Mission
TO PROVIDE AND SPONSOR, FOR THE BENEFIT OF THE PUBLIC, PROGRAMS TO DEVELOP AFFORDABLE HOUSING LOCATIONS THROUGHOUT SOUTHERN CONNECTICUT
Public Charity
SHORE AREA COMMUNITY DEVELOPMENT CORPORATION
SHORE AREA COMMUNITY DEVELOPMENT CORPORATION, of NEW HAVEN, CT, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $4.0M in revenue, $6.0M in expenses, $27.8M in total assets.
EIN: 061449234
NEW HAVEN, CT
Housing Development, Construction & Management
NTEE: L20
Latest filing: 2024
Total Revenue$4.0M
Total Expenses$6.0M
Total Assets$27.8M
Grant Records0
Filing Years2019–2024
Where $100 goes at Shore Area Community Development Corporation
How Shore Area Community Development Corporation divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.
$100
Programs
the work itself
<$1
Management
running the organization
$0
Fundraising
none reported
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Inside the $100 for programs
$100
To improve the lives of individuals and families by ensuring affordable quality housing, by improving the social and economic stability of neighborhoods and by expanding locally based community…
Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Officers & Directors
DIRECTOR
Barbara Szabo
DIRECTOR
Christopher Rosario
FORMER PRESIDENT/CEO
David Stevenson
CHAIR
Jacob Cedusky
SR VP/COO
Jasmin Cardona
DIRECTOR
Jenita Hayes
Officer compensation and complete director data available with membership.
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $4.0M | $6.0M | $27.8M |
| 2023 | $3.9M | $5.0M | $28.7M |
| 2022 | $3.4M | $4.6M | $29.3M |
| 2020 | $3.6M | $4.1M | $29.1M |
| 2019 | $2.5M | $3.9M | $28.3M |
Between 2019 and 2024, reported annual revenue grew from $2.5M to $4.0M (+60%), with total assets most recently reported at $27.8M.
Interactive year-over-year charts and full filing details available with membership.