EASTERN CONNECTICUT HOUSING OPPORTUNITIES INC | ECHO

NEW LONDON, CT | New London County
Affordable Housing

Overview

EASTERN CONNECTICUT HOUSING OPPORTUNITIES INC | ECHO
06-1275523
165 STATE ST
NEW LONDON, CT 06320
New London County
(860) 447-8055

Mission Statement info

EASTERN CONNECTICUT HOUSING OPPORTUNITIES, INC. IS A NON-PROFIT ORGANIZATION ORGANIZED TO PROVIDE AFFORDABLE HOUSING TO LOW-INCOME FAMILIES OF SOUTHEASTERN CONNECTICUT.

Founded info
Not reported
Total Employees info
3
Total Volunteers info
9
CRA Category info
  • Affordable Housing
Nonprofit location info
  • LMI Census Tract
  • Majority Minority Census Tract
  • Opportunity Zone
Awards & Certifications info
  • This nonprofit has not received any CRA awards or certifications.
Nonprofit Classification (NTEE Code) info
L20

L - Housing, Shelter

Housing Development, Construction & Management

Organizations that build, rehabilitate, manage and/or provide rental housing for low-income individuals and families, older adults and people with disabilities; or which make purchasable housing available to low or moderate income families by offering lower priced housing and/or affordable payment plans, by arranging for interest or mortgage subsidies or by involving eventual owners in the construction process (sweat equity). Use this code for organizations that provide housing services for a wide range of individuals or for those that offer housing options for low income tenants that are not specified below.

IRS Activity Codes info
381
Low and moderate income housing
-
Not reported
-
Not reported
Standard Business Classification (NAICS Code) info
624229
Other Community Housing Services

CRA Alignment

CRA Category info
Affordable Housing
Creation, rehabilitation, operation or preservation of affordable housing.
CRA Certification info
Has not applied.
Awards & Certifications info
Community Development Financial Institution info
Community Development Financial Institution Award Recipient info
New Market Tax Credit Recipient info
HUD Counseling Agency info
Low Income Housing Tax Credit Recipient info

IRS Summary

Income
$2.9M
Revenue
$2.9M
Assets
$9.1M
Exempt Ruling Date info
1990-07
Deductibility Status info
Deductible
Tax Filing Year info
2018
Organization Type info
Corporation
Organization Tax Filing Status info
990 (all other) or 990EZ return
Foundation Tax Filing Status info
990-PF not required by IRS
Affiliation Classification info
Independent Organization
States Where Tax Return is Filed info
CT
Basis for Foundation/Public Charity Status info
Organization which receives a substantial part of its support from a governmental unit or the general public 170(b)(1)(A)(vi)
IRS Reported Activities info
Provides Credit Counseling
Conducts Gaming Activities
Engages in Lobbying Activities
Engages in Political Activities
Makes Grants to Individuals
Makes Grants to Organizations

Nonprofit Location

Physical Address info
165 STATE ST
NEW LONDON, CT 06320
New London County
FIPS Geocoded Address info
35980
MSA/CBSA info
09
State info
011
County info
6905.00
Tract info
Low
Income Level info
Core-Based Statistical Area info
Norwich-New London, CT
Combined Statistical Area info
Hartford-East Hartford, CT
Metropolitan Division info
Not located in an MD.
Area Type info
Metropolitan Statistical Area
Located In info
Low- or Moderate-Income Census Tract info
Opportunity Zone info
Majority Minority Census Tract info 54.22%
Designated Distressed Census Tract info
Underserved Census Tract info

Market Data

Census Tract County
6905.00 New London County
Population
Total Population 2,805 268,881
Total Households 1,566 107,402
Income
Median Family Income (Census*) $21,875 $71,368
Median Family Income (2019 FFIEC) $96,200 N/A
Tract Income Percentage 26.56% N/A
Below Poverty Level 47.1% 10.2%
Unemployment Level 15.7% 6.2%
Housing
Total Housing Units 1,737 123,001
Total Owner-Occupied Units 9.7% 66.5%
Total Renter-Occupied Units 80.4% 33.5%
Total Vacant Units 9.8% 7.5%
* Census tract income based on 2019 Census estimated data; County income based on 2018 American Community Survey data.
View more than 200 performance context data points for this county now.

Management

9
Total Voting Members
in Governing Body
info
9
Independent Voting Members
in Governing Body
info
Tax Filing Signatory info
Peter Battles
Executive Director
Principal Officer info
Not reported by nonprofit.
Key Policies & Documents info
Written Conflict of Interest Policy
Written Document Retention & Destruction Policy
Written Wistleblower Policy
CEO Compensation Review Process
Written Minutes of Board Meetings
Financial Statements & Reporting info
Compiled or Reviewed by an Independent Accountant
Audited by an Independent Accountant
Included in Consolidated Financial Statements
Internal Audit Committee Review
Federal Grant Audit Required
Federal Grand Audit Performed

"NA" in this section indicates that the information was not available in the nonprofit's most recent IRS tax filing.

This Nonprofit Profile was automatically created by findCRA based on data available from publicly available government and industry sources and our own research. This Nonprofit Profile is not currently maintained by, endorsed by, or affiliated with this nonprofit. Whenever possible, we utilize the most recent information available including information as made public by the Internal Revenue Service, U.S. Census Bureau, Federal Financial Institutions Examination Council, and more. The format and design of this Nonprofit Profile is ©findCRA. For more information about our Nonprofit Profiles, please visit www.learncra.com.