Chelsea Reliance Realty Inc

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

EIN: 061481214 ✦ Norwich, CT ✦ Designated as a 501(c)(2)

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Overview

What is Chelsea Reliance Realty Inc?

Chelsea Reliance Realty Inc serves as a real estate holding corporation for its affiliated 501(c)3 nonprofit organization, Reliance Health Inc. This real estate company primarily supports its nonprofit counterpart by providing rental spaces for its programs and operations. Reliance Health Inc is a nonprofit entity, dedicated to its mission, although the specific details of their mission or activities are not explicitly stated in the provided information.

Is Chelsea Reliance Realty Inc legitimate?

Chelsea Reliance Realty Inc is a legitimate nonprofit organization registered as a 501(c)(2) entity. Chelsea Reliance Realty 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 Chelsea Reliance Realty Inc?

Chelsea Reliance Realty Inc. serves as a holding corporation for its 501(c)3 non-profit affiliate, Reliance Health, Inc. The primary role of Chelsea Reliance Realty Inc. is to provide rental properties for the operations and programs of Reliance Health, Inc., a non-profit organization. While the information provided does not specify the mission statement of Chelsea Reliance Realty Inc. directly, it can be inferred that the company's mission is to support the operations and programs of Reliance Health, Inc., which is dedicated to promoting health and wellness through its non-profit activities. The exact mission statement of Reliance Health, Inc., however, is "HOLDING CORP FOR A 501(C)3 NON PROFIT - RELIANCE HEALTH, INC." as stated in the JSON data.

Who is the CEO of Chelsea Reliance Realty Inc?

Carrie Dyer is the Vice President of Chelsea Reliance Realty Inc. The CEO's salary of Chelsea Reliance Realty Inc is $0 and their total compensation is $167,868.

What is the revenue of Chelsea Reliance Realty Inc?

Chelsea Reliance Realty Inc's revenue in 2022 was $552,083.

Who are the executives of Chelsea Reliance Realty Inc and what are their salaries?

There 15 volunteers at Chelsea Reliance Realty Inc.


Here are 18 key members and their salaries (Chelsea Reliance Realty Inc's CEO's salary is $0 and their total compensation is $167,868):


David Allard (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wilfred Blanchette (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sam Bliven (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Roy Bourque (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Angelo Callis (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Hopkins (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
John F Malone (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Mercier (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alissa Mulliken (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Evangeline Sargent (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Smith (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Linda Smith (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marie Stone (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nicole Sweeney (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ben Turner (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jack Jacobs (Outgoing Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carrie Dyer (Ceo)
  • Compensation: $0
  • Related: $131,748
  • Other: $36,120
Amy O'Day (Cfo)
  • Compensation: $0
  • Related: $94,968
  • Other: $1,104
Where can I find the form 990 for Chelsea Reliance Realty Inc?

Chelsea Reliance Realty Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Chelsea Reliance Realty Inc

Chelsea Reliance Realty Inc serves as a holding corporation for its 501(C)3 non-profit affiliate, Reliance Health, Inc. In this role, Chelsea Reliance Realty Inc provides rental properties for the operations and programs of Reliance Health, Inc. By doing so, the real estate corporation supports the mission of its non-profit affiliate, which remains unspecified in the provided information. However, it can be inferred that Chelsea Reliance Realty Inc contributes to the goals and objectives of Reliance Health, Inc. through its property management services.

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Impact




October, 2024

Chelsea Reliance Realty Inc plays a crucial role in supporting and enhancing community well-being in Norwich, CT. By serving as a real estate holding corporation for Reliance Health, Inc., it facilitates the operational needs of a vital organization dedicated to health services. The rental of program and operation sites ensures that Reliance Health can efficiently deliver its programs, directly impacting public health and community improvement.

Through its efforts, Chelsea Reliance Realty Inc contributes significantly to the availability of resources necessary for various health initiatives, thereby fostering a healthier community environment. The partnership between the real estate holding corporation and its nonprofit affiliate amplifies the reach and effectiveness of health services, underscoring the importance of strategic infrastructure in promoting community welfare and resilience.




This information is meant to be a general summary of Chelsea Reliance Realty 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
$552,083 (2022)
Expenses
$501,587 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $90
  • Program Service Revenue: $545,961
  • Gross Receipts: $552,083

Assets and Liabilities:

  • Total Assets: $3,785,304
  • Total Liabilities: $2,303,211
  • Net Assets: $1,482,093

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Programs

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

RENTAL INCOME

Revenue

$545,961

Organization Details

Founding Year

1977

Principal Officer

Carrie Dyer

Main Address

40 BROADWAY, NORWICH, CT, 06360

NTEE Category

Code: S47 - Community improvement

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