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Coventry Housing Associates Corporation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 050495681 ✦ Coventry, RI ✦ Designated as a 501(c)(3)

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Overview

What is Coventry Housing Associates Corporation?

Coventry Housing Associates Corporation is a nonprofit organization, headquartered at 14 Manchester Circle, Coventry, Rhode Island (02816), dedicated to providing affordable housing opportunities. Their mission encompasses developing, managing, and owning deed-restricted rental properties, with the ultimate goal of fostering a thriving community. The corporation's activities are centered around creating affordable housing solutions, ensuring that everyone has a safe and comfortable living space.

Is Coventry Housing Associates Corporation legitimate?

Coventry Housing Associates Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Coventry Housing Associates Corporation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $30,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $11,855

For more financial information, click here

What is the mission statement of Coventry Housing Associates Corporation?

Coventry Housing Associates Corporation is dedicated to providing affordable housing opportunities, fostering the potential of communities. Their mission revolves around developing, managing, and owning affordable housing properties, with deed restrictions in place. This organization aims to make housing accessible for a wide range of individuals, thereby contributing positively to the community as a whole.

Who is the CEO of Coventry Housing Associates Corporation?

Maureen K Jendzejec is the Chairman of Coventry Housing Associates Corporation.

What is the revenue of Coventry Housing Associates Corporation?

Coventry Housing Associates Corporation's revenue in 2022 was $128,122.

Who are the executives of Coventry Housing Associates Corporation and what are their salaries?

There 5 volunteers at Coventry Housing Associates Corporation.


Here are 6 key members and their salaries:


Maureen K Jendzejec (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
R David Jervis (Vice Chair/ Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert I Eldred (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jane Deptula (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Phil Reynolds (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Julie A Leddy (Executive Director)
  • Compensation: $30,049
  • Related: $109,993
  • Other: $6,861
Where can I find the form 990 for Coventry Housing Associates Corporation?

Coventry Housing Associates Corporation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Coventry Housing Associates Corporation

Coventry Housing Associates Corporation is dedicated to providing affordable housing opportunities, playing a crucial role in fostering community growth. Their mission, simply put, is to create a promising environment for communities by offering affordable housing options. As an affordable housing developer, manager, and rental property owner, Coventry Housing Associates Corporation specializes in deed-restricted properties. By prioritizing affordable housing, they contribute to the well-being of individuals and families, thereby strengthening the community as a whole.

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Impact




October, 2024

Coventry Housing Associates Corporation significantly contributes to the community by providing affordable housing opportunities that enhance the quality of life for residents. As an affordable housing developer and manager, it plays a crucial role in addressing the housing needs within Coventry, Rhode Island. By offering deed-restricted rental properties, the organization ensures that housing remains accessible to individuals and families who might otherwise struggle to find suitable accommodations.

The impact of Coventry Housing Associates Corporation extends beyond mere housing availability; it fosters a sense of community and stability for residents. Access to affordable housing can lead to improved educational outcomes for children, increased economic mobility for families, and a stronger, more cohesive neighborhood environment. The commitment to affordable housing aligns with the broader goal of promoting equity and inclusivity within the community, ultimately contributing to the promise of a thriving Coventry for all its inhabitants.




This information is meant to be a general summary of Coventry Housing Associates Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$128,122 (2022)
Expenses
$578,447 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $864
  • Program Service Revenue: $127,258
  • Gross Receipts: $128,122

Assets and Liabilities:

  • Total Assets: $553,164
  • Total Liabilities: $140,008
  • Net Assets: $413,156

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

DEVELOPMENT FEE

Revenue

$75,854

MANAGEMENT FEES

Revenue

$30,205

RENTAL INCOME

Revenue

$21,184

TENANT CHARGES

Revenue

$15

Organization Details

Founding Year

1996

Principal Officer

Maureen K Jendzejec

Main Address

14 MANCHESTER CIRCLE, COVENTRY, RI, 028168827

NTEE Category

Code: L20J - Housing

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