Safe Harbor Inc

Safe Harbor

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

EIN: 222579445 ✦ Rocky hill, CT ✦ Designated as a 501(c)(3)

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Overview

What is Safe Harbor Inc?

Safe Harbor Inc, with its headquarters located at 2080 Silas Deane Highway, Rocky Hill, Connecticut 06067, is a dedicated nonprofit organization. Its primary mission involves owning and managing 24 units of low-income, elderly housing. This housing is supported by Rural Development subsidies, ensuring that it remains affordable for the elderly population. The corporation's commitment extends to providing housing solutions, contributing positively to the community and addressing the needs of its elderly residents.

Is Safe Harbor Inc legitimate?

Safe Harbor Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Safe Harbor 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 Safe Harbor Inc?

Safe Harbor Inc, as a corporation, is dedicated to providing affordable housing for the elderly with limited income. This commitment is backed by rural development subsidies, enabling the operation of 24 such units. The organization's primary activity revolves around the rental of these units, ensuring that elderly individuals in need have a place to call home. While the mission statement is not explicitly stated, it can be inferred that Safe Harbor Inc aims to contribute positively to the lives of elderly individuals by providing them with a secure and affordable living environment.

Who is the CEO of Safe Harbor Inc?

Teri Gavigan is the Secretary of Safe Harbor Inc.

What is the revenue of Safe Harbor Inc?

Safe Harbor Inc's revenue in 2022 was $308,413.

Who are the executives of Safe Harbor Inc and what are their salaries?

There 6 volunteers at Safe Harbor Inc.


Here are 6 key members and their salaries:


Joan Angelini (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christopher Ehlert (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Teri Gavigan (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wayne Henry (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patricia House (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lester Scott (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Safe Harbor Inc?

Safe Harbor Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Safe Harbor Inc

Safe Harbor Inc, a nonprofit organization, is dedicated to providing affordable housing for the elderly with limited income. The corporation owns and operates 24 units of residential properties, which are subsidized by Rural Development. This mission of Safe Harbor Inc is centered around ensuring that elderly individuals have access to safe and comfortable living spaces, thereby addressing their housing needs effectively.

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Impact




October, 2024

Safe Harbor Inc significantly impacts the community of Rocky Hill, CT, by providing essential housing for low-income elderly individuals. By operating and managing 24 units specifically designed for this demographic, Safe Harbor Inc ensures that seniors have access to affordable living options. This initiative not only helps to alleviate housing insecurity among the elderly but also fosters a sense of community and belonging. With the support from Rural Development, the organization is committed to enhancing the quality of life for its residents, enabling them to live with dignity and independence in a safe environment. Through its focused mission, Safe Harbor Inc plays a vital role in addressing the housing needs of one of society's most vulnerable populations.




This information is meant to be a general summary of Safe Harbor 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
$308,413 (2022)
Expenses
$299,849 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $10,859
  • Program Service Revenue: $219,414
  • Gross Receipts: $387,129

Assets and Liabilities:

  • Total Assets: $1,018,970
  • Total Liabilities: $878,531
  • Net Assets: $140,439

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Programs

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

NET RENTAL INCOME

Revenue

$208,552

LAUNDRY AND OTHER MISC INCOME

Revenue

$10,862

Organization Details

Founding Year

1984

Principal Officer

Teri Gavigan

Main Address

2080 SILAS DEANE HIGHWAY, ROCKY HILL, CT, 06067

NTEE Category

Code: L22 - Housing

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