Waterbury Housing Fund Inc

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

EIN: 061322389 ✦ Waterbury, CT ✦ Designated as a 501(c)(4)

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Overview

What is Waterbury Housing Fund Inc?

Waterbury Housing Fund Inc is a nonprofit organization based in Waterbury, Connecticut, with a single focus on community development. Situated at 1 Exchange Place, this organization works in collaboration with banks, corporations, local government agencies, and various neighborhood, community, and religious organizations. Their primary objective is to aid in the rebuilding of neighborhoods within the greater Waterbury area. They accomplish this by providing loans, serving as a crucial partner in neighborhood revitalization efforts. With a small team of dedicated individuals, Waterbury Housing Fund Inc aims to contribute positively to the community's growth and development.


Official website here: www.info@waterburyha.org

Is Waterbury Housing Fund Inc legitimate?

Waterbury Housing Fund Inc is a legitimate nonprofit organization registered as a 501(c)(4) entity. Waterbury Housing Fund 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: $191,681
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.info@waterburyha.org

What is the mission statement of Waterbury Housing Fund Inc?

Waterbury Housing Fund Inc's mission is to facilitate the rebuilding of neighborhoods in a specified area, often referred to as the greater Waterbury area. This is achieved through a collaborative effort involving banks, corporations, local government agencies, neighborhood organizations, community groups, and religious institutions. The corporation's primary activity is providing loans to aid in the rebuilding process. With this mission, Waterbury Housing Fund Inc aims to contribute positively to the community by fostering neighborhood development and improvement.


Official website here: www.info@waterburyha.org

Who is the CEO of Waterbury Housing Fund Inc?

Robert Nocera is the Director of Waterbury Housing Fund Inc.


Official website here: www.info@waterburyha.org

What is the revenue of Waterbury Housing Fund Inc?

Waterbury Housing Fund Inc's revenue in 2023 was $495,499.


Official website here: www.info@waterburyha.org

Who are the executives of Waterbury Housing Fund Inc and what are their salaries?

The average compensation at Waterbury Housing Fund Inc during 2023 was $191,681. There is 1 employee at Waterbury Housing Fund Inc.


Here are 15 key members and their salaries:


Fred Riccio (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric Bauer (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leslie Robertson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Linda Fercodini (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Timothy Bergstrom (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Mezzo (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephani Hayes (Chairperson Of Loan Commit)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brenda Corbo (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe Mcgrath (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Marshall (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Graveline (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Glenn Davis (Asst Vice-Pres)
  • Compensation: $0
  • Related: $0
  • Other: $0
Greg Howe (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ann Marino (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Nocera (Executive Director)
  • Compensation: $191,681
  • Related: $0
  • Other: $0


Official website here: www.info@waterburyha.org

Where can I find the form 990 for Waterbury Housing Fund Inc?

Waterbury Housing Fund Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.info@waterburyha.org

Learn more at the official website: www.info@waterburyha.org

Mission Statement of Waterbury Housing Fund Inc

Waterbury Housing Fund Inc, a corporation founded on collaborations between banks, corporations, local government agencies, neighborhood organizations, and religious entities, is dedicated to rebuilding neighborhoods in the greater Waterbury area. This mission is achieved through a unique program that provides loans, serving as a crucial catalyst for neighborhood revitalization. The corporation's activities are geared towards fostering a sense of community and improving the living conditions in these areas, ultimately contributing to a more vibrant and cohesive society.

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Impact




October, 2024

Waterbury Housing Fund Inc plays a pivotal role in revitalizing neighborhoods in the Greater Waterbury area. Through its targeted loan program, the organization facilitates the rebuilding of communities by providing necessary financial support for various housing projects. By acting as a catalyst for improvement, Waterbury Housing Fund Inc fosters partnerships among banks, corporations, local government agencies, and community organizations, creating a collaborative environment focused on neighborhood enhancement. As a result, this initiative not only addresses housing needs but also strengthens community ties, contributing to a more vibrant and sustainable urban landscape.




This information is meant to be a general summary of Waterbury Housing Fund 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.

Revenue
$495,499 (2023)
Expenses
$479,829 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $171
  • Program Service Revenue: $495,328
  • Gross Receipts: $495,499

Assets and Liabilities:

  • Total Assets: $6,257,087
  • Total Liabilities: $5,346,401
  • Net Assets: $910,686

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Programs

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

INTEREST ON LOANS

Revenue

$430,379

ORIGINATION FEES

Revenue

$27,352

APPLICATION FEES

Revenue

$1,200

Organization Details

Founding Year

1991

Principal Officer

Robert Nocera

Main Address

1 EXCHANGE PLACE, WATERBURY, CT, 06702

NTEE Category

Code: L12 - Housing

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