Historic Homes of Runnemede Inc

EIN: 237396147 501(c)(3)

Windsor, VT

Total Revenue
$2,425,087
Total Expenses
$2,526,959
Total Assets
$3,278,561
Net Assets
$2,777,258
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2002
Legal Domicile
VT
Phone
8026746733
Tax Period
2023-10-01 to 2024-09-30

Historic Homes of Runnemede Inc, founded in 2002, is a community nonprofit that reported $2.4M in total revenue in fiscal year 2023. Revenue grew 8% year-over-year, indicating healthy expansion.

Mission

Our mission is to provide a homelike atmosphere filled with encouragement and supportive care that allows our senior citizens to live out their lives with dignity and independence.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $13,772
Program Service Revenue $2,251,233
Investment Income $49,091
Other Revenue $110,991
TOTAL REVENUE $2,425,087

Expense Breakdown

Grants Paid $0
Salaries & Benefits $957,123
Fundraising Expenses $0
Program Expenses $1,844,622
Other Expenses $1,569,836
TOTAL EXPENSES $2,526,959

Year-over-Year Comparison

2023 2022 Change
Revenue $2,425,087 $2,241,567 +0.1%
Expenses $2,526,959 $2,241,806 +0.1%
Net Income $-101,872 $-239 +425.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
6
Independent Members
5
Employees
32
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
10
$1,003,227
Total Directors
7
$506,803
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Janet Farley Trustee / Treasurer 0.5
Officer Director
$0 $0 $0
Jocelyn Caple MAHHC Interim CEO (as of 9/2/24) 0.5
Officer Director
$0 $58,356 $360,290
Kier Olsen Devries Trustee / Vice Chair 0.5
Officer Director
$0 $0 $0
Paul Voltmer Trustee / Chair 0.5
Officer Director
$0 $0 $0
Winfield Brown MAHHC Interim CEO (7/31/23 - 8/30/24) 0.5
Officer Director
$0 $8,880 $146,513
John Gilman Trustee 0.5
Director
$0 $0 $0
William Page Trustee (through March 2024) 0.5
Director
$0 $0 $0
Alonzo Tapley RN Administrator (5/26/23 to 8/5/24) 2.0
Officer
$0 $31,552 $176,743
Celeste Pitts Interim CFO (as of 8/1/24) 2.0
Officer
$0 $0 $0
David Sanville Chief Financial Officer (through 2/29/24) 0.5
Officer
$0 $31,240 $319,681
Joseph Iannoni Interim CFO (2/21/24 to 8/1/24) 0.5
Officer
$0 $0 $0
Vincent Jewell Administrator (as of 8/5/24) 2.0
Officer
$0 $0 $0
Joseph L Perras MD Trustee (MAHHC CEO through 8/6/23) 0.5
$0 $33,818 $654,647
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $2,425,087 $2,526,959 $3,278,561 $-101,872
2023 $2,241,567 $2,241,806 $3,129,740 $-239
2022 $2,004,877 $2,054,558 $3,022,513 $-49,681
2021 $1,931,071 $1,808,526 $3,305,885 $122,545
2020 $1,846,215 $1,750,265 $3,094,250 $95,950
2019 $1,827,593 $1,742,255 $3,083,059 $85,338
2018 $1,564,502 $1,565,246 $2,927,241 $-744
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