Civic Intelligence

Brass City Residences Inc

EIN 46-4912687 • 501(c)3 • Waterbury, CT

Profile

Acquire, develop, manage, rehabilitate, create and preserve affordable housing opportunities for the benefit of low and moderate income individuals and families, to ptomote a viable and dynamic community

2 Lakewood RoadWaterbury, CT 06704
Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2025

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2025

Net Margin

17th percentile

-35%

Higher net margin than 17% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2025

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2025

Asset Growth

33rd percentile

-18%

Faster asset growth than 33% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2024 to 2025

Revenue Growth

83rd percentile

47%

Faster revenue growth than 83% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2024 to 2025

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Up

$192,430

Up $31,196 (+19%) from 2022

Liabilities

$0

No earlier filing loaded for comparison.

Net Assets

-

No earlier filing loaded for comparison.

Operations
Liabilities / RevenueScore unavailableNet Margin17th percentile

Revenue

Up

$71,942

Up $6,000 (+9.1%) from 2022

Expenses

Down

$40,746

Down $9,473 (-19%) from 2022

Net Income

Up

$31,196

Up $15,473 (+98%) from 2022

Trend Graphs

Balance Sheet Trend

Asset Growth33rd percentile

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

$200K$150K$100K$50K$0Assets 2014: $39,282Liabilities 2014: $4,7502014Assets 2015: $46,352Liabilities 2015: $3,7992015Assets 2016: $46,600Liabilities 2016: $3,7992016Assets 2017: $63,335Liabilities 2017: $2,179Net Assets 2017: $61,1562017Assets 2019: $96,807Liabilities 2019: $02019Assets 2020: $125,608Liabilities 2020: $02020Assets 2021: $145,511Net Assets 2021: $145,5112021Assets 2022: $161,234Net Assets 2022: $161,2342022Assets 2023: $192,430Liabilities 2023: $02023

Highlighted filing

2023

Assets$192,430
Liabilities$0
Net Assets-
Open 2023 Filing

Operations Trend

Revenue Growth83rd percentile

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

$80K$60K$40K$20K$0Revenue 2014: $54,035Expenses 2014: $19,503Net Income 2014: $34,5322014Revenue 2015: $66,597Expenses 2015: $58,576Net Income 2015: $8,0212015Revenue 2016: $71,098Expenses 2016: $70,850Net Income 2016: $2482016Revenue 2017: $68,716Expenses 2017: $50,361Net Income 2017: $18,3552017Revenue 2019: $64,025Expenses 2019: $28,374Net Income 2019: $35,6512019Revenue 2020: $70,944Expenses 2020: $42,143Net Income 2020: $28,8012020Revenue 2021: $71,555Expenses 2021: $51,652Net Income 2021: $19,9032021Revenue 2022: $65,942Expenses 2022: $50,219Net Income 2022: $15,7232022Revenue 2023: $71,942Expenses 2023: $40,746Net Income 2023: $31,1962023

Highlighted filing

2023

Revenue$71,942
Expenses$40,746
Net Income$31,196
Open 2023 Filing

Filings

Most recent year

2023 • Form 990EZSummary only. Only limited summary data is available for this year.

Open filing
Assets
$192,430
Liabilities
$0
Net assets
-
Revenue
$71,942
Expenses
$40,746
Net income
$31,196
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$1.92$0.00$0.72$0.41$0.31
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.61$1.61$0.66$0.50$0.16
2021Detailed filing. Detailed filing data is available for this year.$1.46$1.46$0.72$0.52$0.20
2020Summary only. Only limited summary data is available for this year.$1.26$0.00$0.71$0.42$0.29
2019Summary only. Only limited summary data is available for this year.$0.97$0.00$0.64$0.28$0.36
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.63$0.02$0.61$0.69$0.50$0.18
2016Summary only. Only limited summary data is available for this year.$0.47$0.04$0.71$0.71$0.00
2015Summary only. Only limited summary data is available for this year.$0.46$0.04$0.67$0.59$0.08
2014Summary only. Only limited summary data is available for this year.$0.39$0.05$0.54$0.20$0.35
Latest Detailed Filing

The latest 2023 filing currently has summary financial data only. Showing the latest detailed filing from 2021 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Aug 31, 2022
Return Version
2021v4.0
Gross Receipts
$71,555
Mission and Program Overview

Mission

Acquire, develop, manage, rehabilitate, create and preserve affordable housing opportunities for the benefit of low and moderate income individuals and families, to ptomote a viable and dynamic community

Program Services

DescriptionGrantsExpenses
Acquire, develop, manage, rehabilitate, create and preserve affordable housing opportunities for the benefit of low and moderate income individuals and families, to ptomote a viable and dynamic community$51,332-
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Michael GilmorePresidentPT$0--
Nicholas TetreaultSecretaryPT$0--
Belinda WeaverTreasurerPT$0--
Filing and Contact Details

Filer

Filer Name
Brass City Residences Inc
EIN
46-4912687
Phone
2035962660
Address
2 Lakewood Road, Waterbury, CT 06704

Signing Officer

Name
Michael Gilmore
Title
President
Signed
2022-08-31
Discuss with paid preparer
Yes

Preparer

Firm
Ciampi Tax & Financial Services LLC
Address
2278 Waterbury Rd, Cheshire, CT 06410
Preparer
David M Ciampi EA
Phone
2032713801
Supplemental Narrative

Additional Explanations

Other Expenses.1002

“Office Expenses $70”

Other Expenses.1

“Maintenance $15820”

Other Expenses.2

“Crownbrookj project $10000”

Other Expenses.3

“HOUSING SERVICES $6927”

Other Expenses.4

“Repairs $5225”

Other Expenses.5

“EVICTION $1342”

Other Expenses.6

“Supplies $1263”

Other Expenses.7

“APPLIANCES $920”

Other Expenses.8

“Utilities $340”

Raw XML Appendix137 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.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0Kate Noble
IRS990EZ/BooksInCareOfDetail/PhoneNum02035962660
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt02 Lakewood Road
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Waterbury
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CT
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd006704
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0125608
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0145511
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt019903
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt09745
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0125608
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0145511
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GrossReceiptsAmt071555
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0125608
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0145511
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0125608
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0145511
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt010.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt110.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt210.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Michael Gilmore
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Nicholas Tetreault
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Belinda Weaver
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Treasurer
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt041907
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0Acquire, develop, manage, rehabilitate, create and preserve affordable housing opportunities for the benefit of low and moderate income individuals and families, to ptomote a viable and dynamic community
IRS990EZ/ProgramServiceRevenueAmt071555
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Acquire, develop, manage, rehabilitate, create and preserve affordable housing opportunities for the benefit of low and moderate income individuals and families, to ptomote a viable and dynamic community
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt051332
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt051652
IRS990EZ/TotalProgramServiceExpensesAmt051332
IRS990EZ/TotalRevenueAmt071555
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.00000
IRS990ScheduleA/PublicSupportTotal170Amt00
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/TotalSupportAmt00
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Office Expenses $70
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Maintenance $15820
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CROWNBROOKJ PROJECT $10000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3HOUSING SERVICES $6927
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Repairs $5225
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5EVICTION $1342
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Supplies $1263
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7APPLIANCES $920
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Utilities $340
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1002
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Expenses.4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Other Expenses.5
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Other Expenses.6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Other Expenses.7
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Other Expenses.8
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Michael Gilmore
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-08-31
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Brass City Residences Inc
ReturnHeader/Filer/BusinessNameControlTxt0BRAS
ReturnHeader/Filer/EIN0464912687
ReturnHeader/Filer/PhoneNum02035962660
ReturnHeader/Filer/USAddress/AddressLine1Txt02 Lakewood Road
ReturnHeader/Filer/USAddress/CityNm0Waterbury
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CT
ReturnHeader/Filer/USAddress/ZIPCd006704
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0061531173
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Ciampi Tax & Financial Services LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02278 Waterbury Rd
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Cheshire
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd006410
ReturnHeader/PreparerPersonGrp/PhoneNum02032713801
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0David M Ciampi EA
ReturnHeader/ReturnTs02022-08-31T09:28:12-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Michael
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Gilmore
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.