Overview
What is New Milford Affordable Housing Inc?
New Milford Affordable Housing Inc is a nonprofit organization situated in New Milford, Connecticut, specifically at 7 Thomas Lane-Office. Their primary mission is to offer affordable housing solutions to the local community. With a modest workforce of one dedicated individual, they strive to provide supportive and affordable housing options to those in need within the Greater New Milford area. Their activities are centered around making housing accessible and affordable for the local residents.
Is New Milford Affordable Housing Inc legitimate?
New Milford Affordable Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. New Milford Affordable 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: $64,705
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of New Milford Affordable Housing Inc?
New Milford Affordable Housing Inc's mission is centered around providing supportive and affordable housing to those in need within the greater New Milford area. The organization's primary goal is to make housing accessible for local residents who may struggle financially. They strive to enhance the living conditions of these individuals, contributing to a more equitable community. Their activities focus on identifying housing solutions and ensuring they are within reach for those who require them most.
Who is the CEO of New Milford Affordable Housing Inc?
Theresa Mcspedon is the Secretary of New Milford Affordable Housing Inc.
What is the revenue of New Milford Affordable Housing Inc?
New Milford Affordable Housing Inc's revenue in 2023 was $350,056.
Who are the executives of New Milford Affordable Housing Inc and what are their salaries?
The average compensation at New Milford Affordable Housing Inc during 2023 was $64,705. There is 1 employee at New Milford Affordable Housing Inc.
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $64,705
- Related: $0
- Other: $0
Where can I find the form 990 for New Milford Affordable Housing Inc?
New Milford Affordable Housing Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of New Milford Affordable Housing Inc
New Milford Affordable Housing Inc, as a mission-driven organization, is committed to providing supportive and affordable housing to those residents in the greater New Milford area who are most in need. This nonprofit believes in the importance of ensuring everyone has a roof over their head, regardless of their financial situation. It strives to make a significant impact by offering affordable housing options, thereby contributing to a more inclusive and equitable community. By providing affordable housing, New Milford Affordable Housing Inc is not just offering a place to live; it is offering a foundation for individuals and families to build a stable and secure future.
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Impact
October, 2024
New Milford Affordable Housing Inc has a significant impact on the community by addressing the pressing need for affordable housing in the greater New Milford area. Through its mission, the organization provides supportive and affordable housing options to residents who are most in need, ensuring that individuals and families have access to safe and stable living conditions. This initiative not only contributes to the reduction of homelessness and housing insecurity but also fosters community stability and growth by enabling residents to thrive. By focusing on affordable housing, New Milford Affordable Housing Inc plays a crucial role in creating inclusive neighborhoods, improving the quality of life for many, and supporting the overall health and welfare of the community.
This information is meant to be a general summary of New Milford Affordable 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 2023.
- Investment Income: $90,979
- Program Service Revenue: $194,311
- Gross Receipts: $350,056
Assets and Liabilities:
- Total Assets: $5,396,064
- Total Liabilities: $3,068,002
- Net Assets: $2,328,062
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$194,311
Organization Details
Founding Year
1990
Phone
(860) 210-6037Principal Officer
Theresa Mcspedon
Main Address
7 THOMAS LANE-OFFICE, NEW MILFORD, CT, 06776
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