NonprofitsGlendower Group Inc

Housing & Shelter

Glendower Group Inc

NEW HAVEN, CT

Total revenue

$4.6M

Total expenses

$3.3M

Net assets

$15.2M

Grants received

EIN

061637790

Tax year

2023

Mission

The corporation is organized and will be operated exclusively for charitable purposes, including the promotion and advancement of neighborhood economic development. Furtherance of the foregoing purposes, the corporation's specific purposes shall be: to support redevelopment activities of the housing authority of the city of new haven for the benefit of the low income residents, not precluding the corporation from engaging in development activities on its own and with entities other than the authority, develop decent and affordable housing for low and moderate income families, acquisition, finance and otherwise deal in affordable projects.

Financials

FY 2023

Revenue

Contributions & grants
Program service revenue$3.8M
Investment income$81K
Other revenue$681K
Total revenue$4.6M

Expenses

Grants paid
Salaries & benefits$1.8M
Fundraising
Other expenses$1.5M
Total expenses$3.3M
Total assets$24.0M
Net assets$15.2M

People

4 listed

NameRoleCompensation

KAREN DUBOIS-WALTON

PRESIDENT

Board

0.1 hrs/wk

JOHN RAFFERTY

DIRECTOR

Board

0.1 hrs/wk

SHENAE DRAUGHN

DIRECTOR

Board

0.1 hrs/wk

ARTHUR W THOMAS III

DIRECTOR

Board

0.1 hrs/wk

Independent contractors

HOUSING AUTHORITY OF THE CITY OF NEW HAV

ADMINISTRATIVE FEES

$453K

Details

EIN061637790
NTEE codeL20
Subsection03
Ruling date2002-06
Formed2001
Employees0
Volunteers0
GLENDOWER GROUP INC — Mission, Financials & Grants Received | Grantivo