Overview
What is Falls Village Housing Trust Inc?
Falls Village Housing Trust Inc is a nonprofit organization that has successfully organized and secured necessary resources to construct affordable housing. They have obtained initial state funding, secured 10 acres of land for building, and even procured an additional option for land development. To execute their plans, they have engaged architects, engineers, and consultants. Their mission extends beyond construction, as they aim to manage the affordable housing once built. They have even drilled a well for the housing development, demonstrating their commitment to ensuring essential amenities. With a clear purpose to contribute to affordable housing, Falls Village Housing Trust Inc continues to make strides in their project.
Official website here: www.fallsvillagehousingtrust.org
Is Falls Village Housing Trust Inc legitimate?
Falls Village Housing Trust Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Falls Village Housing Trust Inc submitted a form 990EZ, 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:
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Official website here: www.fallsvillagehousingtrust.org
What is the mission statement of Falls Village Housing Trust Inc?
The Falls Village Housing Trust Inc, after securing initial state funding and consulting help, has set out on a mission to construct and manage affordable housing. They have procured 10 acres of land for building and have a promise to receive this land as a gift. Retaining architects, engineers, and consultants, they have planned their affordable housing development and even purchased an option for additional land. The trust has applied for necessary zoning permits and drilled a well for the housing development, demonstrating their commitment to building and managing affordable housing.
Official website here: www.fallsvillagehousingtrust.org
What is the revenue of Falls Village Housing Trust Inc?
Falls Village Housing Trust Inc's revenue in 2023 was $78,344.
Official website here: www.fallsvillagehousingtrust.org
Who are the executives of Falls Village Housing Trust Inc and what are their salaries?
There 20 volunteers at Falls Village Housing Trust Inc.
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Official website here: www.fallsvillagehousingtrust.org
Where can I find the form 990 for Falls Village Housing Trust Inc?
Falls Village Housing Trust Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.fallsvillagehousingtrust.org
Learn more at the official website: www.fallsvillagehousingtrust.org
Mission Statement of Falls Village Housing Trust Inc
Falls Village Housing Trust Inc, having rallied together and acquired expert guidance, has secured initial state funding and obtained a 10-acre plot for the construction of affordable housing. The organization has also obtained a pledge to gift this land, hired architects, engineers, and consultants for planning, and acquired an option on additional land for development. Moreover, the Trust has applied for zoning permits and drilled a well for the housing development. In essence, Falls Village Housing Trust Inc's mission is to construct and manage affordable housing units, providing a much-needed solution for individuals and families who may be struggling financially.
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Impact
August, 2024
Falls Village Housing Trust Inc's impact is centered around addressing the need for affordable housing in LAKEVILLE, CT. They have taken significant steps to make this a reality, including securing land for development, organizing a team of consultants, and obtaining initial state funding. By actively working on building and managing affordable housing units, they are contributing to the community's accessibility to safe and affordable living spaces. Additionally, their efforts in drilling a well for the housing development showcase their commitment to providing sustainable housing solutions for those in need.
This information is meant to be a general summary of Falls Village Housing Trust 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $1
- Program Service Revenue: $28,485
- Gross Receipts: $78,344
Assets and Liabilities:
- Total Assets: $19,412
- Total Liabilities: $10,607
- Net Assets: $8,805
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$28,485
Organization Details
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