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Nonprofiteer
← MOUNT ANTHONY HOUSING CORPORATION

Form 990 for tax year 2024

Filed by MOUNT ANTHONY HOUSING CORPORATION.

Totals

Total revenue
$388,795
Total expenses
$75,969
Contributions and grants received
$153,851
Grants paid
$0
Program service revenue
$14,160
Investment income
$220,784
Other revenue
$0
Total assets, end of year
$8,424,188
Total liabilities, end of year
$15,103
Net assets or fund balances, end of year
$8,409,085
Program services expenses (Part IX)
$0
Management and general expenses
$75,969
Fundraising expenses
$0
Program service expenses (Part III)
not reported

Program services were 0.0% 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.

  • 1e · Government grants (contributions)

    $153,851

  • 2a · Program service revenue: PATIENT REVENUE

    total $14,160 · related or exempt $14,160

  • 3 · Investment income

    total $90,991 · excluded $90,991

  • 7a · Gross sales of assets other than inventory

    securities $129,793

  • 7b · Less cost or other basis and sales expenses

    securities $0

  • 7c · Gain or loss

    securities $129,793

  • 7d · Net gain or loss

    total $129,793 · excluded $129,793

Functional expenses

Part IX, the statement of functional expenses.

  • 11b · Fees: legal

    total $10,870 · management and general $10,870

  • 11c · Fees: accounting

    total $3,166 · management and general $3,166

  • 11f · Fees: investment management

    total $50,064 · management and general $50,064

  • 24a · Other expenses: BANK CHARGES

    total $8,152 · management and general $8,152

  • 24b · Other expenses: DEFINED BENEFITS EXPENS

    total $3,651 · management and general $3,651

  • 24c · Other expenses: DUES AND CHARGES

    total $66 · management and general $66

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $296,032 · end of year $46,284

  • 11 · Investments: publicly traded securities

    beginning of year $908,148 · end of year $939,377

  • 13 · Investments: program-related

    beginning of year $4,767,401 · end of year $5,300,995

  • 15 · Other assets

    beginning of year $1,739,942 · end of year $2,137,532

  • 17 · Accounts payable and accrued expenses

    beginning of year $15,103 · end of year $15,103

  • 25 · Other liabilities

    beginning of year $1,773 · end of year $0

  • 27 · Net assets without donor restrictions

    beginning of year $7,694,647 · end of year $8,409,085

Mission and programs · 2024

Mission

THE PURPOSE OF THE HOUSING CORPORATION SHALL BE TO PROVIDE AND PROMOTE LONG TERM, SHORT STAY CONVALESCENT, AND ASSISTED LIVING TO MEMBERS OF OUR COMMUNITY.

Activities or mission (Part I)

DEVELOPING, MANAGING, AND OPERATING NURSING HOMES AS WELL AS PROVIDING SENIOR LIVING AND REHABILITATION SERVICES.

  • PROGRAM REVENUE CONSISTS OF RESIDUAL PAYMENTS ON OLD RESIDENT BALANCES PRIORLY WRITTEN OFF; OFFSET BY MINOR DIRECT COSTS RELATED TO MAHC'S SHARE OF PROVIDING LONG TERM CARE AND REHABILITATIVE SERVICES.

    Revenue $14,160

As filed on the 2024 return.

Listed in Part VII

  • Thomas A Dee

    TURSTEE / CEO SVHC

    Total calculated
    $806,849
    From this org
    $0
    From related orgs
    $665,360
    Other
    $141,489
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $529,163 related
    Bonus
    $0 + $122,093 related
    Other
    $0 + $14,104 related
    Deferred
    $0 + $108,000 related
    Nontaxable benefits
    $0 + $33,489 related
    Filer's total
    $0 + $806,849 related
  • Stephen Kelly

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    1 + 3 related
  • Dimitri Garder

    SECRETARY

    Total calculated
    $0
    Hours/week
    1 + 2 related
  • Brian Barefoot

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1 + 2 related
  • Carol Conroy

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1 + 2 related
  • Robert Van Degna

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1 + 2 related
  • Wayne Granquist

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1 + 2 related
  • Thomas H Green III

    CHAIR

    Total calculated
    $0
    Hours/week
    1 + 3 related
  • Kristyn Harrington

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1 + 2 related
  • Connie Jastremski

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1 + 2 related
  • George Keady

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1 + 2 related
  • Angie Marano

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1 + 2 related
  • Christine Miles

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1 + 2 related
  • Robert Laba

    CFO/TREASURER

    Total calculated
    $385,459
    From this org
    $0
    From related orgs
    $381,669
    Other
    $3,790
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $322,700 related
    Bonus
    $0
    Other
    $0 + $58,969 related
    Deferred
    $0 + $3,564 related
    Nontaxable benefits
    $0 + $226 related
    Filer's total
    $0 + $385,459 related
  • Keith Michl

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1 + 3 related
  • Matthew Stanishewski

    TRUSTEE

    Total calculated
    $370,891
    From this org
    $0
    From related orgs
    $321,078
    Other
    $49,813
    Hours/week
    1 + 2 related

    Schedule J breakdown matched by us

    Base
    $0 + $297,898 related
    Bonus
    $0
    Other
    $0 + $23,180 related
    Deferred
    $0 + $19,734 related
    Nontaxable benefits
    $0 + $30,079 related
    Filer's total
    $0 + $370,891 related
  • Stephen Leblanc

    TRUSTEE

    Total calculated
    $1,070,249
    From this org
    $0
    From related orgs
    $1,016,111
    Other
    $54,138
    Hours/week
    1 + 2 related

    Schedule J breakdown matched by us

    Base
    $0 + $733,963 related
    Bonus
    $0 + $155,000 related
    Other
    $0 + $127,148 related
    Deferred
    $0 + $32,970 related
    Nontaxable benefits
    $0 + $21,168 related
    Filer's total
    $0 + $1,070,249 related
  • Edward Merrens MD

    TRUSTEE

    Total calculated
    $1,097,619
    From this org
    $0
    From related orgs
    $1,051,727
    Other
    $45,892
    Hours/week
    1 + 2 related

    Schedule J breakdown matched by us

    Base
    $0 + $796,803 related
    Bonus
    $0 + $165,000 related
    Other
    $0 + $89,924 related
    Deferred
    $0 + $32,970 related
    Nontaxable benefits
    $0 + $12,922 related
    Filer's total
    $0 + $1,097,619 related
  • Reija Rawle MD

    TRUSTEE

    Total calculated
    $143,046
    From this org
    $0
    From related orgs
    $133,864
    Other
    $9,182
    Hours/week
    1 + 2 related
  • Robin Sher

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1 + 2 related
  • Tove Stigum

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1 + 2 related
  • Brian G O'Grady

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1 + 2 related
  • Stephen D Majetich

    FORMER OFFICER

    Total calculated
    $273,605
    From this org
    $0
    From related orgs
    $273,404
    Other
    $201
    Hours/week
    0

    Schedule J breakdown matched by us

    Base
    $0
    Bonus
    $0 + $47,250 related
    Other
    $0 + $226,154 related
    Deferred
    $0
    Nontaxable benefits
    $0 + $201 related
    Filer's total
    $0 + $273,605 related

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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Independent compensation consultant
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan

Answered no

  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINES 4A-B
SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN: CERTAIN INDIVIDUALS LISTED SCHEDULE J, PART II PARTICIPATED IN A NON-QUALIFIED DEFERRED COMPENSATION ARRANGEMENT. UNDER THE TERMS OF THE PLAN THE INDIVIDUAL WILL BECOME VESTED IN THE PLAN IF THEY REMAIN EMPLOYED THROUGH A TARGETED DATE PURSUANT TO THE PLAN. NO AMOUNTS VESTED IN CALENDAR YEAR 2024 AND AMOUNTS CREDITED UNDER THE PLAN ARE INCLUDED IN FORM 990, PART VII, SECTION A. THOMAS DEE - $100,000.
PART I, LINE 3
SOUTHWESTERN MEDICAL CENTER, A RELATED ORGANIZATION, USES THE FOLLOWING TO ESTABLISH THE COMPENSATION OF THE CEO: INDEPENDENT COMPENSATION CONSULTANT, COMPENSATION SURVEY OR STUDY, AND APPROVAL BY THE BOARD.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2024
Filed
30 July 2026
IRS schema version
2024v5.5
Source object
202642159349300589

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