Rainbow Housing Corporation

Public charity · Grantmaker Middletown, CT EIN: 06-1237602

To identify, prepare and establish residential facilities for persons with mental illness and substance abuse challenges and hold these and other fixed assets.

Key facts about Rainbow Housing Corporation

In short: Rainbow Housing Corporation gave $185K across 1 grant in 2025 (avg $185K), mostly in Connecticut. Source: 2025 IRS Form 990.

EIN
06-1237602
Latest 990 filing
Form 990, 2025
Annual giving (2025)
$185,000
Grants made (2025)
1
Average grant
$185,000
Median grant
$185,000
Total assets
$5,136,644
Primary geography
Connecticut (100% of itemized 2025 grant dollars)

Data from IRS Form 990, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990 · View filing

Total Assets

$5.1M

+55.9% YoY

Annual Giving

$185K

Grant Count

1

Avg Grant Size

$185K

About Rainbow Housing Corporation

Based on IRS filings

Rainbow Housing Corporation is a public charity, based in Middletown, CT. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $5.1M in total assets. In 2025, it awarded 1 grant totaling $185K. Net investment income was $145K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of all 1 itemized 2025 grant dollars.

States

Cities

Middletown

Giving Over Time

Total grant dollars and number of grants per year

$0$50K$100K$150K$200K0 grants2019 0 grants2020 0 grants2021 0 grants2022 0 grants2023 0 grants2024 1 grants2025

In 2025 it made 1 grant totaling $185K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2025

Gilead Community Services Inc: $185KGilead Community Services Inc$185K

The largest 2025 recipient was Gilead Community Services Inc ($185K).

Grant Size Distribution

1 grants across all recorded years

<$50K$50–100K1$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was in the $100–250K range: 1 grant of 1 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Gilead Community Services Inc Middletown, CTProgram Support$185,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Net Investment Income
$0$1M$2M$3M2019 2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$5,136,644$3,294,120$3,688,247
Revenue$2,219,251$468,499$333,515
Expenses$438,211$308,207$303,243
Net Investment Income$144,521$100,619$22,832

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990 for fiscal year 2019 (received by the IRS July 7, 2020)
  2. Added Form 990 for fiscal year 2025 (received by the IRS May 15, 2026)

Leadership & Key People

Officers and directors from IRS filings

Rainbow Housing Corporation is led by Daniel E. Osborne, Ceo-Gilead since 2022 (on filings since 2019); none of the 11 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Daniel E. Osborne

    Ceo-Gilead

    Ceo-Rainbow → Ceo-Gilead, 2022

    On filings since 2019

    No compensation reported

  • Barry M. Simon

    President

    On filings since 2019

    No compensation reported

  • Ray Bourret

    Chair

    On filings since 2024

    0.5 hrs/week

    No compensation reported

  • Cathy Boone

    Director

    On filings since 2019

    0.5 hrs/week

    No compensation reported

  • Laura Patey

    Director

    Director → Chair, 2022

    Chair → Director, 2023

    On filings since 2019

    0.5 hrs/week

    No compensation reported

  • Paul Zakarian

    Director

    Director → Vice Chair, 2022

    Vice Chair → Director, 2023

    On filings since 2020

    0.5 hrs/week

    No compensation reported

  • Russ Hassmann

    Director

    On filings since 2020

    0.5 hrs/week

    No compensation reported

  • Gayle Wintjen

    Secretary

    General Counsel → Secretary, 2023

    On filings since 2019

    No compensation reported

  • Christine D. Leiby

    Treasurer

    Director of → Treasurer, 2021

    On filings since 2020

    No compensation reported

  • Justin Salvio

    COO

    On filings since 2023

    No compensation reported

  • Lucy McMillian

    Secretary

    On filings since 2023

    No compensation reported

Former officers (8)
  • Former: Michael Hannah (2019–2023) — Director
  • Former: Richard Handel (2019–2023) — Chair
  • Former: Bruce Stovall (2019–2022) — COO
  • Former: Gary Wallace (2019–2020) — Director
  • Former: James T. Jones (2019–2020) — Treasurer
  • Former: Jeffrey Burgess (2019–2020) — Director
  • Former: Brigitte Bourret (2019) — Director Finance
  • Former: James Probolus (2019) — Treasurer & Secretary

Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about Rainbow Housing Corporation

How much does Rainbow Housing Corporation give each year?

Rainbow Housing Corporation gave $185K across 1 grant in 2025, according to its 2025 IRS Form 990.

How large is Rainbow Housing Corporation?

Rainbow Housing Corporation reported $5.1M in total assets on its 2025 IRS Form 990. Its revenue that year was $2.2M.

Where does Rainbow Housing Corporation operate?

Rainbow Housing Corporation has awarded grants in Connecticut.

What is Rainbow Housing Corporation's EIN?

Rainbow Housing Corporation's EIN (Employer Identification Number) is 06-1237602. IRS Form 990 filing data is available on this page for 2019–2025.

Data last updated September 2026. Sourced from IRS Form 990 filings.

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