NonprofitsPenn Asylum For Indigent Widows And Singlewomen

Human Services

Penn Asylum For Indigent Widows And Singlewomen

PHILADELPHIA, PA

Total revenue

$2.7M

Total expenses

$425K

Net assets

$6.9M

Grants received

EIN

231580962

Tax year

2021

Mission

Penn asylum for indigent widows and single women (penn home), located in philadelphia, pennsylvania, is a not-for-profit corporation that owned and operated a retirement residence. The facility was licensed to provide personal care services to 45 individuals. Penn home has been in operation since 1848. The organization submitted paperwork with the state of pennsylvania and effective october 1, 2020 the facility was closed with the department of human services and could no longer accept residents, and all current residents were transferred to other facilities during 2021. As of january 1, 2022, penn home began to operate as a not-for-profit private foundation. The organization will continue to support prior residents and other retirement homes by way of financial support.

Financials

FY 2021

Revenue

Contributions & grants$3K
Program service revenue
Investment income$2.7M
Other revenue
Total revenue$2.7M

Expenses

Grants paid
Salaries & benefits$194K
Fundraising
Other expenses$231K
Total expenses$425K
Total assets$6.9M
Net assets$6.9M

People

7 listed

NameRoleCompensation

MARK A SAUER

EXECUTIVE DI

Board

$75K

40 hrs/wk

MIMOZA ZANAJ

DIR. OF ACCO

Board

$53K

40 hrs/wk

GRETCHEN BROWN

BOARD MEMBER

Board

1 hrs/wk

MARY BROWN

SECRETARY

Board

1 hrs/wk

FRANK BYRNE

BOARD MEMBER

Board

1 hrs/wk

ERIC SCHAEFLEIN

PRESIDENT

Board

1 hrs/wk

JOSEPH SILVA

BOARD MEMBER

Board

1 hrs/wk

Details

EIN231580962
NTEE codeP750
Subsection03
Ruling date1934-11
Formed1848
Employees3
PENN ASYLUM FOR INDIGENT WIDOWS AND SINGLEWOMEN — Mission, Financials & Grants Received | Grantivo