Overview
What is 364 Putnam Avenue Inc?
364 Putnam Avenue Inc is a nonprofit organization situated in Hartford, Connecticut, specifically at 57 Charter Oak Avenue Suite A, 06106. Their primary mission is to provide suitable housing facilities, services, programs, and environments tailored to meet the physical, social, and psychological needs of elderly and handicapped individuals with very low incomes. This residential housing complex, located in Hamden, Connecticut, consists of ten units, catering specifically to this population segment.
Official website here: www.cil.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97%, Four-Star out of Four Star rating.
364 Putnam Avenue Inc has achieved an impressive overall score of 97%, reflecting strong performance in accountability and finance. The organization boasts a fully independent board, with 81% of its members being independent, which enhances its governance and decision-making processes. Key indicators such as the absence of material diversion of assets and a solid program expense ratio of 87.30% suggest that the charity is effectively utilizing its resources for its intended mission.
Additionally, 364 Putnam Avenue Inc has demonstrated a commitment to transparency and ethical practices by having clear policies in place, including conflict of interest and whistleblower policies. The organization maintains thorough documentation, as indicated by its compliance in listing board meeting minutes and its website on tax forms. These strengths contribute to its strong standing and credibility among donors and stakeholders.
While the data reflects a very positive profile for the nonprofit, the summary does not indicate any limitations or areas for improvement. Overall, this rating signifies a reliable and responsible organization that is likely to effectively serve its beneficiaries.
This AI summary has been generated from information found on Charity Navigator.
Is 364 Putnam Avenue Inc legitimate?
364 Putnam Avenue Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. 364 Putnam Avenue 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
Official website here: www.cil.org
What is the mission statement of 364 Putnam Avenue Inc?
364 Putnam Avenue Inc is dedicated to serving qualified elderly persons and individuals with disabilities of very low income. Their mission involves providing them with housing facilities, services, programs, and environments that cater to their physical, social, and psychological needs, specifically designed to meet these individuals' unique requirements. By doing so, the organization aims to improve their overall quality of life.
Official website here: www.cil.org
Who is the CEO of 364 Putnam Avenue Inc?
Maria Green is the President/Ceo of 364 Putnam Avenue Inc. The CEO's salary of 364 Putnam Avenue Inc is $0 and their total compensation is $311,670.
Official website here: www.cil.org
What is the revenue of 364 Putnam Avenue Inc?
364 Putnam Avenue Inc's revenue in 2023 was $149,894.
Official website here: www.cil.org
Who are the executives of 364 Putnam Avenue Inc and what are their salaries?
Here are 12 key members and their salaries (364 Putnam Avenue Inc's CEO's salary is $0 and their total compensation is $311,670):
- Compensation: $0
- Related: $260,869
- Other: $50,801
- Compensation: $0
- Related: $209,039
- Other: $33,958
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $82,040
- Other: $17,673
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.cil.org
Where can I find the form 990 for 364 Putnam Avenue Inc?
364 Putnam Avenue Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.cil.org
Learn more at the official website: www.cil.org
Mission Statement of 364 Putnam Avenue Inc
364 Putnam Avenue Inc is dedicated to providing housing facilities and services, programs, and environments tailored to meet the physical, social, and psychological needs of qualified elderly and handicapped individuals of very low income. This nonprofit organization strives to create an environment that caters specifically to these individuals, ensuring they receive the care and support they require. With ten units of residential housing located in Hamden, Connecticut, 364 Putnam Avenue Inc is committed to making a positive impact in the lives of those who require specialized assistance.
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Impact
October, 2024
364 Putnam Avenue Inc plays a critical role in the community by providing essential housing and support services to very low-income elderly and handicapped individuals. Located in Hamden, Connecticut, the organization operates ten units of residential housing specifically tailored to meet the unique physical, social, and psychological needs of its residents.
By offering safe and accessible living environments, 364 Putnam Avenue addresses the growing demand for affordable housing among vulnerable populations. The organization not only provides a roof over their heads but also fosters a supportive community that enhances the quality of life for its residents. Through tailored programs and services, it promotes independence, well-being, and social connection, significantly impacting the lives of those it serves.
This focused approach helps alleviate some of the challenges faced by elderly and handicapped individuals, such as isolation and limited access to resources. In doing so, 364 Putnam Avenue Inc contributes to a more inclusive and supportive community, allowing residents to live with dignity and respect as they age.
This information is meant to be a general summary of 364 Putnam Avenue 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 2023.
- Investment Income: $324
- Program Service Revenue: $149,527
- Gross Receipts: $149,894
Assets and Liabilities:
- Total Assets: $681,568
- Total Liabilities: $138,474
- Net Assets: $543,094
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$149,527
Organization Details
Founding Year
1899
Phone
(860) 563-6011Principal Officer
Maria Green
Main Address
57 CHARTER OAK AVE SUITE A, HARTFORD, CT, 06106
Website
www.cil.orgNTEE Category
Code: L21 - Housing
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