Overview
What is Elderly Housing Development Corp Of Old Saybrook?
Elderly Housing Development Corp of Old Saybrook is a nonprofit organization situated in Old Saybrook, Connecticut, with an address at 55 Sheffield Street, ZIP code 06475. Their primary mission is to provide affordable housing for the elderly and handicapped, as evidenced by their project, Saye Brooke Village West. This housing project, managed and operated by the corporation, comprises 14 units specifically designed to cater to this demographic. The corporation's work is dedicated to ensuring that elderly and handicapped individuals have access to suitable living accommodations.
Is Elderly Housing Development Corp Of Old Saybrook legitimate?
Elderly Housing Development Corp Of Old Saybrook is a legitimate nonprofit organization registered as a 501(c)(3) entity. Elderly Housing Development Corp Of Old Saybrook 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: $37,981
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What is the mission statement of Elderly Housing Development Corp Of Old Saybrook?
The Elderly Housing Development Corp of Old Saybrook is dedicated to providing low-income housing for the elderly and handicapped. They own and operate a 14-unit housing project to cater to this specific demographic, ensuring they have a suitable living environment. This corporation's mission aligns with the necessity of offering affordable housing options for individuals who may face challenges in securing such accommodations independently. The Saye Brooke Village, with its 14 units, is a testament to this mission, providing a residential solution for the elderly and handicapped in need.
Who is the CEO of Elderly Housing Development Corp Of Old Saybrook?
Lauren Blaha is the Treasurer of Elderly Housing Development Corp Of Old Saybrook.
What is the revenue of Elderly Housing Development Corp Of Old Saybrook?
Elderly Housing Development Corp Of Old Saybrook's revenue in 2023 was $337,676.
Who are the executives of Elderly Housing Development Corp Of Old Saybrook and what are their salaries?
Here are 8 key members and their salaries:
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Where can I find the form 990 for Elderly Housing Development Corp Of Old Saybrook?
Elderly Housing Development Corp Of Old Saybrook's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Elderly Housing Development Corp Of Old Saybrook
Elderly Housing Development Corp of Old Saybrook is dedicated to providing affordable housing for the elderly and individuals with disabilities. Their mission is centered around operating a 14-unit housing project specifically designed for this population, ensuring they have a safe and comfortable living environment. The corporation's primary activity is the provision of low-income housing, catering to the unique needs of the elderly and handicapped residents. This housing project, known as Saye Brooke Village, serves as a vital resource, offering a home where these individuals can live with dignity and independence.
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Impact
October, 2024
Elderly Housing Development Corp Of Old Saybrook significantly enhances the quality of life for seniors and individuals with disabilities by providing affordable housing options. Through the operation of Say Brooke Village, a 14-unit housing project located in Old Saybrook, Connecticut, it addresses the critical need for low-income housing specifically designed for the elderly and handicapped.
This initiative not only offers a safe and supportive living environment for residents but also fosters a sense of community among its inhabitants. By focusing on accessibility and affordability, Elderly Housing Development Corp ensures that vulnerable populations have a place they can call home, promoting independence and dignity in their daily lives. The presence of such housing projects helps to alleviate the challenges faced by low-income seniors, thereby contributing positively to the overall wellbeing of the community.
This information is meant to be a general summary of Elderly Housing Development Corp Of Old Saybrook. 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 2023.
- Investment Income: $4,276
- Program Service Revenue: $333,400
- Gross Receipts: $337,676
Assets and Liabilities:
- Total Assets: $3,967,885
- Total Liabilities: $3,807,364
- Net Assets: $160,521
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$333,400
Organization Details
Founding Year
1982
Phone
(860) 388-5915Principal Officer
Lauren Blaha
Main Address
55 SHEFFIELD STREET, OLD SAYBROOK, CT, 06475
NTEE Category
Code: L20Z - Housing
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