ORFORD VILLAGE HOUSING DEVELOPMENT CORP C/O MALCOLM BARLOW ATTY

EIN: 061428945 501(c)(3) Housing & Shelter

MANCHESTER, CT

Total Revenue
$789,295
Total Expenses
$982,991
Total Assets
$5,520,401
Net Assets
$2,298,231
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Legal Domicile
CT
Principal Officer
CARL A ZINSSER
Phone
8606471113
Tax Period
2023-01-01 to 2023-12-31

ORFORD VILLAGE HOUSING DEVELOPMENT CORP C/O MALCOLM BARLOW ATTY is a small nonprofit in the Housing & Shelter sector that reported $789K in total revenue in fiscal year 2023. Expenses of $983K exceeded revenue, resulting in a 25% operating deficit.

Mission

THE ORGANIZATION WAS ESTABLISHED FOR THE PURPOSE OF PURCHASING, BUILDING, RENTING, AND OPERATING A 44-UNIT HOUSING COMPLEX, KNOWN AS KRAUSE GARDENS, AND A 20-UNIT HOUSING COMPLEX KNOWN AS CROCKETT FIELDS. BOTH ARE LOCATED IN MANCHESTER, CONNECTICUT AND THEY OPERATE UNDER AN AFFORDABLE HOUSING PROGRAM ASSISTANCE AGREEMENT BETWEEN THE STATE OF CONNECTICUT AND THE ORGANIZATION.

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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 $788,761
Investment Income $534
Other Revenue $0
TOTAL REVENUE $789,295

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $982,991
Other Expenses $982,991
TOTAL EXPENSES $982,991

Year-over-Year Comparison

2023 2022 Change
Revenue $789,295 $763,867 +0.0%
Expenses $982,991 $931,645 +0.1%
Net Income $-193,696 $-167,778 +0.2%
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
N/A

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
$0
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ROBIN MEGGERS DIRECTOR N/A
Director
$0 $0 $0
CHARLES J CROCINI VICE PRESIDE N/A
Officer Director
$0 $0 $0
SCOTT B CLENDANIEL DIRECTOR N/A
Director
$0 $0 $0
ROSS GRANT DIRECTOR N/A
Director
$0 $0 $0
WILLIAM HYDE SECRETARY N/A
Officer Director
$0 $0 $0
CARL A ZINSSER PRESIDENT N/A
Officer Director
$0 $0 $0
ELAINE ANDERSON TREASURER N/A
Officer Director
$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
2025 No data No data No data No data
2024 No data No data No data No data
2023 $789,295 $982,991 $5,520,401 $-193,696
2022 $763,867 $931,645 $5,816,096 $-167,778
2021 $765,211 $863,585 $6,019,274 $-98,374
2020 $739,577 $855,912 $6,168,664 $-116,335
2019 $753,515 $753,527 $6,042,759 $-12
2018 $557,428 $688,988 $5,672,043 $-131,560
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