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Glastonbury Assisted Housing Non-Profit Inc

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

EIN: 061587482 ✦ Glastonbury, CT ✦ Designated as a 501(c)(3)

Overview

What is Glastonbury Assisted Housing Non-Profit Inc?

Glastonbury Assisted Housing Non-Profit Inc., or GAHNP, is a charitable organization operating in Glastonbury, Connecticut. Its primary mission involves constructing, rehabilitating, managing, and operating affordable housing for low- and moderate-income individuals. Over the years, GAHNP has secured funding through grant applications for various projects. In 2004, they received $375,062 for the construction of Herbert T Clark Assisted Living, a facility they manage. In 2012 and 2015, they received $500,000 each for the rehabilitation of Village Green and Center Village, senior properties. The organization has also received additional funds in 2017 for the rehabilitation of Center Village. GAHNP is dedicated to providing housing solutions and non-institutional living opportunities for those in need, in line with Connecticut General Statutes.


Is Glastonbury Assisted Housing Non-Profit Inc legitimate?

Glastonbury Assisted Housing Non-Profit Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Glastonbury Assisted Housing Non-Profit 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 Glastonbury Assisted Housing Non-Profit Inc?
Who is the CEO of Glastonbury Assisted Housing Non-Profit Inc?
What is the revenue of Glastonbury Assisted Housing Non-Profit Inc?
Who are the executives of Glastonbury Assisted Housing Non-Profit Inc and what are their salaries?
Where can I find the form 990 for Glastonbury Assisted Housing Non-Profit Inc?

Mission Statement of Glastonbury Assisted Housing Non-Profit Inc

Glastonbury Assisted Housing Non-Profit Inc, as per its mission statement, is dedicated to constructing, rehabilitating, owning, managing, or operating housing. Their primary objective is to develop non-institutional living opportunities for low and moderate-income individuals. The organization has a broad mandate, allowing it to pursue various lawful purposes as defined by Chapter 602 of the Connecticut General Statutes.

In practical terms, Glastonbury Assisted Housing Non-Profit Inc seeks to provide affordable housing solutions. They have secured funding through grant applications, such as the Housing Tax Credit Contributions (HTCC), to finance the construction and preservation of affordable housing facilities. Examples of their projects include the Herbert T Clark Assisted Living Limited Partnership, a senior living facility, and the rehabilitation of Village Green, an affordable senior property. Their commitment to affordable housing extends to senior rental properties, as demonstrated by their involvement in the rehabilitation and expansion of Center Village.

The organization's mission is not limited to construction and rehabilitation. Glastonbury Assisted Housing Non-Profit Inc also assists in financing the preservation of existing affordable housing properties. Their dedication to this cause is evident in their long-term commitment to projects, such as the ongoing rehabilitation of Center Village, which began in 2017 and was completed in 2018. Their mission reflects a deep-rooted commitment to providing affordable housing opportunities for low and moderate-income individuals, aligning with their legal mandate and contributing positively to their community.

Impact

This information is meant to be a general summary of Glastonbury Assisted Housing Non-Profit Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




Wednesday, July 24, 2024

Glastonbury Assisted Housing Non-Profit Inc has a significant impact on the community by providing affordable housing options for low and moderate-income individuals. Through various grant awards, this organization has facilitated the construction, rehabilitation, and expansion of affordable housing properties in Glastonbury, CT. These initiatives have helped address the housing needs of underserved populations and contributed to the overall development of non-institutional living opportunities for those in need. The organization's efforts align with its mission to create a more inclusive and supportive living environment for residents with limited financial resources.





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: $28,983
  • Program Service Revenue: $649,964
  • Gross Receipts: $678,886

    • Assets and Liabilities:
  • Total Assets: $2,979,882
  • Total Liabilities: $3,464,413
  • Net Assets: -$484,531
  • Programs

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

    RESIDENTIAL RENTAL INC

    Revenue

    $616,419

    MANAGEMENT FEES

    Revenue

    $33,545

    Organization Details

    Founding Year

    2000

    Principal Officer

    Neil Griffin Jr

    Main Address

    25 RISELY ROAD, GLASTONBURY, CT, 06033

    NTEE Category

    Code: L22 - Housing

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