Newday Management Corporation
- Assets
- $26.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Hartford, CT
- Founding
- Data as of
- 12/2022
- EIN
- 84-1996746
Organization Overview
Newday Management Corporation is located in Hartford, CT. According to its NTEE Classification (L02) the organization is classified as: Management & Technical Assistance, 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. Newday Management Corporation 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, Newday Management Corporation generated $135.2k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 19.1% each year . All expenses for the organization totaled $135.9k during the year ending 12/2022. While expenses have increased by 22.9% per year over the past 3 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
NEWDAY MANAGEMENT CORPORATION MANAGES REAL PROPERTY OWNED BY HARTFORD HOUSING AUTHORITY'S INSTRUMENTALITIES AND AFFILIATED ENTITIES IN THE PERFORMANCE OF THEIR ESSENTIAL FUNCTIONS, INCLUDING: THE PROVISION AND MANAGEMENT OF LOW AND AFFORDABLE HOUSING IN THE CITY OF HARTFORD, CONNECTICUT, AND IN THE COUNTY OF HARTFORD AS MAY BE PERMITTED BY APPLICABLE LAW, THE PROMOTION AND ADVANCEMENT OF NEIGHBORHOOD ECONOMIC DEVELOPMENT AND STABILIZATION, RELATED EMPLOYMENT OPPORTUNITIES AND HOUSING REVITALIZATION AND URBAN RENEWAL, BY ENGAGING, DIRECTLY OR INDIRECTLY, IN ACTIVITIES IN SUPPORT OF SUCH PURPOSES, INCLUDING, INTER ALIA, PROVIDING QUALITY REAL PROPERTY MANAGEMENT SERVICES.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mitzchka Basman-Ortiz Director | 0.05 | $0 | |
Joshua Bird Director | 0.05 | $0 | |
Marilyn Rossetti Director | 0.05 | $0 | |
Jeffrey Stewart Director | 0.05 | $0 | |
Annette Sanderson President | 0.05 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $135,230 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $135,230 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $101,888 |
| Professional fees and other payments to independent contractors | $40 |
| Occupancy, rent, utilities, and maintenance | $2,736 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $31,245 |
| Total expenses | $135,909 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $26,424 |
| Other assets | $0 |
| Total assets | $26,931 |
| Total liabilities | $7,757 |
| Net assets or fund balances | $19,174 |