2026-03-10T09:54:18-07:00 2025-06-30 061533072 WollackLewitz LLC 36 Elm Street Old Saybrook CT 06475 990 2024-07-01 201683627 HOPE PARTNERSHIP INC HOPE 8603889513 99B DURHAM ROAD MADISON CT 06443 STEPHEN DOWLER Treasurer 2026-03-05 true true JOSEPH J WOLLACK CPA P01217255 8603884451 2024 2025-03-06 01:10:19Z RENEE PALLENBERG 99B DURHAM ROAD MADISON CT 06443 836080 false X www.hope-ct.org X 2004 CT TO CREATE A CONTINUUM OF AFFORDABLE HOUSING OPTIONS IN ORDER TO HELP ENSURE AN ECLECTIC ECONOMY AND HOUSING CHOICES FOR ALL CITIZENS THROUGH THE COLLABORATIVE EFFORTS OF GOVERNMENTS, BUSINESSES, RELIGIOUS COMMUNITIES, CIVIC ORGANIZATIONS, AND INDIVIDUALS. 16 16 1 25 0 218810 97138 522130 728218 1667 6731 -5098 1537 737509 833624 0 0 79966 82148 0 6518 674050 675901 754016 758049 -16507 75575 8767633 8791106 1475126 1423024 7292507 7368082 HOPE PARTNERSHIP'S MISSION IS TO CREATE A CONTINUUM OF AFFORDABLE HOUSING OPTIONS IN LOWER MIDDLESEX COUNTY, OLD LYME AND SURROUNDING TOWNS IN ORDER TO HELP ENSURE A VIBRANT ECONOMY AND HOUSING CHOICES FOR ALL CITIZENS THROUGH THE COLLABORATIVE EFFORTS OF GOVERNMENTS, BUSINESSES, RELIGIOUS COMMUNITIES, CIVIC ORGANIZATIONS, AND INDIVIDUALS. false false 685454 IN ADDITION TO MAINTAINING AFFORDABLE HOUSING FOR 33 LOW-TO-MODERATE INCOME HOUSEHOLDS IN ESSEX AND OLD SAYBROOK, HOPE WORKED WITH OUR CO-DEVELOPERS ON 27 NEW UNITS OF HOUSING, 24 OF WHICH ARE AFFORDABLE, FOR A TOTAL OF 31 UNITS AT THIS CO-OWNED SITE. HOPE ALSO WORKED ON PRE-DEVELOPMENT, WITH A CO-DEVELOPER, TO REDEVELOP A HISTORIC SCHOOL IN CLINTON, THE PIERSON SCHOOL, INTO 50 SENIOR-PREFERENCE AFFORDABLE HOUSING UNITS. HOPE'S EFFORTS INCLUDED ADVOCATING FOR AFFORDABLE HOUSING IN THE COMMUNITIES THEY SERVE AS A WAY TO EDUCATE THE PUBLIC ON THE NEED WITH PRESENTATIONS TO COMMUNITY, BUSINESS, AND RELIGOUS ORGANIZATIONS. HOPE HAS MET WITH OR PRESENTED TO SEVERAL ELECTED OFFICIALS AND BOARDS/COMMITTEES IN OUR REGION. 685454 true true false false false false false false false false true false false false true false false false false false false false false false false false false false false false false false false false false false false false false false false false true false false false false true 11 0 true 1 true false false false false false false false 0 false false false false false false false X 16 16 false false false false false false false true true false false true true true true true true true false false X STEPHEN DOWLER 8603889513 99B DURHAM ROAD MADISON CT 06443 KARLA LINDQUIST Executive Dir. 30.00 0.00 X 77447 0 0 AVE CHIAT Director 1.00 0.00 X 0 0 0 STEPHEN DOWLER Treasurer 3.00 0.00 X 0 0 0 ANN FAUST Director 1.00 0.00 X X 0 0 0 LESLIE MCKILLIP Secretary 2.00 0.00 X X 0 0 0 LARRY FREUNDLICH Director 1.00 0.00 X 0 0 0 KEVIN LOOBY Director 1.00 0.00 X 0 0 0 BEEBE MILLER Director 1.00 0.00 X 0 0 0 LISA MCNULTY Director 1.00 0.00 X 0 0 0 BILL NEALE Director 1.00 0.00 X 0 0 0 RICHARD SCHOLNICK Director 1.00 0.00 X 0 0 0 TOM ORTOLEVA Director 1.00 0.00 X 0 0 0 LON SEIDMAN Director 1.00 0.00 X 0 0 0 MARYELLEN SHUCKEROW Director 1.00 0.00 X 0 0 0 RENEE PALLENBERG President 3.00 0.00 X X 0 0 0 AARON ORENSTEIN Director 2.00 0.00 X 0 0 0 DAVID CARSWELL Vice President 2.00 0.00 X X 0 0 0 77447 0 false false false 0 1000 96138 97138 DEVELOPER FEE INCOME 531390 281168 281168 RENT 531110 447050 447050 728218 6731 6731 0 0 0 0 500 2456 -1956 0 0 OTHER INCOME 900099 3493 3493 3493 833624 731711 6731 0 0 0 0 76131 60904 11420 3807 0 0 0 0 6017 4813 903 301 81727 81727 2315 2315 23581 23581 0 0 0 9178 9178 1353 1353 5122 2129 1936 1057 0 0 20398 17425 2973 0 0 0 45876 45876 0 255111 255111 27946 24379 3567 REPAIRS AND MAINTENANCE 91621 91621 CONDO FEES 76621 76621 ALLOWANCE FOR CREDIT LOSS 13478 13478 Real Estate Taxes 11370 11370 10204 10204 758049 685454 66077 6518 315126 258771 243855 318037 0 12324 257009 0 0 0 0 12349 12557 9823208 2025321 8040680 7797887 0 0 0 143299 136494 10351 8767633 8791106 42778 9460 15756 1432348 1362261 35547 1475126 1423024 X -692583 -370117 7985090 7738199 7292507 7368082 8767633 8791106 75575 X true X false true false X 4629469 28005 112010 191810 97138 5058432 89152 416742 437775 465896 447050 1856615 0 0 0 4718621 444747 549785 657706 544188 6915047 0 0 6915047 5 33 346 1667 6731 8782 0 5 33 346 1667 6731 8782 0 0 4718626 444780 550131 659373 550919 6923829 0.99870 0.99970 0.00130 0.00030 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 60000 60000 9735323 1998218 7737105 21238 20588 650 6647 6515 132 7797887 PET DEPOSITS 1200 SECURITY DEPOSITS 34347 35547 Form 990, Part VI, Section B, Line 11b THE EXECUTIVE COMMITTEE MEETS TO REVIEW AND APPROVE FORM 990 BEFORE IT IS FILED WITH THE IRS. COPIES ARE MADE AVAILABLE TO OTHER BOARD MEMBERS. Form 990, Part VI, Section B, Line 12c BOARD MEMBERS ARE PROVIDED A COPY OF THE CONFLICT OF INTEREST POLICY WHICH REQUIRES DISCLOSURE OF ANY POSSIBLE CONFLICTS. Form 990, Part VI, Section B, Line 15a THE BOARD OF DIRECTORS DETERMINES COMPENSATION BASED ON LOCAL MARKET CONDITIONS AND NUMBER OF HOURS THE POSITION REQUIRES. Form 990, Part VI, Section B, Line 15b NO OFFICERS OR MEMBERS OF THE BOARD OF DIRECTORS ARE COMPENSATED. Form 990, Part VI, Section C, Line 19 DOCUMENTS ARE AVAILABLE UPON REQUEST. LOFTS AT SPENCERS CORNER LLC 90 MAIN ST CENTERBROOK CT 06409 AFFORDABLE HOUSING CT 232056 5292141 HOPE PARTNERSHIP INC FERRY CROSSING LLC 45 FERRY ROAD OLD SAYBROOK CT 06475 AFFORDABLE HOUSING CT 220621 2972804 HOPE PARTNERSHIP INC false false false false false false false false false false false false false false false false false false false