Contoocook Housing Trust

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 020444364 ✦ New ipswich, NH ✦ Designated as a 501(c)(3)

Overview

What is Contoocook Housing Trust?

Contoocook Housing Trust is a nonprofit organization situated in New Ipswich, New Hampshire. Established in 2022, its primary mission is to offer affordable housing solutions for families with moderate to low income. As of 2022, the trust has successfully accommodated over 58 families in 54 units spread across 13 properties in various nearby towns. By providing affordable rental and homeownership opportunities, the Contoocook Housing Trust aims to contribute positively to the local community, ensuring that housing remains an accessible option for all. With a small team of just two dedicated individuals, the trust effectively manages its properties and continues to serve its target area towns.


Is Contoocook Housing Trust legitimate?

Contoocook Housing Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Contoocook Housing Trust submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $81,269
Professional Fundraising Fees: $0
Other Salaries and Wages: $20,805

For more financial information, click here


What is the mission statement of Contoocook Housing Trust?
Who is the CEO of Contoocook Housing Trust?
What is the revenue of Contoocook Housing Trust?
Who are the executives of Contoocook Housing Trust and what are their salaries?
Where can I find the form 990 for Contoocook Housing Trust?

Mission Statement of Contoocook Housing Trust

Contoocook Housing Trust is a nonprofit organization dedicated to providing affordable housing solutions for low and moderate-income families in various towns. Their mission is to create and sustain affordable rental and homeownership opportunities, ensuring that families in need have a secure place to call home. In 2022, this mission was brought to life as the trust offered safe and affordable housing to over 58 families, distributing their services across 13 properties in four different towns.

Impact

This information is meant to be a general summary of Contoocook Housing Trust. Please take the time to review official sources before making any decisions based upon the content provided here.




Wednesday, July 24, 2024

Contoocook Housing Trust provided safe, affordable housing to more than 58 families in 54 units across four area towns in 2022. This impact directly addresses the critical need for affordable rental and homeownership opportunities for low and moderate-income families in the target area, offering a stable housing option for those in need.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $1,568
  • Program Service Revenue: $585,501
  • Gross Receipts: $590,769

    • Assets and Liabilities:
  • Total Assets: $2,338,620
  • Total Liabilities: $634,945
  • Net Assets: $1,703,675
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    Rental income and fees

    Revenue

    $585,501

    Organization Details

    Founding Year

    1990

    Principal Officer

    Alice Altman

    Main Address

    PO Box 216, New Ipswich, NH, 03071

    NTEE Category

    Code: L20 - Housing

    If you are a representative of Contoocook Housing Trust and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.