Civic Intelligence

Stafford Affordable Housing Nonprofit

EIN 47-3379783 • 501(c)3 • Stafford Springs, CT

Profile

The specific purposes of the corporation are to own, lease, organize, develop, construct, financially assist, manage and operate projects or programs providing low income rentals, support services and affordable home ownership to elderly, handicapped, and low to moderate income families

91 West StreetStafford Springs, CT 06076

n/A

Siviq Scores

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

Liabilities / Assets

93rd percentile

1.00x

Higher debt load relative to assets than 93% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

100th percentile

274.12x

Higher debt load relative to revenue than 100% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Net Margin

27th percentile

-7.0%

Higher net margin than 27% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

55th percentile

$0

Higher top officer pay than 55% of similar nonprofits.

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

501(c)3 • $500k-$1M nonprofits • Source year 2024

Asset Growth

41st percentile

-0.0%

Faster asset growth than 41% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Revenue Growth

11th percentile

-32%

Faster revenue growth than 11% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets93rd percentile

Assets

Down

$502,028

Down $128 (-0.0%) from 2023

Liabilities

Flat

$500,000

Flat from 2023

Net Assets

Down

$2,028

Down $128 (-5.9%) from 2023

Operations
Liabilities / Revenue100th percentileNet Margin27th percentile

Revenue

Down

$1,824

Down $878 (-32%) from 2023

Expenses

Up

$1,952

Up $328 (+20%) from 2023

Net Income

Down

-$128

Down $1,206 (-112%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth41st percentile

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

$600K$400K$200K$0Assets 2016: $500,767Liabilities 2016: $500,000Net Assets 2016: $7672016Assets 2017: $500,773Liabilities 2017: $500,000Net Assets 2017: $7732017Assets 2018: $500,974Liabilities 2018: $500,000Net Assets 2018: $9742018Assets 2019: $500,975Liabilities 2019: $500,000Net Assets 2019: $9752019Assets 2020: $500,976Liabilities 2020: $500,000Net Assets 2020: $9762020Assets 2021: $500,977Liabilities 2021: $500,000Net Assets 2021: $9772021Assets 2022: $501,078Liabilities 2022: $500,000Net Assets 2022: $1,0782022Assets 2023: $502,156Liabilities 2023: $500,000Net Assets 2023: $2,1562023Assets 2024: $502,028Liabilities 2024: $500,000Net Assets 2024: $2,0282024

Highlighted filing

2024

Assets$502,028
Liabilities$500,000
Net Assets$2,028
Open 2024 Filing

Operations Trend

Revenue Growth11th percentile

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

$3.0K$2.0K$1.0K$0-$1.0KRevenue 2016: $767Expenses 2016: $0Net Income 2016: $7672016Revenue 2017: $22Expenses 2017: $16Net Income 2017: $62017Revenue 2018: $201Expenses 2018: $0Net Income 2018: $2012018Revenue 2019: $651Expenses 2019: $650Net Income 2019: $12019Revenue 2020: $1Expenses 2020: $0Net Income 2020: $12020Revenue 2021: $1Expenses 2021: $0Net Income 2021: $12021Revenue 2022: $1,501Expenses 2022: $1,400Net Income 2022: $1012022Revenue 2023: $2,702Expenses 2023: $1,624Net Income 2023: $1,0782023Revenue 2024: $1,824Expenses 2024: $1,952Net Income 2024: -$1282024

Highlighted filing

2024

Revenue$1,824
Expenses$1,952
Net Income-$128
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$502,028
Liabilities
$500,000
Net assets
$2,028
Revenue
$1,824
Expenses
$1,952
Net income
-$128
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$5.02$5.00$0.02$0.02$0.02$0.00
2023Detailed filing. Detailed filing data is available for this year.$5.02$5.00$0.02$0.03$0.02$0.01
2022Detailed filing. Detailed filing data is available for this year.$5.01$5.00$0.01$0.02$0.01$0.00
2021Detailed filing. Detailed filing data is available for this year.$5.01$5.00$0.01$0.00$0.00$0.00
2020Detailed filing. Detailed filing data is available for this year.$5.01$5.00$0.01$0.00$0.00$0.00
2019Detailed filing. Detailed filing data is available for this year.$5.01$5.00$0.01$0.01$0.01$0.00
2018Detailed filing. Detailed filing data is available for this year.$5.01$5.00$0.01$0.00$0.00$0.00
2017Detailed filing. Detailed filing data is available for this year.$5.01$5.00$0.01$0.00$0.00$0.00
2016Detailed filing. Detailed filing data is available for this year.$5.01$5.00$0.01$0.01$0.00$0.01
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Jun 26, 2025
Return Version
2024v5.2
Gross Receipts
$1,824
Mission and Program Overview

Mission

The spicific purposes of the corporation are to own, lease, organize, develop, construct, financially assist, manage and operate projects or programs providing low income rentals, support services and affordable home ownership to elderly, handicapped, and low to moderate income families

To own, lease, organize, develop, construct, financially assist, manage and operate projects or programs providing low income rentals, support services and affordable home ownership to elderly, handicapped, and low to moderate income families

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$500,000$500,000→ $0
Cash and Non-Interest-Bearing Accounts$2,156$2,028▼ $128
Total Assets$502,156$502,028▼ $128
Liabilities
Deferred Revenue$500,000$500,000→ $0
Total Liabilities$500,000$500,000→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,156$2,028▼ $128
Total Net Assets Fund Balance$2,156$2,028▼ $128
Total Liabilities and Net Assets / Fund Balance$502,156$502,028▼ $128
Compensation and Service Providers
Top Officer Pay55th percentile

Board Members and Trustees

NameTitle
Linda WotherspoonPresident
Ann Marie PerroneSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$1,822
Program Service Revenue
$0
Investment Income
$2
Other Revenue
$0
All Other Contributions
$670
Change in Net Assets
$-128
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,952
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Advertising$1,952--$1,952
Total Functional Expenses$1,952$0$0$1,952
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
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

“Form 990 is reviewed and approved by the board of directors before it is filed.”

Form 990, Part VI, Line 12B

“Officers and members of board of directors are required to disclose any direct or indirect financial interest in any entity which has a transaction and arrangement with organization. Board of directors decide wether financial interest is conflict of interest. Board conducts periodic reviews to ensure compliance with the policy.”

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

“The organization conducts perodic reviews to ensure compliance with conflict of interest policy. The reviews include assessment for compensation and benefits arrangements, management's partnerships/joint ventures with the organization.”

Form 990, Part VI, Section B, Line 15

“The organization does not compensate any of the officers and directors”

Form 990, Part VI, Section C, Line 18

“Documents are available upon request.”

Form 990, Part VI, Section C, Line 19

“Organization's conflict of interest policy and governing documents are available upon request”

Filing and Contact Details

Filer

Filer Name
Stafford Affordable Housing Nonprofit
EIN
47-3379783
Phone
8606844973
Address
91 WEST STREET, STAFFORD SPRINGS, CT 06076

Signing Officer

Name
Linda Wotherspoon
Title
Secretary
Phone
8606844973
Signed
2025-06-26
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ann Marie Perrone
Formed
2015
Legal Domicile
Ct
Voting Board Members
2
Independent Board Members
2
Employees
0
Volunteers
0

Preparer

Firm
Pue Chick Leibowitz & Blezard LLC
Address
76 SOUTH FRONTAGE ROAD, VERNON, CT 06066
Preparer
Michael R Blezard CPA
Phone
8608711722
Raw XML Appendix276 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
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
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IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt01824
IRS990/GroupReturnForAffiliatesInd00
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IRS990/IndependentVotingMemberCnt02
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IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd01
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IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0500000
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990 IS REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS BEFORE IT IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1OFFICERS AND MEMBERS OF BOARD OF DIRECTORS ARE REQUIRED TO DISCLOSE ANY DIRECT OR INDIRECT FINANCIAL INTEREST IN ANY ENTITY WHICH HAS A TRANSACTION AND ARRANGEMENT WITH ORGANIZATION. BOARD OF DIRECTORS DECIDE WETHER FINANCIAL INTEREST IS CONFLICT OF INTEREST. BOARD CONDUCTS PERIODIC REVIEWS TO ENSURE COMPLIANCE WITH THE POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION CONDUCTS PERODIC REVIEWS TO ENSURE COMPLIANCE WITH CONFLICT OF INTEREST POLICY. THE REVIEWS INCLUDE ASSESSMENT FOR COMPENSATION AND BENEFITS ARRANGEMENTS, MANAGEMENT'S PARTNERSHIPS/JOINT VENTURES WITH THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION DOES NOT COMPENSATE ANY OF THE OFFICERS AND DIRECTORS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DOCUMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5ORGANIZATION'S CONFLICT OF INTEREST POLICY AND GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, LINE 12B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION C, LINE 19
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ReturnHeader/BuildTS02025-03-06 01:10:19Z
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ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0SECRETARY
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ReturnHeader/BusinessOfficerGrp/SignatureDt02025-06-26
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0STAFFORD AFFORDABLE HOUSING NONPROFIT
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ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0PUE CHICK LEIBOWITZ & BLEZARD LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt076 SOUTH FRONTAGE ROAD
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CT
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ReturnHeader/PreparerPersonGrp/PhoneNum08608711722
ReturnHeader/PreparerPersonGrp/PreparationDt02025-06-09
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MICHAEL R BLEZARD CPA
ReturnHeader/ReturnTs02025-06-27T08:45:29-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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