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Metacomet Homes Inc

Metacomet Homes

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

EIN: 060868307 ✦ East granby, CT ✦ Designated as a 501(c)(3)

Overview

What is Metacomet Homes Inc?

Metacomet Homes Inc, located in East Granby, Connecticut, is a nonprofit organization dedicated to providing housing solutions for moderate and low-income elderly households. They accomplish this mission by renting out 72 units at an apartment project situated in East Granby. Their primary goal is to ensure that elderly individuals have access to comfortable living environments, thereby improving their quality of life. Metacomet Homes Inc operates under the name 'Metacomet Homes' and focuses exclusively on this housing-related cause.


Is Metacomet Homes Inc legitimate?

Metacomet Homes Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Metacomet Homes Inc 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $112,122

For more financial information, click here


What is the mission statement of Metacomet Homes Inc?
Who is the CEO of Metacomet Homes Inc?
What is the revenue of Metacomet Homes Inc?
Who are the executives of Metacomet Homes Inc and what are their salaries?
Where can I find the form 990 for Metacomet Homes Inc?

Mission Statement of Metacomet Homes Inc

Metacomet Homes Inc, as a nonprofit organization, is dedicated to providing housing for moderate and low-income elderly households. In pursuit of this mission, the organization has made significant strides by offering housing solutions through the rental of 72 units at an apartment project in East Granby, Connecticut. By focusing on this population segment, Metacomet Homes Inc aims to contribute to the well-being and comfort of elderly individuals who may be facing financial challenges, ensuring they have a secure and suitable living environment.

Impact

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




Wednesday, July 24, 2024

Metacomet Homes Inc's impact lies in providing essential housing services to moderate and low-income elderly households. Through the rental of 72 units at an apartment project in East Granby, Connecticut, this organization plays a crucial role in ensuring that a vulnerable population has access to safe and affordable housing. By fulfilling its mission of providing housing to those in need, Metacomet Homes Inc positively impacts the lives of numerous elderly individuals, creating a sense of security and stability in their living situations.





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: $227
  • Program Service Revenue: $482,683
  • Gross Receipts: $660,077

    • Assets and Liabilities:
  • Total Assets: $960,317
  • Total Liabilities: $1,219,644
  • Net Assets: -$259,327
  • Programs

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

    RENTAL INCOME

    Revenue

    $450,631

    OTHER INCOME

    Revenue

    $32,052

    Organization Details

    Founding Year

    1971

    Principal Officer

    James Hayden

    Main Address

    PO BOX 977, EAST GRANBY, CT, 06026

    NTEE Category

    Code: L22Z - Housing

    If you are a representative of Metacomet Homes Inc 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.