Overview
What is Tolland Senior Housing Inc?
Tolland Senior Housing Inc, located in Tolland, Connecticut, is a nonprofit organization committed to providing affordable and subsidized housing for the elderly. Through its mission, the organization offers 32 residential units as part of its low-income housing program. Winding River, as the entity behind Tolland Senior Housing Inc, aims to support the elderly community in need of housing, thereby enhancing their quality of life.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 87%, Three-Star out of Four Star rating.
Tolland Senior Housing Inc has achieved a commendable score of 87%, reflecting strong accountability and finance practices according to Charity Navigator. The charity's score is entirely based on a single beacon focused on these aspects, indicating a solid commitment to transparency and responsible management. Notably, the organization boasts a fully independent board, with 100% of its members being independent, which is a positive indicator of governance.
In terms of financial management, Tolland Senior Housing Inc demonstrates an impressive program expense ratio of 84.80%, meaning a significant portion of its funds directly supports its mission. The charity has also maintained a low liabilities-to-assets ratio of 2.19%, showcasing its fiscal health and stability. Additionally, the presence of essential policies such as conflict of interest and document retention further supports its accountability.
While the ratings are favorable, there are no specific highlights or areas for improvement mentioned in the data. Overall, Tolland Senior Housing Inc appears to be a reliable organization with a strong foundation in financial health and governance.
This AI summary has been generated from information found on Charity Navigator.
Is Tolland Senior Housing Inc legitimate?
Tolland Senior Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tolland Senior Housing 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:
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Other Salaries and Wages: $85,841
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What is the mission statement of Tolland Senior Housing Inc?
Tolland Senior Housing Inc, through its mission, focuses on providing low-income, subsidized housing for the elderly. This organization operates a program offering 32 units as a part of its commitment to affordable housing for the elderly population. The mission of Tolland Senior Housing Inc is centered around enhancing the living conditions and providing a sense of security for individuals who may have limited financial resources.
Who is the CEO of Tolland Senior Housing Inc?
Rudolph Fiorillo is the Secretary/Treasurer of Tolland Senior Housing Inc.
What is the revenue of Tolland Senior Housing Inc?
Tolland Senior Housing Inc's revenue in 2022 was $468,606.
Who are the executives of Tolland Senior Housing Inc and what are their salaries?
Here are 9 key members and their salaries:
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Where can I find the form 990 for Tolland Senior Housing Inc?
Tolland Senior Housing Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Tolland Senior Housing Inc
Tolland Senior Housing Inc, as an organization, is committed to providing low-income, subsidized housing for the elderly. Through its mission, Winding River, a program under Tolland Senior Housing Inc, offers 32 units as part of its low-income housing program. This initiative aims to ensure that elderly individuals have access to affordable housing options, thereby promoting their well-being and independence. The organization's efforts contribute to creating a supportive living environment for this vulnerable population, enabling them to maintain a dignified and comfortable lifestyle.
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Impact
July, 2024
Tolland Senior Housing Inc, operating as Winding River, makes a significant impact by providing low-income, subsidized elderly housing through its mission. The organization offers 32 units as part of its low-income housing program in Tolland, Connecticut. This directly addresses the pressing need for affordable housing for elderly individuals with limited financial resources in the community. By providing these housing options, Tolland Senior Housing Inc contributes to enhancing the quality of life and well-being of elderly residents, ensuring they have a safe and affordable place to call home. This impact helps promote a sense of security, stability, and dignity for the elderly population in Tolland.
This information is meant to be a general summary of Tolland Senior Housing 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 2022.
- Investment Income: $106
- Program Service Revenue: $468,500
- Gross Receipts: $468,606
Assets and Liabilities:
- Total Assets: $2,283,146
- Total Liabilities: $50,222
- Net Assets: $2,232,924
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$468,500
Organization Details
Founding Year
1999
Phone
(860) 870-1479Principal Officer
Rudolph Fiorillo
Main Address
1127 TOLLAND STAGE ROAD, TOLLAND, CT, 060843138
NTEE Category
Code: L22 - Housing
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