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Quinnipiac Valley Community Development Corporation

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

EIN: 834532111 ✦ Wallingford, CT ✦ Designated as a 501(c)(3)

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Overview

What is Quinnipiac Valley Community Development Corporation?

Quinnipiac Valley Community Development Corporation is a nonprofit organization located in Wallingford, Connecticut. Its primary mission is to support the redevelopment activities of the Housing Authority of the Town of Wallingford (WHA) for the benefit of low-income residents in the area. The corporation aims to promote the development of high-quality, safe, and affordable housing in New Haven County and enhance the security of its residents. Additionally, they are involved in community beautification projects and promoting the well-being of elderly residents in all aspects of their lives. Their activities are in accordance with the Act and outlined in the operating agreement.

Is Quinnipiac Valley Community Development Corporation legitimate?

Quinnipiac Valley Community Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Quinnipiac Valley Community Development 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: $66,784

For more financial information, click here

What is the mission statement of Quinnipiac Valley Community Development Corporation?

The Quinnipiac Valley Community Development Corporation's mission is focused on promoting and developing high-quality, affordable housing in a particular region. They aim to benefit low-income residents by supporting the redevelopment activities of a housing authority, ensuring the development of safe and sanitary housing, and enhancing security in the community. Additionally, they are involved in community beautification projects and advocating for the well-being of elderly residents. Their activities include the development of a 30-unit residential rental complex for low-income elderly residents, among other legally permissible activities as outlined in their operating agreement.

Who is the CEO of Quinnipiac Valley Community Development Corporation?

Chris Pisani is the President/Secretary of Quinnipiac Valley Community Development Corporation.

What is the revenue of Quinnipiac Valley Community Development Corporation?

Quinnipiac Valley Community Development Corporation's revenue in 2022 was $314,181.

Who are the executives of Quinnipiac Valley Community Development Corporation and what are their salaries?

There 2 volunteers at Quinnipiac Valley Community Development Corporation.


Here are 5 key members and their salaries:


Kelly Mcdermott (President/Secretary)
  • Compensation: $0
  • Related: $125,043
  • Other: $5,272
Bob Wiedenmann (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ron Canalia (Treasurer)
  • Compensation: $0
  • Related: $57,380
  • Other: $5,476
Frank Stellato (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Pisani (Director)
  • Compensation: $0
  • Related: $97,927
  • Other: $7,447
Where can I find the form 990 for Quinnipiac Valley Community Development Corporation?

Quinnipiac Valley Community Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Quinnipiac Valley Community Development Corporation

Quinnipiac Valley Community Development Corporation, in its mission, aims to promote and develop high-quality, affordable housing in the region of New Haven County. This nonprofit organization works towards redevelopment activities, primarily benefiting the low-income residents of the Housing Authority of the Town of Wallingford, Connecticut. By doing so, it aims to enhance the living conditions of these individuals, providing them with safe and sanitary housing options that are within their financial means.

Furthermore, Quinnipiac Valley Community Development Corporation is engaged in community beautification projects, aiming to improve the overall appearance and livability of the area. This commitment to enhancing the living environment also extends to promoting security in New Haven County, ensuring that residents feel safe in their homes. Additionally, the organization shows a particular concern for the elderly residents of New Haven County, working towards improving their well-being in all aspects of their lives.

In summary, Quinnipiac Valley Community Development Corporation is a dedicated nonprofit organization that focuses on promoting and developing affordable housing in New Haven County. It leverages its resources to redevelop areas, enhance community appearance, promote safety, and improve the well-being of elderly residents, all with the ultimate goal of bettering the living conditions of low-income individuals.

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Impact




October, 2024

Quinnipiac Valley Community Development Corporation plays a significant role in enhancing the living conditions and quality of life for low-income residents in New Haven County, particularly those within the Wallingford Housing Authority. By focusing on the redevelopment of safe, high-quality, and affordable housing, the organization directly addresses the critical need for accessible housing options in the area.

One of their key projects, McKenna Court, provides 30 residential units specifically designed for low-income elderly residents, ensuring that this vulnerable population has access to safe and supportive living environments. This initiative not only fulfills housing needs but also boosts the overall availability of affordable housing in Wallingford, contributing to community stability.

Additionally, the organization promotes community beautification initiatives that enhance the surrounding environment, fostering a sense of pride and safety among residents. By focusing on the well-being of the elderly and enhancing neighborhood security, Quinnipiac Valley Community Development Corporation works to create a more inclusive and thriving community for all residents. Their efforts ultimately contribute to improved living standards and promote a healthier, more engaged community in New Haven County.




This information is meant to be a general summary of Quinnipiac Valley Community Development 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
$314,181 (2022)
Expenses
$382,876 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $193
  • Program Service Revenue: $110,756
  • Gross Receipts: $314,181

Assets and Liabilities:

  • Total Assets: $1,576,956
  • Total Liabilities: $1,768,277
  • Net Assets: -$191,321

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Programs

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

TENANT RENTS

Revenue

$110,756

Organization Details

Founding Year

2019

Principal Officer

Chris Pisani

Main Address

45 TREMPER DRIVE, WALLINGFORD, CT, 06492

NTEE Category

Code: L21 - Housing

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