philanthropy.org | 990 Resource | FAQ Verify yourself
Sign in

Twin Haven INC FY2020 filing

Tax-deductible

East Lyme, CT501(c)(3)Since 1975EIN 23-7287299Revenue $563K in FY2020

On file with the IRSPo Box 242, 06333-0242 · East Lyme, CTTax-exempt since Dec 1975Publicly supported — 509(a)(2)

This page gets seen. Tell your story. Claim this org.

Disabled, handicapped, elderly housing

501(c)(3) charity; gifts are tax-deductible.
81¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 6
filings with a surplus
Average deficit $46K a year · 8% of revenue · last 6 filings
Concern: a surplus in 1 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
81%
of spending
Looks good: 81% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
16 mo
of spending, in cash
Looks good: 15.9 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$1.9M
105% of total assets
Concern: liabilities are 105% of assets; over 80%.
Pt X · Ln 26
Independent board members
10
of 10 voting members
Looks good: 10 of 10 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$563K
Spent
$597K
To programs
81%
Net assets
−$88K
By yearFY2020–FY2025
Revenue
$563K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$563K
FY2021$590K
FY2022$595K
FY2023$612K
FY2024$651K
FY2025$686K
Expenses
$597K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$597K
FY2021$509K
FY2022$615K
FY2023$720K
FY2024$791K
FY2025$742K
Net assets
−$88K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020−$88K
FY2021$74K
FY2022−$45K
FY2023−$154K
FY2024−$349K
FY2025−$406K

From the FY2020 Form 990 · see the original

Form 990 (PDF) Claim
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Dec 1975.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

81 cents of each dollar spent went to programs.

Program services 81% · $482K Management & general 19% · $115K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? The org can add a note here. Claim this org to fix it.

Who runs it and what they're paid

11 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
$0Pt VII · Sec A
Brian Steady
Treasurer
$0Pt VII · Sec A
Burt Hobby
Director
$0Pt VII · Sec A
Lois Hobby
Director
$0Pt VII · Sec A
Pat Reynolds
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
Susan Steady
President
$0Pt VII · Sec A
See Twin Haven INC executive salaries →

Are you one of these people? Claim this org to confirm your role

Something off? The org can add a note here. Claim this org to fix it.

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Provides accessible housing for disabled, handicapped, and elderly individuals.

Questions for Twin Haven INC

Tap to ask. Twin Haven INC sees how many people are interested.

Your first name shows with your question. Twin Haven INC answers here, for everyone.

Provided by the organization

Know this organization? Claim it to add your story

1 program · $482K · in their own filed words · FY2020
01

Affordable and subsidized housing for the disabled, handicapped and elderly.

$482Kprogram expense

By the numbers

The FY2020 990, line by line.

Download 990
from philanthropy.org
1The main four
Money inPt VIII
$563K
Ln 12
Fees for servicesLn 2g$562K
Investment incomeLn 3$526
Money outPt IX
$597K
Ln 25
Programscol B$482K
Managementcol C$115K
Owns and owesPt X
−$88K
net assets · Ln 32
Cash and savingsLn 1–2$790K
Total assetsLn 16$1.8M
LiabilitiesLn 26$1.9M
PeoplePt VI, VII
11
listed · VII A
PaidVII A0
Voting boardVI 1a10
IndependentVI 1b10
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$562K
Investment incomeLn 3$526
Total revenueLn 12$563K
Assets in detailPt X, end of year
CashLn 1$151K
SavingsLn 2$639K
Cash and savings togetherLn 1–2$790K
Land, buildings, equipmentLn 10c$987K
Total assetsLn 16$1.8M
LiabilitiesLn 26$1.9M
Net assetsLn 32−$88K
OperationsPt I, VI
EmployeesI 50
VolunteersI 60
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$332K$790K
Land, buildings, equipmentLn 10c$362K$987K
Total assetsLn 16$717K$1.8M
LiabilitiesLn 26$771K$1.9M
Net assetsLn 32−$54K−$88K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$104K$91K$13K
Payroll taxesLn 10$22K$19K$3K
Management feesLn 11a$66K$66K
Accounting feesLn 11c$8K$8K
Advertising and promotionLn 12$337$337
Office expensesLn 13$24K$24K
Conferences, conventions and meetingsLn 19$514$514
InterestLn 20$46K$46K
Depreciation, depletion and amortizationLn 22$20K$20K$200
InsuranceLn 23$36K$36K
Other expenses (24a–d)Ln 24$270K$269K$699
Total functional expensesLn 25$597K$482K$115K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $686K$742K−$56K−$406K 990 PDF
FY2024 $651K$791K−$140K−$349K 990 PDF
FY2023 $612K$720K−$108K−$154K 990 PDF
FY2022 $595K$615K−$20K−$45K 990 PDF
FY2021 $590K$509K$81K$74K 990 PDF
FY2020 Viewing $563K$597K−$34K−$88K 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2020 990 (6 parts)
Part I · Summary $562,958 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $0$0
I-9 Program service revenuePrior year $625,684$562,432
I-10 Investment incomePrior year $514$526
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $626,198$562,958
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $125,228$126,301
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $438,380$470,738
I-18 Total expensesPrior year $563,608$597,039
I-19 Revenue less expensesPrior year $62,590−$34,081
Part VI · Governance 10 of 10 board members independent, 1 to look at
VI-1a Voting members of the governing body10
VI-1b Independent voting members10
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $562,958 across 3 lines filed
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $562,432$562,432
VIII-3 Investment incomeExcluded from tax $526$526
VIII-12 Total revenueRelated to mission $562,432 · Unrelated business $0 · Excluded from tax $526$562,958
Part IX · Statement of functional expenses $597,039 across 11 lines filed
IX-7 Other salaries and wagesPrograms $91,299 · Management $13,058$104,357
IX-10 Payroll taxesPrograms $19,198 · Management $2,746$21,944
IX-11a Management feesManagement $66,172$66,172
IX-11c Accounting feesManagement $7,516$7,516
IX-12 Advertising and promotionManagement $337$337
IX-13 Office expensesManagement $24,037$24,037
IX-19 Conferences, conventions and meetingsManagement $514$514
IX-20 InterestPrograms $46,070$46,070
IX-22 Depreciation, depletion and amortizationPrograms $19,765 · Management $200$19,965
IX-23 InsurancePrograms $36,084$36,084
IX-24 Other expenses (24a–d)Programs $269,344 · Management $699$270,043
IX-25 Total functional expensesPrograms $481,760 · Management $115,279 · Fundraising $0$597,039
Part X · Balance sheet $1,809,269 assets, 13 lines filed
X-1 Cash, non-interest-bearingStart of year $126,354$150,990
X-2 Savings and temporary cash investmentsStart of year $205,421$639,155
X-4 Accounts receivableStart of year $3,196$11,430
X-9 Prepaid expenses and deferred chargesStart of year $13,648$14,119
X-10c Land, buildings and equipment, netStart of year $361,628$986,738
X-14 Intangible assetsStart of year $6,837$6,837
X-16 Total assetsStart of year $717,084$1,809,269
X-17 Accounts payable and accrued expensesStart of year $23,938$27,076
X-25 Other liabilitiesStart of year $33,342$34,255
X-26 Total liabilitiesStart of year $771,237$1,897,503
X-27 Net assets without donor restrictionsStart of year −$54,153−$88,234
X-32 Total net assets or fund balancesStart of year −$54,153−$88,234
X-33 Total liabilities and net assetsStart of year $717,084$1,809,269
Part XI · Reconciliation of net assets −$88,234 net assets at year end
XI-1 Total revenue$562,958
XI-2 Total expenses$597,039
XI-3 Revenue less expenses−$34,081
XI-4 Net assets at start of year−$54,153
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year−$88,234

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.