Form 990, Part VI, Line 11B: Form 990 Review Process
“Form 990 is reviewed by the executive director”
Scores are not available for this record yet.
Assets
Down$2,020,418
Down $843,192 (-29%) from 2019
Net Assets
Down$2,020,418
Down $803,696 (-28%) from 2019
Liabilities
Down$0
Down $39,496 (-100%) from 2019
Revenue
Down-$765,546
Down $942,868 (-532%) from 2019
Expenses
Down$38,150
Down $159,150 (-81%) from 2019
Net Income
Down-$803,696
Down $783,718 (-3923%) from 2019
Housing for low and moderate income families
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Cash and Non-Interest-Bearing Accounts | $260,088 | $1,067,368 | ▲ $807,280 |
| Land, Buildings, and Equipment, Net | $991,998 | $953,050 | ▼ $38,948 |
| Savings and Temporary Cash Investments | $845,978 | $0 | ▼ $845,978 |
| Inventories for Sale or Use | $765,546 | $0 | ▼ $765,546 |
| Accounts Receivable | - | $0 | - |
| Other Notes and Loans Receivable, Net | - | $0 | - |
| Pledges and Grants Receivable | - | $0 | - |
| Receivable From Disqualified Prsn | - | $0 | - |
| Receivables From Officers Etc | - | $0 | - |
| Investments Other Securities | - | $0 | - |
| Investments Program Related | - | $0 | - |
| Investments in Publicly Traded Securities | - | $0 | - |
| Intangible Assets | - | $0 | - |
| Prepaid Expenses and Deferred Charges | - | $0 | - |
| Total Assets | $2,863,610 | $2,020,418 | ▼ $843,192 |
| Other Assets Total | - | $0 | - |
| Liabilities | |||
| Other Liabilities | $39,496 | - | - |
| Total Liabilities | $39,496 | $0 | ▼ $39,496 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $2,223,719 | $2,020,418 | ▼ $203,301 |
| Net Assets With Donor Restrictions | $600,395 | - | - |
| Total Net Assets Fund Balance | $2,824,114 | $2,020,418 | ▼ $803,696 |
| Total Liabilities and Net Assets / Fund Balance | $2,863,610 | $2,020,418 | ▼ $843,192 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Leasehold Improvements | $526,126 | $240,850 | $766,976 |
| Buildings | $363,406 | $265,372 | $628,778 |
| Land | $63,052 | - | $63,052 |
| Equipment | $466 | $3,210 | $3,676 |
| Other Land Buildings | - | $2,574 | $2,574 |
| Name | Title |
|---|---|
| Peter Springsteel | Chairman |
| Paul a Connor | Vice Chair |
| Annette Finton | Director |
| Bruce Hyde | Director |
| Chris Johnson | Director |
| Daniel P Brannegan | Director |
| Helen Behney | Director |
| Keith Caplet | Director |
| Matthew J Curtiss | Director |
| Ned Hammond | Director |
| Robert Gilbert | Director |
| Robert Gorman | Director |
| Suzanne David Cole | Director |
| Marilyn M Graham | E.d./secretary |
| Michelle a Drayton | Treasurer |
| Contractor | Services | Location | Compensation |
|---|---|---|---|
| Dependable Contracting Services | Contracting Services | 88 SCHOOL STREET, Taftville, CT 06380 | - |
| Edward Fedorshak | contracting services | 338 GEER ROAD, Griswold, CT 06351 | - |
| Line Item | Amount |
|---|---|
| Other Expenses | $38,150 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Salaries, Compensation, and Employee Benefits | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Depreciation Depletion | $38,150 | - | - | $38,150 |
| Total Functional Expenses | $38,150 | $0 | $0 | $38,150 |
| Line Item | Amount |
|---|---|
| Expenses per Audited Statements | $38,150 |
| Total Expenses per Audited Statements | $38,150 |
| Total Expenses per Form 990 | $38,150 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Line Item | Beginning | End | Change |
|---|---|---|---|
| Receivables from Disqualified Persons | - | $0 | - |
| Receivables from Officers, Directors, Trustees, and Key Employees | - | $0 | - |
“Form 990 is reviewed by the executive director”
“Members of the Board of Trustees are aware of ongoing projects and either excuse themselves or acknowledge when a conflict of interest may exist.”
“Review committee meets to discuss current salary and proposed changes. Review committee then advises board on proposed changes. Board of directors vote on proposed salary changes.”
“Governing documents and financials are made available on request.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
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|---|---|---|
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| IRS990/Desc | 0 | RENTAL HOUSING - TWO THREE-FAMILY HOUSES ARE BEING RENTED TO LOW-INCOME FAMILIES WHO PARTICIPATE IN A PROGRAM TO HELP THEM BECOME HOMEOWNERS. SIX APARTMENTS ARE RENTED IN THIS PROGRAM. TWO ADDITIONAL TWO-FAMILY PROPERTIES HAVE BEEN PURCHASED AND RENOVATED AND THOSE FOUR UNITES ARE RENTED TO VERY LOW-INCOME FAMILIES. |
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| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | ROBERT GILBERT |
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| IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/NetIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt | 0 | -765546 |
| IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt | 0 | -765546 |
| IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt | 0 | 2223719 |
| IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt | 0 | 2020418 |
| IRS990/NoListedPersonsCompensatedInd | 0 | X |
| IRS990/NondeductibleContributionsInd | 0 | false |
| IRS990/OccupancyGrp/TotalAmt | 0 | 0 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 0 |
| IRS990/OfficerMailingAddressInd | 0 | false |
| IRS990/OperateHospitalInd | 0 | false |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsFASB117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 0 |
| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 0 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 39496 |
| IRS990/OtherRevenueTotalAmt | 0 | 0 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 0 |
| IRS990/OthNotesLoansReceivableNetGrp/EOYAmt | 0 | 0 |
| IRS990/PartialLiquidationInd | 0 | false |
| IRS990/PaymentsToAffiliatesGrp/TotalAmt | 0 | 0 |
| IRS990/PayPremiumsPrsnlBnftCntrctInd | 0 | false |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 0 |
| IRS990/PensionPlanContributionsGrp/TotalAmt | 0 | 0 |
| IRS990/PledgesAndGrantsReceivableGrp/EOYAmt | 0 | 0 |
| IRS990/PoliticalCampaignActyInd | 0 | false |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 0 |
| IRS990/ProfessionalFundraisingInd | 0 | false |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | Low income apartment rent |
| IRS990/ProgSrvcAccomActy2Grp/Desc | 0 | HOME-OWNERSHIP HOUSING - THE RENOVATIONS ON TWO SINGLE-FAMILY HOUSES ON DENISON AVE WERE COMPLETED AND THE HOMES WERE SOLD: ONE TO A LOW-INCOME FAMILY AND THE OTHER TO AN EXTREMELY LOW-INCOME FAMILY. RENOVATIONS WERE CONTINUED ON A TWO-FAMILY HOME ON MOORE AVE., WHICH IS TO BE SOLD TO A MODERATE-INCOME FAMILY WITH AN APARTMENT TO BE RENTED TO A VERY-LOW INCOME FAMILY. CONSTUCTION WAS UNDERTAKEN ON A NEW TWO-FAMILY HOME ON A VACANT LOT ON BELDEN ST. TO BE SOLD TO A LOW-INCOME BUYER WITH AN APARTMENT FOR A VERY-LOW INCOME FAMILY. |
| IRS990/ProgSrvcAccomActy3Grp/Desc | 0 | EDUCATION- A NINE-WEEK, FREE HOME REPAIR WORKSHOP PROGRAM WAS OFFERED TO TEACH NEW HOMEOWNERS BASIC PLUMBING, CARPENTRY AND ELECTRIAL SKILLS, HELPING TO ASSURE THEIR SUCCESS AS HOMEOWNERS.EDUCATION- INDIVIDUALS AND FAMILIES WERE GUIDED IN BASIC STEPS TO TAKE IN ORDER TO FIND AFFORDABLE HOUSING AND TO BUY HOMES ON THEIR OWN. |
| IRS990/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990/PYContributionsGrantsAmt | 0 | 419145 |
| IRS990/PYExcessBenefitTransInd | 0 | false |
| IRS990/PYInvestmentIncomeAmt | 0 | 5396 |
| IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt | 0 | 0 |
| IRS990/PYOtherExpensesAmt | 0 | 111502 |
| IRS990/PYOtherRevenueAmt | 0 | -324013 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 76794 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | -19978 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 85798 |
| IRS990/PYTotalExpensesAmt | 0 | 197300 |
| IRS990/PYTotalRevenueAmt | 0 | 177322 |
| IRS990/QuidProQuoContributionsInd | 0 | false |
| IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt | 0 | 0 |
| IRS990/RcvFndsToPayPrsnlBnftCntrctInd | 0 | false |
| IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | -803696 |
| IRS990/RegularMonitoringEnfrcInd | 0 | true |
| IRS990/RelatedEntityInd | 0 | false |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990/ReportInvestmentsOtherSecInd | 0 | false |
| IRS990/ReportLandBuildingEquipmentInd | 0 | true |
| IRS990/ReportOtherAssetsInd | 0 | false |
| IRS990/ReportOtherLiabilitiesInd | 0 | false |
| IRS990/ReportProgramRelatedInvstInd | 0 | false |
| IRS990/RoyaltiesGrp/TotalAmt | 0 | 0 |
| IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 845978 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 0 |
| IRS990ScheduleA/First5Years170Ind | 0 | X |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 19145 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 50935 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 69092 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 69029 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 208201 |
| IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt | 0 | 5396 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 3595 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 3691 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 3492 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt | 0 | 16174 |
| IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt | 0 | 1132055 |
| IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 196 |
| IRS990ScheduleA/OtherIncome170Grp/TotalAmt | 0 | 196 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 0.00000 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 208201 |
| IRS990ScheduleA/SubstantialContributorsTotAmt | 0 | 0 |
| IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 19145 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 50935 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 69092 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 69029 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 208201 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 224571 |
| IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt | 0 | 0 |
| IRS990/ScheduleBRequiredInd | 0 | false |
| IRS990ScheduleD/BuildingsGrp/BookValueAmt | 0 | 363406 |
| IRS990ScheduleD/BuildingsGrp/DepreciationAmt | 0 | 265372 |
| IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 628778 |
| IRS990ScheduleD/EquipmentGrp/BookValueAmt | 0 | 466 |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 3210 |
| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 3676 |
| IRS990ScheduleD/ExpensesSubtotalAmt | 0 | 38150 |
| IRS990ScheduleD/LandGrp/BookValueAmt | 0 | 63052 |
| IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt | 0 | 63052 |
| IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt | 0 | 526126 |
| IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt | 0 | 240850 |
| IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt | 0 | 766976 |
| IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt | 0 | 2574 |
| IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 2574 |
| IRS990ScheduleD/RevenueSubtotalAmt | 0 | -765546 |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 953050 |
| IRS990ScheduleD/TotalExpensesPerForm990Amt | 0 | 38150 |
| IRS990ScheduleD/TotalRevenuePerForm990Amt | 0 | -765546 |
| IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt | 0 | -765546 |
| IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt | 0 | 38150 |
| IRS990/ScheduleJRequiredInd | 0 | false |
| IRS990/ScheduleORequiredInd | 0 | true |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | FORM 990 IS REVIEWED BY THE EXECUTIVE DIRECTOR |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Members of the Board of Trustees are aware of ongoing projects and either excuse themselves or acknowledge when a conflict of interest may exist. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | REVIEW COMMITTEE MEETS TO DISCUSS CURRENT SALARY AND PROPOSED CHANGES. REVIEW COMMITTEE THEN ADVISES BOARD ON PROPOSED CHANGES. BOARD OF DIRECTORS VOTE ON PROPOSED SALARY CHANGES. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | GOVERNING DOCUMENTS AND FINANCIALS ARE MADE AVAILABLE ON REQUEST. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Form 990, Part VI, Line 11b: Form 990 Review Process |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Form 990, Part VI, Line 19: Other Organization Documents Publicly Available |
| IRS990/SchoolOperatingInd | 0 | false |
| IRS990/SignificantChangeInd | 0 | false |
| IRS990/SignificantNewProgramSrvcInd | 0 | false |
| IRS990/SubjectToExcsTaxNetInvstIncInd | 0 | false |
| IRS990/SubjectToProxyTaxInd | 0 | false |
| IRS990/SubjToTaxRmnrtnExPrchtPymtInd | 0 | false |
| IRS990/TaxablePartyNotificationInd | 0 | false |
| IRS990/TaxExemptBondsInd | 0 | false |
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Displayed year
2020 • Form 990Detailed filing. Detailed filing data is available for this year.