Eastern Connecticut Housing Organization Inc

Organization Overview

Eastern Connecticut Housing Organization Inc, operating under the name Co Wildwood Property Management, is located in Danielson, CT. The organization was established in 1979. 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, Co Wildwood Property Management employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Co Wildwood Property Management 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, Co Wildwood Property Management generated $765.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.8% each year. All expenses for the organization totaled $716.1k during the year ending 12/2022. While expenses have increased by 1.4% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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

TO PROVIDE LOW INCOME HOUSING FOR THE ELDERLY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE CORPORATION OWNS AND OPERATES TWO APARTMENT COMPLEXES WHICH PROVIDE LOW INCOME HOUSING FOR THE ELDERLY IN ANDOVER AND DANIELSON, CT. HOP RIVER HOMES IN ANDOVER, CT OPERATES UNDER SECTION 515 OF THE HOUSING ACT OF 1949 AND SECTION 8 OF THE UNITED STATES HOUSING ACT OF 1937. WESTFIELD VILLAGE IS IN DANIELSON, CT AND OPERATES UNDER SECTION 8 OF THE UNITED STATES HOUSING ACT OF 1937.


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Board, Officers & Key Employees

Name (title)Compensation
Wendy Cummings
Member
$0
Carla D'amour
Member
$0
Sandra Fiteni
Member
$0
Betsy Houle
Member
$0
Truday Hyatt
Member
$0
Elaine Lippke
Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $45,406
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$45,406
Total Program Service Revenue$720,232
Investment income $783
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$1,320
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $765,101

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