Simpson Mid-Town INC
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Offers HUD-funded housing for low-income individuals and the elderly. For fiscal year 2024 it reported $385K in revenue, $626K in expenses, and $-3.5M in net assets.Pt I
Summary of the Filing
Where the work happens
Simpson mid-town provides housing for elderly, low income residents in addition to certain monthly activities such as day trips to local points of interest. Simpson mid-town assists its residents in obtaining services offered by other local charitable and government agencies.
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Identity & Classification
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Officers, Directors & Key Employees
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Statement of Revenue
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 79% | — | — |
| Overhead ratio | 21% | — | — |
| Revenue growth | -2% | — | — |
| Accounting fee ratio | 3% | — | — |
Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.
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