Skip to content
Nonprofiteer
← TRUMBULL HOUSING DEVELOPMENT CORPORATION

Form 990 for tax year 2023

Filed by TRUMBULL HOUSING DEVELOPMENT CORPORATION.

Totals

Total revenue
$744,178
Total expenses
$674,383
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$375,438
Investment income
$368,740
Other revenue
$0
Total assets, end of year
$12,429,642
Total liabilities, end of year
$903,200
Net assets or fund balances, end of year
$11,526,442
Program services expenses (Part IX)
$328,104
Management and general expenses
$346,279
Fundraising expenses
$0
Program service expenses (Part III)
$328,104

Program services were 48.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 2a · Program service revenue: Rental

    total $296,686 · related or exempt $296,686

  • 2b · Program service revenue: Laundry and Other Income

    total $78,752 · related or exempt $78,752

  • 3 · Investment income

    total $368,740 · related or exempt $368,740 · unrelated business $0

  • 6c · Rental income or loss

    real property $0 · personal property $0

  • 6d · Net rental income or loss

    total $0

  • 7c · Gain or loss

    securities $0 · other assets $0

  • 7d · Net gain or loss

    total $0

  • 8c · Net income from fundraising events

    total $0

  • 9c · Net income from gaming

    total $0

  • 10c · Net income from sales of inventory

    total $0

  • 11e · Other revenue, total

    $0

Functional expenses

Part IX, the statement of functional expenses.

  • 7 · Other salaries and wages

    total $86,675 · program services $51,299 · management and general $35,376

  • 8 · Pension plan contributions

    total $42,592 · program services $28,625 · management and general $13,967

  • 11a · Fees: management

    total $48,419 · program services $48,419 · management and general $0

  • 11b · Fees: legal

    total $352 · program services $352 · management and general $0

  • 11c · Fees: accounting

    total $8,900 · program services $1,440 · management and general $7,460

  • 12 · Advertising and promotion

    total $622 · program services $622 · management and general $0

  • 13 · Office expenses

    total $8,957 · program services $8,197 · management and general $760

  • 16 · Occupancy

    total $38,881 · program services $38,881 · management and general $0

  • 17 · Travel

    total $68,328 · program services $650 · management and general $67,678

  • 19 · Conferences, conventions and meetings

    total $3,368 · program services $0 · management and general $3,368

  • 20 · Interest

    total $12,612 · program services $0 · management and general $12,612

  • 22 · Depreciation, depletion and amortization

    total $61,794 · program services $44,426 · management and general $17,368

  • 23 · Insurance

    total $33,699 · program services $33,514 · management and general $185

  • 24a · Other expenses: Property taxes

    total $19,148 · program services $16,954 · management and general $2,194

  • 24b · Other expenses: Repair and Maintenance

    total $53,228 · program services $49,336 · management and general $3,892

  • 24c · Other expenses: Other general expenses

    total $173,950 · program services $705 · management and general $173,245

  • 24d · Other expenses: other admin

    total $8,204 · program services $30 · management and general $8,174

  • 24e · All other expenses

    total $4,654 · program services $4,654 · management and general $0 · fundraising $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $6,512,390 · end of year $6,887,456

  • 4 · Accounts receivable

    beginning of year $534,246 · end of year $450,419

  • 7 · Other notes and loans receivable

    beginning of year $3,945,474 · end of year $3,704,777

  • 9 · Prepaid expenses and deferred charges

    beginning of year $8,888 · end of year $9,932

  • 10a · Land, buildings and equipment: cost or other basis

    $3,170,453

  • 10b · Land, buildings and equipment: accumulated depreciation

    $1,971,597

  • 10c · Land, buildings and equipment, net

    beginning of year $1,180,130 · end of year $1,198,856

  • 15 · Other assets

    beginning of year $173,215 · end of year $178,202

  • 17 · Accounts payable and accrued expenses

    beginning of year $177,674 · end of year $184,357

  • 19 · Deferred revenue

    beginning of year $5,490 · end of year $4,861

  • 23 · Secured mortgages and notes payable

    beginning of year $705,582 · end of year $705,582

  • 25 · Other liabilities

    beginning of year $8,950 · end of year $8,400

  • 27 · Net assets without donor restrictions

    beginning of year $11,456,647 · end of year $11,526,442

Mission and programs · 2023

Mission

To promote and advance decent, safe and sanitary housing for persons of low income, and particularly the elderly or infirm, and to construct a housing project or projects usable for public housing purposes.

Activities or mission (Part I)

To promote and advance decent, safe and sanitary housing for persons of low income, and particularly the elderly or infirm, and to construct a housing project or projects usable for public housing purposes or other charitable purposes.

  • To promote and advance decent, safe and sanitary housing for persons of low income, and particularly the elderly or inform, and to construct a housing project or projects usable for public housing purposes.

    Expenses $328,104 · Revenue $744,178

As filed on the 2023 return.

Listed in Part VII

  • James J Melfi

    President

    Total calculated
    $0
    Hours/week
    0.5

  • Rev Darryl L Rodgers

    Vice President

    Total calculated
    $0
    Hours/week
    0.5

  • Anthony C Perrone

    Secretary

    Total calculated
    $0
    Hours/week
    0.5

  • Jerome F Lambert

    Trustee

    Total calculated
    $0
    Hours/week
    0.5

  • Gilbert L Rieger

    Trustee

    Total calculated
    $0
    Hours/week
    0.5

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

Provenance

Return type
form_990
Tax year
2023
Filed
5 November 2024
IRS schema version
2023v6.0
Source object
202500449349300110

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.