EIN 36-3504473

Sapphire Homes

Name: Sapphire Homes financials for 2023
Creator: Cause IQ
License: https://creativecommons.org/licenses/by-nc-nd/4.0/

Programs|Financials|Peers

IRS 501(c) type

501(c)(3)

Num. employees

City

Hamilton

State

Montana

Year formed

1987

Most recent tax filings

2023-12-01

NTEE code, primary

L22: Senior Citizens Housing, Retirement Communities

Description

Sapphire Homes provides low income retirement apartments for elderly individuals. The mission is to offer rental assistance to this demographic. Rural development subsidizes the 24 units, with 23.5 of them currently occupied by an average age of 72.1 years old. All units are eligible for rental assistance, but only 21 are filled.

Related structure

Sapphire Homes is a subordinate organization under Sapphire Lutheran Homes.

Total revenues

$209,452

2023

Total expenses

$216,178

2023

Total assets

$471,344

2023

Num. employees

2023

Program areas at Sapphire Homes

Low income retirement apartments for elderly subsidized by rural development provides 24 apartments, servicing 24 people. All units qualify for rental assistance, however only 21 apartments receive rental assistance.

Financials for Sapphire Homes

Revenues	FYE 12/2023	FYE 12/2022	% Change
Total grants, contributions, etc.	$0	$0	-
Program services	$209,443	$198,567	5.5%
Investment income and dividends	$9	$11	-18.2%
Tax-exempt bond proceeds	$0	$0	-
Royalty revenue	$0	$0	-
Net rental income	$0	$0	-
Net gain from sale of non-inventory assets	$0	$0	-
Net income from fundraising events	$0	$0	-
Net income from gaming activities	$0	$0	-
Net income from sales of inventory	$0	$0	-
Miscellaneous revenues	$0	$0	-
Total revenues	$209,452	$198,578	5.5%

Organizations like Sapphire Homes

Organization	Type	Location	Revenue
United Church Residences of Brilliant	501(c)(3)	Marion, OH	$303,267
Lakeland Shores Apartments	501(c)(3)	Shoreview, MN	$527,644
Luther Towers of Dover	501(c)(3)	Dover, DE	$766,966
Orchard Ridge Independent Living - E	501(c)(3)	Coeur D Alene, ID	$382,789
Rolling Meadows Senior Living	501(c)(3)	Des Plaines, IL	$349,229
Christopher Homes of Monette	501(c)(3)	Little Rock, AR	$145,963
Jefferson East	501(c)(3)	Norristown, PA	$397,342
South Charleston Unity Apts	501(c)(3)	Morgantown, WV	$290,240
Carleton Non-Profit Housing Corporation	501(c)(3)	Warren, MI	$498,798
Lutheran Knolls West	501(c)(3)	Boothwyn, PA	$662,372

Data update history

February 15, 2025

Posted financials

Added Form 990 for fiscal year 2023

February 14, 2025

Updated personnel

Identified 1 new personnel

January 5, 2024

Posted financials

Added Form 990 for fiscal year 2022

January 4, 2024

Updated personnel

Identified 1 new personnel

November 25, 2023

Posted financials

Added Form 990 for fiscal year 2021

Nonprofit Types

Housing and shelter organizationsRetirement homesChapter / child organizationsCharities

Issues

Human servicesHousing

Characteristics

State / local levelReceives government fundingTax deductible donationsNo full-time employeesAccepts online donations

General information

Address: 501 N 10th St; Hamilton, MT 59840
County: Ravalli County, MT
Website URL: sapphirelutheran.org/
Phone: (406) 363-2800

IRS details

EIN: 36-3504473
Fiscal year end: December
Taxreturn type: Form 990
Year formed: 1987
Eligible to receive tax-deductible contributions (Pub 78): Yes

Categorization

NTEE code, primary: L22: Senior Citizens Housing, Retirement Communities
NAICS code, primary: 62422: Community Housing Services
Parent/child status: Subordinate organization

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Sapphire Homes

Program areas at Sapphire Homes

Financials for Sapphire Homes

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