Newtown Housing For The Elderly Inc

Organization Overview

Newtown Housing For The Elderly Inc is located in Newtown, CT. The organization was established in 1993. According to its NTEE Classification (L22) the organization is classified as: Senior Citizens Housing & Retirement Communities, under the broad grouping of Housing & Shelter and related organizations. As of 12/2022, Newtown Housing For The Elderly Inc employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Newtown Housing For The Elderly Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2022, Newtown Housing For The Elderly Inc generated $1.2m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.2% each year. All expenses for the organization totaled $1.4m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

NEWTOWN HOUSING FOR THE ELDERLY, INC. IS A NON-PROFIT ORGANIZATION ESTABLISHED TO PROVIDE LOW COST HOUSING FOR THE ELDERLY AGED 62 OR OLDER, AND FOR HANDICAPPED OR DISABLED PERSONS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

LOW INCOME HOUSING FOR THE ELDERLY AND DISABLED - 134 UNITS


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Board, Officers & Key Employees

Name (title)Compensation
Richard Simoneau
President
$0
Sue Lorusso
Treasurer
$0
David Manzer
Secretary
$0
Melanie Mattegat
Vice President
$0
Robin Lynn Buchanan
Director
$0
Rodger Braley
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $365,677
All other contributions, gifts, grants, and similar amounts not included above$1,550
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$367,227
Total Program Service Revenue$789,174
Investment income $5,378
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,161,779

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Newtown Housing For The Elderly Inc has recieved totaling $11,446.

Awarding OrganizationAmount
Western Connecticut Area Agency On Aging Inc

Waterbury, CT

PURPOSE: NUTRITION

$11,446
View Grant Recipient Profile

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