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Berkshire Fund

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 042483221 ✦ Pittsfield, MA ✦ Designated as a 501(c)(3)

Overview

What is Berkshire Fund?

Berkshire Fund is a nonprofit organization situated in Pittsfield, Massachusetts. Their primary focus is to provide affordable housing solutions for low-income individuals. This includes offering second mortgages to first-time homebuyers, revitalizing deteriorated housing, and managing rental properties for single parents, their children, and families in need. Their mission is to improve living conditions and promote stability for these vulnerable groups.


Is Berkshire Fund legitimate?

Berkshire Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Berkshire Fund submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $341,012

For more financial information, click here


What is the mission statement of Berkshire Fund?
Who is the CEO of Berkshire Fund?
What is the revenue of Berkshire Fund?
Who are the executives of Berkshire Fund and what are their salaries?
Where can I find the form 990 for Berkshire Fund?

Mission Statement of Berkshire Fund

Berkshire Fund is a nonprofit organization with a mission to support first-time homebuyers and low-income families. It accomplishes this by providing second mortgages, rehabilitating deteriorated housing, and operating rental housing. This commitment extends to single parents, their children, and other families in need of housing solutions. By offering these services, Berkshire Fund aims to contribute to the well-being and stability of these families, providing them with safe and secure living environments.

Impact

This information is meant to be a general summary of Berkshire Fund. Please take the time to review official sources before making any decisions based upon the content provided here.




Saturday, July 20, 2024

Berkshire Fund's impact lies in its provision of second mortgages to first-time homebuyers, the rehabilitation of deteriorated housing, and the operation of rental housing for single parents, their children, and low-income families in Pittsfield, MA. Through these efforts, Berkshire Fund plays a crucial role in addressing housing challenges faced by low-income individuals in the community, ultimately helping to improve access to safe and affordable housing options.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $101,516
  • Program Service Revenue: $1,887,907
  • Gross Receipts: $5,007,280

    • Assets and Liabilities:
  • Total Assets: $24,837,195
  • Total Liabilities: $15,519,263
  • Net Assets: $9,317,932
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    CLASS FEES

    Revenue

    $2,750

    LAUNDRY INCOME

    Revenue

    $9,009

    RENTAL RECEIPTS

    Revenue

    $1,876,148

    Organization Details

    Founding Year

    1971

    Principal Officer

    Anthony Doyle

    Main Address

    C/O BERKSHIRE HOUSING PO BOX 1180, PITTSFIELD, MA, 01202

    NTEE Category

    Code: L210 - Housing

    If you are a representative of Berkshire Fund and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.