CHELSEA RELIANCE REALTY INC

EIN: 061481214

NORWICH, CT

Total Revenue
$585,487
Total Expenses
$583,126
Total Assets
$3,937,398
Net Assets
$1,467,472
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1977
Legal Domicile
CT
Principal Officer
CARRIE DYER
Phone
8608876536
Tax Period
2023-07-01 to 2024-06-30

CHELSEA RELIANCE REALTY INC, founded in 1977, is a small nonprofit that reported $585K in total revenue in fiscal year 2023. Net assets of $1.5M represent 30 months of operating reserves.

Mission

HOLDING CORP FOR A 501(C)3 NON PROFIT - RELIANCE HEALTH, INC.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $564,545
Investment Income $212
Other Revenue $20,730
TOTAL REVENUE $585,487

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $583,126
TOTAL EXPENSES $583,126

Year-over-Year Comparison

2023 2022 Change
Revenue $585,487 $568,430 +0.0%
Expenses $583,126 $570,279 +0.0%
Net Income $2,361 $-1,849 -2.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
13
Independent Members
13
Employees
N/A
Volunteers
13

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
6
$319,028
Total Directors
16
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ALISSA MULLIKEN BOARD MEMBER 0.80
Director
$0 $0 $0
ANGELO CALLIS VICE PRESIDENT 0.80
Officer Director
$0 $0 $0
BEN TURNER OUTGOING BOARD MEMBER 0.80
Director
$0 $0 $0
BILL HOPKINS BOARD MEMBER 0.80
Director
$0 $0 $0
DAVID ALLARD PRESIDENT 0.80
Officer Director
$0 $0 $0
EVANGELINE SARGENT BOARD MEMBER 0.80
Director
$0 $0 $0
JAMES HODGE BOARD MEMBER 0.80
Director
$0 $0 $0
JIM SMITH BOARD MEMBER 0.80
Director
$0 $0 $0
JOHN F MALONE OUTGOING BOARD MEMBER 0.80
Director
$0 $0 $0
JOHN MERCIER BOARD MEMBER 0.80
Director
$0 $0 $0
LINDA SMITH TREASURER 0.80
Officer Director
$0 $0 $0
MARIE STONE OUTGOING BOARD MEMBER 0.80
Director
$0 $0 $0
NICOLE SWEENEY SECRETARY 0.80
Officer Director
$0 $0 $0
ROY BOURQUE BOARD MEMBER 0.80
Director
$0 $0 $0
SAM BLIVEN BOARD MEMBER 0.80
Director
$0 $0 $0
WILFRED BLANCHETTE BOARD MEMBER 0.80
Director
$0 $0 $0
AMY O'DAY CFO 2.00
Officer
$0 $27,096 $133,111
CARRIE DYER CEO 2.00
Officer
$0 $35,729 $185,917
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 $585,487 $583,126 $3,937,398 $2,361
2023 $568,430 $570,279 $3,707,996 $-1,849
2022 $552,083 $501,587 $3,785,304 $50,496
2021 $520,653 $446,738 $3,866,231 $73,915
2020 $539,809 $431,524 $3,824,077 $108,285
2019 $512,345 $418,409 $3,846,507 $93,936
2018 $558,351 $497,905 $4,038,796 $60,446
Explore More Nonprofits
Top 100 Nonprofits in Connecticut Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare CHELSEA RELIANCE REALTY INC with other nonprofits in Connecticut and across the country.