Civic Intelligence

Chestnut Hill Housing Inc

EIN 06-1451581 • 501(c)3 • North Haven, CT

Profile

To provide low income, subsidized elderly housing

127 Washington Avenue 5th FL EastNorth Haven, CT 06473

ehmchm.org/PROPERTIES

Siviq Scores

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

Liabilities / Assets

45th percentile

0.04x

Higher debt load relative to assets than 45% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

66th percentile

0.20x

Higher debt load relative to revenue than 66% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

18th percentile

-15%

Higher net margin than 18% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

32nd percentile

-1.9%

Faster asset growth than 32% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

36th percentile

0.2%

Faster revenue growth than 36% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Down

$4,387,728

Down $83,490 (-1.9%) from 2023

Liabilities

Up

$197,258

Up $66,458 (+51%) from 2023

Net Assets

Down

$4,190,470

Down $149,948 (-3.5%) from 2023

Revenue

Up

$1,007,907

Up $1,724 (+0.2%) from 2023

Expenses

Up

$1,157,855

Up $100,567 (+9.5%) from 2023

Net Income

Down

-$149,948

Down $98,843 (-193%) 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: $5,860,221Liabilities 2011: $57,620Net Assets 2011: $5,802,6012011Assets 2012: $5,668,269Liabilities 2012: $45,308Net Assets 2012: $5,622,9612012Assets 2013: $5,487,011Liabilities 2013: $50,061Net Assets 2013: $5,436,9502013Assets 2014: $5,359,514Liabilities 2014: $84,553Net Assets 2014: $5,274,9612014Assets 2015: $5,201,023Liabilities 2015: $83,829Net Assets 2015: $5,117,1942015Assets 2016: $5,057,972Liabilities 2016: $71,306Net Assets 2016: $4,986,6662016Assets 2017: $4,970,427Liabilities 2017: $82,914Net Assets 2017: $4,887,5132017Assets 2018: $4,836,794Liabilities 2018: $77,535Net Assets 2018: $4,759,2592018Assets 2019: $4,725,699Liabilities 2019: $67,828Net Assets 2019: $4,657,8712019Assets 2020: $4,671,061Liabilities 2020: $75,523Net Assets 2020: $4,595,5382020Assets 2021: $4,633,141Liabilities 2021: $143,790Net Assets 2021: $4,489,3512021Assets 2022: $4,497,378Liabilities 2022: $105,855Net Assets 2022: $4,391,5232022Assets 2023: $4,471,218Liabilities 2023: $130,800Net Assets 2023: $4,340,4182023Assets 2024: $4,387,728Liabilities 2024: $197,258Net Assets 2024: $4,190,4702024

Highlighted filing

2024

Assets$4,387,728
Liabilities$197,258
Net Assets$4,190,470

Operations Trend

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

$1.5M$1.0M$500K$0-$500KExpenses 2011: $852,9292011Expenses 2012: $902,7422012Revenue 2013: $736,311Expenses 2013: $922,322Net Income 2013: -$186,0112013Revenue 2014: $806,341Expenses 2014: $968,329Net Income 2014: -$161,9882014Revenue 2015: $824,898Expenses 2015: $982,665Net Income 2015: -$157,7672015Revenue 2016: $855,379Expenses 2016: $985,905Net Income 2016: -$130,5262016Revenue 2017: $878,503Expenses 2017: $977,656Net Income 2017: -$99,1532017Revenue 2018: $888,676Expenses 2018: $1,016,930Net Income 2018: -$128,2542018Revenue 2019: $883,656Expenses 2019: $985,044Net Income 2019: -$101,3882019Revenue 2020: $942,791Expenses 2020: $1,005,124Net Income 2020: -$62,3332020Revenue 2021: $929,252Expenses 2021: $1,035,439Net Income 2021: -$106,1872021Revenue 2022: $982,995Expenses 2022: $1,080,823Net Income 2022: -$97,8282022Revenue 2023: $1,006,183Expenses 2023: $1,057,288Net Income 2023: -$51,1052023Revenue 2024: $1,007,907Expenses 2024: $1,157,855Net Income 2024: -$149,9482024

Highlighted filing

2024

Revenue$1,007,907
Expenses$1,157,855
Net Income-$149,948

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.39$0.20$4.19$1.01$1.16$0.15
2023Detailed filing. Detailed filing data is available for this year.$4.47$0.13$4.34$1.01$1.06$0.05
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.50$0.11$4.39$0.98$1.08$0.10
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.63$0.14$4.49$0.93$1.04$0.11
2020Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$4.67$0.08$4.60$0.94$1.01$0.06
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.73$0.07$4.66$0.88$0.99$0.10
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.84$0.08$4.76$0.89$1.02$0.13
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.97$0.08$4.89$0.88$0.98$0.10
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.06$0.07$4.99$0.86$0.99$0.13
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.20$0.08$5.12$0.82$0.98$0.16
2014Detailed filing. Detailed filing data is available for this year.$5.36$0.08$5.27$0.81$0.97$0.16
2013Detailed filing. Detailed filing data is available for this year.$5.49$0.05$5.44$0.74$0.92$0.19
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.67$0.05$5.62$0.90
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.86$0.06$5.80$0.85
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 29, 2025
Return Version
2024v5.0
Gross Receipts
$1,007,907
Mission and Program Overview

Mission

To provide low income, subsidized elderly housing

Low income elderly housing

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$3,627,967$3,463,617▼ $164,350
Savings and Temporary Cash Investments$741,865$858,268▲ $116,403
Cash and Non-Interest-Bearing Accounts$26,926$17,149▼ $9,777
Accounts Receivable$32,708$7,913▼ $24,795
Prepaid Expenses and Deferred Charges$4,442$6,142▲ $1,700
Total Assets$4,471,218$4,387,728▼ $83,490
Other Assets Total$37,310$34,639▼ $2,671
Liabilities
Accounts Payable and Accrued Expenses$95,599$164,458▲ $68,859
Other Liabilities$35,201$32,800▼ $2,401
Total Liabilities$130,800$197,258▲ $66,458
Net Assets / Fund Balance
Net Assets With Donor Restrictions$7,526,700$7,526,700→ $0
Net Assets Without Donor Restrictions$-3,186,282$-3,336,230▼ $149,948
Total Net Assets Fund Balance$4,340,418$4,190,470▼ $149,948
Total Liabilities and Net Assets / Fund Balance$4,471,218$4,387,728▼ $83,490

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,867,524$4,330,392$7,197,916
Land$595,000-$595,000
Other Land Buildings$1,093$73,456$74,549
Equipment-$23,097$23,097
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,007,433
Investment Income
$474
Other Revenue
$0
Change in Net Assets
$-149,948

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,007,907
Total Revenue per Audited Statements
$1,007,907
Total Revenue per Form 990
$1,007,907
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$923,393
Salaries, Compensation, and Employee Benefits$234,462
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$208,491$1,649-$210,140
Depreciation Depletion$191,413$1,934-$193,347
Other Salaries and Wages$184,628--$184,628
Fees for Services Management-$77,922-$77,922
Office Expenses-$69,315-$69,315
Insurance$49,980--$49,980
Other Employee Benefits$35,344--$35,344
Fees for Services Accounting-$27,327-$27,327
Payroll Taxes$14,490--$14,490
Advertising-$1,000-$1,000
Conferences and Meetings-$933-$933
Other Expenses$290--$290
All Other Expenses$73--$73
Total Functional Expenses$977,775$180,080$0$1,157,855

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,157,855
Total Expenses per Audited Statements$1,157,855
Total Expenses per Form 990$1,157,855
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 Deposits$32,800
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Page 6, Part VI, Line 3

The organization has contracted with elderly housing management to provide property management services for the apartment building. All employees are employees of elderly housing management. Salaries on the 990 represent reimbursements to ehm for employees who work on-site at the organizations apartment facility. Ehm provides all management, accounting, and maintenance services related to the property.

Form 990, Page 6, Part VI, Line 6

The members of the corporation are the members of the board of directors, in office from time to time, of new samaritan corporation. These members have the power to remove, with or without cause, the directors of the corporation.

Form 990, Page 6, Part VI, Line 7A

The members of the corporation are the members of the board of directors, in office from time to time, of new samaritan corporation. These members have the power to remove, with or without cause, the directors of the corporation.

Form 990, Page 6, Part VI, Line 11B

A draft copy of the 990 was provided to the board at the same time the audit draft was submitted. The board was requested to review the 990 and provide input on the completion of the final form.

Form 990, Page 6, Part VI, Line 12C

This required by hud and is reviewed by hud.

Form 990, Page 6, Part VI, Line 19

Available upon written request.

Filing and Contact Details

Filer

Filer Name
Chestnut Hill Housing Inc
EIN
06-1451581
Phone
2038791658
Address
127 WASHINGTON AVENUE 5TH FL EAST, NORTH HAVEN, CT 06473
Doing Business As
Chestnut Hill

Signing Officer

Name
Kelly Mcdermott
Title
President
Phone
2038791658
Signed
2025-05-29

Organization Details

Principal Officer
Kelly Mcdermott
Formed
1995
Legal Domicile
Ct
Voting Board Members
7
Independent Board Members
7
Employees
0

Preparer

Firm
Maddox & Associates Apc
Address
5627 BANKERS AVE BLDG 2, BATON ROUGE, LA 70808-2610
Preparer
William B Beale
Phone
2259263360
Raw XML AppendixShowing 400 of 504 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HAS CONTRACTED WITH ELDERLY HOUSING MANAGEMENT TO PROVIDE PROPERTY MANAGEMENT SERVICES FOR THE APARTMENT BUILDING. ALL EMPLOYEES ARE EMPLOYEES OF ELDERLY HOUSING MANAGEMENT. SALARIES ON THE 990 REPRESENT REIMBURSEMENTS TO EHM FOR EMPLOYEES WHO WORK ON-SITE AT THE ORGANIZATIONS APARTMENT FACILITY. EHM PROVIDES ALL MANAGEMENT, ACCOUNTING, AND MAINTENANCE SERVICES RELATED TO THE PROPERTY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE MEMBERS OF THE CORPORATION ARE THE MEMBERS OF THE BOARD OF DIRECTORS, IN OFFICE FROM TIME TO TIME, OF NEW SAMARITAN CORPORATION. THESE MEMBERS HAVE THE POWER TO REMOVE, WITH OR WITHOUT CAUSE, THE DIRECTORS OF THE CORPORATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE MEMBERS OF THE CORPORATION ARE THE MEMBERS OF THE BOARD OF DIRECTORS, IN OFFICE FROM TIME TO TIME, OF NEW SAMARITAN CORPORATION. THESE MEMBERS HAVE THE POWER TO REMOVE, WITH OR WITHOUT CAUSE, THE DIRECTORS OF THE CORPORATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3A DRAFT COPY OF THE 990 WAS PROVIDED TO THE BOARD AT THE SAME TIME THE AUDIT DRAFT WAS SUBMITTED. THE BOARD WAS REQUESTED TO REVIEW THE 990 AND PROVIDE INPUT ON THE COMPLETION OF THE FINAL FORM.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THIS REQUIRED BY HUD AND IS REVIEWED BY HUD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5AVAILABLE UPON WRITTEN REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 3
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0ELDERLY HOUSING MANAGEMENT
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1NEW SAMARITAN CORPORATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt2NEW MEADOW ELDERLY HOUSING
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt3NEW SAMARITAN DEVELOPMENT CORP
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt4HILLSIDE ELDERLY HOUSING
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt5NEW MILFORD INTERFAITH HOUSING INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt6NEW SAMARITAN PARKVILLE
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0127 WASHINGTON AVE 5TH FL EAST
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt1127 WASHINGTON AVE 5TH FL EAST
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt2127 WASHINGTON AVE 5TH FL EAST
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt3127 WASHINGTON AVE 5TH FL EAST
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt4127 WASHINGTON AVE 5TH FL EAST
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt5127 WASHINGTON AVE 5TH FL EAST
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt6127 WASHINGTON AVE 5TH FL EAST
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0NORTH HAVEN
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