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Nonprofit · EIN 06-1624050

TROUT BROOK REALTY ADVISORS INC

Tax-exempt · WEST HARTFORD, CT 06110

Financials

$5.9M$4M2023$4.8M$4.4M2024
Revenue Expenses · by fiscal year end
Financials of TROUT BROOK REALTY ADVISORS INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$4,810,895$4,432,254$378,641$39,413,260$28,555,745$10,857,515
December 31, 2023990$5,906,089$3,960,566$1,945,523$38,467,744$27,988,870$10,478,874
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$2,627,980
of which government grants
$825,456
Program service revenue
$2,087,948
Investment income
$70,897
Net gain from sales of assets
-$18,778
Other revenue
$24,070

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$0
Other salaries and wages
$532,427
Salaries, compensation and benefits (total)
$749,515
Professional fundraising fees
$0
Legal fees
$9,231
Accounting fees
$42,160
Occupancy
$1,278,909
Travel
$8,368
Depreciation
$989,358
Program services (functional)
$3,906,654
Management and general (functional)
$525,600

Balance sheet and other

Total assets, start of year
$38,467,744
Total assets, end of year
$39,413,260
Total liabilities, end of year
$28,555,745
Net assets, end of year
$10,857,515
Land, buildings and equipment
$29,958,284
Net assets without donor restrictions
$10,857,515
Gross receipts
$4,829,673
Employees
0
Volunteers
4
Year formed
2001
State of legal domicile
CT

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
JILL CORRADOCEO & Treasurer
Officer
20$0$186,154$30,428
MARK D'ADDABBOVice President
Trustee or director
2$0$0$0
RANDY KABAKOFFPresident
Trustee or director
2$0$0$0
LEE MULVIHILL REYNOLDSSecretary
Trustee or director
2$0$0$0
990 for the year ended December 31, 2023: 4 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
JILL CORRADOCEO & Treasurer
Officer
8$0$162,300$27,209
MARK D'ADDABBOVice President
Trustee or director
2$0$0$0
RANDY KABAKOFFPresident
Trustee or director
2$0$0$0
LEE MULVIHILL REYNOLDSSecretary
Trustee or director
2$0$0$0

Address and contacts

Address (IRS master file)
80 SHIELD ST, WEST HARTFORD, CT 06110-1920
In care of
% LYNN KOROSER
Signed the 990
JILL CORRADO, CEO & TREASURER
Phone
(860) 953-0002
Return prepared by
Maletta & Company

Mission

To create, preserve, revitalize and pursue affordable housing and community development opportunities that serve a diverse mix of households, to entertain, through partnerships or through consultative services, affordable housing activity throughout the State of Connecticut, to seek to promote a viable and dynamic community through leadership and collaborative activities, and to focus on maintaining and managing quality housing and providing residential services that afford our residents the opportunity to achieve personal growth and financial independence.

990 for the year ended December 31, 2024

Program accomplishments

  • OPERATE 137 UNITS OF LOW INCOME HOUSING FOR THE ELDERLY, known as AE Plant
    Expenses $2,105,585 · revenue $732,634
  • OPERATE 47 UNITS OF LOW AND MODERATE INCOME HOUSING, KNOWN AS THE GOODWIN
    Expenses $947,743 · revenue $768,250
  • OPERATE 40 UNITS OF ELDERLY LOW INCOME HOUSING, KNOWN AS Elm Grove
    Expenses $542,214 · revenue $132,059
  • OVERSEE CONSTRUCTION AND REHABILITATION OF MODERATE AND LOW INCOME HOUSING.
    Expenses $311,112 · revenue $433,104
  • PROVIDE SUPPORT FOR LOW INCOME ELDERLY INDIVIDUALS.
    grants $83,056

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
06-1624050
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2001
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$39,413,260
Income (IRS master file)
$4,829,673

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$4,810,895$4,432,254$39,413,260XML
990December 2023$5,906,089$3,960,566$38,467,744XML
990December 2022$4,521,494$4,121,708$37,087,282IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 06-1624050).

Questions about TROUT BROOK REALTY ADVISORS INC

What is the EIN of TROUT BROOK REALTY ADVISORS INC?
The employer identification number (EIN) of TROUT BROOK REALTY ADVISORS INC is 06-1624050.
Is TROUT BROOK REALTY ADVISORS INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2001.
Are donations to TROUT BROOK REALTY ADVISORS INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does TROUT BROOK REALTY ADVISORS INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of TROUT BROOK REALTY ADVISORS INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did TROUT BROOK REALTY ADVISORS INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who are the officers and directors of TROUT BROOK REALTY ADVISORS INC?
The 990 for the year ended December 31, 2024 lists 4 people; 0 received compensation from the organization.
How much revenue does TROUT BROOK REALTY ADVISORS INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $4,810,895, expenses of $4,432,254 and total assets of $39,413,260 at year end.

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