Totals
- Total revenue
- $236,569
- Total expenses
- $333,791
- Contributions and grants received
- $0
- Grants paid
- $0
- Program service revenue
- $234,724
- Investment income
- $1,845
- Other revenue
- $0
- Total assets, end of year
- $1,273,615
- Total liabilities, end of year
- $815,117
- Net assets or fund balances, end of year
- $458,498
- Program services expenses (Part IX)
- $297,142
- Management and general expenses
- $36,649
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $297,142
Program services were 89.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
2a · Program service revenue: RENTAL REVENUE
total $234,724 · related or exempt $234,724
-
3 · Investment income
total $1,845 · excluded $1,845
Functional expenses
Part IX, the statement of functional expenses.
-
7 · Other salaries and wages
total $51,230 · program services $51,230
-
9 · Other employee benefits
total $8,550 · program services $8,550
-
10 · Payroll taxes
total $5,151 · program services $5,151
-
11a · Fees: management
total $23,260 · management and general $23,260
-
11c · Fees: accounting
total $13,230 · management and general $13,230
-
11g · Fees: other
total $8,152 · program services $8,152
-
13 · Office expenses
total $4,753 · program services $4,753
-
17 · Travel
total $2,066 · program services $2,066
-
20 · Interest
total $33,715 · program services $33,715
-
22 · Depreciation, depletion and amortization
total $63,324 · program services $63,324
-
23 · Insurance
total $8,914 · program services $8,914
-
24a · Other expenses: CONTRACTS
total $44,098 · program services $44,098
-
24b · Other expenses: UTILITIES
total $39,372 · program services $39,372
-
24c · Other expenses: SNOW REMOVAL
total $9,046 · program services $9,046
-
24d · Other expenses: SUPPLIES
total $8,884 · program services $8,884
-
24e · All other expenses
total $10,046 · program services $9,887 · management and general $159
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $29,434 · end of year $2,960
-
4 · Accounts receivable
beginning of year $3,033 · end of year $5,353
-
9 · Prepaid expenses and deferred charges
end of year $1,529
-
10a · Land, buildings and equipment: cost or other basis
$2,613,189
-
10b · Land, buildings and equipment: accumulated depreciation
$1,485,039
-
10c · Land, buildings and equipment, net
beginning of year $1,163,961 · end of year $1,128,150
-
15 · Other assets
beginning of year $146,611 · end of year $135,623
-
17 · Accounts payable and accrued expenses
beginning of year $105,177 · end of year $98,513
-
19 · Deferred revenue
beginning of year $348 · end of year $372
-
23 · Secured mortgages and notes payable
beginning of year $674,289 · end of year $708,004
-
25 · Other liabilities
beginning of year $7,505 · end of year $8,228
-
27 · Net assets without donor restrictions
beginning of year -$1,297,691 · end of year -$1,361,198
-
28 · Net assets with donor restrictions
beginning of year $1,853,411 · end of year $1,819,696
Mission and programs · 2023
Mission
SILVER MEADOW, INC.'S PRIMARY PURPOSE IS TO PROVIDE ELDERLY PERSONS OF LOW AND VERY LOW INCOME WITH HOUSING FACILITIES AND SERVICES SPECIFICALLY DESIGNED TO MEET THEIR NEEDS.
-
SILVER MEADOW, INC. PROVIDED 20 UNITS OF RESIDENTIAL HOUSING AND SUPPORT SERVICES TO LOW AND VERY LOW INCOME ELDERLY PERSONS IN WALES, MASSACHUSETTS.
Expenses $297,142 · Revenue $234,724
As filed on the 2023 return.
Listed in Part VII
-
Guy LuciaGUY LUCIA
PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
Nancy DrenzekNANCY DRENZEK
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Karolyn KoprowskiKAROLYN KOPROWSKI
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
Valerie BernierVALERIE BERNIER
CLERK
- Total calculated
- $0
- Hours/week
- 1
-
Larry KeyesLARRY KEYES
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Doug DickinsonDOUG DICKINSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Dolores ScottDOLORES SCOTT
ASSISTANT CLERK
- Total calculated
- $0
- Hours/week
- 1
-
Tammy SmithTAMMY SMITH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 9 September 2024
- IRS schema version
- 2023v5.1
- Source object
- 202422569349301337
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