Civic Intelligence

The Glendower Group Inc

990 • Fiscal year 2020 • EIN 06-1637790

Oct 01, 2019 to Sep 30, 2020 • Filed on Aug 03, 2021

360 Orange StreetNew Haven, CT 06511

(203) 498-8800

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

53rd percentile

0.26x

Higher debt load relative to assets than 53% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Liabilities / Revenue

83rd percentile

1.31x

Higher debt load relative to revenue than 83% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Net Margin

91st percentile

49%

Higher net margin than 91% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Top Officer Pay

73rd percentile

$259,766

Higher top officer pay than 73% of similar nonprofits.

Top officer pay equals 5.8% of source-year revenue.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Asset Growth

8th percentile

-8.4%

Faster asset growth than 8% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2019 to 2020

Revenue Growth

90th percentile

54%

Faster revenue growth than 90% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2019 to 2020

Assets

Down

$22,734,403

Down $2,073,577 (-8.4%) from 2019

Net Assets

Up

$16,882,500

Up $2,212,380 (+15%) from 2019

Liabilities

Down

$5,851,903

Down $4,285,957 (-42%) from 2019

Revenue

Up

$4,481,935

Up $1,580,395 (+54%) from 2019

Expenses

Up

$2,269,555

Up $230,992 (+11%) from 2019

Net Income

Up

$2,212,380

Up $1,349,403 (+156%) from 2019

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$30M$20M$10M$0Assets 2010: $3,957,507Liabilities 2010: $1,461,585Net Assets 2010: $2,495,9222010Assets 2011: $4,813,491Liabilities 2011: $1,144,006Net Assets 2011: $3,669,4852011Assets 2012: $5,683,015Liabilities 2012: $1,203,622Net Assets 2012: $4,479,3932012Assets 2013: $10,473,491Liabilities 2013: $2,337,290Net Assets 2013: $8,136,2012013Assets 2014: $11,046,925Liabilities 2014: $4,505,871Net Assets 2014: $6,541,0542014Assets 2015: $11,173,529Liabilities 2015: $4,503,617Net Assets 2015: $6,669,9122015Assets 2016: $14,698,495Liabilities 2016: $4,472,989Net Assets 2016: $10,225,5062016Assets 2017: $15,972,860Liabilities 2017: $4,412,105Net Assets 2017: $11,560,7552017Assets 2018: $19,916,822Liabilities 2018: $6,109,679Net Assets 2018: $13,807,1432018Assets 2019: $24,807,980Liabilities 2019: $10,137,860Net Assets 2019: $14,670,1202019Assets 2020: $22,734,403Liabilities 2020: $5,851,903Net Assets 2020: $16,882,5002020Assets 2021: $23,852,666Liabilities 2021: $6,867,657Net Assets 2021: $16,985,0092021Assets 2022: $25,040,145Liabilities 2022: $7,340,293Net Assets 2022: $17,699,8522022Assets 2023: $19,869,891Liabilities 2023: $5,913,560Net Assets 2023: $13,956,3312023Assets 2024: $23,996,269Liabilities 2024: $8,752,302Net Assets 2024: $15,243,9672024

Highlighted filing

2020

Assets$22,734,403
Liabilities$5,851,903
Net Assets$16,882,500

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$10M$5.0M$0-$5.0MExpenses 2010: $138,6312010Expenses 2011: $179,6252011Expenses 2012: $552,9492012Revenue 2013: $5,312,462Expenses 2013: $1,655,654Net Income 2013: $3,656,8082013Revenue 2014: $1,063,439Expenses 2014: $2,658,586Net Income 2014: -$1,595,1472014Revenue 2015: $2,152,465Expenses 2015: $2,023,607Net Income 2015: $128,8582015Revenue 2016: $5,749,926Expenses 2016: $2,194,332Net Income 2016: $3,555,5942016Revenue 2017: $3,790,563Expenses 2017: $2,455,314Net Income 2017: $1,335,2492017Revenue 2018: $5,195,148Expenses 2018: $2,948,760Net Income 2018: $2,246,3882018Revenue 2019: $2,901,540Expenses 2019: $2,038,563Net Income 2019: $862,9772019Revenue 2020: $4,481,935Expenses 2020: $2,269,555Net Income 2020: $2,212,3802020Revenue 2021: $3,601,699Expenses 2021: $3,499,190Net Income 2021: $102,5092021Revenue 2022: $3,766,863Expenses 2022: $3,052,020Net Income 2022: $714,8432022Revenue 2023: $1,539,625Expenses 2023: $5,283,146Net Income 2023: -$3,743,5212023Revenue 2024: $4,579,444Expenses 2024: $3,278,444Net Income 2024: $1,301,0002024

Highlighted filing

2020

Revenue$4,481,935
Expenses$2,269,555
Net Income$2,212,380
Jump To
Filing Snapshot
Filing Period
Oct 1, 2019 to Sep 30, 2020
Signed
Aug 3, 2021
Return Version
2019v5.2
Gross Receipts
$4,481,935
Mission and Program Overview

Mission

The corporation is organized and will be operated exclusively for charitable purposes, including the promotion and advancement of neighborhood economic development. Furtherance of the foregoing purposes, the corporation's specific purposes shall be: to supportredevelopment activities of the housing authority of the city of new haven for the benefit of the low income residents, not precluding the corporation from engaging in development activities on its own and with entities other than the authority, develop decent and affordable housing for low and moderate income families, acquisition, finance and otherwise deal in affordable projects.

The corporation is organized and will be operated exclusively for charitable purposes, including the promotion and advancement of neighborhood economic development. Furtherance of the foregoing purposes, the corporation's specific purposes shall be: to support redevelopment activities of the housing authority of the city of new haven for the benefit of the low income residents, not precluding the corporation from engaging in development activities on its own and with entities other than the authority, develop decent and affordable housing for low and moderate income families, acquisition, finance and otherwise deal in affordable projects.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$15,806,155$14,164,476▼ $1,641,679
Land, Buildings, and Equipment, Net$3,204,784$3,142,366▼ $62,418
Cash and Non-Interest-Bearing Accounts$1,268,438$1,738,809▲ $470,371
Savings and Temporary Cash Investments$1,563,431$1,566,157▲ $2,726
Accounts Receivable$2,328,674$1,537,680▼ $790,994
Investments Program Related$338,671$338,671→ $0
Inventories for Sale or Use$108,002--
Prepaid Expenses and Deferred Charges-$618-
Total Assets$24,807,980$22,734,403▼ $2,073,577
Other Assets Total$189,825$245,626▲ $55,801
Liabilities
Unsecured Notes Loans Payable$2,532,212$2,532,212→ $0
Other Liabilities$6,328,990$1,969,634▼ $4,359,356
Deferred Revenue$1,004,494$1,126,210▲ $121,716
Accounts Payable and Accrued Expenses$272,164$223,847▼ $48,317
Total Liabilities$10,137,860$5,851,903▼ $4,285,957
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$14,670,120$16,882,500▲ $2,212,380
Total Net Assets Fund Balance$14,670,120$16,882,500▲ $2,212,380
Total Liabilities and Net Assets / Fund Balance$24,807,980$22,734,403▼ $2,073,577

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,044,208$452,519$2,496,727
Land$1,098,158-$1,098,158
Compensation and Service Providers

Board Members and Trustees

NameTitle
Karen Dubois-waltonPresident
Arthur W ThomasDirector
Rainbow LinCFO
John RaffertyTreasurer
Shenae DraughnVP/secretary

Highest Paid Contractors

ContractorServicesLocationCompensation
Housing Authority Of The City Of New HavAdministrative Fees360 ORANGE STREET, New Haven, CT 06511$368,703
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$4,242,330
Investment Income
$80,893
Other Revenue
$158,712
Change in Net Assets
$2,212,380
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,277,043
Other Expenses$992,512
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$953,031--$953,031
Fees for Services Management-$368,703-$368,703
Other Employee Benefits$196,969--$196,969
Fees for Services Legal$70,655$17,333-$87,988
Pension Plan Contributions$70,005--$70,005
Depreciation Depletion$62,418--$62,418
Payroll Taxes$57,038--$57,038
Fees for Services Accounting-$54,500-$54,500
Fees for Services Other$42,570--$42,570
All Other Expenses$30,932--$30,932
Insurance$16,083--$16,083
Other Expenses$9,606--$9,606
Office Expenses$9,334--$9,334
Interest$7,307--$7,307
Advertising$4,601--$4,601
Occupancy$3,652--$3,652
Travel$2,400--$2,400
Total Functional Expenses$1,829,019$440,536$0$2,269,555
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
Due to Related Party$1,940,634
Accrued Interest$29,000
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
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 8B

There are no committees with authority to act on behalf of the governing body

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

Once received, the 990 is given to hanh's cfo, hanh's executive director, and glendower's president for review and comment. It is then provided to the board of glendower, reviewed, and voted on for approval.

Form 990, Part VI, Section B, Line 12C

Organization related to governmental unit which has the policy that requires employees to sign an annual conflict of interest statment in which any conflict which "might create or appear to create a conflict of interest" will be disclosed "as soon as practicable after inception of such activity, interest or relationship".

Form 990, Part VI, Section C, Line 19

UPON REQUEST

Filing and Contact Details

Filer

Filer Name
The Glendower Group Inc
EIN
06-1637790
Phone
2034988800
Address
360 ORANGE STREET, NEW HAVEN, CT 06511

Signing Officer

Name
John Rafferty
Title
Board Treasurer
Phone
2034988800
Signed
2021-08-03
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Karen Dubois-walton
Formed
2001
Legal Domicile
Ct
Voting Board Members
4
Independent Board Members
1
Employees
25
Volunteers
0

Preparer

Firm
Marcum Llp
Address
53 STATE STREET, BOSTON, MA 02109
Preparer
David Fontaine
Phone
6178075000
Supplemental Narrative

Additional Explanations

FORM 990, PART IX, LINE 7:

The salaries included on part ix line 7 represent compensation paid to glendower employees as well as an allocation of compensation for employees of the housing authority of new haven for services provided to glendower.

FORM 990, PART XII, LINE 2C:

The annual audited financial statements are approved by the board and finance committee. There have been no changes to the approval process from the prior year.

Financial Statement Notes

PART X, LINE 2:

Glendower qualifies as an organization formed for charitable purposes under section 501(c)(3) of the irc and therefore is not subject to income tax. Glendower is not a private foundation under section 509(a)(2). Certain unrelated business income, as defined in the irc is subject to federal income tax. For the years ended september 30, 2020 and 2019, there was no liability for tax on unrelated business income. While no informational returns are currently being examined by the internal revenue service, the three previous tax years remain open. No interest or penalties from federal or state tax authorities were recorded in the accompanying financial statements.

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IRS990/OtherExpensesGrp/Desc2RELOCATION
IRS990/OtherExpensesGrp/Desc3TELEPHONE
IRS990/OtherExpensesGrp/ProgramServicesAmt0234997
IRS990/OtherExpensesGrp/ProgramServicesAmt132260
IRS990/OtherExpensesGrp/ProgramServicesAmt225161
IRS990/OtherExpensesGrp/ProgramServicesAmt39606
IRS990/OtherExpensesGrp/TotalAmt0234997
IRS990/OtherExpensesGrp/TotalAmt132260
IRS990/OtherExpensesGrp/TotalAmt225161
IRS990/OtherExpensesGrp/TotalAmt39606
IRS990/OtherLiabilitiesGrp/BOYAmt06328990
IRS990/OtherLiabilitiesGrp/EOYAmt01969634
IRS990/OtherRevenueMiscGrp/BusinessCd0531190
IRS990/OtherRevenueMiscGrp/Desc0OTHER INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0158712
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0158712
IRS990/OtherRevenueTotalAmt0158712
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0953031
IRS990/OtherSalariesAndWagesGrp/TotalAmt0953031
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt015806155
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt014164476
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ProgramServicesAmt057038
IRS990/PayrollTaxesGrp/TotalAmt057038
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt070005
IRS990/PensionPlanContributionsGrp/TotalAmt070005
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0618
IRS990/PrincipalOfficerNm0KAREN DUBOIS-WALTON
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531390
IRS990/ProgramServiceRevenueGrp/BusinessCd1531390
IRS990/ProgramServiceRevenueGrp/Desc0DEVELOPER FEES
IRS990/ProgramServiceRevenueGrp/Desc1RENTAL REVENUE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt04179202
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt163128
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt04179202
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt163128
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt076719
IRS990/PYOtherExpensesAmt0939411
IRS990/PYOtherRevenueAmt0515914
IRS990/PYProgramServiceRevenueAmt02308907
IRS990/PYRevenuesLessExpensesAmt0862977
IRS990/PYSalariesCompEmpBnftPaidAmt01099152
IRS990/PYTotalExpensesAmt02038563
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt02901540
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt02212380
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd01
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt04481935
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01563431
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01566157
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt080893
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt076719
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0157612
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt04242330
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt02308907
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt03310824
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt03756447
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt05719926
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt019338434
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt080893
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt076719
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0157612
IRS990ScheduleA/InvestmentIncomeCYPct00.00710
IRS990ScheduleA/InvestmentIncomePYPct00.00390
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt0158712
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt0515914
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt01884324
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt04116
IRS990ScheduleA/OtherIncome509Grp/TotalAmt02563066
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.87620
IRS990ScheduleA/PublicSupportPY509Pct00.87350
IRS990ScheduleA/PublicSupportTotal509Amt019327301
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt07489
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt03644
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt011133
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus2YearsAmt07489
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus3YearsAmt03644
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt011133
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt04242330
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt02308907
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt03310824
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt03756447
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt05719926
IRS990ScheduleA/Total509Grp/TotalAmt019338434
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt04481935
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt02901540
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt05195148
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt03760563
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt05719926
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt022059112
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt02044208
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0452519
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02496727
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt01098158
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt01098158
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01940634
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt129000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO RELATED PARTY
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1ACCRUED INTEREST
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0GLENDOWER QUALIFIES AS AN ORGANIZATION FORMED FOR CHARITABLE PURPOSES UNDER SECTION 501(C)(3) OF THE IRC AND THEREFORE IS NOT SUBJECT TO INCOME TAX. GLENDOWER IS NOT A PRIVATE FOUNDATION UNDER SECTION 509(A)(2). CERTAIN UNRELATED BUSINESS INCOME, AS DEFINED IN THE IRC IS SUBJECT TO FEDERAL INCOME TAX. FOR THE YEARS ENDED SEPTEMBER 30, 2020 AND 2019, THERE WAS NO LIABILITY FOR TAX ON UNRELATED BUSINESS INCOME. WHILE NO INFORMATIONAL RETURNS ARE CURRENTLY BEING EXAMINED BY THE INTERNAL REVENUE SERVICE, THE THREE PREVIOUS TAX YEARS REMAIN OPEN. NO INTEREST OR PENALTIES FROM FEDERAL OR STATE TAX AUTHORITIES WERE RECORDED IN THE ACCOMPANYING FINANCIAL STATEMENTS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03142366
IRS990ScheduleD/TotalLiabilityAmt01969634
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0213185
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt1180259
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt2200136
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt024040
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt18176
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt231257
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt022541
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt122541
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0KAREN DUBOIS-WALTON
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1SHENAE DRAUGHN
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm2RAINBOW LIN
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRESIDENT
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1VP/SECRETARY
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt2CFO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0259766
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt1210976
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt2231393
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THERE ARE NO COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ONCE RECEIVED, THE 990 IS GIVEN TO HANH'S CFO, HANH'S EXECUTIVE DIRECTOR, AND GLENDOWER'S PRESIDENT FOR REVIEW AND COMMENT. IT IS THEN PROVIDED TO THE BOARD OF GLENDOWER, REVIEWED, AND VOTED ON FOR APPROVAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ORGANIZATION RELATED TO GOVERNMENTAL UNIT WHICH HAS THE POLICY THAT REQUIRES EMPLOYEES TO SIGN AN ANNUAL CONFLICT OF INTEREST STATMENT IN WHICH ANY CONFLICT WHICH "MIGHT CREATE OR APPEAR TO CREATE A CONFLICT OF INTEREST" WILL BE DISCLOSED "AS SOON AS PRACTICABLE AFTER INCEPTION OF SUCH ACTIVITY, INTEREST OR RELATIONSHIP".
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE SALARIES INCLUDED ON PART IX LINE 7 REPRESENT COMPENSATION PAID TO GLENDOWER EMPLOYEES AS WELL AS AN ALLOCATION OF COMPENSATION FOR EMPLOYEES OF THE HOUSING AUTHORITY OF NEW HAVEN FOR SERVICES PROVIDED TO GLENDOWER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ANNUAL AUDITED FINANCIAL STATEMENTS ARE APPROVED BY THE BOARD AND FINANCE COMMITTEE. THERE HAVE BEEN NO CHANGES TO THE APPROVAL PROCESS FROM THE PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART IX, LINE 7:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XII, LINE 2C:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd01

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$24.0$8.75$15.2$4.58$3.28$1.30
2023Detailed filing. Detailed filing data is available for this year.$19.9$5.91$14.0$1.54$5.28$3.74
2022Detailed filing. Detailed filing data is available for this year.$25.0$7.34$17.7$3.77$3.05$0.71
2021Detailed filing. Detailed filing data is available for this year.$23.9$6.87$17.0$3.60$3.50$0.10
2020Detailed filing. Detailed filing data is available for this year.$22.7$5.85$16.9$4.48$2.27$2.21
2019Detailed filing. Detailed filing data is available for this year.$24.8$10.1$14.7$2.90$2.04$0.86
2018Detailed filing. Detailed filing data is available for this year.$19.9$6.11$13.8$5.20$2.95$2.25
2017Detailed filing. Detailed filing data is available for this year.$16.0$4.41$11.6$3.79$2.46$1.34
2016Detailed filing. Detailed filing data is available for this year.$14.7$4.47$10.2$5.75$2.19$3.56
2015Detailed filing. Detailed filing data is available for this year.$11.2$4.50$6.67$2.15$2.02$0.13
2014Detailed filing. Detailed filing data is available for this year.$11.0$4.51$6.54$1.06$2.66$1.60
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.5$2.34$8.14$5.31$1.66$3.66
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.68$1.20$4.48$0.55
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.81$1.14$3.67$0.18
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.96$1.46$2.50$0.14