nonprofit logo

Hall Commons Inc

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

EIN: 061618093 ✦ Bridgeport, CT ✦ Designated as a 501(c)(3)

Overview

What is Hall Commons Inc?

Hall Commons Inc is a nonprofit organization established in Connecticut in 2001, with a mission to provide housing for low-income, eligible senior citizens. The organization's purpose was made possible through funding from the U.S. Department of Housing and Urban Development (HUD) and the State of Connecticut Department of Economic and Community Development (DECD). The organization completed a 41-unit apartment complex in Bridgeport, Connecticut, and began occupancy in February 2007. As a non-profit, Hall Commons Inc does not distribute profits to its directors, officers, or members. It operates under Section 501(c)(3) of the Internal Revenue Code, exempting it from federal income taxes.


Is Hall Commons Inc legitimate?

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

Mission Statement of Hall Commons Inc

Hall Commons Inc, established as a non-profit corporation in 2001, is dedicated to serving the housing needs of low-income, eligible senior citizens. This organization's mission is rooted in providing a sanctuary, with its construction funded by a grant from the State of Connecticut Department of Economic and Community Development and a U.S. Department of Housing and Urban Development capital advance. As a non-profit entity, Hall Commons Inc operates under Section 501(c)(3) of the Internal Revenue Code, ensuring that no personal profits accrue to its directors, officers, or members. The organization completed its project in 2006, constructing a 41-unit apartment complex in an undisclosed location. Occupancy began in 2007, and this housing facility continues its mission to provide affordable and suitable living spaces for senior citizens in need.

Impact

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




Wednesday, July 24, 2024

Hall Commons Inc provides essential housing to low-income, eligible senior citizens in Bridgeport, Connecticut. This impact is significant as it addresses a critical need for affordable housing for senior citizens in the community. By offering safe and affordable living spaces, Hall Commons Inc contributes to enhancing the quality of life for vulnerable individuals who may struggle to find suitable accommodation elsewhere. Additionally, the organization's mission aligns with broader social welfare goals of supporting senior citizens in maintaining their independence and dignity as they age.





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: $467
  • Program Service Revenue: $478,689
  • Gross Receipts: $479,156

    • Assets and Liabilities:
  • Total Assets: $4,431,646
  • Total Liabilities: $4,696,065
  • Net Assets: -$264,419
  • Programs

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

    TENANT RENTS AND CHARGES

    Revenue

    $478,689

    Organization Details

    Founding Year

    2001

    Principal Officer

    Donald Goodson

    Main Address

    55 GEORGE E PIPKINS WAY, BRIDGEPORT, CT, 06608

    NTEE Category

    Code: L21 - Housing

    If you are a representative of Hall Commons 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.