,492-$40,492
Office Expenses-$38,373-$38,373
Payroll Taxes$23,671$3,537-$27,208
Fees for Services Accounting-$9,980-$9,980
Fees for Services Legal-$673-$673
Advertising-$665-$665
Other Expenses$560--$560
Conferences and Meetings-$132-$132
Interest$76--$76
Total Functional Expenses$567,381$107,747$0$675,128

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$675,128
Total Expenses per Audited Statements$675,128
Total Expenses per Form 990$675,128
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Tenant Security Deposits$14,345
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, Page 6, Part VI, Line 3

“The organization has contracted with elderly housing management to provide property management services for the apartment building. All employees are employees of elderly housing management. Salaries on the 990 represent reimbursements to ehm for employees who work on-site at the organizations apartment facility. Ehm provides all management, accounting, and maintenance services related to the property.”

Form 990, Page 6, Part VI, Line 6

“The members of the corporation are the members of the board of directors, in office from time to time, of new samaritan corporation. These members have the power to remove, with or without cause, the directors of the corporation.”

Form 990, Page 6, Part VI, Line 7A

“The members of the corporation are the members of the board of directors, in office from time to time, of new samaritan corporation. These members have the power to remove, with or without cause, the directors of the corporation.”

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

“The comptroller for new samaritan corporation, sponsor of the project, reviews form 990 and reports her comments directly to the president of new meadow elderly housing, inc. The 990 draft is also circulated to the board members of new meadow elderly housing, inc. For comment before filing.”

Form 990, Page 6, Part VI, Line 12C

“Officers directors update this form yearly.”

Form 990, Page 6, Part VI, Line 19

“Available upon written request.”

Filing and Contact Details

Filer

Filer Name
New Meadow Elderly Housing Inc
EIN
27-1006974
Phone
2032304809
Address
127 WASHINGTON AVE 5TH FL EAST, NORTH HAVEN, CT 06473

Signing Officer

Name
Mabel Peterson
Title
Secretary/treasurer
Phone
2032304809
Signed
2026-01-13

Organization Details

Principal Officer
Mabel Peterson
Formed
2009
Legal Domicile
Ct
Voting Board Members
8
Independent Board Members
8
Employees
0

Preparer

Firm
Maddox & Associates Apc
Address
5627 BANKERS AVE BLDG 2, BATON ROUGE, LA 70808-2610
Preparer
William B Beale
Phone
2259263360
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“To provide elferly or disabled personss with housing facilities and services specifically designed to meet their physical, social, and psychological needs, and to promote their health, security, happiness, and usefulness in longer living. The charges for such facilities and services to be predicated upon the provision, maintenance, and operation thereof on a nonprofit basis.”

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.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TO PROVIDE ELFERLY OR DISABLED PERSONSS WITH HOUSING FACILITIES AND SERVICES SPECIFICALLY DESIGNED TO MEET THEIR PHYSICAL, SOCIAL, AND PSYCHOLOGICAL NEEDS, AND TO PROMOTE THEIR HEALTH, SECURITY, HAPPINESS, AND USEFULNESS IN LONGER LIVING. THE CHARGES FOR SUCH FACILITIES AND SERVICES TO BE PREDICATED UPON THE PROVISION, MAINTENANCE, AND OPERATION THEREOF ON A NONPROFIT BASIS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION HAS CONTRACTED WITH ELDERLY HOUSING MANAGEMENT TO PROVIDE PROPERTY MANAGEMENT SERVICES FOR THE APARTMENT BUILDING. ALL EMPLOYEES ARE EMPLOYEES OF ELDERLY HOUSING MANAGEMENT. SALARIES ON THE 990 REPRESENT REIMBURSEMENTS TO EHM FOR EMPLOYEES WHO WORK ON-SITE AT THE ORGANIZATIONS APARTMENT FACILITY. EHM PROVIDES ALL MANAGEMENT, ACCOUNTING, AND MAINTENANCE SERVICES RELATED TO THE PROPERTY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE MEMBERS OF THE CORPORATION ARE THE MEMBERS OF THE BOARD OF DIRECTORS, IN OFFICE FROM TIME TO TIME, OF NEW SAMARITAN CORPORATION. THESE MEMBERS HAVE THE POWER TO REMOVE, WITH OR WITHOUT CAUSE, THE DIRECTORS OF THE CORPORATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE MEMBERS OF THE CORPORATION ARE THE MEMBERS OF THE BOARD OF DIRECTORS, IN OFFICE FROM TIME TO TIME, OF NEW SAMARITAN CORPORATION. THESE MEMBERS HAVE THE POWER TO REMOVE, WITH OR WITHOUT CAUSE, THE DIRECTORS OF THE CORPORATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE COMPTROLLER FOR NEW SAMARITAN CORPORATION, SPONSOR OF THE PROJECT, REVIEWS FORM 990 AND REPORTS HER COMMENTS DIRECTLY TO THE PRESIDENT OF NEW MEADOW ELDERLY HOUSING, INC. THE 990 DRAFT IS ALSO CIRCULATED TO THE BOARD MEMBERS OF NEW MEADOW ELDERLY HOUSING, INC. FOR COMMENT BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5OFFICERS DIRECTORS UPDATE THIS FORM YEARLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6AVAILABLE UPON WRITTEN REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 19
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0ELDERLY HOUSING MANGEMENT
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1NEW SAMARITAN CORPORATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt2CHESTNUT HILL HOUSING
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt3HILLSIDE ELDERLY HOUSING
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt4NEW SAMARITAN DEVELOPMENT CORP
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