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Sullivan McKinney Elder Housing Inc.

Sullivan McKinney Elder Housing Inc.

Fairfield, CT
Tax ID22-2536262

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About this organization

Revenue

$765,388

Expenses

$804,806

Mission

To provide housing for the elderly and other eligible occupants under Section 202 of the National Housing Act, and the regulations thereunder now in effect. It has leased, renovated and operates an apartment complex of 40 units in Fairfield, Connecticut. The project is regulated by the Department of Housing and Urban Development (HUD) as to rent charges and operating methods. The agency receives mortgage financing under Section 202, and receives approximately 75% of its apartment rental income from Section 8 subsidies provided by HUD.

About

Low income elderly housing - 40 units

Interesting data from their 2019 990 filing

The non-profit's aim, as indicated in the filing, is “To provide housing for the elderly and other eligible occupants under section 202 of the national housing act, and the regulations thereunder now in effect it has leased, renovated and operates and apartment complex of 40 units in fairfield, connecticut the project is regulated by the department of housing and urban development (hud) as to rent charges and operating methods the agency receives mortgage financing under section 202, and receives approximately 75% of its apartment rental income from section 8 subsidies provided by hud”.

When detailing its duties, they were outlined as: “To provide housing for the elderly and other eligible occupants under section 202 of the national housing act, and the regulations thereunder now in effect it has leased, renovated and operates and apartment complex of 40 units in fairfield, connecticut the project is regulated by the department of housing and urban development (hud) as to rent charges and operating methods the agency receives mortgage financing under section 202, and receivesapproximately 75% of its apartment rental income from section 8 subsidies provided by hud”.

  • The non-profit has reported their operating state as CT, as required by law.
  • As stated in the filing, the non-profit's address in 2019 was 224 MEADOWBROOK ROAD, FAIRFIELD, CT, 06824.
  • The non-profit's form for the year 2019 reports a total of 0 employees on their payroll.
  • Is not a private foundation.
  • Expenses are between $500,000 and $1,000,000+.
  • Revenue is between $500,000 and $1,000,000+.
  • Revenue less expenses is -$39,418.
  • The organization has 3 independent voting members.
  • The organization was formed in 1984.
  • The organization pays $176,597 in salary, compensation, and benefits to its employees.
  • The organization pays $0 in fundraising expenses.

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