Civic Intelligence

Louison Properties Inc.

990 • Fiscal year 2022 • EIN 83-2396541

Oct 01, 2021 to Sep 30, 2022 • Filed on Jun 22, 2023

Organization ProfileWWW.LOUISONHOUSE.ORG
395 Old Columbia StreetAdams, MA 01220

(413) 663-6323

Siviq Scores

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

Liabilities / Assets

92nd percentile

0.85x

Higher debt load relative to assets than 92% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

100th percentile

202.13x

Higher debt load relative to revenue than 100% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Net Margin

1st percentile

-425%

Higher net margin than 1% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Top Officer Pay

39th percentile

$0

Higher top officer pay than 39% of similar nonprofits.

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

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Asset Growth

92nd percentile

74%

Faster asset growth than 92% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Revenue Growth

100th percentile

45267%

Faster revenue growth than 100% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets92nd percentile

Assets

Up

$2,926,419

Up $1,241,792 (+74%) from 2021

Net Assets

Up

$450,501

Up $530,761 (+661%) from 2021

Liabilities

Up

$2,475,918

Up $711,031 (+40%) from 2021

Revenue And Expenses
Liabilities / Revenue100th percentileNet Margin1st percentile

Revenue

Up

$12,249

Up $12,222 (+45267%) from 2021

Expenses

Up

$64,269

Up $30,908 (+93%) from 2021

Net Income

Down

-$52,020

Down $18,686 (-56%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth92nd percentile

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MAssets 2020: $1,193,757Liabilities 2020: $1,240,683Net Assets 2020: -$46,9262020Assets 2021: $1,684,627Liabilities 2021: $1,764,887Net Assets 2021: -$80,2602021Assets 2022: $2,926,419Liabilities 2022: $2,475,918Net Assets 2022: $450,5012022Assets 2023: $3,082,045Liabilities 2023: $2,143,340Net Assets 2023: $938,7052023Assets 2024: $3,519,955Liabilities 2024: $2,424,719Net Assets 2024: $1,095,2362024

Highlighted filing

2022

Assets$2,926,419
Liabilities$2,475,918
Net Assets$450,501
Open 2022 Filing

Operations Trend

Revenue Growth100th percentile

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

$600K$400K$200K$0-$200KRevenue 2020: $84Expenses 2020: $15,988Net Income 2020: -$15,9042020Revenue 2021: $27Expenses 2021: $33,361Net Income 2021: -$33,3342021Revenue 2022: $12,249Expenses 2022: $64,269Net Income 2022: -$52,0202022Revenue 2023: $548,217Expenses 2023: $69,452Net Income 2023: $478,7652023Revenue 2024: $228,317Expenses 2024: $71,786Net Income 2024: $156,5312024

Highlighted filing

2022

Revenue$12,249
Expenses$64,269
Net Income-$52,020
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Oct 1, 2021 to Sep 30, 2022
Signed
Jun 22, 2023
Return Version
2021v4.0
Gross Receipts
$12,249
Mission and Program Overview

Mission

The corporation is organized for charitable purposes and the corporation shall engage in holding real and personal property to prevent homelessness, promote independent living and to support louison house, inc., and to engage in such other activities as may appropriate and consistent with the corporation's status as an organization described in section 501(c)(3) of the internal revenue code, or the corresponding section of any future federal tax code.

The corporation is organized for charitable purposes and the corporation shall engage in holding real and personal property to prevent homeliness, promote independent living and to support louison house, inc., and to engage in such other activities as may appropriate and consistent with the corporation's status as an organization described in section 501(c)(3) of the internal revenue code, or the corresponding section of any future federal tax code.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,684,477$2,419,386▲ $734,909
Cash and Non-Interest-Bearing Accounts$150$507,033▲ $506,883
Total Assets$1,684,627$2,926,419▲ $1,241,792
Liabilities
Unsecured Notes Loans Payable$1,619,523$1,974,930▲ $355,407
Deferred Revenue-$500,484-
Accounts Payable and Accrued Expenses$145,364$504▼ $144,860
Total Liabilities$1,764,887$2,475,918▲ $711,031
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-80,260$450,501▲ $530,761
Total Net Assets Fund Balance$-80,260$450,501▲ $530,761
Total Liabilities and Net Assets / Fund Balance$1,684,627$2,926,419▲ $1,241,792

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,324,986$277,811$2,602,797
Land$94,400-$94,400
Compensation and Service Providers
Top Officer Pay39th percentile

Board Members and Trustees

NameTitle
Makayla Courtney McgeeneyPresident
Annie RodgersDirector
James SulzmanDirector
Mike CutlerDirector
Susan PuddesterSecretary/ C
Jenna DayTreasurer
Susan YatesVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$12,200
Investment Income
$49
Other Revenue
$0
Change in Net Assets
$-52,020
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$64,269
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$32,135$32,134-$64,269
Total Functional Expenses$32,135$32,134$0$64,269
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
No
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, Page 6, Part VI, Line 11B

“A copy of the form 990 will be reviewed by the treasurer and executive director prior to filing.”

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

“A copy of the policy will be given to all board memebers, staff members, and volunteeers upon commencement of such persons relationship with the organization. All shall sign and date the policy on an annual basis.”

Form 990, Page 6, Part VI, Line 15A

“The executive director salary is reviewed and approved by the board of directors.”

Form 990, Page 6, Part VI, Line 19

“Governing documents and financial statements are made available to the public upon request. Financial statements are also avilable on the website of the massachusetts attorney general.”

Filing and Contact Details

Filer

Filer Name
Louison Properties Inc
EIN
83-2396541
Phone
4136636323
Address
395 OLD COLUMBIA STREET, ADAMS, MA 01220

Signing Officer

Name
Kathy Keeser
Title
Executive Director
Phone
4136636323
Signed
2023-06-22
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Makayla Courtney Mcgeeney
Formed
2018
Legal Domicile
Ma
Voting Board Members
7
Independent Board Members
7
Employees
0

Preparer

Firm
Smith Watson & Company Llp
Address
7 NORTH ST SUITE 205, PITTSFIELD, MA 01201
Preparer
Bryon M Sherman CPA
Phone
4134649940
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“The corporation is organized for charitable purposes and the corporation shall engage in holding real and personal property to prevent homeliness, promote independent living and to support louison house, inc., and to engage in such other activities as may appropriate and consistent with the corporation's status as an organization described in section 501(c)(3) of the internal revenue code, or the corresponding section of any future federal tax code.”

Form 990, Part XI, Line 9

“Transfer from louison house 582,781”

Raw XML Appendix344 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/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0145364
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0504
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0THE CORPORATION IS ORGANIZED FOR CHARITABLE PURPOSES AND THE CORPORATION SHALL ENGAGE IN HOLDING REAL AND PERSONAL PROPERTY TO PREVENT HOMELINESS, PROMOTE INDEPENDENT LIVING AND TO SUPPORT LOUISON HOUSE, INC., AND TO ENGAGE IN SUCH OTHER ACTIVITIES AS MAY APPROPRIATE AND CONSISTENT WITH THE CORPORATION'S STATUS AS AN ORGANIZATION DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, OR THE CORRESPONDING SECTION OF ANY FUTURE FEDERAL TAX CODE.
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0false
IRS990/BooksInCareOfDetail/PersonNm0KATHY KEESER
IRS990/BooksInCareOfDetail/PhoneNum04136636323
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0149 CHURCH STREET
IRS990/BooksInCareOfDetail/USAddress/CityNm0NORTH ADAMS
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd001247
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0150
IRS990/CashNonInterestBearingGrp/EOYAmt0507033
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0true
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt049
IRS990/CYOtherExpensesAmt064269
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt012200
IRS990/CYRevenuesLessExpensesAmt0-52020
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt064269
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt012249
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/EOYAmt0500484
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt032134
IRS990/DepreciationDepletionGrp/ProgramServicesAmt032135
IRS990/DepreciationDepletionGrp/TotalAmt064269
IRS990/Desc0SUPPORT LOUISON HOUSE AND PROVIDE HOUSING.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt032135
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/PersonNm0MIKE CUTLER
IRS990/Form990PartVIISectionAGrp/PersonNm1JENNA DAY
IRS990/Form990PartVIISectionAGrp/PersonNm2MAKAYLA COURTNEY MCGEENEY
IRS990/Form990PartVIISectionAGrp/PersonNm3SUSAN PUDDESTER
IRS990/Form990PartVIISectionAGrp/PersonNm4ANNIE RODGERS
IRS990/Form990PartVIISectionAGrp/PersonNm5JAMES SULZMAN
IRS990/Form990PartVIISectionAGrp/PersonNm6SUSAN YATES
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt2PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY/ C
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6VICE PRESIDE
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02018
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt012249
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt07
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InvestmentIncomeGrp/ExclusionAmt049
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt049
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0277811
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01684477
IRS990/LandBldgEquipBasisNetGrp/EOYAmt02419386
IRS990/LandBldgEquipCostOrOtherBssAmt02697197
IRS990/LegalDomicileStateCd0MA
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0THE CORPORATION IS ORGANIZED FOR CHARITABLE PURPOSES AND THE CORPORATION SHALL ENGAGE IN HOLDING REAL AND PERSONAL PROPERTY TO PREVENT HOMELINESS, PROMOTE INDEPENDENT LIVING AND TO SUPPORT LOUISON HOUSE, INC., AND TO ENGAGE IN SUCH OTHER ACTIVITIES AS MAY APPROPRIATE AND CONSISTENT WITH THE CORPORATION'S STATUS AS AN ORGANIZATION DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, OR THE CORRESPONDING SECTION OF ANY FUTURE FEDERAL TAX CODE.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0-80260
IRS990/NetAssetsOrFundBalancesEOYAmt0450501
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0-80260
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0450501
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt0582781
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0MAKAYLA COURTNEY MCGEENEY
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0CONTRIBUTION FROM LH
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt012200
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt012200
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt027
IRS990/PYOtherExpensesAmt033361
IRS990/PYRevenuesLessExpensesAmt0-33334
IRS990/PYTotalExpensesAmt033361
IRS990/PYTotalRevenueAmt027
IRS990/ReconcilationRevenueExpnssAmt0-52020
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearAmt031006
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus1YearAmt014009
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus2YearsAmt06203
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus3YearsAmt06069
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt057287
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt049
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt027
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt084
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt032
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0192
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt012200
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt057287
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt031006
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt014009
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt06203
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt06069
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt057287
IRS990ScheduleA/TotalSupportAmt057479
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt02324986
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0277811
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02602797
IRS990ScheduleD/LandGrp/BookValueAmt094400
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt094400
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02419386
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE CORPORATION IS ORGANIZED FOR CHARITABLE PURPOSES AND THE CORPORATION SHALL ENGAGE IN HOLDING REAL AND PERSONAL PROPERTY TO PREVENT HOMELINESS, PROMOTE INDEPENDENT LIVING AND TO SUPPORT LOUISON HOUSE, INC., AND TO ENGAGE IN SUCH OTHER ACTIVITIES AS MAY APPROPRIATE AND CONSISTENT WITH THE CORPORATION'S STATUS AS AN ORGANIZATION DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, OR THE CORRESPONDING SECTION OF ANY FUTURE FEDERAL TAX CODE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A COPY OF THE FORM 990 WILL BE REVIEWED BY THE TREASURER AND EXECUTIVE DIRECTOR PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2A COPY OF THE POLICY WILL BE GIVEN TO ALL BOARD MEMEBERS, STAFF MEMBERS, AND VOLUNTEEERS UPON COMMENCEMENT OF SUCH PERSONS RELATIONSHIP WITH THE ORGANIZATION. ALL SHALL SIGN AND DATE THE POLICY ON AN ANNUAL BASIS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE EXECUTIVE DIRECTOR SALARY IS REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. FINANCIAL STATEMENTS ARE ALSO AVILABLE ON THE WEBSITE OF THE MASSACHUSETTS ATTORNEY GENERAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5TRANSFER FROM LOUISON HOUSE 582,781
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XI, LINE 9
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0NA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0LOUISON HOUSE INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0223051367
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501C
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0MA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0NON-PROFIT
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt07
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0395 OLD COLUMBIA STREET
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0ADAMS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0MA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd001220
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0false
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0false
IRS990ScheduleR/TransferFromOtherOrgInd0false
IRS990ScheduleR/TransferToOtherOrgInd0false
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0MA
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01684627
IRS990/TotalAssetsEOYAmt02926419
IRS990/TotalAssetsGrp/BOYAmt01684627
IRS990/TotalAssetsGrp/EOYAmt02926419
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt032134
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt032135
IRS990/TotalFunctionalExpensesGrp/TotalAmt064269
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01764887
IRS990/TotalLiabilitiesEOYAmt02475918
IRS990/TotalLiabilitiesGrp/BOYAmt01764887
IRS990/TotalLiabilitiesGrp/EOYAmt02475918
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-80260
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0450501
IRS990/TotalProgramServiceExpensesAmt032135
IRS990/TotalProgramServiceRevenueAmt012200
IRS990/TotalRevenueGrp/ExclusionAmt049
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt012200
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt012249
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01684627
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt02926419
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt01619523
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt01974930
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0102 ASHTON AVE
IRS990/USAddress/CityNm0NORTH ADAMS
IRS990/USAddress/StateAbbreviationCd0MA
IRS990/USAddress/ZIPCd001247
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0WWW.LOUISONHOUSE.ORG
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0KATHY KEESER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum04136636323
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-06-22
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LOUISON PROPERTIES INC
ReturnHeader/Filer/BusinessNameControlTxt0LOUI
ReturnHeader/Filer/EIN0832396541
ReturnHeader/Filer/PhoneNum04136636323
ReturnHeader/Filer/USAddress/AddressLine1Txt0395 OLD COLUMBIA STREET
ReturnHeader/Filer/USAddress/CityNm0ADAMS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd001220
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0042530803
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0SMITH WATSON & COMPANY LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt07 NORTH ST SUITE 205
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0PITTSFIELD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd001201
ReturnHeader/PreparerPersonGrp/PhoneNum04134649940
ReturnHeader/PreparerPersonGrp/PreparationDt02023-06-22
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0BRYON M SHERMAN CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02023-07-13T13:26:47-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0KATHY
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0KEESER
ReturnHeader/TaxPeriodBeginDt02021-10-01
ReturnHeader/TaxPeriodEndDt02022-09-30
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,926,419
Liabilities
$2,475,918
Net assets
$450,501
Revenue
$12,249
Expenses
$64,269
Net income
-$52,020
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.52$2.42$1.10$0.23$0.07$0.16
2023Detailed filing. Detailed filing data is available for this year.$3.08$2.14$0.94$0.55$0.07$0.48
2022Detailed filing. Detailed filing data is available for this year.$2.93$2.48$0.45$0.01$0.06$0.05
2021Summary only. Only limited summary data is available for this year.$1.68$1.76$0.08$0.00$0.03$0.03
2020Summary only. Only limited summary data is available for this year.$1.19$1.24$0.05$0.00$0.02$0.02