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The Connection Fund - Liberty Inc

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

EIN: 061436605 ✦ Middletown, CT ✦ Designated as a 501(c)(3)

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Overview

What is The Connection Fund - Liberty Inc?

The Connection Fund - Liberty Inc is a nonprofit organization based in Middletown, Connecticut, specifically located at 100 Roscommon Drive Suite 203. Their primary mission involves acquiring, owning, financing, and operating a property known as Liberty Commons, located at 601 Main Street, Middletown, Connecticut. This property is designed to provide housing and services tailored to meet the physical, social, and psychological needs of elderly, handicapped, and disabled individuals. The organization's goal is to promote their health, happiness, and usefulness in longer living.

Is The Connection Fund - Liberty Inc legitimate?

The Connection Fund - Liberty Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Connection Fund - Liberty 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: $80,116

For more financial information, click here

What is the mission statement of The Connection Fund - Liberty Inc?

The mission of The Connection Fund - Liberty Inc, as outlined in their activities, is centered around acquiring, owning, financing, and operating a property to provide housing and services for elderly, handicapped, and disabled individuals. This facility is specifically designed to cater to their physical, social, and psychological needs, with the aim of promoting their health, happiness, and overall usefulness in prolonging their lives. The organization's goal is to enhance their quality of living, ensuring they lead fulfilling lives despite their unique challenges.

Who is the CEO of The Connection Fund - Liberty Inc?

Stephen Abshire is the Ceo of The Connection Fund - Liberty Inc. The CEO's salary of The Connection Fund - Liberty Inc is $0 and their total compensation is $318,816.

What is the revenue of The Connection Fund - Liberty Inc?

The Connection Fund - Liberty Inc's revenue in 2022 was $428,428.

Who are the executives of The Connection Fund - Liberty Inc and what are their salaries?


Here are 3 key members and their salaries (The Connection Fund - Liberty Inc's CEO's salary is $0 and their total compensation is $318,816):


Lisa Dematteis-Lepore (Ceo)
  • Compensation: $0
  • Related: $312,316
  • Other: $6,500
Beth Hogan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Beth Connor (Director)
  • Compensation: $0
  • Related: $186,800
  • Other: $7,800
Where can I find the form 990 for The Connection Fund - Liberty Inc?

The Connection Fund - Liberty Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of The Connection Fund - Liberty Inc

The Connection Fund - Liberty Inc, as an organization, is committed to acquiring, owning, financing, mortgaging, leasing, and operating a specific property. Located at 601 Main Street, this property is known as Liberty Commons in Middletown, Connecticut. The primary purpose of this organization is to provide housing facilities and services tailored to meet the physical, social, and psychological needs of elderly, handicapped, and disabled individuals. These facilities are designed to promote their health, happiness, and usefulness, thereby enabling them to live longer with dignity and independence. The mission of The Connection Fund - Liberty Inc is centered around enhancing the quality of life for these individuals, ensuring they have a supportive and nurturing environment that caters to their unique needs.

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Impact




October, 2024

The Connection Fund - Liberty Inc significantly enhances the quality of life for elderly, handicapped, and disabled individuals in Middletown, Connecticut, through its housing facilities and supportive services. Located at Liberty Commons, the organization focuses on creating a nurturing environment that addresses the physical, social, and psychological needs of its residents.

By acquiring and operating this improved real property, the Fund not only provides a safe and accessible living space but also fosters a sense of community and belonging among its residents. The services offered are tailored to promote health, happiness, and overall well-being, allowing individuals to live longer, more fulfilling lives. The commitment to meeting these specific needs helps combat isolation and enhances the usefulness of residents in their daily lives.

Ultimately, The Connection Fund - Liberty Inc's impact resonates beyond just housing; it cultivates a supportive ecosystem that empowers residents, preserves their dignity, and helps them lead enriched lives within their community.




This information is meant to be a general summary of The Connection Fund - Liberty 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
$428,428 (2022)
Expenses
$608,595 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $5,485
  • Program Service Revenue: $418,319
  • Gross Receipts: $428,428

Assets and Liabilities:

  • Total Assets: $5,873,914
  • Total Liabilities: $3,564,859
  • Net Assets: $2,309,055

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Programs

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

RENTAL INCOME

Revenue

$418,319

Organization Details

Founding Year

1996

Principal Officer

Stephen Abshire

Main Address

100 ROSCOMMON DRIVE SUITE 203, MIDDLETOWN, CT, 06457

NTEE Category

Code: P80 - Human services

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