SEABURY RESIDENTS ASSOCIATION INC

EIN: 881948647 501(c)(3) Housing & Shelter

BLOOMFIELD, CT

Total Revenue
$281,000
Total Expenses
$273,211
Total Assets
$80,970
Net Assets
$80,970
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1971
Legal Domicile
CT
Principal Officer
ROBERT PERKINS
Phone
8603297432
Tax Period
2024-10-01 to 2025-09-30

SEABURY RESIDENTS ASSOCIATION INC, founded in 1971, is a small nonprofit in the Housing & Shelter sector that reported $281K in total revenue in fiscal year 2024. Revenue surged 62% from the prior year, signaling strong growth momentum.

Mission

TO PROVIDE ENRICHMENT TO THE SEABURY'S INC RESIDENTS, A FACILITY PROVIDING ASSISTED LIVING, SKILLED NURSING, AND MEMORY CARE, INCLUDING ENTERTAINMENT, ENHANCEMENT OF FACILITIES, INTELLECTUAL PROGRAMS, COMMUNITY OUTREACH, MONETARY RECOGNITION OF EMPLOYEES AND SHOPPING OPPORTUNITIES. ACTIVITIES CONDUCTED BY VOLUNTEERS WITHIN AND OUTSIDE THE COMMUNITY. ACTIVITIES CONDUCTED BOTH WITHIN THE COMMUNITY AND OUTSIDE THE COMMUNITY AS APPROPRIATE. THE CORPORATION OPERATES ENCORE, A THRIFT STORE THAT ACCEPTS DONATIONS AND RESELLS GOODS IN ORDER TO RAISE FUNDS TO SUPPORT THE ORGANIZATION. THE STORE IS OPEN APPROXIMATELY 5 HOURS EVERY OTHER WEEK AND ACCEPTS DONATIONS AT A SET TIME OUTSIDE OF NORMAL OPERATING HOURS. ACTIVITIES ARE FUNDED THROUGH DONATIONS FROM INDIVIDUAL DONATIONS, CORPORATE DONATIONS AND PROFITS FROM THE OPERATION OF THE CORPORATION RUNENCORE, THRIFT STORE. THROUGH DONATIONS AND EARNINGS FROM ENCORE, THE CORPORATION IS ABLE TO ENHANCE THE QUALITY OF LIFE WITHIN THE RESIDENT CMTY.

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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 (2024)

Revenue Breakdown

Contributions & Grants $250,524
Program Service Revenue $29,391
Investment Income $1,085
Other Revenue $0
TOTAL REVENUE $281,000

Expense Breakdown

Grants Paid $242,571
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $272,001
Other Expenses $30,640
TOTAL EXPENSES $273,211

Year-over-Year Comparison

2024 2023 Change
Revenue $281,000 $173,728 +0.6%
Expenses $273,211 $242,139 +0.1%
Net Income $7,789 $-68,411 -1.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Governance

Voting Members
11
Independent Members
11
Employees
N/A
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
6
$0
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ROBERT PERKENS PRESIDENT 5.00
Officer Director
$0 $0 $0
ELLEN SEE ASSISTANT SECRETARY 5.00
Officer Director
$0 $0 $0
CAROL MATZKE VICE PRESIDENT 5.00
Officer Director
$0 $0 $0
STEPHANIE LEVINE SECRETARY 5.00
Officer Director
$0 $0 $0
WESTON BOYD TREASURER 5.00
Officer Director
$0 $0 $0
PHIL GARDNER ASSISTANT TREASURER 5.00
Officer Director
$0 $0 $0
ROZANNE HAUSER BOARD MEMBER 1.00
Director
$0 $0 $0
SHEILA SWEENEY BOARD MEMBER 1.00
Director
$0 $0 $0
DAVID CROMBIE BOARD MEMBER 1.00
Director
$0 $0 $0
RUTH REMPT BOARD MEMBER 1.00
Director
$0 $0 $0
JANET JONES BOARD MEMBER 1.00
Director
$0 $0 $0
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
2025 $281,000 $273,211 $80,970 $7,789
2024 $173,728 $242,139 $73,181 $-68,411
2023 $242,388 $220,295 $141,592 $22,093
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