Glenbrook Road Elderly Housing Corp

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

EIN: 061031260 ✦ Stamford, CT ✦ Designated as a 501(c)(4)

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Overview

What is Glenbrook Road Elderly Housing Corp?

Glenbrook Road Elderly Housing Corp is a nonprofit organization situated in Stamford, Connecticut. Its primary mission is to offer affordable housing solutions for elderly families with limited income, operating under the Section 8 program of the Department of Housing and Urban Development (HUD). The organization provides low-cost housing as its core activity, ensuring the community's senior residents have a secure and comfortable living environment.

Is Glenbrook Road Elderly Housing Corp legitimate?

Glenbrook Road Elderly Housing Corp is a legitimate nonprofit organization registered as a 501(c)(4) entity. Glenbrook Road Elderly Housing Corp 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Glenbrook Road Elderly Housing Corp?

Glenbrook Road Elderly Housing Corp's mission is centered around providing affordable housing for elderly families. This organization operates under the Section 8 program of the Department of Housing and Urban Development (HUD), ensuring that elderly individuals with limited income have access to suitable housing. The primary goal of Glenbrook Road Elderly Housing Corp is to offer a living solution that caters to the needs of the elderly, thus contributing to their well-being and quality of life.

What is the revenue of Glenbrook Road Elderly Housing Corp?

Glenbrook Road Elderly Housing Corp's revenue in 2023 was $1,048,972.

Who are the executives of Glenbrook Road Elderly Housing Corp and what are their salaries?

Here are 4 key members and their salaries:


Jonathan Gottleib (President)
  • Compensation: $0
  • Related: $261,565
  • Other: $15,580
Vincent Tufo (Vice President/Secretary/Treasurer)
  • Compensation: $0
  • Related: $302,033
  • Other: $101,222
Richard Ostuw (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ronice Latta (Vice Chairwoman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Glenbrook Road Elderly Housing Corp?

Glenbrook Road Elderly Housing Corp's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Glenbrook Road Elderly Housing Corp

Glenbrook Road Elderly Housing Corp is dedicated to serving the needs of elderly families with limited income. This nonprofit organization's primary mission is to provide affordable housing solutions, operating under the Section 8 program of the Department of Housing and Urban Development (HUD). By offering housing options, Glenbrook Road Elderly Housing Corp aims to contribute to the well-being of elderly families, providing them with a secure and comfortable living environment.

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Impact




October, 2024

Glenbrook Road Elderly Housing Corp significantly impacts the community by addressing the critical need for affordable housing for elderly families with limited income in Stamford, Connecticut. By participating in the Section 8 program of the Department of Housing and Urban Development (HUD), the organization ensures that vulnerable populations have access to secure and stable living environments. This initiative not only helps alleviate financial burdens for elderly residents, allowing them to allocate their limited resources toward healthcare and other essential needs, but also fosters a sense of community and support among residents. The presence of low-cost housing options aids in promoting dignity and quality of life for elderly individuals, enhancing their overall well-being and social connectivity.




This information is meant to be a general summary of Glenbrook Road Elderly Housing Corp. 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
$1,048,972 (2023)
2011201220132014201520162017201820192020202120222023$0$300k$600k$900k$1.2M
Expenses
$997,755 (2023)
2011201220132014201520162017201820192020202120222023$0$250k$500k$750k$1M
Efficiency
20112012201320142015201620172018201920202021202220230%2%4%6%8%10%

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $9,661
  • Program Service Revenue: $227,624
  • Gross Receipts: $1,048,972

Assets and Liabilities:

  • Total Assets: $6,572,516
  • Total Liabilities: $5,603,521
  • Net Assets: $968,995

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Programs

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

TENANT RENTAL REVENUE

Revenue

$215,251

LAUNDRY AND VENDING

Revenue

$12,373

Organization Details

Founding Year

1975

Principal Officer

Vincent Tufo

Main Address

PO BOX 1376, STAMFORD, CT, 06904

NTEE Category

Code: L22 - Housing

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