2024-10-01T16:02:32-05:00 2023-12-31 060903326 WHITTLESEY PC 280 TRUMBULL ST 24TH FL HARTFORD CT 06103 990 2023-01-01 463843748 SASCO CREEK DEVELOPMENT CORPORATION SASC 2032274672 5 CANAL STREET WESTPORT CT 06880 CAROL MARTIN SECRETARY 2032274672 2024-09-30 1 1 EDWARD ENGBERG P01341179 8605223111 2023 2024-10-15 13:58:12Z CAROL MARTIN 5 CANAL STREET WESTPORT CT 06880 5189802 0 X WESTPORTHA.ORG X 2012 CT SEE PAGE 2, PART III FOR A DETAILED DESCRIPTION OF THE CORPORATION'S MISSION. 4 3 0 4 0 0 879815 962797 237427 276666 46954 23849 0 13452 1164196 1276764 0 0 0 0 121535 283263 0 0 0 1319063 1243753 1440598 1527016 -276402 -250252 17898311 18293211 7661229 7518327 10237082 10774884 X THE PURPOSE OF THE CORPORATION IS TO DEVELOP, REDEVELOP, MANAGE, FINANCE, SPONSOR, INVEST IN, OWN, OPERATE AND/OR EXPAND THE AVAILABILITY OF LOW AND MODERATE INCOME, DISABLED, ELDERLY, MIXED-INCOME AND/OR MIXED-USE AFFORDABLE HOUSING DEVELOPMENTS, OR COMPONENTS THEREOF, IN AND AROUND FAIRFIELD COUNTY, CONNECTICUT. 0 0 1128749 276666 RENOVATION AND OPERATION OF CANAL PARK APARTMENTS, A 50-UNIT APARTMENT COMPLEX LOCATED IN WESTPORT, CONNECTICUT THAT PROVIDES LOW INCOME, ELDERLY AND DISABLED AFFORDABLE HOUSING. 1128749 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 2 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 4 3 0 0 0 0 0 0 0 1 1 0 0 1 1 0 0 0 0 0 0 0 CT X CAROL MARTIN 2032274672 5 CANAL STREET WESTPORT CT 06880 DAVID A NEWBERG PRESIDENT 0.40 X X 0 0 0 KATHRYN KNAPP TREASURER 0.40 X X 0 0 0 BARBARA BUTLER DIRECTOR 0.40 X 0 0 0 CAROL MARTIN EXECUTIVE DIRECTOR 5.00 35.00 X 0 165000 0 0 165000 0 0 0 1 0 0 962797 962797 RENTAL REVENUE 531110 178207 178207 OTHER REVENUE 531390 98459 98459 276666 113399 113399 3823488 3913038 -89550 -89550 -89550 FORGIVENESS OF DEBT 900099 13452 13452 13452 1276764 276666 0 37301 259478 129739 129739 23785 11892 11893 57038 57038 30855 7855 23000 37503 37503 5625 5625 7402 7402 18600 18600 241516 137787 103729 310598 223820 86778 427294 427294 100411 100411 TENANT RELATIONS 6911 6911 1527016 1128749 398267 0 167659 224885 248456 251317 35297 38558 1000000 1000000 66056 78554 12520620 2551921 10353313 9968699 6012109 6698596 15421 32602 17898311 18293211 297046 272413 7364183 7245914 7661229 7518327 X 10237082 10774884 10237082 10774884 17898311 18293211 -250252 788054 0 X X 0 1 X 1 0 X 799473 856499 855913 879815 962797 4354497 799473 856499 855913 879815 962797 4354497 4354497 150060 62208 72799 90797 113399 489263 4843760 0.89900 0.88940 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 12503748 2543797 9959951 16872 8124 8748 9968699 2027315 788054 788054 1239261 37503 37503 1276764 1489513 0 1489513 37503 37503 1527016 0 0 0 0 0 0 0 0 0 CAROL MARTIN EXECUTIVE DIRECTOR 0 165000 0 0 0 0 0 0 0 0 0 165000 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS PREPARED BY AN INDEPENDENT ACCOUNTANT AND REVIEWED BY THE SECRETARY AND BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 19 THE CORPORATION MAKES ITS FORM 990 AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST. FORM 990, PART XII, LINE 2C: THE PROCESSS HAS NOT CHANGED FROM THE PRIOR YEAR. CANAL PARK LLC 5 CANAL STREET WESTPORT CT 06880 371854816 AFFORDABLE HOUSING CT 1145100 10469100 SASCO CREEK DEVELOPMENT CORPORATION WESTPORT HOUSING AUTHORITY 5 CANAL STREET WESTPORT CT 06880 066000421 PUBLIC HOUSING AUTHORITY CT N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 WESTPORT HOUSING AUTHORITY P 149119 COST WESTPORT HOUSING AUTHORITY Q 18557 COST