Brass City Residences Inc
- Assets
- $161.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Waterbury, CT
- Founding
- 12/2014
- Data as of
- 12/2022
- EIN
- 46-4912687
Organization Overview
Brass City Residences Inc is located in Waterbury, CT. The organization was established in 2014. According to its NTEE Classification (L20) the organization is classified as: Housing Development, Construction & Management, 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. Brass City Residences 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, Brass City Residences Inc generated $65.9k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (0.2%) each year. All expenses for the organization totaled $50.2k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (2.5%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
ACQUIRE, DEVELOP, MANAGE, REHABILITATE, CREATE AND PRESERVE AFFORDABLE HOUSING OPPORTUNITIES FOR THE BENEFIT OF LOW AND MODERATE INCOME INDIVIDUALS AND FAMILIES, TO PTOMOTE A VIABLE AND DYNAMIC COMMUNITY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nicholas Tetreault Secretary | 10 | $0 | |
Belinda Weaver Treasurer | 10 | $0 | |
Michael Gilmore President | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $65,942 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $65,942 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $6,650 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $43,569 |
| Total expenses | $50,219 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $161,234 |
| Other assets | $0 |
| Total assets | $161,234 |
| Total liabilities | $0 |
| Net assets or fund balances | $161,234 |
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