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Nuestra Comunidad Development Corp

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

EIN: 042741543 ✦ Roxbury, MA ✦ Designated as a 501(c)(3)

Overview

What is Nuestra Comunidad Development Corp?

Nuestra Comunidad Development Corp is a long-established and successful nonprofit organization based in Boston, specifically in the underserved neighborhoods of Roxbury, Dorchester, and Mattapan. Their primary mission is to enhance the physical, economic, and social well-being of these communities through self-sufficiency and neighborhood revitalization. They achieve this by adding or preserving affordable housing, often in mixed-use properties, and fostering opportunities for residents to acquire assets and build equity through homeownership programs. Nuestra Comunidad also plans to develop market-rate housing to complement the existing affordable housing. Their community-driven approach aims to create stable and high-quality rental housing, ultimately leading to improved educational and economic outcomes. In summary, Nuestra Comunidad Development Corp is dedicated to building wealth and improving the living conditions of underprivileged communities in Greater Boston, focusing on Roxbury and its surrounding neighborhoods. By promoting self-sufficiency and revitalization, they strive to create opportunities for residents and businesses to establish a stable home, increase income, and improve neighborhood health.


Official website here: www.nuestracdc.org

Is Nuestra Comunidad Development Corp legitimate?

Nuestra Comunidad Development Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nuestra Comunidad Development Corp 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: $0

For more financial information, click here


Official website here: www.nuestracdc.org

What is the mission statement of Nuestra Comunidad Development Corp?

Nuestra Comunidad Development Corp is committed to enhancing the physical, economic, and social well-being of underserved populations in greater Boston. They achieve this through a community-driven process that promotes self-sufficiency and neighborhood revitalization. The organization, which is a non-profit small business, has been a catalyst for the redevelopment of Dudley Square, Roxbury, and North Dorchester neighborhoods since 1981. Led by a community-based board, Nuestra is dedicated to creating communities of opportunity and equity where residents and businesses can have a stable home, increase their income, improve neighborhood health, and gain wealth.


Official website here: www.nuestracdc.org

Who is the CEO of Nuestra Comunidad Development Corp?

N Paul Tonthat is the Board President of Nuestra Comunidad Development Corp.


Official website here: www.nuestracdc.org

What is the revenue of Nuestra Comunidad Development Corp?

Nuestra Comunidad Development Corp's revenue in 2021 was $3,915,933.


Official website here: www.nuestracdc.org

Who are the executives of Nuestra Comunidad Development Corp and what are their salaries?

Here are 13 key members and their salaries:

    Donna M Cramer (Board President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Marilyn Sanchez (Board Vice President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kelvin Juarbe (Board Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Alfonso Sira (Board Clerk) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Maria Latimore (Board Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Reginald Brown (Board Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • William Elsbree (Board Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joseph Panchamsingh (Board Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Scott Pollack (Board Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Charissa Reed (Board Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joel Sklar (Board Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rev Francisco A Tolentino (Board Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Price (Executive Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.nuestracdc.org

    Where can I find the form 990 for Nuestra Comunidad Development Corp?

    The Nuestra Comunidad Development Corp’s most recent form 990 was submitted in 2021 and can be accessed here


    Official website here: www.nuestracdc.org

    Learn more at the official website: www.nuestracdc.org

    Mission Statement of Nuestra Comunidad Development Corp

    Nuestra Comunidad Development Corp is devoted to enhancing the physical, economic, and social well-being of underserved populations in Greater Boston. This non-profit organization, established in 1981, promotes self-sufficiency and neighborhood revitalization through a community-driven process. By leading with a community-based board, Nuestra is dedicated to creating opportunities and promoting equity for residents and businesses. This allows individuals to establish a stable home, boost their income, and improve neighborhood health, ultimately leading to wealth accumulation. In essence, Nuestra Comunidad Development Corp strives to uplift and empower underserved populations in Boston, fostering sustainable and thriving communities.

    Impact

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




    Saturday, July 20, 2024

    Nuestra Comunidad Development Corp is dedicated to building wealth and enhancing the well-being of underserved populations in Roxbury and Greater Boston. Through a community-driven process, they promote self-sufficiency and neighborhood revitalization. Since 1981, Nuestra has been a catalyst in the redevelopment of Dudley Square, Roxbury, and North Dorchester. They focus on creating communities of opportunity and equity, providing stable homes, increasing income, improving neighborhood health, and helping residents and businesses gain wealth. Their real estate development program adds to or preserves affordable housing, develops mixed-use properties, and offers opportunities for residents to acquire assets and build equity through homeownership. Nuestra's impact is evident in the improved educational and economic outcomes of the communities they serve.





    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 2021.

  • Investment Income: $1,458
  • Program Service Revenue: $2,168,918
  • Gross Receipts: $3,915,933

    • Assets and Liabilities:
  • Total Assets: $30,619,718
  • Total Liabilities: $17,349,277
  • Net Assets: $13,270,441
  • Programs

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

    RENTAL INCOME

    Revenue

    $977,841

    DEVELOPMENT FEES

    Revenue

    $753,775

    TENANT SERVICES

    Revenue

    $385,458

    SERVICE CONTRACTS

    Revenue

    $51,844

    Organization Details

    Founding Year

    1981

    Principal Officer

    N Paul Tonthat

    Main Address

    PO BOX 190939, ROXBURY, MA, 02119

    NTEE Category

    Code: S200 - Community improvement

    If you are a representative of Nuestra Comunidad Development Corp 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.