TOWN HALL ANNEX CORPORATION C/O HOUSING AUTHORITY TOWN OF GREENWICH

EIN: 061056557

GREENWICH, CT

Total Revenue
$1,683,735
Total Expenses
$1,402,712
Total Assets
$13,488,579
Net Assets
$8,258,364
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1981
Legal Domicile
CT
Principal Officer
DERRICK BRYANT
Phone
2038690509
Tax Period
2023-01-01 to 2023-12-31

TOWN HALL ANNEX CORPORATION C/O HOUSING AUTHORITY TOWN OF GREENWICH, founded in 1981, is a community nonprofit that reported $1.7M in total revenue in fiscal year 2023. Revenue fell 25% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $281K, a strong 17% operating margin.

Mission

WE ARE COMMITTED TO PROVIDE THE OPPORTUNITY TO LIVE IN QUALITY AFFORDABLE HOUSING THROUGH FISCALLY RESPONSIBLE ASSET MANAGEMENT OF OUR RESOURCES. BY DEVELOPING PARTNERSHIPS WITH OUR RESIDENTS AND THE LARGER COMMUNITY, WE WILL SUPPORT THE IMPROVEMENT OF THEIR QUALITY OF LIFE. WE INTEND TO FOSTER A SENSE OF COMMUNITY BASED ON MUTUAL PRIDE AND TRUST.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $1,683,472
Investment Income $263
Other Revenue $0
TOTAL REVENUE $1,683,735

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $1,402,712
Other Expenses $1,402,712
TOTAL EXPENSES $1,402,712

Year-over-Year Comparison

2023 2022 Change
Revenue $1,683,735 $2,239,418 -0.2%
Expenses $1,402,712 $1,391,811 +0.0%
Net Income $281,023 $847,607 -0.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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Liquidity & Cash Position

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Governance

Voting Members
7
Independent Members
7
Employees
N/A
Volunteers
7

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$574,572
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ANGELO PUCCI DIRECTOR 1.00
Director
$0 $0 $0
CATHY LANDY DIRECTOR 1.00
Director
$0 $0 $0
IRENE DIETRICH DIRECTOR 1.00
Director
$0 $0 $0
JAMES BOUTELLE VICE-CHAIR 1.00
Director
$0 $0 $0
ROBERT SIMMS DIRECTOR 1.00
Director
$0 $0 $0
SAM ROMEO CHAIR 1.00
Officer Director
$0 $0 $0
VINCENT DE FINA DIRECTOR 1.00
Director
$0 $0 $0
ANTHONY L JOHNSON EXECUTIVE DIRECTOR 1.00
Officer
$0 $48,559 $372,519
DERRICK BRYANT DIRECTOR OF FINANCE/CFO 1.00
Officer
$0 $48,760 $202,053
TERRY MARDULA SECRETARY 1.00
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $1,683,735 $1,402,712 $13,488,579 $281,023
2022 $2,239,418 $1,391,811 $13,352,732 $847,607
2021 $1,297,065 $1,004,261 $11,907,632 $292,804
2020 $1,960,767 $1,526,990 $6,405,753 $433,777
2019 $709,029 $358,476 $5,007,179 $350,553
2018 $715,688 $292,315 $4,765,019 $423,373
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