Civic Intelligence

North Haven Opportunity for Affordable

EIN 06-1384957 • 501(c)3 • North Haven, CT

Pub. 78 EligibleNTEE L99

Profile

Advocate for and construct affordable housing in north haven, ct

90 Ridgewood AveNorth Haven, CT 06473

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

59th percentile

0.74x

Higher debt load relative to assets than 59% of similar nonprofits.

NTEE L • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

98th percentile

34.48x

Higher debt load relative to revenue than 98% of similar nonprofits.

NTEE L • $1M-$5M nonprofits • Source year 2024

Net Margin

44th percentile

-7.0%

Higher net margin than 44% of similar nonprofits.

NTEE L • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

47th percentile

$0

Higher top officer pay than 47% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

NTEE L • $1M-$5M nonprofits • Source year 2024

Asset Growth

59th percentile

0.1%

Faster asset growth than 59% of similar nonprofits.

NTEE L • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

73rd percentile

10%

Faster revenue growth than 73% of similar nonprofits.

NTEE L • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Up

$4,268,901

Up $5,688 (+0.1%) from 2023

Liabilities

Up

$3,164,302

Up $12,072 (+0.4%) from 2023

Net Assets

Down

$1,104,599

Down $6,384 (-0.6%) from 2023

Revenue

Up

$91,759

Up $8,661 (+10%) from 2023

Expenses

Up

$98,143

Up $13,608 (+16%) from 2023

Net Income

Down

-$6,384

Down $4,947 (-344%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$6.0M$4.0M$2.0M$0Assets 2011: $888,936Liabilities 2011: $120,000Net Assets 2011: $768,9362011Assets 2012: $889,336Liabilities 2012: $120,000Net Assets 2012: $769,3362012Assets 2013: $876,651Liabilities 2013: $120,000Net Assets 2013: $756,6512013Assets 2014: $933,829Liabilities 2014: $188,000Net Assets 2014: $745,8292014Assets 2015: $922,731Liabilities 2015: $188,000Net Assets 2015: $734,7312015Assets 2016: $911,297Liabilities 2016: $188,000Net Assets 2016: $723,2972016Assets 2017: $967,777Liabilities 2017: $256,000Net Assets 2017: $711,7772017Assets 2018: $1,072,573Liabilities 2018: $374,508Net Assets 2018: $698,0652018Assets 2019: $4,170,595Liabilities 2019: $3,028,246Net Assets 2019: $1,142,3492019Assets 2020: $4,300,460Liabilities 2020: $3,142,077Net Assets 2020: $1,158,3832020Assets 2021: $4,270,847Liabilities 2021: $3,135,275Net Assets 2021: $1,135,5722021Assets 2022: $4,265,794Liabilities 2022: $3,153,374Net Assets 2022: $1,112,4202022Assets 2023: $4,263,213Liabilities 2023: $3,152,230Net Assets 2023: $1,110,9832023Assets 2024: $4,268,901Liabilities 2024: $3,164,302Net Assets 2024: $1,104,5992024

Highlighted filing

2024

Assets$4,268,901
Liabilities$3,164,302
Net Assets$1,104,599

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$600K$400K$200K$0-$200KRevenue 2011: $1,823Expenses 2011: $10,268Net Income 2011: -$8,4452011Revenue 2012: $11,161Expenses 2012: $10,762Net Income 2012: $3992012Revenue 2013: $301Expenses 2013: $12,986Net Income 2013: -$12,6852013Revenue 2014: $996Expenses 2014: $11,818Net Income 2014: -$10,8222014Revenue 2015: $989Expenses 2015: $12,087Net Income 2015: -$11,0982015Revenue 2016: $141Expenses 2016: $11,575Net Income 2016: -$11,4342016Revenue 2017: $95Expenses 2017: $11,615Net Income 2017: -$11,5202017Revenue 2018: $87Expenses 2018: $14,299Net Income 2018: -$14,2122018Revenue 2019: $461,113Expenses 2019: $16,829Net Income 2019: $444,2842019Revenue 2020: $110,785Expenses 2020: $94,751Net Income 2020: $16,0342020Revenue 2021: $89,704Expenses 2021: $112,515Net Income 2021: -$22,8112021Revenue 2022: $82,445Expenses 2022: $105,598Net Income 2022: -$23,1532022Revenue 2023: $83,098Expenses 2023: $84,535Net Income 2023: -$1,4372023Revenue 2024: $91,759Expenses 2024: $98,143Net Income 2024: -$6,3842024

Highlighted filing

2024

Revenue$91,759
Expenses$98,143
Net Income-$6,384

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$4.27$3.16$1.10$0.09$0.10$0.01
2023Detailed filing. Detailed filing data is available for this year.$4.26$3.15$1.11$0.08$0.08$0.00
2022Detailed filing. Detailed filing data is available for this year.$4.27$3.15$1.11$0.08$0.11$0.02
2021Detailed filing. Detailed filing data is available for this year.$4.27$3.14$1.14$0.09$0.11$0.02
2020Detailed filing. Detailed filing data is available for this year.$4.30$3.14$1.16$0.11$0.09$0.02
2019Detailed filing. Detailed filing data is available for this year.$4.17$3.03$1.14$0.46$0.02$0.44
2018Summary only. Only limited summary data is available for this year.$1.07$0.37$0.70$0.00$0.01$0.01
2017Summary only. Only limited summary data is available for this year.$0.97$0.26$0.71$0.00$0.01$0.01
2016Summary only. Only limited summary data is available for this year.$0.91$0.19$0.72$0.00$0.01$0.01
2015Summary only. Only limited summary data is available for this year.$0.92$0.19$0.73$0.00$0.01$0.01
2014Summary only. Only limited summary data is available for this year.$0.93$0.19$0.75$0.00$0.01$0.01
2013Summary only. Only limited summary data is available for this year.$0.88$0.12$0.76$0.00$0.01$0.01
2012Summary only. Only limited summary data is available for this year.$0.89$0.12$0.77$0.01$0.01$0.00
2011Summary only. Only limited summary data is available for this year.$0.89$0.12$0.77$0.00$0.01$0.01
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Aug 28, 2025
Return Version
2024v5.2
Gross Receipts
$91,759
Mission and Program Overview

Mission

Advocate for and construct affordable housing in north haven, ct

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$3,518,531$3,518,531→ $0
Other Notes and Loans Receivable, Net$597,350$597,350→ $0
Savings and Temporary Cash Investments$141,066$136,746▼ $4,320
Prepaid Expenses and Deferred Charges$1,974$11,020▲ $9,046
Accounts Receivable$3,073$2,751▼ $322
Cash and Non-Interest-Bearing Accounts$1,219$2,503▲ $1,284
Total Assets$4,263,213$4,268,901▲ $5,688
Liabilities
Mortgage Notes Payable Secured by Investment Property$3,124,500$3,124,500→ $0
Accounts Payable and Accrued Expenses$21,438$32,956▲ $11,518
Other Liabilities$6,292$6,846▲ $554
Total Liabilities$3,152,230$3,164,302▲ $12,072
Net Assets / Fund Balance
Net Assets With Donor Restrictions$685,081$685,081→ $0
Net Assets Without Donor Restrictions$425,902$419,518▼ $6,384
Total Net Assets Fund Balance$1,110,983$1,104,599▼ $6,384
Total Liabilities and Net Assets / Fund Balance$4,263,213$4,268,901▲ $5,688

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$3,097,895--
Land$420,636--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Marjorie Allen DausterPresident
Sandra StetsonVice President
Susan ComptonSecretary
Lorraine MartinTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$91,754
Investment Income
$5
Other Revenue
$0
Change in Net Assets
$-6,384

Audited Revenue Reconciliation

Revenue per Audited Statements
$91,759
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$91,759
Total Revenue per Form 990
$91,759
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$77,199
Salaries, Compensation, and Employee Benefits$20,944
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$20,944--$20,944
All Other Expenses$13,963--$13,963
Insurance$11,453--$11,453
Other Expenses$6,777--$6,777
Fees for Services Legal$6,039--$6,039
Fees for Services Management$4,265--$4,265
Fees for Services Accounting$1,673--$1,673
Office Expenses$789--$789
Information Technology$600--$600
Total Functional Expenses$98,143$0$0$98,143

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$98,143
Total Expenses per Audited Statements$98,143
Total Expenses per Form 990$98,143
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Security Deposit$6,716
Prepaid Rent$130
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

The 990 is presented to the board of directors at its regular meeting prior to filing. The entire document is reviewed by them and any questions are addressed.

Form 990, Part VI, Section C, Line 18

UPON REQUEST

Form 990, Part VI, Section C, Line 19

UPON REQUEST

Filing and Contact Details

Filer

Filer Name
North Haven Opportunity for Affordable
EIN
06-1384957
Phone
2032482324
Address
90 RIDGEWOOD AVE, NORTH HAVEN, CT 06473

Signing Officer

Name
Lorraine Martin
Title
Treasurer
Phone
2032482324
Signed
2025-08-28
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Lorraine Martin
Formed
1993
Legal Domicile
Ct
Voting Board Members
4
Independent Board Members
4
Employees
0
Volunteers
6

Preparer

Firm
Bailey Moore Glazer Schaefer Proto Llp
Address
16 LUNAR DRIVE, WOODBRIDGE, CT 06525-2232
Preparer
John F Onofrio CPA
Phone
2033977700
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E

Snow removal: program service expenses 5,200. Management and general expenses 0. Fundraising expenses 0. Total expenses 5,200. Repairs: program service expenses 4,709. Management and general expenses 0. Fundraising expenses 0. Total expenses 4,709. Trash removal: program service expenses 3,969. Management and general expenses 0. Fundraising expenses 0. Total expenses 3,969. Exterminating contract: program service expenses 85. Management and general expenses 0. Fundraising expenses 0. Total expenses 85.

Financial Statement Notes

Schedule D Part VI Line 11A and 11B

Land and building costs at 518 clintonville road north haven, connecticut on which 8 units of affordable housing is being developed

Raw XML Appendix355 raw XML fields

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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IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0236
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0338
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0821
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0433096
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.96680
IRS990ScheduleA/PublicSupportPY170Pct00.99790
IRS990ScheduleA/PublicSupportTotal170Amt023874
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt023874
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt023874
IRS990ScheduleA/TotalSupportAmt024695
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt03097895
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt03097895
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt098143
IRS990ScheduleD/LandGrp/BookValueAmt0420636
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt0420636
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt06716
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1130
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0SECURITY DEPOSIT
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1PREPAID RENT
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt091759
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0LAND AND BUILDING COSTS AT 518 CLINTONVILLE ROAD NORTH HAVEN, CONNECTICUT ON WHICH 8 UNITS OF AFFORDABLE HOUSING IS BEING DEVELOPED
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D PART VI LINE 11A AND 11B
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03518531
IRS990ScheduleD/TotalExpensesPerForm990Amt098143
IRS990ScheduleD/TotalLiabilityAmt06846
IRS990ScheduleD/TotalRevenuePerForm990Amt091759
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt091759
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt098143
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE 990 IS PRESENTED TO THE BOARD OF DIRECTORS AT ITS REGULAR MEETING PRIOR TO FILING. THE ENTIRE DOCUMENT IS REVIEWED BY THEM AND ANY QUESTIONS ARE ADDRESSED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3SNOW REMOVAL: PROGRAM SERVICE EXPENSES 5,200. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 5,200. REPAIRS: PROGRAM SERVICE EXPENSES 4,709. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 4,709. TRASH REMOVAL: PROGRAM SERVICE EXPENSES 3,969. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 3,969. EXTERMINATING CONTRACT: PROGRAM SERVICE EXPENSES 85. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 85.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART IX, LINE 24E
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt04263213
IRS990/TotalAssetsEOYAmt04268901
IRS990/TotalAssetsGrp/BOYAmt04263213
IRS990/TotalAssetsGrp/EOYAmt04268901
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt098143
IRS990/TotalFunctionalExpensesGrp/TotalAmt098143
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt03152230
IRS990/TotalLiabilitiesEOYAmt03164302
IRS990/TotalLiabilitiesGrp/BOYAmt03152230
IRS990/TotalLiabilitiesGrp/EOYAmt03164302
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01110983
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01104599
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt098143
IRS990/TotalProgramServiceRevenueAmt091754
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt05
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt091754
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt091759
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt06
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt04263213
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt04268901
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt090 RIDGEWOOD AVE
IRS990/USAddress/CityNm0NORTH HAVEN
IRS990/USAddress/StateAbbreviationCd0CT
IRS990/USAddress/ZIPCd006473
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt04
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0LORRAINE MARTIN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum02032482324
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-08-28
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0NORTH HAVEN OPPORTUNITY FOR AFFORDABLE
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0HOUSING INC
ReturnHeader/Filer/BusinessNameControlTxt0NORT
ReturnHeader/Filer/EIN0061384957
ReturnHeader/Filer/PhoneNum02032482324
ReturnHeader/Filer/USAddress/AddressLine1Txt090 RIDGEWOOD AVE
ReturnHeader/Filer/USAddress/CityNm0NORTH HAVEN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CT
ReturnHeader/Filer/USAddress/ZIPCd006473
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0060674931
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BAILEY MOORE GLAZER SCHAEFER PROTO LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt016 LUNAR DRIVE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WOODBRIDGE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0065252232
ReturnHeader/PreparerPersonGrp/PhoneNum02033977700
ReturnHeader/PreparerPersonGrp/PreparationDt02025-08-27
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JOHN F ONOFRIO CPA
ReturnHeader/ReturnTs02025-09-08T11:48:56-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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