St Pauls Housing Corporation
- Assets
- $2.2m
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 0
- Location
- Southington, CT
- Founding
- 06/1974
- Data as of
- 12/2021
- EIN
- 23-7158724
Organization Overview
St Pauls Housing Corporation is located in Southington, CT. The organization was established in 1974. According to its NTEE Classification (L50) the organization is classified as: Homeowners & Tenants Associations, 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. St Pauls Housing Corporation is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2021, St Pauls Housing Corporation generated $1.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.2% each year. All expenses for the organization totaled $1.1m during the year ending 12/2021. While expenses have increased by 1.0% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE HOUSING FOR LOW AND MODERATE INCOME FAMILIES AND THE ELDERLY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE LOW AND MODERATE INCOME HOUSING TO QUALIFYING INDIVIDUALS - 100 UNITS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
George Touma Jr Vice President | OfficerTrustee | 1 | $0 |
David Marquis President/treasurer | OfficerTrustee | 1 | $0 |
Donald Muller Director | Trustee | 1 | $0 |
Maureen Brennan Director | Trustee | 1 | $0 |
Maryann Soboleski Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $86,554 |
| 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 | $86,554 |
| Total Program Service Revenue | $1,048,845 |
| Investment income | $414 |
| 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 | $1,135,813 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $67,978 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $7,100 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $31,348 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $265,962 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $33,875 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $227,625 |
| Insurance | $49,591 |
| All other expenses | $0 |
| Total functional expenses | $1,108,442 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $311,771 |
| Savings and temporary cash investments | $850,651 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $9,502 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $30,137 |
| Net Land, buildings, and equipment | $1,005,961 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,208,022 |
| Accounts payable and accrued expenses | $135,089 |
| Grants payable | $0 |
| Deferred revenue | $14,483 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $803,672 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $96,815 |
| Total liabilities | $1,050,059 |
| Net assets without donor restrictions | $1,157,963 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $2,208,022 |
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|---|---|---|
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Spring Meadows Association Of Responsible Tenants Inc Springfield, MA | $14,323,481 | $4,117,328 |
St Vincents Development Inc Trumbull, CT | $27,854,287 | $3,404,975 |
Mutual Housing Association Of Greater Hartford Inc Hartford, CT | $35,173,874 | $3,634,828 |
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Urban Homeownership Corp New York, NY | $1,496,101 | $1,881,775 |
Building Owners And Managers Association Of Greater New York B New York, NY | $3,005,269 | $2,303,444 |
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