Falmouth Housing Trust

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

EIN: 042936558 ✦ Falmouth, MA ✦ Designated as a 501(c)(3)

Overview

What is Falmouth Housing Trust?

Falmouth Housing Trust is a dedicated nonprofit organization situated in Falmouth. Its primary objective is to improve the community by constructing and maintaining sustainable, affordable workforce housing. Serving low-to-moderate income individuals and families who make 80% or less of the median income, the trust focuses on small, strategic projects. By acquiring property and tailoring housing to suit the community's landscape, the trust provides rental and sale options at affordable prices. Their mission aims to enhance the quality of life for those in need, contributing positively to the Falmouth community.


Official website here: www.falmouthhousingtrust.org

Is Falmouth Housing Trust legitimate?

Falmouth Housing Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Falmouth Housing Trust 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: $99,089
Professional Fundraising Fees: $0
Other Salaries and Wages: $12,770

For more financial information, click here


Official website here: www.falmouthhousingtrust.org

What is the mission statement of Falmouth Housing Trust?

The Falmouth Housing Trust's mission is centered around enhancing communities by developing and maintaining sustainable, affordable workforce housing. This organization caters to low-to-moderate income individuals or families who earn 80% of the median income or less. They focus on small, strategic projects, acquiring property and crafting housing that harmoniously fits into the community's landscape. The housing can either be rented or sold to eligible individuals at affordable prices.


Official website here: www.falmouthhousingtrust.org

Who is the CEO of Falmouth Housing Trust?

Karen L Bissonnette is the Executive Di of Falmouth Housing Trust.


Official website here: www.falmouthhousingtrust.org

What is the revenue of Falmouth Housing Trust?

Falmouth Housing Trust's revenue in 2022 was $839,739.


Official website here: www.falmouthhousingtrust.org

Who are the executives of Falmouth Housing Trust and what are their salaries?

The average compensation at Falmouth Housing Trust during 2022 was $55,930. There are 2 employees at Falmouth Housing Trust.

Here are 14 key members and their salaries:

    Karen L Bissonnette (Executive Di) [Trustee/Director]
  • Compensation: $99,089
  • Related: $0
  • Other: $0

    • Joan Bates (Clerk/Secret) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Troy Bg Clarkson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Addie Drolette (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Savannah Fabbio (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David F Garrison (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Susan Gifford (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

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

    • Edwin Monteiro (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kevin Mccarthy (Vice Preside) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joanne O'Sullivan (Past Preside) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tammy Rausch (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Susan Roman (Assistant Tr) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Sutkowy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.falmouthhousingtrust.org

    Where can I find the form 990 for Falmouth Housing Trust?

    The Falmouth Housing Trust’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.falmouthhousingtrust.org

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

    Mission Statement of Falmouth Housing Trust

    Falmouth Housing Trust, a nonprofit organization, is dedicated to enhancing its community by developing and maintaining sustainable affordable workforce housing. The mission of this entity is to serve low-to-moderate income individuals or families living in the area, whose income is 80% or less than the median income. The organization carries out this mission through small strategic projects, which involve acquiring property and creating housing that fits harmoniously into the community's landscape. This housing can be either rented or sold to eligible individuals at affordable prices. By doing so, Falmouth Housing Trust aims to contribute positively to its community, providing a solution to the housing needs of its less fortunate inhabitants.

    Impact

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




    Saturday, July 20, 2024

    Falmouth Housing Trust enhances the community of Falmouth by developing and maintaining sustainable affordable workforce housing. They provide this service to low-to-moderate income individuals or families living in Falmouth who earn 80% of the median income or less. By focusing on small strategic projects, the organization acquires property and creates housing that seamlessly integrates into the community landscape. This housing is available for rent or sale to qualifying individuals at affordable prices.





    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: $770
  • Program Service Revenue: $233,400
  • Gross Receipts: $981,834

    • Assets and Liabilities:
  • Total Assets: $2,829,250
  • Total Liabilities: $592,867
  • Net Assets: $2,236,383
  • Programs

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

    SUBSIDIZED HOUSING

    Revenue

    $220,000

    MONITORING INCOME

    Revenue

    $13,400

    Organization Details

    Founding Year

    1986

    Principal Officer

    Karen L Bissonnette

    Main Address

    PO BOX 465, FALMOUTH, MA, 02541

    NTEE Category

    Code: L20 - Housing

    If you are a representative of Falmouth Housing Trust 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.