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Greater Groton Realty Corp

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

EIN: 473104202 ✦ Groton, CT ✦ Designated as a 501(c)(3)

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Overview

What is Greater Groton Realty Corp?

Greater Groton Realty Corp is a development organization that collaborates with the Groton Housing Authority to foster affordable housing and community development opportunities. They cater to a diverse range of households by covering pre-development expenses. Their mission involves assisting the Groton Housing Authority in creating, preserving, revitalizing, and pursuing these opportunities, ultimately contributing to the community's overall development.

Is Greater Groton Realty Corp legitimate?

Greater Groton Realty Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Greater Groton Realty Corp 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 Greater Groton Realty Corp?

Greater Groton Realty Corp serves as a development organization, collaborating with the Groton Housing Authority to create, preserve, revitalize, and pursue affordable housing and community development opportunities. The organization's mission is to cater to a diverse mix of households, ensuring the availability of affordable living spaces. By offering programs to cover pre-development expenses, Greater Groton Realty Corp contributes to the betterment of various communities.

Who is the CEO of Greater Groton Realty Corp?

Robert Cappelletti is the Director of Greater Groton Realty Corp.

What is the revenue of Greater Groton Realty Corp?

Greater Groton Realty Corp's revenue in 2022 was $0.

Who are the executives of Greater Groton Realty Corp and what are their salaries?


Here are 6 key members and their salaries:


Ted Lazarus (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Drew Pallotto (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Cappelletti (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nancy Codeanne (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jamie Lee (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eddie Siebert (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Greater Groton Realty Corp?

Greater Groton Realty Corp's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Greater Groton Realty Corp

Greater Groton Realty Corp, a development organization, is dedicated to supporting the Groton Housing Authority in creating, preserving, and revitalizing affordable housing opportunities for a diverse range of households. Their mission is to pursue community development initiatives that cater to this diverse mix, ensuring that everyone has access to suitable living spaces. This development organization plays a crucial role in identifying and capitalizing on various opportunities that contribute to the betterment of the community as a whole. By assisting the Groton Housing Authority, Greater Groton Realty Corp is able to make a tangible impact on the lives of many families, ensuring that affordable housing remains a viable option for all.

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Impact




October, 2024

Greater Groton Realty Corp plays a vital role in enhancing the housing landscape of Groton, Connecticut. By collaborating with the Groton Housing Authority, the organization focuses on creating, preserving, and revitalizing affordable housing options that cater to a diverse range of households. This commitment not only addresses immediate housing needs but also contributes to the long-term sustainability of the community.

The programs offered by Greater Groton Realty Corp encompass support for pre-development expenses, facilitating the planning and execution of housing initiatives. Through its efforts, the organization helps ensure that affordable housing remains accessible, which is crucial for fostering inclusive and resilient communities. By pursuing community development opportunities, it also plays a part in the overall economic and social well-being of Groton, making a significant impact on the lives of its residents.




This information is meant to be a general summary of Greater Groton Realty Corp. 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
$0 (2022)
Expenses
$1,029,938 (2022)
Efficiency

Other financial information:

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

    Assets and Liabilities:

    • Total Assets: $446,167
    • Total Liabilities: $295,000
    • Net Assets: $151,167

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    Organization Details

    Founding Year

    2015

    Principal Officer

    Robert Cappelletti

    Main Address

    770 POQUONNOCK ROAD, GROTON, CT, 06340

    NTEE Category

    Code: L21 - Housing

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