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Nonprofit · EIN 86-1766233

CHRYSALIS CENTER HOUSING DEVELOPMENT CORPORATION

Tax-exempt · HARTFORD, CT 06112

Financials

$4.9M$13K2022$881K$10K2023$7.7M$1M2024
Revenue Expenses · by fiscal year end
Financials of CHRYSALIS CENTER HOUSING DEVELOPMENT CORPORATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$7,665,265$1,043,634$6,621,631$24,659,531$8,055,827$16,603,704
June 30, 2024990$881,490$10,011$871,479$2,302,258$1,430,779$871,479
June 30, 2023990$4,932,276$12,623$4,919,653$5,644,860$725,207$4,919,653
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$7,186,041
of which government grants
$7,186,041
Program service revenue
$474,119
Investment income
$0
Other revenue
$5,105

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$2,894
Accounting fees
$31,381
Occupancy
$182,763
Depreciation
$362,304
Program services (functional)
$1,043,634

Balance sheet and other

Total assets, start of year
$2,302,258
Total assets, end of year
$24,659,531
Total liabilities, end of year
$8,055,827
Net assets, end of year
$16,603,704
Land, buildings and equipment
$21,667,940
Net assets without donor restrictions
$548,349
Net assets with donor restrictions
$16,055,355
Gross receipts
$7,665,265
Employees
0
Volunteers
0
Year formed
2020
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 June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
SHARON CASTELLICHRYSALIS CEO
Officer
1$0$296,461$38,605
JUDITH GOUGHCHRYSALIS COS
Officer
1$0$173,152$20,289
JOHN MILESCHRYSALIS CFO
Officer
1$0$83,338$4,970
JEAN WAGNERCHAIR
Trustee or director, Officer
1$0$0$0
THOMAS P KENNEDYVICE CHAIR
Trustee or director, Officer
1$0$0$0
JAMES CHRISTOPHERSECRETARY/TREASURER
Trustee or director, Officer
1$0$0$0
YVONNE BENNETTDIRECTOR
Trustee or director
1$0$0$0
BRIDGET D'ANGELODIRECTOR
Trustee or director
1$0$0$0
MARK FISHERDIRECTOR
Trustee or director
1$0$0$0
KIMALEE WILLIAMSDIRECTOR
Trustee or director
1$0$0$0
990 for the year ended June 30, 2024: 8 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
SHARON CASTELLICHRYSALIS CEO
Officer
1$0$304,651$36,169
WENDY D BRIERECHRYSALIS CFO
Officer
1$0$183,186$43,070
JUDITH GOUGHCHRYSALIS COS
Officer
1$0$170,294$19,131
TIA CINTRONCHAIR
Trustee or director, Officer
1$0$0$0
THOMAS P KENNEDYVICE CHAIR
Trustee or director, Officer
1$0$0$0
JAMES CHRISTOPHERSECRETARY/TREASURER
Trustee or director
1$0$0$0
BRIDGET D'ANGELODIRECTOR
Trustee or director
1$0$0$0
MARK FISHERDIRECTOR
Trustee or director
1$0$0$0
990 for the year ended June 30, 2023: 7 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
SHARON CASTELLICHRYSALIS CEO
Officer
1$0$294,833$33,808
WENDY D BRIERECHRYSALIS CFO
Officer
1$0$198,394$39,591
TIA CINTRONCHAIR
Trustee or director, Officer
1$0$0$0
THOMAS P KENNEDYVICE CHAIR
Trustee or director, Officer
1$0$0$0
JAMES CHRISTOPHERSECRETARY/TREASURER
Trustee or director
1$0$0$0
BRIDGET D'ANGELODIRECTOR
Trustee or director
1$0$0$0
MARK FISHERDIRECTOR
Trustee or director
1$0$0$0

Address and contacts

Address (IRS master file)
255 HOMESTEAD AVE, HARTFORD, CT 06112-2392
In care of
% WENDY BRIERE
Mailing address (990-N for 2021)
255 HOMESTEAD AVENUE, HARTFORD CT 06112
Principal officer (990 for 2024)
SHARON CASTELLI, 255 HOMESTEAD AVENUE, HARTFORD, CT 06112
Principal officer (990-N for 2021)
SHARON CASTELLI, 255 HOMESTEAD AVENUE, HARTFORD CT 06112
Signed the 990
SHARON CASTELLI, CHIEF EXECUTIVE OFFICER
Phone
(860) 263-4431
Return prepared by
WHITTLESEY PC

Mission

CHRYSALIS CENTER HOUSING DEVELOPMENT CORPORATION (CCHDC) IS A PRIVATE 501(C)3 HOUSING DEVELOPMENT ORGANIZATION, ESTABLISHED IN 2020, THAT POSITIVELY TRANSFORMS URBAN AND RURAL ENVIRONMENTS BY DEVELOPING AFFORDABLE HOUSING THROUGHOUT CONNECTICUT. CCHDC FOCUSES ON BUILDING HOUSING FOR THE UNDERSERVED AND CREATES QUALITY HOUSING THROUGHOUT CONNECTICUT THAT IS SAFE AND AFFORDABLE AND FOSTERS A SENSE OF HOME TO CREATE A HEALTHY LIVING ENVIRONMENT.

990 for the year ended June 30, 2025

Program accomplishments

  • THE BERKOWITZ IS THE REHABILITATION OF A VACANT, HISTORIC BUILDING FEATURING 24 STUDIO, ONE AND TWO-BEDROOM UNITS, WHICH OPENED IN DECEMBER 2023 AND IS LOCATED AT 608 MAIN STREET, IN THE LITTLE POLAND NEIGHBORHOOD OF NEW BRITAIN, CT. ALL UNITS ARE AFFORDABLE HOUSING AT 50% AMI. THIS PROJECT ACTS AS A GATEWAY TO DOWNTOWN NEW BRITAIN.
    Expenses $344,924 · revenue $289,668
  • MURRAY ON MAIN CONSISTS OF 16 ONE-BEDROOM UNITS OF AFFORDABLE HOUSING LOCATED AT 699 MAIN STREET. THE BUILDING WAS THE FORMER MURRAY DEPARTMENT STORE. THE BUILDING IS LOCATED IN THE HEART OF DOWNTOWN WILLIMANTIC. THE LOWER LEVEL OF THE BUILDING OFFERS TENANT SPACE.
    Expenses $698,710 · revenue $184,451

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 June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
86-1766233
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
2022
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$24,659,531
Income (IRS master file)
$7,665,265

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$7,665,265$1,043,634$24,659,531IRS
990June 2024$881,490$10,011$2,302,258IRS
990June 2023$4,932,276$12,623$5,644,860XML
990-N for 2021
Officer: SHARON CASTELLI
June 30, 2022≤ $50,000 receipts––e-Postcard

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 86-1766233).

Questions about CHRYSALIS CENTER HOUSING DEVELOPMENT CORPORATION

What is the EIN of CHRYSALIS CENTER HOUSING DEVELOPMENT CORPORATION?
The employer identification number (EIN) of CHRYSALIS CENTER HOUSING DEVELOPMENT CORPORATION is 86-1766233.
Is CHRYSALIS CENTER HOUSING DEVELOPMENT CORPORATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
Are donations to CHRYSALIS CENTER HOUSING DEVELOPMENT CORPORATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does CHRYSALIS CENTER HOUSING DEVELOPMENT CORPORATION 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 CHRYSALIS CENTER HOUSING DEVELOPMENT CORPORATION due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did CHRYSALIS CENTER HOUSING DEVELOPMENT CORPORATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of CHRYSALIS CENTER HOUSING DEVELOPMENT CORPORATION?
The 990 for the year ended June 30, 2025 names SHARON CASTELLI.
Who are the officers and directors of CHRYSALIS CENTER HOUSING DEVELOPMENT CORPORATION?
The 990 for the year ended June 30, 2025 lists 10 people; 0 received compensation from the organization.
How much revenue does CHRYSALIS CENTER HOUSING DEVELOPMENT CORPORATION have?
On its 990 for the year ended June 30, 2025 it reported revenue of $7,665,265, expenses of $1,043,634 and total assets of $24,659,531 at year end.

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