Ebcdc Inc

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

EIN: 042755270 ✦ East boston, MA ✦ Designated as a 501(c)(3)

Overview

What is Ebcdc Inc?

Ebcdc Inc, located in East Boston, Massachusetts, serves as a nonprofit organization with a mission to aid in the development of affordable housing projects for the local community. With a team of 73 dedicated individuals, Ebcdc Inc works tirelessly to increase the availability of low and medium income housing options in the area. Their primary objective is to facilitate affordable housing and economic development that positively impacts the residents of East Boston. Their activities are geared towards this mission, ensuring that the local population has access to suitable living spaces.


Official website here: www.ebcdc.com

Is Ebcdc Inc legitimate?

Ebcdc Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ebcdc Inc 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: $797,419
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,709,771

For more financial information, click here


Official website here: www.ebcdc.com

What is the mission statement of Ebcdc Inc?

Ebcdc Inc's mission is centered around assisting in the creation of affordable housing and fostering economic development that positively impacts the local community. The organization plays a crucial role in supporting entities within a specified area in the development of projects aimed at increasing the availability of low and medium-income housing. Their primary goal is to benefit the residents of this community by providing them with affordable housing options and a thriving economic environment.


Official website here: www.ebcdc.com

Who is the CEO of Ebcdc Inc?

Albert Caldarelli is the President of Ebcdc Inc.


Official website here: www.ebcdc.com

What is the revenue of Ebcdc Inc?

Ebcdc Inc's revenue in 2022 was $4,994,737.


Official website here: www.ebcdc.com

Who are the executives of Ebcdc Inc and what are their salaries?

The average compensation at Ebcdc Inc during 2022 was $48,044. There are 73 employees at Ebcdc Inc.

Here are 24 key members and their salaries:

    Albert Caldarelli (President) [Trustee/Director]
  • Compensation: $280,747
  • Related: $0
  • Other: $17,105

    • Salvatore Colombo (Gen. Mgr.)
  • Compensation: $260,136
  • Related: $0
  • Other: $16,848

    • Albert Festa (Fin. Director)
  • Compensation: $256,536
  • Related: $0
  • Other: $15,381

    • Cynthia Fronduto (Director Of Accounting)
  • Compensation: $194,757
  • Related: $0
  • Other: $26,875

    • Tanya Hahnel (Project Manager)
  • Compensation: $111,731
  • Related: $0
  • Other: $14,864

    • Nicole Beckles (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ruth Capone (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Blanca Ayala (Asst. Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Frida Sanchez (Secretary/Clerk) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Thomas Briand (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Pasquale Cordisco (Chair Person) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Francis Biagiotti (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Heriberto Morales (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mark Kratman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Elizabeth Garufo (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Annieratha Saing (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Donald Coverdale (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Maffeo (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gloria Ruiz-Amaya (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kempton Flemming (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kathleen Orlando (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Anthony Picarello (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rita Ingersoll (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Migliozzi (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.ebcdc.com

    Where can I find the form 990 for Ebcdc Inc?

    The Ebcdc Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.ebcdc.com

    Learn more at the official website: www.ebcdc.com

    Mission Statement of Ebcdc Inc

    Ebcdc Inc, a nonprofit organization, is dedicated to assisting the creation of affordable housing and economic development that benefits the local community. By working with various entities in East Boston, Ebcdc Inc has played a significant role in facilitating the development of projects aimed at increasing the availability of low and medium-income housing for the region's residents. The organization's mission is centered around enhancing the living conditions and economic opportunities for the people of East Boston, demonstrating a commitment to improving the quality of life within the community.

    Impact

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




    Saturday, July 20, 2024

    Ebcdc Inc's impact lies in its mission to assist in the creation of affordable housing and economic development that directly benefits the residents of East Boston. By working with various entities in East Boston to develop projects aimed at increasing the stock of low and medium-income affordable housing, Ebcdc Inc plays a crucial role in addressing the housing challenges faced by the community. Through its initiatives, Ebcdc Inc contributes to the overall improvement of the East Boston community, fostering sustainable economic growth and enhancing the quality of life for its residents.





    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: $22,759
  • Program Service Revenue: $4,071,978
  • Gross Receipts: $5,468,532

    • Assets and Liabilities:
  • Total Assets: $63,496,599
  • Total Liabilities: $36,693,343
  • Net Assets: $26,803,256
  • Programs

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

    DEVELOPER FEES

    Revenue

    $1,070,143

    MANAGEMENT FEES

    Revenue

    $712,783

    SALARY REIMBURSEMENTS

    Revenue

    $2,252,596

    NET RENTAL INCOME

    Revenue

    $-18,362

    PROJECT MONITORING

    Revenue

    $54,818

    Organization Details

    Founding Year

    1979

    Principal Officer

    Albert Caldarelli

    Main Address

    80 BORDER STREET 3RD FLOOR, EAST BOSTON, MA, 02128

    NTEE Category

    Code: S20 - Community improvement

    If you are a representative of Ebcdc Inc 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.