Overview
What is Southbury Elderly Housing Inc?
Southbury Elderly Housing Inc is a nonprofit organization that is dedicated to providing affordable living solutions for the elderly. Located in the United States, they own and manage 48 units of low-income Elderly Housing, which are subsidized by the Rural Development division of the U.S. Department of Agriculture. This subsidy allows them to offer these housing units at reduced rates, making it more accessible for elderly individuals with limited income. The corporation's mission is to provide rental accommodation for this demographic, ensuring they can live in a safe and comfortable environment.
Is Southbury Elderly Housing Inc legitimate?
Southbury Elderly Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Southbury Elderly 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:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $69,904
For more financial information, click here
What is the mission statement of Southbury Elderly Housing Inc?
Southbury Elderly Housing Inc, as an organization, is dedicated to providing and managing 48 units of affordable housing for the elderly. This housing is made possible through subsidies from the U.S. Department of Agriculture's Rural Development division. The corporation's primary activity revolves around the rental of these low-income elderly housing units, ensuring that elderly individuals have access to safe and affordable living spaces.
Who is the CEO of Southbury Elderly Housing Inc?
Fredrick Mcgee is the Director of Southbury Elderly Housing Inc.
What is the revenue of Southbury Elderly Housing Inc?
Southbury Elderly Housing Inc's revenue in 2022 was $403,319.
Who are the executives of Southbury Elderly Housing Inc and what are their salaries?
Here are 9 key members and their salaries:
- 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
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Southbury Elderly Housing Inc?
Southbury Elderly Housing Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Southbury Elderly Housing Inc
Southbury Elderly Housing Inc is dedicated to providing affordable housing solutions for the elderly community. This nonprofit organization operates 48 units of low-income housing, which are subsidized by the Rural Development division of the U.S. Department of Agriculture. The primary focus of Southbury Elderly Housing Inc is to offer rental accommodations for the elderly population, ensuring they have access to safe and comfortable living spaces. By leveraging financial support from the Rural Development division, Southbury Elderly Housing Inc is able to keep these units affordable, making them accessible to a wider range of elderly individuals who may be struggling financially. In this way, the organization plays a crucial role in supporting the well-being and housing stability of the elderly community.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Southbury Elderly Housing Inc has a significant impact on the community by providing affordable housing options for low-income elderly individuals. With 48 dedicated housing units, the organization addresses a critical need for safe, accessible, and affordable living spaces for seniors, ensuring that they have a place to call home.
By operating these units with subsidies from the U.S. Department of Agriculture's Rural Development, Southbury Elderly Housing Inc effectively reduces the financial burden on low-income residents, allowing them to allocate their limited resources towards other essential needs such as healthcare and daily living expenses. This initiative not only enhances the quality of life for seniors but also fosters a sense of community among residents, encouraging social interactions and support networks among neighbors.
Overall, the organization's efforts contribute to the stability and well-being of the elderly population in North Haven, CT, promoting dignity and independence for those who may otherwise struggle to find suitable housing.
This information is meant to be a general summary of Southbury Elderly 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: $651
- Program Service Revenue: $398,192
- Gross Receipts: $403,319
Assets and Liabilities:
- Total Assets: $2,769,158
- Total Liabilities: $3,632,818
- Net Assets: -$863,660
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME-ELDERLY HOUSING
Revenue
$368,070
SUBSIDY CREDIT FROM THE GOVT
Revenue
$28,730
OTHER TENANT CHARGES
Revenue
$1,392
Organization Details
Founding Year
1983
Phone
(203) 230-4809Principal Officer
Fredrick Mcgee
Main Address
EHM 127 WASHINGTON AVE 5TH FL EAST, NORTH HAVEN, CT, 064731715
NTEE Category
Code: L22 - Housing
If you are a representative of Southbury Elderly Housing Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.