Middlebury Senior Housing Associates Inc

Organization Overview

Middlebury Senior Housing Associates Inc is located in Middlebury, CT. The organization was established in 1989. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Middlebury Senior Housing Associates 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 12/2021, Middlebury Senior Housing Associates Inc generated $762.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.0% each year. All expenses for the organization totaled $913.7k during the year ending 12/2021. 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

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE CORPORATION PROVIDES LOW INCOME HOUSING FOR THE ELDERLY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE CORPORATION OWNS AND OPERATES AN APARTMENT COMPLEX WITH A TOTAL OF 71 UNITS WHICH PROVIDES LOW INCOME HOUSING FOR ELIGIBLE INDIVIDUALS UNDER SECTION 202 OF THE NATIONAL HOUSING ACT.


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Board, Officers & Key Employees

Name (title)Compensation
Virginia Grandell
President
$0
Elaine Strobel
Vice President
$0
Ronald Vitarelli
Director
$0
Gail Seymour
Treasurer
$0
Joann A Cappelletti
Director
$0
Reginald W H Fairbairn
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
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$0
Total Program Service Revenue$742,952
Investment income $554
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 $762,176

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