Overview
What is Helms Housing Inc?
Helms Housing Inc, based in Bridgeport, Connecticut, is a nonprofit organization primarily dedicated to providing low-income housing. Established under a contract with the State of Connecticut, the agency's mission extends to accommodating individuals with multiple and significant disabilities. The organization, formed in 1991, obtained financial assistance for its housing project through a grant-in-aid, as per Section 8-119DD of Connecticut's General Statutes, provided by the Connecticut Housing Finance Authority (CHFA). Helms Housing Inc's primary role is to offer suitable living spaces to those in need, adhering to the guidelines set by the CHFA.
Is Helms Housing Inc legitimate?
Helms Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Helms Housing Inc 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 Helms Housing Inc?
Helms Housing Inc, as an agency, was established with the mission to provide housing for residents in low-income areas. This mission is guided by the regulations set by the Connecticut Housing Finance Authority (CHFA). The organization received financial assistance for its housing project from the State of Connecticut Department of Housing, under the Section 8-119DD of the Connecticut General Statutes. The agency opened its facility in September 1991, offering low-income housing for tenants, including those with multiple and significant disabilities, under a contract with the State of Connecticut.
Who is the CEO of Helms Housing Inc?
Rocco Tricarico is the Outgoing Director of Helms Housing Inc. The CEO's salary of Helms Housing Inc is $0 and their total compensation is $267,050.
What is the revenue of Helms Housing Inc?
Helms Housing Inc's revenue in 2022 was $112,572.
Who are the executives of Helms Housing Inc and what are their salaries?
There 8 volunteers at Helms Housing Inc.
Here are 12 key members and their salaries (Helms Housing Inc's CEO's salary is $0 and their total compensation is $267,050):
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- Related: $209,033
- Other: $40,560
- Compensation: $0
- Related: $255,990
- Other: $11,060
Where can I find the form 990 for Helms Housing Inc?
Helms Housing Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Helms Housing Inc
Helms Housing Inc, as an agency, was established with a mission to provide housing for residents in low-income areas. This mission is guided by the regulations set by the Connecticut Housing Finance Authority (CHFA). Under this mission, Helms Housing Inc constructs and manages housing units, receiving financial assistance in the form of a grant-in-aid from the State of Connecticut Department of Housing, in accordance with Section 8-119DD of the Connecticut General Statutes. The organization's primary goal is to offer affordable housing solutions to individuals and families who fall under the low-income category. This commitment to social housing is evident in the twelve units of low-income housing that Helms Housing Inc has developed and operates, providing a safe and secure living environment for its tenants, some of whom may have multiple or significant disabilities.
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Impact
October, 2024
Helms Housing Inc. significantly impacts the community by providing essential low-income housing to residents in Bridgeport, CT. By operating twelve units specifically designed for individuals who may face financial challenges, including those with multiple and significant disabilities, the organization creates a safe and supportive living environment. The partnership with the Connecticut Department of Housing allows for financial assistance that ensures these housing units remain affordable.
Since opening in September 1991, Helms Housing has played a crucial role in alleviating housing insecurity in the area, helping to foster stability and improve the quality of life for its tenants. Through its mission to adhere to the guidelines set by the Connecticut Housing Finance Authority, the agency not only addresses the immediate needs for affordable housing but also contributes to the broader goals of community development and inclusivity. Helms Housing Inc. thus serves as a vital resource, promoting well-being and empowerment among low-income individuals and families in Bridgeport.
This information is meant to be a general summary of Helms Housing Inc. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $48
- Program Service Revenue: $112,524
- Gross Receipts: $112,572
Assets and Liabilities:
- Total Assets: $459,276
- Total Liabilities: $34,780
- Net Assets: $424,496
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$112,524
Organization Details
Founding Year
1991
Phone
(203) 368-6511Principal Officer
Rocco Tricarico
Main Address
165 OCEAN TERRACE, BRIDGEPORT, CT, 06605
NTEE Category
Code: L20Z - Housing
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