House of Heroes Connecticut Chapter Inc
Nonprofit profile at a glance
- EIN
- 454794687
- IRS 990 coverage
- 2016–2025
- Forms available
- Form 990 2025, Form 990-EZ 2015
- Location
- Hamden, CT, USA
- Phone
- 2034945638
- Rating
- 66
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $427,525
- Expenses
- $207,356
- Assets
- $894,628
- Liabilities
- $6,196
Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
13 people listed
Executive titles in this filing
- Carol May (Executive Director)
- Steven Cavanaugh (President)
Highest reported compensation
- Dennis Buden (Sr Advisor, Director): $22,000 total reported compensation
- Carol May (Executive Director): $18,000 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
See Schedule O
What it reported doing in 2025
Through fundraising efforts and sponsorships, this program assists with the housing security of military and public safety veterans.
Operating model
- Revenue model
- Donor-supported. 95% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 43
- Transparency & Controls: 80
- Accountability: 82
- Sustainability: 73
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 33.7%; rating input score 34
- Program expense ratio: 62.7%; rating input score 63
- Fundraising efficiency: $7.38 raised per $1 spent on fundraising; rating input score 30; 30th percentile among comparable filings
Transparency & Controls
- Consistency checks: 84.6%; rating input score 85; 3rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
- Governance controls: 5 of 9 controls in place; rating input score 56
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Fail
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 51.5%; rating input score 91; 91st percentile among comparable filings
- Total-asset coverage ratio: 4.31; rating input score 77; 77th percentile among comparable filings
- Liabilities to assets ratio: 0.01; rating input score 42; 42nd percentile among comparable filings
- Officer compensation ratio: 19.3%; rating input score 19; 19th percentile among comparable filings
Growth
- Program expense growth: 2.5% per year; rating input score 100; 39th percentile among comparable filings
- Revenue growth: 10.7% per year; rating input score 100; 71st percentile among comparable filings
- Asset growth: 21.1% per year; rating input score 100; 84th percentile among comparable filings
Details
- Where the money goes: 33.7% of revenue deployed · 62.7% of spending went to programs
- Governance: 13 of 13 board members independent · 5 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $130K in reported program spending
- Leadership: top reported pay $22K · 13 people listed
- Consistency: 26 of 28 current checks pass · 2 findings to review
- Schedules: 5 filed schedules · includes major donors
- Filing history: 10 filing years from 2016 to 2025
- Contacts: How to reach this organization
- Money network: 4 filed money-flow records
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- Moderate — Financial Efficiency: Mission deployment rate scored 34/100.
- Review — Accountability: Governance controls: 3 of 8 not reported.
- Moderate — Financial Efficiency: Fundraising efficiency scored 30/100.
- Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
- Moderate — Transparency & Controls: Schedule D land buildings reconciliation did not reconcile in the filed values.
- High — Sustainability: Officer compensation ratio scored 19/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 42/100.
- Review — Grant Readiness: SAM / OFAC restrictions: this organization returned a name match close enough to need a human check before a grant is released.