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Eastern Connecticut Housing Opportunities Inc

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

EIN: 061275523 ✦ New london, CT ✦ Designated as a 501(c)(3)

Overview

What is Eastern Connecticut Housing Opportunities Inc?

Eastern Connecticut Housing Opportunities Inc, a nonprofit organization situated in New London, Connecticut, is dedicated to addressing housing needs within southeastern Connecticut. With a primary mission, they strive to provide affordable housing options for families classified as low-income. Their activities extend beyond rental housing, as they also facilitate housing purchases for eligible individuals. The organization, comprising a small workforce of three, is committed to improving housing accessibility and affordability within their community.


Official website here: www.echohomes.org

Is Eastern Connecticut Housing Opportunities Inc legitimate?

Eastern Connecticut Housing Opportunities Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Eastern Connecticut Housing Opportunities 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: $136,133
Professional Fundraising Fees: $0
Other Salaries and Wages: $171,596

For more financial information, click here


Official website here: www.echohomes.org

What is the mission statement of Eastern Connecticut Housing Opportunities Inc?

Eastern Connecticut Housing Opportunities Inc, as a non-profit organization, is dedicated to providing affordable housing solutions for low-income families residing in southeastern Connecticut. Their mission is twofold: they offer affordable rental housing options and also facilitate housing purchases for families with moderate incomes. The organization's primary goal is to ensure that these families have access to safe and affordable housing, thereby improving their overall living standards.


Official website here: www.echohomes.org

Who is the CEO of Eastern Connecticut Housing Opportunities Inc?

Julie Savin is the Chairman of Eastern Connecticut Housing Opportunities Inc. The CEO's salary of Eastern Connecticut Housing Opportunities Inc is $125,000 and their total compensation is $137,092.


Official website here: www.echohomes.org

What is the revenue of Eastern Connecticut Housing Opportunities Inc?

Eastern Connecticut Housing Opportunities Inc's revenue in 2022 was $4,163,430.


Official website here: www.echohomes.org

Who are the executives of Eastern Connecticut Housing Opportunities Inc and what are their salaries?

The average compensation at Eastern Connecticut Housing Opportunities Inc during 2022 was $102,576. There are 3 employees at Eastern Connecticut Housing Opportunities Inc.

Here are 9 key members and their salaries (Eastern Connecticut Housing Opportunities Inc's CEO's salary is $125,000 and their total compensation is $137,092):

    Julie Savin (President & Ceo)
  • Compensation: $125,000
  • Related: $0
  • Other: $12,092

    • Mark D Woods (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Pamela Days-Luketich (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lori Lindfors (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mark R Oefinger (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Aimee L Seifert (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Felix Reyes (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Nicole Thomas (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Louis Ziegler (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.echohomes.org

    Where can I find the form 990 for Eastern Connecticut Housing Opportunities Inc?

    The Eastern Connecticut Housing Opportunities Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.echohomes.org

    Learn more at the official website: www.echohomes.org

    Mission Statement of Eastern Connecticut Housing Opportunities Inc

    Eastern Connecticut Housing Opportunities, Inc. is a non-profit organization that is committed to providing affordable housing solutions for low-income families residing in southeastern Connecticut. Their mission is twofold: they offer affordable rental housing options and also facilitate housing purchases for individuals and families falling under the low-moderate income bracket. By doing so, this organization aims to contribute positively to the communities it serves, ensuring that everyone has a decent place to call home.

    Impact

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




    Saturday, July 20, 2024

    Eastern Connecticut Housing Opportunities Inc's impact can be seen through its provision of affordable housing to low-income families in southeastern Connecticut. By offering affordable rental housing and opportunities for housing purchases to low and moderate-income families, this organization plays a crucial role in addressing the housing needs of the community. This work directly contributes to improving the quality of life for individuals and families by ensuring they have a safe and stable place to call home. Through their mission, Eastern Connecticut Housing Opportunities Inc is making a meaningful difference in the lives of those in need of affordable housing options.





    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: $7,959
  • Program Service Revenue: $2,199,834
  • Gross Receipts: $4,163,430

    • Assets and Liabilities:
  • Total Assets: $10,876,513
  • Total Liabilities: $2,799,183
  • Net Assets: $8,077,330
  • Programs

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

    RENTAL REVENUE

    Revenue

    $1,572,230

    DEVELOPER FEES

    Revenue

    $464,000

    CONSULTING INCOME

    Revenue

    $163,604

    Organization Details

    Founding Year

    1990

    Principal Officer

    Julie Savin

    Main Address

    165 STATE STREET SUITE 311, NEW LONDON, CT, 06320

    NTEE Category

    Code: L200 - Housing

    If you are a representative of Eastern Connecticut Housing Opportunities 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.