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Hoc Realty Inc

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

EIN: 472570391 ✦ New haven, CT ✦ Designated as a 501(c)(3)

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Overview

What is Hoc Realty Inc?

Hoc Realty Inc is a dedicated, nonprofit real estate company situated in New Haven, Connecticut. Their mission is to offer exceptional customer service to first-time and repeat homebuyers, sellers, leasees, and lessors, particularly those in underserved markets within Connecticut. The organization is committed to placing principles over profits, ensuring the best match between buyers and sellers or leasees and lessors. They strive to make the home buying/selling/leasing process seamless by collaborating with other nonprofit organizations and providing related services such as homebuyer education, counseling, lending, and development. Their ultimate goal is to create a more prepared and default-resistant consumer in the homeownership process.


Official website here: www.nhsofnewhaven.org

Is Hoc Realty Inc legitimate?

Hoc Realty Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hoc Realty 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: $24,581

For more financial information, click here


Official website here: www.nhsofnewhaven.org

What is the mission statement of Hoc Realty Inc?

Hoc Realty Inc is a full-service, nonprofit real estate company committed to providing exceptional customer-centric service to first-time and repeat homebuyers, sellers, lessees, and lessors. The company particularly aims to serve customers who are underserved due to their income or the underdeveloped markets they operate in within Connecticut. Hoc Realty Inc strives to guide customers throughout the entire home buying/selling/leasing process, offering a one-stop shopping experience by collaborating with other nonprofit organizations and utilizing related services such as homebuyer education, counseling, lending, and development. The company is dedicated to promoting principles over profits, ensuring the successful matching of buyers and sellers, regardless of whether they represent buyers or sellers, or facilitate leasing transactions.


Official website here: www.nhsofnewhaven.org

Who is the CEO of Hoc Realty Inc?

James A Paley Phd is the Board Member of Hoc Realty Inc.


Official website here: www.nhsofnewhaven.org

What is the revenue of Hoc Realty Inc?

Hoc Realty Inc's revenue in 2022 was $117,141.


Official website here: www.nhsofnewhaven.org

Who are the executives of Hoc Realty Inc and what are their salaries?


Here are 7 key members and their salaries:


Stephen Cremin-Endes (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carol Heller (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sarah Mcqueen (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
James A Paley Phd (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leslie Radcliffe (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bridgette P Russell (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Virginia Stevenson (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.nhsofnewhaven.org

Where can I find the form 990 for Hoc Realty Inc?

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


Official website here: www.nhsofnewhaven.org

Learn more at the official website: www.nhsofnewhaven.org

Mission Statement of Hoc Realty Inc

Hoc Realty Inc, as a full-service, nonprofit real estate company, is dedicated to providing exceptional customer-centric service to first-time and repeat homebuyers, sellers, leasees, and lessors of real estate. The organization has a particular focus on serving customers who may be underserved due to their income or due to transacting business in underserved markets within Connecticut. Hoc Realty Inc aims to guide customers through the entire home buying/selling/leasing process, providing a one-stop shopping experience by collaborating with other not-for-profit companies and leveraging related services such as homebuyer education, counseling, lending, and development. The company is committed to fostering a smarter, more prepared, and default-resistant consumer in the homeownership process. Regardless of whether Hoc Realty Inc is representing buyers or sellers, or facilitating leasing transactions, it operates with principles over profits, ensuring that buyers and sellers are matched effectively.

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Impact




October, 2024

Hoc Realty Inc has significantly impacted the real estate landscape in Connecticut, particularly in underserved markets. By providing comprehensive, customer-centric services to both first-time and repeat homebuyers, sellers, leasees, and lessors, it addresses the unique challenges faced by individuals with lower incomes or those navigating less conventional real estate transactions.

The organization enhances the home buying, selling, and leasing process by offering a complete "one-stop shopping experience," which includes homebuyer education, counseling, lending, and development services. This holistic approach not only simplifies transactions but also equips clients with the necessary knowledge and resources, creating more informed and resilient consumers.

Central to Hoc Realty Inc’s mission is its commitment to principles over profits. This ethos drives the organization to prioritize affordability, sustainability, and community stabilization, thereby promoting the development of stable, thriving neighborhoods. By actively working to match buyers and sellers in a way that emphasizes ethical practices and community well-being, Hoc Realty Inc plays a crucial role in improving housing accessibility and fostering economic empowerment among residents in New Haven and surrounding areas.




This information is meant to be a general summary of Hoc Realty 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
$117,141 (2022)
Expenses
$114,983 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $117,141

Assets and Liabilities:

  • Total Assets: $91,508
  • Total Liabilities: $5,066
  • Net Assets: $86,442

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Organization Details

Founding Year

2014

Principal Officer

James A Paley Phd

Main Address

333 SHERMAN AVENUE, NEW HAVEN, CT, 06518

NTEE Category

Code: S20 - Community improvement

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