Overview
What is The Saugatuck Cooperative Inc C/O The Property Group Of Ct?
The Saugatuck Cooperative Inc C/O The Property Group Of Ct is a nonprofit organization situated in Stamford, Connecticut. Their primary focus is on providing affordable housing on a homeowner basis for the low-income and needy elderly community. Specifically, they manage a cooperative housing facility with 36 units, catering to this specific demographic. The organization, with a small workforce of one employee, is dedicated to ensuring that elderly individuals in need have access to secure and affordable housing.
Is The Saugatuck Cooperative Inc C/O The Property Group Of Ct legitimate?
The Saugatuck Cooperative Inc C/O The Property Group Of Ct is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Saugatuck Cooperative Inc C/O The Property Group Of Ct 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: $32,195
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What is the mission statement of The Saugatuck Cooperative Inc C/O The Property Group Of Ct?
The organization, identified as The Saugatuck Cooperative Inc C/O The Property Group Of Ct, has a mission to provide affordable housing on a homeowner basis for the low-income and needy elderly. This is achieved through the maintenance and operation of a 36-unit cooperative, specifically designed for low-income elderly housing. The main objective of this organization is to offer a viable living solution for those who may otherwise struggle with the high costs associated with housing. By providing affordable housing, the organization aims to contribute positively to the well-being and livelihood of its residents.
Who is the CEO of The Saugatuck Cooperative Inc C/O The Property Group Of Ct?
Barbara Recker is the President of The Saugatuck Cooperative Inc C/O The Property Group Of Ct.
What is the revenue of The Saugatuck Cooperative Inc C/O The Property Group Of Ct?
The Saugatuck Cooperative Inc C/O The Property Group Of Ct's revenue in 2022 was $301,229.
Who are the executives of The Saugatuck Cooperative Inc C/O The Property Group Of Ct and what are their salaries?
The average compensation at The Saugatuck Cooperative Inc C/O The Property Group Of Ct during 2022 was $32,195. There is 1 employee and 7 volunteers at The Saugatuck Cooperative Inc C/O The Property Group Of Ct.
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Where can I find the form 990 for The Saugatuck Cooperative Inc C/O The Property Group Of Ct?
The Saugatuck Cooperative Inc C/O The Property Group Of Ct's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of The Saugatuck Cooperative Inc C/O The Property Group Of Ct
The Saugatuck Cooperative Inc, under the umbrella of The Property Group Of Ct, is dedicated to providing an essential service for the community. Its mission is centered around offering affordable housing on a homeowner basis, specifically catering to the needs of the low-income elderly population. This nonprofit organization operates a 36-unit cooperative facility, providing a secure and affordable living space for this vulnerable group. By maintaining and operating this housing facility, The Saugatuck Cooperative Inc is making a significant contribution to ensuring that the elderly in need have a place to call home.
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Impact
October, 2024
The Saugatuck Cooperative Inc C/O The Property Group Of CT plays a crucial role in addressing housing needs for low-income and elderly individuals in Stamford, CT. By maintaining and operating a 36-unit cooperative housing facility, it offers a sustainable solution for affordable homeownership. This initiative not only provides stable housing but also fosters a sense of community among residents, supporting their well-being and independence. By focusing on those in need, the cooperative contributes to reducing homelessness and improving the overall quality of life for elderly citizens, helping them to live with dignity while ensuring that they have access to essential resources and support networks.
This information is meant to be a general summary of The Saugatuck Cooperative Inc C/O The Property Group Of Ct. 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: $630
- Program Service Revenue: $300,599
- Gross Receipts: $301,229
Assets and Liabilities:
- Total Assets: $3,031,099
- Total Liabilities: $11,052
- Net Assets: $3,020,047
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ASSOCIATION FEES
Revenue
$287,704
OWNER FEES
Revenue
$12,435
OTHER TENANT FEES
Revenue
$460
Organization Details
Founding Year
1996
Phone
(203) 226-1570Principal Officer
Barbara Recker
Main Address
25 CRESCENT STREET, STAMFORD, CT, 06906
NTEE Category
Code: L22 - Housing
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