Overview
What is Mutual Housing Association Of South Central Connecticut Inc?
Mutual Housing Association of South Central Connecticut Inc is a nonprofit organization dedicated to improving affordable housing in the region. Their primary mission involves developing, owning, and managing quality housing units, fostering community involvement, and preventing neighborhood deterioration. Their real estate development division generates revenue through developer's fees upon completion and occupation of each development. Notable projects include New Haven Richard Street with 23 units, Waterbury Linden Street with 44 units, Shelton River Breeze Apartments with 68 units, and East Haven Union School Apartments with 18 units, all in various stages of completion. They also have ongoing projects and new constructions planned in Cheshire and Guilford. Their mission is to create strong, healthy, and vibrant communities through active resident and community participation and leadership.
Official website here: www.nwnh.net
Is Mutual Housing Association Of South Central Connecticut Inc legitimate?
Mutual Housing Association Of South Central Connecticut Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mutual Housing Association Of South Central Connecticut 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: $216,699
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,873,644
For more financial information, click here
Official website here: www.nwnh.net
What is the mission statement of Mutual Housing Association Of South Central Connecticut Inc?
The Mutual Housing Association of South Central Connecticut Inc's mission is centered around developing, owning, and managing affordable housing. This organization strives to foster community involvement and works towards preventing and eliminating neighborhood deterioration. Their mission extends to operating high-quality, permanently affordable housing that contributes to the creation of strong, healthy, and vibrant communities. This is achieved through active resident and community participation and leadership. The association's real estate development division is a significant revenue source, generating developer's fees upon completion and occupation of each development. They collaborate with municipalities on site selection, secure funding commitments, select general contractors, and oversee construction. The organization has various ongoing and upcoming projects, including the development of new constructions and the rehabilitation of existing properties.
Official website here: www.nwnh.net
Who is the CEO of Mutual Housing Association Of South Central Connecticut Inc?
Tom Cruess is the Board Member of Mutual Housing Association Of South Central Connecticut Inc. The CEO's salary of Mutual Housing Association Of South Central Connecticut Inc is $110,000 and their total compensation is $110,245.
Official website here: www.nwnh.net
What is the revenue of Mutual Housing Association Of South Central Connecticut Inc?
Mutual Housing Association Of South Central Connecticut Inc's revenue in 2022 was $11,028,889.
Official website here: www.nwnh.net
Who are the executives of Mutual Housing Association Of South Central Connecticut Inc and what are their salaries?
The average compensation at Mutual Housing Association Of South Central Connecticut Inc during 2022 was $41,807. There are 50 employees and 10 volunteers at Mutual Housing Association Of South Central Connecticut Inc.
Here are 13 key members and their salaries (Mutual Housing Association Of South Central Connecticut Inc's CEO's salary is $110,000 and their total compensation is $110,245):
- David Purvis (Corporate Counsel)
- Thomas Cruess (President/Ceo)
- Arlene Lawrence (Cfo)
- Cesar Guiterrez (Board Member) [Trustee/Director]
- Chris Canna (Board Member) [Trustee/Director]
- Edward Seibert (President/Board Chair) [Trustee/Director]
- Hewad Fnu (Board Member) [Trustee/Director]
- Jim Carolan (Board Member) [Trustee/Director]
- John Schaetzl (Treasurer) [Trustee/Director]
- Leiyanie Osorio (Secretary) [Trustee/Director]
- Michael Batista (Board Member) [Trustee/Director]
- Natalia Kedves Feinstein (Board Member) [Trustee/Director]
- Romulo Samaniego (Board Member) [Trustee/Director]
Official website here: www.nwnh.net
Where can I find the form 990 for Mutual Housing Association Of South Central Connecticut Inc?
The Mutual Housing Association Of South Central Connecticut Inc’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.nwnh.net
Learn more at the official website: www.nwnh.net
Mission Statement of Mutual Housing Association Of South Central Connecticut Inc
Mutual Housing Association of South Central Connecticut Inc is dedicated to developing, owning, and managing affordable housing while fostering community involvement and combating neighborhood deterioration. The organization's mission is to create and maintain permanently affordable quality housing that strengthens and revitalizes communities through active resident and community participation and leadership.
The real estate development division plays a significant role in the association's operations, generating revenue through developer's fees after the completion and occupation of each development. This division works closely with municipalities to select suitable sites, secure funding commitments, select general contractors, and oversee construction. Some of the association's ongoing and completed projects include the New Haven Richard Street with 23 units, Waterbury Linden Street with 44 units, Shelton River Breeze Apartments with 68 units, and East Haven Union School Apartments with 18 units. These developments cater to various housing needs, ranging from capital upgrades to new constructions, ensuring that affordable housing is accessible to a wide range of residents.
Impact
This information is meant to be a general summary of Mutual Housing Association Of South Central Connecticut Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
The Mutual Housing Association Of South Central Connecticut Inc's impact lies in its mission to develop, own, and manage affordable housing. By providing quality, affordable housing, they contribute to building strong, healthy, and vibrant communities. Through active resident and community participation and leadership, they work to prevent and eliminate neighborhood deterioration. Their real estate development projects, such as the renovation of existing units and construction of new housing complexes, play a crucial role in addressing the need for affordable housing in cities like New Haven, CT. Their efforts not only provide housing solutions but also encourage community involvement and foster a sense of belonging among residents.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LOW-INCOME HOUSING
Revenue
$2,128,907
DEVELOPER FEES
Revenue
$570,948
PROPERTY MANAGEMENT FEE
Revenue
$350,635
ORGANIZER FEES
Revenue
$207,903
Organization Details
Founding Year
1992
Phone
(203) 562-4514
Principal Officer
Tom Cruess
Main Address
235 GRAND AVENUE 2ND FLOOR, NEW HAVEN, CT, 06513
Website
www.nwnh.net
NTEE Category
Code: L40Z - Housing
If you are a representative of Mutual Housing Association Of South Central Connecticut 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.