Chestnut Grove Associates Inc

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

EIN: 061326286 ✦ New milford, CT ✦ Designated as a 501(c)(3)

Overview

What is Chestnut Grove Associates Inc?

Chestnut Grove Associates Inc, situated in New Milford, Connecticut, is a nonprofit organization that primarily focuses on providing housing and congregate services to the elderly. Their offerings extend beyond just a place to reside, with additional services such as food, social events, and housekeeping. The organization's mission is to support low-income elderly individuals, ensuring they have access to essential living amenities and a sense of community. The 40 units they manage are designed to cater specifically to this demographic, aiming to enhance their quality of life.


Is Chestnut Grove Associates Inc legitimate?

Chestnut Grove Associates Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Chestnut Grove Associates 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: $0

For more financial information, click here


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

Mission Statement of Chestnut Grove Associates Inc

Chestnut Grove Associates Inc is an organization dedicated to providing housing and congregate services to the elderly, specifically focusing on individuals with low income. Their mission is to create an environment where the elderly can live comfortably and securely. They offer a range of services to their tenants, including food, social activities, and housekeeping assistance. This congregate housing model allows elderly individuals to maintain their independence while benefiting from communal support. With 40 units available, Chestnut Grove Associates Inc is committed to improving the quality of life for their elderly residents, ensuring they have access to essential services that promote their overall well-being.

Impact

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




Wednesday, July 24, 2024

Chestnut Grove Associates Inc provides essential housing and congregate services to low-income elderly individuals in New Milford, Connecticut. Through their 40 units, they offer not just a place to live, but also crucial amenities such as food, social opportunities, and housekeeping services. By focusing on the needs of this vulnerable demographic, Chestnut Grove Associates Inc plays a vital role in enhancing the quality of life for the elderly in their community.





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: $561
  • Program Service Revenue: $578,903
  • Gross Receipts: $579,464

    • Assets and Liabilities:
  • Total Assets: $922,219
  • Total Liabilities: $618,310
  • Net Assets: $303,909
  • Programs

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

    ASSOCIATION FEES

    Revenue

    $578,903

    Organization Details

    Founding Year

    1990

    Principal Officer

    Frank Wargo

    Main Address

    200 CHESTNUT GROVE, NEW MILFORD, CT, 06776

    NTEE Category

    Code: Z99Z - Unknown

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