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Cornwall Elderly Housing Corporation

Bonney Brook

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

EIN: 273932792 ✦ Cornwall, CT ✦ Designated as a 501(c)(3)

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Overview

What is Cornwall Elderly Housing Corporation?

Cornwall Elderly Housing Corporation is a nonprofit organization situated in Cornwall, Connecticut. Their primary mission is to offer affordable housing for elderly individuals, operating through a 10-unit program. Functioning as a senior citizens housing and retirement community, the corporation aims to cater to the low-income elderly population, providing them with a secure living environment.

Is Cornwall Elderly Housing Corporation legitimate?

Cornwall Elderly Housing Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cornwall Elderly Housing Corporation 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: $25,496

For more financial information, click here

What is the mission statement of Cornwall Elderly Housing Corporation?

The Cornwall Elderly Housing Corporation's mission is centered around providing low-income housing for the elderly. This is achieved through their 10-unit program, positioning the organization as a senior citizens housing and retirement community. The corporation aims to offer a supportive living environment for the elderly, promoting independence and community living. The focus is on ensuring affordable housing for this demographic, enriching their lives and maintaining their dignity.

Who is the CEO of Cornwall Elderly Housing Corporation?

William Calhoun is the President of Cornwall Elderly Housing Corporation.

What is the revenue of Cornwall Elderly Housing Corporation?

Cornwall Elderly Housing Corporation's revenue in 2022 was $167,890.

Who are the executives of Cornwall Elderly Housing Corporation and what are their salaries?


Here are 4 key members and their salaries:


William Calhoun (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ella Clark (Vp)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patrick Mulberry (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lynn Scoville (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Cornwall Elderly Housing Corporation?

Cornwall Elderly Housing Corporation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Cornwall Elderly Housing Corporation

Cornwall Elderly Housing Corporation, as the name suggests, is committed to providing low-income elderly housing. This mission is accomplished through their 10-unit program, making them a vital senior citizens housing and retirement community organization. By offering this type of housing, the corporation aims to provide a secure and comfortable living environment for the elderly, helping them maintain their independence and dignity in their golden years. The organization's focus on low-income housing ensures that elderly individuals who may otherwise struggle to afford housing can still have access to a safe and suitable living situation.

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Impact




October, 2024

Cornwall Elderly Housing Corporation significantly enhances the quality of life for low-income elderly residents in Cornwall, CT. Through its Bonney Brook program, the organization offers 10 dedicated housing units designed specifically to meet the needs of seniors seeking affordable living options. This initiative addresses the critical need for accessible housing for vulnerable populations, ensuring that elderly individuals have a safe, supportive environment in which to live.

By providing low-income housing, Cornwall Elderly Housing Corporation not only alleviates financial burdens on seniors but also fosters a sense of community and belonging. The senior-focused amenities and services contribute to a retirement lifestyle that promotes independence, dignity, and social engagement. The impact extends beyond the individual residents, positively influencing the broader Cornwall community by creating a more inclusive environment for all ages. Ultimately, the organization plays a vital role in enhancing the well-being of elderly citizens, ensuring they can enjoy their later years without the stress of housing insecurity.




This information is meant to be a general summary of Cornwall Elderly Housing Corporation. 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
$167,890 (2022)
Expenses
$238,240 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $13
  • Program Service Revenue: $167,877
  • Gross Receipts: $167,890

Assets and Liabilities:

  • Total Assets: $2,643,873
  • Total Liabilities: $47,945
  • Net Assets: $2,595,928

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Programs

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

RENTAL INCOME

Revenue

$167,877

Organization Details

Founding Year

2010

Principal Officer

William Calhoun

Main Address

PO BOX 174, CORNWALL, CT, 06753

NTEE Category

Code: L22 - Housing

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