nonprofit logo

Savin Rock Communities Inc

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

EIN: 473073109 ✦ West haven, CT ✦ Designated as a 501(c)(3)

Overview

What is Savin Rock Communities Inc?

Savin Rock Communities Inc, located in West Haven, Connecticut, serves as a general partner in the Meadow Landing Partnership and offers management services to this partnership. The organization's primary mission is to provide safe, clean, and suitable living accommodations to individuals of low, moderate, and middle income in the state of Connecticut. They achieve this goal through various means, including ownership, construction, development, renovation, improvement, sponsorship, financing, refinancing, management, leasing, and operation of specific real estate properties. The organization's activities and mission are centered around enhancing living conditions and accommodations for individuals with moderate income levels in Connecticut.


Is Savin Rock Communities Inc legitimate?

Savin Rock Communities Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Savin Rock Communities 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.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $523,938

For more financial information, click here


What is the mission statement of Savin Rock Communities Inc?
Who is the CEO of Savin Rock Communities Inc?
What is the revenue of Savin Rock Communities Inc?
Who are the executives of Savin Rock Communities Inc and what are their salaries?
Where can I find the form 990 for Savin Rock Communities Inc?

Mission Statement of Savin Rock Communities Inc

Savin Rock Communities Inc, as a mission-driven organization, is committed to providing safe, sanitary, and suitable living accommodations for individuals of low, moderate, and middle income in the state of Connecticut. They accomplish this through various means, including the ownership, construction, development, renovation, improvement, sponsorship, financing, refinancing, management, leasing, and operation of certain pieces or parcels of real property. In essence, Savin Rock Communities Inc seeks to enhance the living conditions of a significant portion of the population, contributing to a more equitable and comfortable living environment.

The organization's mission is multifaceted and encompasses a range of activities. It starts with acquiring suitable properties and transforming them into habitable spaces. This could involve constructing new buildings, renovating existing ones, or even developing new communities from the ground up. Savin Rock Communities Inc also provides financing and refinancing services, making it easier for individuals to secure housing. In addition to these tangible contributions, the organization offers management services, ensuring that the properties they oversee remain well-maintained and functional. Overall, Savin Rock Communities Inc is dedicated to improving the living standards of individuals in Connecticut by providing them with quality housing options.

Impact

This information is meant to be a general summary of Savin Rock Communities Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




Saturday, July 20, 2024

Savin Rock Communities Inc's impact lies in providing safe, sanitary, and suitable living accommodations to individuals of low, moderate, and middle income in the state of Connecticut. By owning, constructing, developing, renovating, improving, sponsoring, financing, refinancing, managing, leasing, and operating various pieces of real property, the organization plays a vital role in addressing housing needs within the community. This contributes to enhancing the quality of life and ensuring housing stability for those in need.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

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

  • Investment Income: $11,860
  • Program Service Revenue: $4,275,406
  • Gross Receipts: $4,287,266

    • Assets and Liabilities:
  • Total Assets: $7,525,612
  • Total Liabilities: $896,174
  • Net Assets: $6,629,438
  • Programs

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

    RENTAL INCOME

    Revenue

    $4,275,406

    Organization Details

    Founding Year

    2015

    Principal Officer

    John Counter

    Main Address

    15 GLADE STREET, WEST HAVEN, CT, 06516

    NTEE Category

    Code: L21 - Housing

    If you are a representative of Savin Rock Communities Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.