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Shoreline Affordable Housing Inc

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

EIN: 223214968 ✦ East lyme, CT ✦ Designated as a 501(c)(3)

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Overview

What is Shoreline Affordable Housing Inc?

Shoreline Affordable Housing Inc, situated in East Lyme, Connecticut, is a dedicated nonprofit organization that focuses on senior housing. Its primary objective is to provide affordable living accommodations for low-income elderly individuals. By offering housing solutions, the organization aims to support this vulnerable population, ensuring they can maintain a dignified living standard in their later years. The organization's mission is a testament to its commitment to fostering a sense of community and security among the elderly population, providing them with a nurturing environment during their retirement years.

Is Shoreline Affordable Housing Inc legitimate?

Shoreline Affordable Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Shoreline 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Shoreline Affordable Housing Inc?

Shoreline Affordable Housing Inc is dedicated to providing housing solutions for elderly individuals with limited income. This non-profit organization's mission is centered around offering suitable living accommodations to this specific demographic, aiming to enhance their quality of life. By offering affordable housing, Shoreline Affordable Housing Inc seeks to alleviate the financial burden often associated with senior living, enabling elderly individuals to focus on their well-being and daily activities. The organization's work is significant in ensuring that elderly persons, regardless of their financial circumstances, have access to secure and comfortable living spaces.

Who is the CEO of Shoreline Affordable Housing Inc?

Kim J Kaiser is the President of Shoreline Affordable Housing Inc.

What is the revenue of Shoreline Affordable Housing Inc?

Shoreline Affordable Housing Inc's revenue in 2023 was -$151,019.

Who are the executives of Shoreline Affordable Housing Inc and what are their salaries?

There 3 volunteers at Shoreline Affordable Housing Inc.


Here are 3 key members and their salaries:


Kim J Kaiser (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Lacasse (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
James E Lewis (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Shoreline Affordable Housing Inc?

Shoreline Affordable Housing Inc's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Shoreline Affordable Housing Inc

Shoreline Affordable Housing Inc, as a retirement home or senior housing program, is dedicated to serving the needs of low-income elderly individuals. Their mission is centered around providing housing, which is a fundamental necessity for these individuals. By offering housing, Shoreline Affordable Housing Inc aims to help the elderly population in managing their living situations, thereby alleviating some of the financial burden they may face. This mission is crucial in ensuring that the elderly, who may be on limited incomes, have access to adequate housing, thereby promoting their overall well-being.

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Impact




October, 2024

Shoreline Affordable Housing Inc significantly improves the lives of low-income elderly individuals in East Lyme, CT, by providing access to quality housing tailored to their needs. This initiative addresses a critical gap in the housing market, ensuring that vulnerable seniors have a safe and stable environment to live in during their retirement years.

By offering affordable housing options, Shoreline Affordable Housing Inc helps alleviate the financial burden on elderly individuals, allowing them to maintain their independence while enjoying a supportive community. This effort not only enhances their quality of life but also contributes to the overall well-being of the community by fostering inclusivity and providing essential services that empower seniors to thrive.




This information is meant to be a general summary of Shoreline 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.

Revenue
-$151,019 (2023)
Expenses
$0 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $121
  • Gross Receipts: $274,343

Assets and Liabilities:

  • Total Assets: $3,976,217
  • Total Liabilities: $11,563
  • Net Assets: $3,964,654

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Organization Details

Founding Year

1993

Principal Officer

Kim J Kaiser

Main Address

183 BOSTON POST ROAD, EAST LYME, CT, 06333

NTEE Category

Code: L220 - Housing

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