GREATER DWIGHT COMMUNITY INVESTMENT CORP
230 EDGEWOOD AVENUE, NEW HAVEN, CT 06511

Total Revenue
$1,956,214
Total Expenses
$2,803,476
Net Assets
$1,047,179

Organizations Filed Purposes: GREATER DWIGHT COMMUNITY INVESTMENT CORPORATION IS A SUPPORTING ORGANIZATION, WITHIN THE MEANING OF SECTION 509(A)(3) OF THE CODE. THE CORPORATION SHALL PARTICIPATE IN EXCLUSIVELY CHARITABLE ACTIVITIES TO ADVANCE ECONOMIC VITALITY IN THE ECONOMICALLY DISTRESSED GREATER DWIGHT COMMUNITY. SUCH ACTIVITIES INCLUDE, BUT ARE NOT LIMITED TO, THE FOLLOWING:A) PARTICIPATING AS A MEMBER OF CORAL NEW HAVEN ASSOCIATES II, LLC, A LIMITED LIABILITY COMPANY ESTABLISHED FOR THE EXPESSSED AND LIMITED PURPOSE OF PURCHASING, FINANCING, LEASING, MANAGING AND SELLING "DWIGHT PLACE," A COMMERCIAL RETAIL SITE IN THE GREATER DWIGHT COMMUNITY, WHICH INCLUDES A SUPERMARKET (THE PROJECT).B) PROVIDING MANAGEMENT SERVICE FOR THE PROJECT.C) TRANSFERRING FUNDS TO THE GREATER DWIGHT DEVELOPMENT CORPORATION (GDDC) TO FURTHER ITS 510(C)(3) PURPOSES OR TO OTHER ORGANIZATIONS TO PERFORM THE FUNCTIONS OF OR TO FURTHER THE GDDC'S 501(C)(3) PURPOSE.

GREATER DWIGHT COMMUNITY INVESTMENT CORPORATION IS A SUPPORTING ORGANIZATION, WITHIN THE MEANING OF SECTION 509(A)(3) OF THE CODE. THE CORPORATION SHALL PARTICIPATE IN EXCLUSIVELY CHARITABLE ACTIVITIES TO ADVANCE ECONOMIC VITALITY IN THE ECONOMICALLY DISTRESSED GREATER DWIGHT COMMUNITY.

PARTICIPATED AS THE SOLE MEMBER OF CORAL NEW HAVEN ASSOCIATES II, LLC, A LIMITED LIABILITY COMPANY ESTABLISHED FOR THE EXPESSSED AND LIMITED PURPOSE OF PURCHASING, FINANCING, LEASING, MANAGING AND SELLING "DWIGHT PLACE," A COMMERCIAL RETAIL SITE IN THE GREATER DWIGHT COMMUNITY, WHICH WILL INCLUDES A SUPERMARKET (THE PROJECT, WHICH WAS FULLY LEASED DURING THE YEAR, PROVIDING POSITIVE CASH FLOW WHICH ALLOWED THE ORGANIZATION TO TRANSFER FUNDS IN THE AMOUNT OF $422,481 TO THE GREATER DWIGHT DEVELOPMENT CORPORATION (GDDC) TO FURTHER ITS 510(C)(3) PURPOSES. IN MANAGING THE CENTER THE ORGANIZATION WAS ABLE TO PROVIDE ACCESS TO REASONABLY PRICED, QUALITY FOOD AND DEVELOP MARKET-RATE JOBS TO THE COMMUNITY.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
Anne DemchekSECRETARY2$0
Gary TinneyDIRECTOR2$0
Linda Townsend-MaierPRESIDENT2$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202110559349301516_public.xml