Liabilities / Assets
78th percentile
Higher debt load relative to assets than 78% of similar nonprofits.
990 • Fiscal year 2019 • EIN 06-1276156
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
78th percentile
Higher debt load relative to assets than 78% of similar nonprofits.
Liabilities / Revenue
93rd percentile
Higher debt load relative to revenue than 93% of similar nonprofits.
Net Margin
89th percentile
Higher net margin than 89% of similar nonprofits.
Top Officer Pay
43rd percentile
Higher top officer pay than 43% of similar nonprofits.
Top officer pay equals 4.1% of source-year revenue.
Asset Growth
31st percentile
Faster asset growth than 31% of similar nonprofits.
Revenue Growth
85th percentile
Faster revenue growth than 85% of similar nonprofits.
Assets
Up$60,247,331
Up $247,297 (+0.4%) from 2018
Net Assets
Up$21,820,471
Up $2,998,671 (+16%) from 2018
Liabilities
Down$38,426,860
Down $2,751,374 (-6.7%) from 2018
Revenue
Up$7,573,786
Up $1,554,309 (+26%) from 2018
Expenses
Up$4,573,569
Up $523,825 (+13%) from 2018
Net Income
Up$3,000,217
Up $1,030,484 (+52%) from 2018
To facilitate the development of affordable housing, both rental and homeownership, and assists households to become owners of affordable homes.
To facilitate the development of affordable housing, both rental and homeownership, and assist households to become owners of affordable homes.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Other Notes and Loans Receivable, Net | $33,891,865 | $35,521,936 | ▲ $1,630,071 |
| Savings and Temporary Cash Investments | $8,840,550 | $7,197,645 | ▼ $1,642,905 |
| Investments in Publicly Traded Securities | $2,795,516 | $2,063,540 | ▼ $731,976 |
| Land, Buildings, and Equipment, Net | $439,920 | $1,662,689 | ▲ $1,222,769 |
| Accounts Receivable | $786,285 | $786,516 | ▲ $231 |
| Prepaid Expenses and Deferred Charges | $87,100 | $54,957 | ▼ $32,143 |
| Total Assets | $60,000,034 | $60,247,331 | ▲ $247,297 |
| Other Assets Total | $13,158,798 | $12,960,048 | ▼ $198,750 |
| Liabilities | |||
| Mortgage Notes Payable Secured by Investment Property | $24,730,181 | $23,950,438 | ▼ $779,743 |
| Other Liabilities | $16,150,184 | $14,099,605 | ▼ $2,050,579 |
| Accounts Payable and Accrued Expenses | $297,869 | $376,817 | ▲ $78,948 |
| Total Liabilities | $41,178,234 | $38,426,860 | ▼ $2,751,374 |
| Net Assets / Fund Balance | |||
| Unrestricted Net Assets | $16,149,224 | $19,150,291 | ▲ $3,001,067 |
| Temporarily Rstr Net Assets | $1,651,901 | $1,827,081 | ▲ $175,180 |
| Permanently Rstr Net Assets | $1,020,675 | $843,099 | ▼ $177,576 |
| Total Net Assets Fund Balance | $18,821,800 | $21,820,471 | ▲ $2,998,671 |
| Total Liabilities and Net Assets / Fund Balance | $60,000,034 | $60,247,331 | ▲ $247,297 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Land | $910,150 | - | $910,150 |
| Leasehold Improvements | $403,185 | $145,055 | $548,240 |
| Buildings | $326,986 | $4,270 | $331,256 |
| Equipment | $22,368 | $56,258 | $78,626 |
| Other Assets Org | $12,839,528 | - | - |
| Period | Beginning | Contrib. | Gain/Loss | Other Uses | End |
|---|---|---|---|---|---|
| 2018 | $1,020,675 | - | - | - | $843,099 |
| 2017 | $1,274,355 | - | - | - | $1,020,675 |
| 2016 | $1,938,755 | - | - | - | $1,274,355 |
| 2015 | $1,488,755 | $450,000 | - | - | $1,938,755 |
| 2014 | $1,063,755 | $425,000 | - | - | $1,488,755 |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Joan Carty | President & CEO | FT | $284,920 | $24,500 | $309,420 |
| Gina Delano | Chief Financial Officer | FT | $144,101 | - | $144,101 |
| Kelly Almanzar | Director of Residential Le | FT | $117,460 | - | $117,460 |
| Name | Title |
|---|---|
| Clay Fowler | Chair |
| Robin Gallagher | Vice-chair |
| Barbara Kelly | Board Member |
| E Phillip Mckain | Board Member |
| Kathleen Romagnano | Board Member |
| Margaret Powers | Board Member |
| Marjan Murray | Board Member |
| Matthew Quinones | Board Member |
| Michael Weinstock | Board Member |
| Scott Gerard | Board Member |
| Willard Miley | Board Member |
| Charles Howell | Assistant Secretary |
| Lisa Sanders | Assistant Treasurer |
| Al Shehadi | Secretary |
| Bert Hunter | Treasurer |
| Line Item | Amount |
|---|---|
| Salaries, Compensation, and Employee Benefits | $2,690,566 |
| Other Expenses | $1,883,003 |
| Total Fundraising Expense | $378,827 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | $1,078,669 | $472,746 | $187,145 | $1,738,560 |
| Interest | $441,617 | - | - | $441,617 |
| Current Officers, Directors, Trustees, and Key Employees | $266,164 | $116,693 | $46,162 | $429,019 |
| Fees for Services Other | $248,261 | $68,709 | $25,648 | $342,618 |
| Other Employee Benefits | $155,428 | $91,756 | $28,003 | $275,187 |
| Payroll Taxes | $152,025 | $67,401 | $28,374 | $247,800 |
| Occupancy | $63,242 | $27,000 | $9,322 | $99,564 |
| Office Expenses | $51,873 | $12,085 | $6,390 | $70,348 |
| Insurance | $39,169 | $10,082 | $5,547 | $54,798 |
| Other Expenses | $38,754 | $942 | $4,422 | $39,696 |
| Travel | $24,094 | $8,061 | $4,302 | $36,457 |
| Depreciation Depletion | $22,898 | $6,375 | $2,808 | $32,081 |
| All Other Expenses | $20,800 | $2,641 | $6,475 | $29,916 |
| Advertising | $4,738 | $3,205 | $14,468 | $22,411 |
| Conferences and Meetings | $10,255 | $9,386 | $751 | $20,392 |
| Total Functional Expenses | $3,270,592 | $924,150 | $378,827 | $4,573,569 |
| Line Item | Amount |
|---|---|
| Total Expenses per Form 990 | $4,573,569 |
| Total Expenses per Audited Statements | $3,650,342 |
| Expenses per Audited Statements | $3,616,754 |
| Expenses Not Reported on Financial Statements | $956,815 |
| Other Expense Adjustments | $956,815 |
| Expenses Not Reported on Form 990 | $33,588 |
| Line Item | Amount |
|---|---|
| Fundraising Direct Expenses | $28,088 |
| Fundraising Gross Income | $28,088 |
| Professional Fundraising Fees | $0 |
| Event | Gross Receipts | Gross Revenue | Direct Expenses | Net Income |
|---|---|---|---|---|
| Annual Hdf Breakfast | $78,855 | $28,088 | $28,088 | $0 |
| Total Events | $78,855 | $28,088 | $28,088 | $0 |
| Interested Party | Relationship | Description | Shared Revenue | Amount |
|---|---|---|---|---|
| - | Board Member | Market President of M&t Bank | No | $5,250,000 |
| - | Board Member | Vp of Peoples Bank Participant in Hdf Sm and Mf Pools Annual Commitments | No | $4,500,000 |
| - | Board Member | Svp of Webster Bank Participant in Hdf Sm and Mf Pools Annual Commitments | No | $4,200,000 |
| - | Board Member | Svp of Newtown Savings Bank Annual Commitments | No | $3,575,000 |
| - | Board Member | Chief Investment Officer of Ct Green Bank a Loan Was Issued for the Macarthur Joint Program | No | $90,000 |
| - | Board Member | Partner of Spinnaker, Part Owner of Bridgeport Building Where Hdf Leases Space | No | $36,000 |
| Liability | Amount |
|---|---|
| Agency Liabilities | $12,839,528 |
| Borrower Escrow Accounts | $786,828 |
| Refundable Advances on Grants | $277,074 |
| Deferred Compensation Obligation | $196,175 |
“The chairman of the board has outside banking relationships with several banks represented on the board.”
“The form 990 is first reviewed by the ceo and cfo and then the executive committee prior to filing.”
“Board members are required to sign conflict of interest forms annually.”
“The compensation of the ceo is established by the executive committee of the board and is based on a performance evaluation and comparative salary review conducted annually.”
“Financial statements are posted on website and are available upon request. Other documents are also made available on request.”
“The net income of the stamford development corporation endowment fund is used annually to meet the operating expenses of hdf to provide affordable housing in the city of stamford. The neighborworks works america capital grant fund is used to provide loans for hdf's leap revolving loan fund.”
“Cost of direct benefit to donors 28,088.”
“Interest expense 441,617. Provision for loan losses 515,198.”
“Cost of direct benefit to donors 28,088.”
“Interest expense 441,617. Provision for loan losses 515,198.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990/AccountantCompileOrReviewInd | 0 | 0 |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 297869 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 376817 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 786285 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 786516 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | TO FACILITATE THE DEVELOPMENT OF AFFORDABLE HOUSING, BOTH RENTAL AND HOMEOWNERSHIP, AND ASSIST HOUSEHOLDS TO BECOME OWNERS OF AFFORDABLE HOMES. |
| IRS990/AdvertisingGrp/FundraisingAmt | 0 | 14468 |
| IRS990/AdvertisingGrp/ManagementAndGeneralAmt | 0 | 3205 |
| IRS990/AdvertisingGrp/ProgramServicesAmt | 0 | 4738 |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 22411 |
| IRS990/AllOtherContributionsAmt | 0 | 4214231 |
| IRS990/AllOtherExpensesGrp/FundraisingAmt | 0 | 6475 |
| IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt | 0 | 2641 |
| IRS990/AllOtherExpensesGrp/ProgramServicesAmt | 0 | 20800 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 29916 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | 1 |
| IRS990/AuditCommitteeInd | 0 | 1 |
| IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | GINA DELANO |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 2039691830 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 100 PROSPECT STREET SUITE 100 |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | STAMFORD |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | CT |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 06901 |
| IRS990/BusinessRlnWithFamMemInd | 0 | 0 |
| IRS990/BusinessRlnWithOfficerEntInd | 0 | 1 |
| IRS990/BusinessRlnWithOrgMemInd | 0 | 0 |
| IRS990/ChangeToOrgDocumentsInd | 0 | 0 |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/CollectionsOfArtInd | 0 | 0 |
| IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt | 0 | 46162 |
| IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt | 0 | 116693 |
| IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt | 0 | 266164 |
| IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt | 0 | 429019 |
| IRS990/CompensationFromOtherSrcsInd | 0 | 0 |
| IRS990/CompensationProcessCEOInd | 0 | 1 |
| IRS990/CompensationProcessOtherInd | 0 | 1 |
| IRS990/ConferencesMeetingsGrp/FundraisingAmt | 0 | 751 |
| IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt | 0 | 9386 |
| IRS990/ConferencesMeetingsGrp/ProgramServicesAmt | 0 | 10255 |
| IRS990/ConferencesMeetingsGrp/TotalAmt | 0 | 20392 |
| IRS990/ConflictOfInterestPolicyInd | 0 | 1 |
| IRS990/ConservationEasementsInd | 0 | 0 |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | 1 |
| IRS990/ContriRptFundraisingEventAmt | 0 | 50767 |
| IRS990/CreditCounselingInd | 0 | 0 |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 5454893 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 129804 |
| IRS990/CYOtherExpensesAmt | 0 | 1883003 |
| IRS990/CYOtherRevenueAmt | 0 | 6773 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 1982316 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 3000217 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 2690566 |
| IRS990/CYTotalExpensesAmt | 0 | 4573569 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 378827 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 7573786 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | 0 |
| IRS990/DeductibleArtContributionInd | 0 | 0 |
| IRS990/DeductibleNonCashContriInd | 0 | 0 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | 0 |
| IRS990/DepreciationDepletionGrp/FundraisingAmt | 0 | 2808 |
| IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt | 0 | 6375 |
| IRS990/DepreciationDepletionGrp/ProgramServicesAmt | 0 | 22898 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 32081 |
| IRS990/Desc | 0 | HOMEBUYER ASSISTANCE - UNDERWRITING HDF PROVIDES ASSISTANCE IN LOANS FOR DOWNPAYMENTS AND LOW INTEREST SECOND MORTGAGES. |
| IRS990/DescribedInSection501c3Ind | 0 | 1 |
| IRS990/DisregardedEntityInd | 0 | 1 |
| IRS990/DocumentRetentionPolicyInd | 0 | 1 |
| IRS990/DonorAdvisedFundInd | 0 | 0 |
| IRS990/ElectionOfBoardMembersInd | 0 | 0 |
| IRS990/EmployeeCnt | 0 | 37 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | 1 |
| IRS990/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990/ExpenseAmt | 0 | 1250670 |
| IRS990/FamilyOrBusinessRlnInd | 0 | 1 |
| IRS990/FederalGrantAuditPerformedInd | 0 | 1 |
| IRS990/FederalGrantAuditRequiredInd | 0 | 1 |
| IRS990/FeesForServicesOtherGrp/FundraisingAmt | 0 | 25648 |
| IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt | 0 | 68709 |
| IRS990/FeesForServicesOtherGrp/ProgramServicesAmt | 0 | 248261 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 342618 |
| IRS990/ForeignActivitiesInd | 0 | 0 |
| IRS990/ForeignFinancialAccountInd | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | 0 |
| IRS990/Form8282PropertyDisposedOfInd | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 8.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 5.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 7 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 8 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 9 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 10 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 11 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 12 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 13 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 14 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 15 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 16 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 17 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 6 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 7 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 8 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 9 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 10 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 11 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 12 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 13 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 14 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 15 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 6 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 7 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 13 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 14 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 15 | 24500 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 16 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 17 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | CLAY FOWLER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | ROBIN GALLAGHER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | SCOTT GERARD |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | CHARLES HOWELL |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | BERT HUNTER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | WILLARD MILEY |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | BARBARA KELLY |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | E PHILLIP MCKAIN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 8 | MARJAN MURRAY |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 9 | MARGARET POWERS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 10 | KATHLEEN ROMAGNANO |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 11 | LISA SANDERS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 12 | MATTHEW QUINONES |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 13 | AL SHEHADI |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 14 | MICHAEL WEINSTOCK |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 15 | JOAN CARTY |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 16 | GINA DELANO |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 17 | KELLY ALMANZAR |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 13 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 14 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 15 | 284920 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 16 | 144101 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 17 | 117460 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 13 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 14 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 15 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 16 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 17 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | CHAIR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | VICE-CHAIR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | ASSISTANT SECRETARY |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | TREASURER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 9 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 10 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 11 | ASSISTANT TREASURER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 12 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 13 | SECRETARY |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 14 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 15 | PRESIDENT & CEO |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 16 | CHIEF FINANCIAL OFFICER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 17 | DIRECTOR OF RESIDENTIAL LE |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | 1 |
| IRS990/FormationYr | 0 | 1989 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | 0 |
| IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | 1 |
| IRS990/FundraisingActivitiesInd | 0 | 1 |
| IRS990/FundraisingAmt | 0 | 50767 |
| IRS990/FundraisingDirectExpensesAmt | 0 | 28088 |
| IRS990/FundraisingGrossIncomeAmt | 0 | 28088 |
| IRS990/GamingActivitiesInd | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 15 |
| IRS990/GovernmentGrantsAmt | 0 | 1189895 |
| IRS990/GrantsToIndividualsInd | 0 | 0 |
| IRS990/GrantsToOrganizationsInd | 0 | 0 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
| IRS990/GrossReceiptsAmt | 0 | 7601874 |
| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 0 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 0 |
| IRS990/IndependentVotingMemberCnt | 0 | 15 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 3 |
| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InsuranceGrp/FundraisingAmt | 0 | 5547 |
| IRS990/InsuranceGrp/ManagementAndGeneralAmt | 0 | 10082 |
| IRS990/InsuranceGrp/ProgramServicesAmt | 0 | 39169 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 54798 |
| IRS990/InterestGrp/ProgramServicesAmt | 0 | 441617 |
| IRS990/InterestGrp/TotalAmt | 0 | 441617 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 129804 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 129804 |
| IRS990/InvestmentInJointVentureInd | 0 | 0 |
| IRS990/InvestmentsPubTradedSecGrp/BOYAmt | 0 | 2795516 |
| IRS990/InvestmentsPubTradedSecGrp/EOYAmt | 0 | 2063540 |
| IRS990/IRPDocumentCnt | 0 | 32 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 205583 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 439920 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 1662689 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 1868272 |
| IRS990/LegalDomicileStateCd | 0 | CT |
| IRS990/LoanOutstandingInd | 0 | 0 |
| IRS990/LobbyingActivitiesInd | 0 | 0 |
| IRS990/LocalChaptersInd | 0 | 0 |
| IRS990/MaterialDiversionOrMisuseInd | 0 | 0 |
| IRS990/MembersOrStockholdersInd | 0 | 0 |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | 1 |
| IRS990/MinutesOfGoverningBodyInd | 0 | 1 |
| IRS990/MissionDesc | 0 | TO FACILITATE THE DEVELOPMENT OF AFFORDABLE HOUSING, BOTH RENTAL AND HOMEOWNERSHIP, AND ASSISTS HOUSEHOLDS TO BECOME OWNERS OF AFFORDABLE HOMES. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | 0 |
| IRS990/MoreThan5000KToOrgInd | 0 | 0 |
| IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt | 0 | 24730181 |
| IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt | 0 | 23950438 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 18821800 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 21820471 |
| IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NetUnrlzdGainsLossesInvstAmt | 0 | -1546 |
| IRS990/NondeductibleContributionsInd | 0 | 0 |
| IRS990/OccupancyGrp/FundraisingAmt | 0 | 9322 |
| IRS990/OccupancyGrp/ManagementAndGeneralAmt | 0 | 27000 |
| IRS990/OccupancyGrp/ProgramServicesAmt | 0 | 63242 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 99564 |
| IRS990/OfficeExpensesGrp/FundraisingAmt | 0 | 6390 |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 12085 |
| IRS990/OfficeExpensesGrp/ProgramServicesAmt | 0 | 51873 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 70348 |
| IRS990/OfficerMailingAddressInd | 0 | 0 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsSFAS117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 13158798 |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 12960048 |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt | 0 | 28003 |
| IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt | 0 | 91756 |
| IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt | 0 | 155428 |
| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 275187 |
| IRS990/OtherExpensesGrp/Desc | 0 | PROVISION FOR LOAN LOSS |
| IRS990/OtherExpensesGrp/Desc | 1 | EQUIPMENT LEASES AND MA |
| IRS990/OtherExpensesGrp/Desc | 2 | DUES, SUBSCRIPTIONS & M |
| IRS990/OtherExpensesGrp/Desc | 3 | PROPERTY MANAGEMENT |
| IRS990/OtherExpensesGrp/FundraisingAmt | 0 | 9010 |
| IRS990/OtherExpensesGrp/FundraisingAmt | 1 | 4422 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 17408 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 1 | 9660 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 2 | 942 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 515198 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 105486 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 2 | 31921 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 3 | 38754 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 515198 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 131904 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 46003 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 39696 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 16150184 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 14099605 |
| IRS990/OtherRevenueMiscGrp/BusinessCd | 0 | 531390 |
| IRS990/OtherRevenueMiscGrp/Desc | 0 | MISCELLANEOUS |
| IRS990/OtherRevenueMiscGrp/ExclusionAmt | 0 | 6773 |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 0 | 6773 |
| IRS990/OtherRevenueTotalAmt | 0 | 6773 |
| IRS990/OtherSalariesAndWagesGrp/FundraisingAmt | 0 | 187145 |
| IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt | 0 | 472746 |
| IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt | 0 | 1078669 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 1738560 |
| IRS990/OthNotesLoansReceivableNetGrp/BOYAmt | 0 | 33891865 |
| IRS990/OthNotesLoansReceivableNetGrp/EOYAmt | 0 | 35521936 |
| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PayPremiumsPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/PayrollTaxesGrp/FundraisingAmt | 0 | 28374 |
| IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt | 0 | 67401 |
| IRS990/PayrollTaxesGrp/ProgramServicesAmt | 0 | 152025 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 247800 |
| IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt | 0 | 1020675 |
| IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt | 0 | 843099 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 87100 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 54957 |
| IRS990/PrincipalOfficerNm | 0 | JOAN CARTY |
| IRS990/ProfessionalFundraisingInd | 0 | 0 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 531390 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 1 | 531390 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 2 | 531390 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | INTEREST INCOME - LOAN |
| IRS990/ProgramServiceRevenueGrp/Desc | 1 | CONTRACTS AND FEES |
| IRS990/ProgramServiceRevenueGrp/Desc | 2 | RENTAL INCOME |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 1273059 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 1 | 667074 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 2 | 42183 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 1273059 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 1 | 667074 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 2 | 42183 |
| IRS990/ProgSrvcAccomActy2Grp/Desc | 0 | HOMEBUYER ASSISTANCE UNDERWRITING AND COUNSELING - PROVIDE LOW INTEREST, FLEXIBLE FINANCING AND TECHNICAL ASSISTANCE TO DEVELOPERS BY PROVIDING HOMEBUYER ASSISTANCE FINANCING AND HOMEOWNERSHIP COUNSELING TO HOMEBUYERS. |
| IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt | 0 | 565585 |
| IRS990/ProgSrvcAccomActy3Grp/Desc | 0 | MULTI-FAMILY HOUSING - PROVIDE CONSTRUCTION AND PERMANENT LOANS AND RELATED ASSISTANCE TO PROVIDERS OF MULTI-FAMILY HOUSING TO ENABLE THEM TO EXPAND LOW AND MODERATE INCOME HOUSING OPPORTUNITIES FOR FAMILIES IN SOUTHWESTERN CT. |
| IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt | 0 | 435460 |
| IRS990/ProgSrvcAccomActyOtherGrp/Desc | 0 | PROVISION FOR LOAN LOSSES - ESTIMATED LOSSES ON LOANS AND REAL ESTATE ACQUIRED IN SETTLEMENT OF LOANS. |
| IRS990/ProgSrvcAccomActyOtherGrp/Desc | 1 | INTEREST EXPENSE |
| IRS990/ProgSrvcAccomActyOtherGrp/Desc | 2 | PROPERTY MANAGEMENT - TO ATTRACT ALL POSSIBLE RENTERS WHO ARE THE LEAST LIKELY TO APPLY FOR AFFORDABLE HOUSING UNITS IN THE REGION. POSSIBLE RENTERS ARE SUBJECT TO CERTAIN STATE MEDIAN INCOME LIMITATIONS. |
| IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt | 0 | 515198 |
| IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt | 1 | 441617 |
| IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt | 2 | 62062 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/PYContributionsGrantsAmt | 0 | 4105011 |
| IRS990/PYExcessBenefitTransInd | 0 | 0 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/PYInvestmentIncomeAmt | 0 | 73734 |
| IRS990/PYOtherExpensesAmt | 0 | 1755239 |
| IRS990/PYOtherRevenueAmt | 0 | 0 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 1840732 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 1969733 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 2294505 |
| IRS990/PYTotalExpensesAmt | 0 | 4049744 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 6019477 |
| IRS990/QuidProQuoContributionsInd | 0 | 1 |
| IRS990/QuidProQuoContriDisclInd | 0 | 1 |
| IRS990/RcvFndsToPayPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 3000217 |
| IRS990/RegularMonitoringEnfrcInd | 0 | 1 |
| IRS990/RelatedEntityInd | 0 | 0 |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | 0 |
| IRS990/ReportLandBuildingEquipmentInd | 0 | 1 |
| IRS990/ReportOtherAssetsInd | 0 | 1 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 1 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 0 |
| IRS990/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 8840550 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 7197645 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 5454893 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 4105011 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 4719216 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 2461279 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 1936424 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 18676823 |
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Displayed year
2019 • Form 990Detailed filing. Detailed filing data is available for this year.
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