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Shore Area Community Development Corporation

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

EIN: 061449234 ✦ New haven, CT ✦ Designated as a 501(c)(3)

Overview

What is Shore Area Community Development Corporation?

The Shore Area Community Development Corporation, situated in New Haven, Connecticut, is a dedicated nonprofit organization. Their primary mission is to enhance the lives of individuals and families by ensuring affordable, high-quality housing, fostering the social and economic stability of neighborhoods, and boosting locally focused community development initiatives. They aim to achieve this by developing various affordable housing locations throughout Southern Connecticut. Approximately 1,400 people benefit from their services.


Is Shore Area Community Development Corporation legitimate?

Shore Area Community Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Shore Area Community Development Corporation 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 Shore Area Community Development Corporation?
Who is the CEO of Shore Area Community Development Corporation?
What is the revenue of Shore Area Community Development Corporation?
Who are the executives of Shore Area Community Development Corporation and what are their salaries?

Here are 24 key members and their salaries (Shore Area Community Development Corporation's CEO's salary is $0 and their total compensation is $343,002):

    David Stevenson (President/Ceo)
  • Compensation: $0
  • Related: $314,681
  • Other: $28,321

    • Melissa Kessell (Sr Vp/Cfo)
  • Compensation: $0
  • Related: $169,825
  • Other: $14,956

    • Carmen Colon-Marrero (Vp Of Bridgeport Y'S)
  • Compensation: $0
  • Related: $157,507
  • Other: $20,846

    • Louis Procaccini (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Leone (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sabine Kuczo (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Claire Burns (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jacob Cedusky (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Steven Chin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lin Christie (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mary Lib Denure (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Melania M Falcon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Will Farmer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ashley Hammill (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Paul Hirsch (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tyrone Mcclain (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Renee Noren (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ed Piendl (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Pam Ralston (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Timothy Romano (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Christopher Rosario (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jason Schechtman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Barbara Szabo (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Laura Wilkins (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Where can I find the form 990 for Shore Area Community Development Corporation?

    Mission Statement of Shore Area Community Development Corporation

    Shore Area Community Development Corporation, a dedicated nonprofit organization, is committed to providing and sponsoring programs aimed at developing affordable housing locations throughout Southern Connecticut. Their mission is driven by the desire to enhance the lives of individuals and families, ensuring they have access to affordable, quality housing. By doing so, the corporation seeks to improve the social and economic stability of neighborhoods and expand locally based community development efforts. Approximately 1,400 people have benefited from their initiatives, demonstrating their significant impact on the community.

    Impact

    This information is meant to be a general summary of Shore Area Community Development Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    Shore Area Community Development Corporation's impact can be seen in the significant improvement in the lives of individuals and families in Southern Connecticut. By developing affordable housing locations, they have positively impacted approximately 1,400 people in the region. Their efforts have not only provided access to quality housing but have also contributed to the social and economic stability of neighborhoods. Furthermore, by expanding locally based community development efforts, they are actively working towards creating a more sustainable and thriving community in New Haven, CT. The organization's mission to provide and sponsor programs for the development of affordable housing underscores their commitment to addressing the housing needs of the public in a tangible and impactful way.





    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: $204,163
  • Program Service Revenue: $3,183,123
  • Gross Receipts: $3,387,286

    • Assets and Liabilities:
  • Total Assets: $29,270,650
  • Total Liabilities: $33,864,808
  • Net Assets: -$4,594,158
  • Programs

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

    RESIDENT FEES

    Revenue

    $3,163,523

    FACILITY USAGE

    Revenue

    $19,600

    Organization Details

    Founding Year

    1994

    Principal Officer

    Melissa Kessell

    Main Address

    1240 CHAPEL STREET, NEW HAVEN, CT, 06511

    NTEE Category

    Code: L20 - Housing

    If you are a representative of Shore Area Community Development Corporation 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.