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Grace Congregate Housing Corporation

Grace House

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

EIN: 223507406 ✦ Waterbury, CT ✦ Designated as a 501(c)(3)

Overview

What is Grace Congregate Housing Corporation?

Grace Congregate Housing Corporation is a nonprofit organization situated in Waterbury, Connecticut. Their primary focus is on offering affordable housing options for the elderly community. Through a subsidized program, they provide 40 units of living quarters, catering specifically to this demographic. The organization's mission revolves around enhancing the living conditions for the elderly population, ensuring they have access to suitable housing.


Is Grace Congregate Housing Corporation legitimate?

Grace Congregate Housing Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Grace Congregate Housing 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: $87,101

For more financial information, click here


What is the mission statement of Grace Congregate Housing Corporation?
Who is the CEO of Grace Congregate Housing Corporation?
What is the revenue of Grace Congregate Housing Corporation?
Who are the executives of Grace Congregate Housing Corporation and what are their salaries?
Where can I find the form 990 for Grace Congregate Housing Corporation?

Mission Statement of Grace Congregate Housing Corporation

Grace Congregate Housing Corporation is committed to providing affordable housing for the elderly community in Waterbury, Connecticut. Through their mission, they offer subsidized units to low-income elderly individuals, striving to meet their housing needs. The organization's primary focus is on enhancing the living conditions and ensuring a secure and comfortable environment for this vulnerable population.

Impact

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




Wednesday, July 24, 2024

Grace Congregate Housing Corporation's impact is significant in providing low-income elderly housing in Waterbury, Connecticut. By offering 40 units of subsidized housing, they fulfill a crucial need in the community by ensuring affordable and safe housing for elderly residents. Their mission is dedicated to supporting the elderly population, making a tangible difference in the lives of those who might otherwise struggle to find suitable housing options.





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: $39
  • Program Service Revenue: $534,485
  • Gross Receipts: $534,524

    • Assets and Liabilities:
  • Total Assets: $3,230,078
  • Total Liabilities: $46,361
  • Net Assets: $3,183,717
  • Programs

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

    RENTAL INCOME

    Revenue

    $534,485

    Organization Details

    Founding Year

    1996

    Principal Officer

    Eva Anderson

    Main Address

    65 KINGSBURY STREET, WATERBURY, CT, 067021402

    NTEE Category

    Code: L20 - Housing

    If you are a representative of Grace Congregate Housing 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.