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Dudley Neighbors Incorporated

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

EIN: 043029411 ✦ Roxbury, MA ✦ Designated as a 501(c)(3)

Overview

What is Dudley Neighbors Incorporated?

Dudley Neighbors Incorporated, based in Roxbury, Massachusetts, serves as a Community Land Trust and not-for-profit urban revitalization corporation. Their primary mission is to carry out the community revitalization plans of the Dudley Street Neighborhood Initiative (DSNI), advocating for development without displacement. This includes promoting affordable housing, economic development, open spaces, and various amenities, fostering an urban village atmosphere. To achieve these goals, DNI communicates with local homeowners and residents, offering assistance in foreclosure prevention, financing, and home repairs. They also work towards acquiring and repurposing city-owned blighted and vacant land within the Dudley Triangle, and provide support to other neighborhoods interested in adopting the Community Land Trust model. With a dedicated team of 12 employees, DNI is actively working towards enhancing the Dudley neighborhood.


Official website here: www.dudleyneighbors.org

Is Dudley Neighbors Incorporated legitimate?

Dudley Neighbors Incorporated is a legitimate nonprofit organization registered as a 501(c)(3) entity. Dudley Neighbors Incorporated 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: $73,124
Professional Fundraising Fees: $0
Other Salaries and Wages: $74,859

For more financial information, click here


Official website here: www.dudleyneighbors.org

What is the mission statement of Dudley Neighbors Incorporated?

Dudley Neighbors Incorporated, as a community land trust and not-for-profit urban revitalization corporation, is committed to implementing the community revitalization plans of the Dudley Street Neighborhood Initiative (DSNI). This initiative advocates for development without displacement and includes affordable housing, economic development, open space, and other amenities of an urban village. DNI, through its community land trust, works towards building the community and promoting development without displacement. They support homeowners facing foreclosure, provide financing, and offer home repairs. The organization also champions affordable homeownership opportunities and long-term stewardship of the land in the Dudley neighborhood. DNI has led the process to acquire blighted, vacant land in the Dudley Triangle and is determining its productive uses. Furthermore, DNI provides support to other neighborhoods interested in exploring the community land trust model.


Official website here: www.dudleyneighbors.org

Who is the CEO of Dudley Neighbors Incorporated?

Sharon Cho is the Director of Dudley Neighbors Incorporated.


Official website here: www.dudleyneighbors.org

What is the revenue of Dudley Neighbors Incorporated?

Dudley Neighbors Incorporated's revenue in 2022 was $552,052.


Official website here: www.dudleyneighbors.org

Who are the executives of Dudley Neighbors Incorporated and what are their salaries?

The average compensation at Dudley Neighbors Incorporated during 2022 was $12,332. There are 12 employees at Dudley Neighbors Incorporated.

Here are 10 key members and their salaries:

    Tony Hernandez (Former Executive Director)
  • Compensation: $88,467
  • Related: $0
  • Other: $2,911

    • Jose Osvaldo Rodriguez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Evelyn Correa-Gonzalez (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ron Verna (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Royal Nunes (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kim Janey (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Liz Miranda (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sonia Chang-Diaz (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Maritza Rosario (Vice President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jerel Ferguson (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.dudleyneighbors.org

    Where can I find the form 990 for Dudley Neighbors Incorporated?

    The Dudley Neighbors Incorporated’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.dudleyneighbors.org

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

    Mission Statement of Dudley Neighbors Incorporated

    Dudley Neighbors Incorporated, a community land trust and not-for-profit urban revitalization corporation, is dedicated to implementing the community revitalization plans of the Dudley Street Neighborhood Initiative (DSNI). This initiative advocates for development without displacement and encompasses various aspects such as affordable housing, economic development, open space, and other amenities that contribute to an urban village.

    The primary mission of Dudley Neighbors Incorporated is to communicate with homeowners on the land trust and the residents of the cooperative housing, offering support in foreclosure prevention, financing, and home repairs. This nonprofit organization is committed to promoting affordable homeownership opportunities and long-term stewardship of the land within the Dudley neighborhood.

    In addition to supporting its local community, Dudley Neighbors Incorporated has taken proactive steps to acquire the remaining city-owned blighted and vacant land in the Dudley Triangle. By determining productive uses for these sites, the organization is contributing to the ongoing revitalization of the neighborhood. Furthermore, Dudley Neighbors Incorporated provides support to other neighborhoods interested in exploring the community land trust model, demonstrating its commitment to urban development and community empowerment.

    Impact

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




    Wednesday, July 24, 2024

    Dudley Neighbors Incorporated's impact is significant in promoting development without displacement, particularly through its community land trust initiatives. By providing support and resources to homeowners and residents, DNI plays a crucial role in foreclosure prevention, financing, and home repairs. Additionally, DNI actively works towards acquiring and revitalizing blighted, vacant lands in the Dudley Triangle, fostering long-term stewardship of the community. Through its efforts, DNI not only promotes affordable homeownership opportunities but also serves as a model for other neighborhoods interested in the community land trust approach.





    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: $41,378
  • Program Service Revenue: $367,742
  • Gross Receipts: $552,052

    • Assets and Liabilities:
  • Total Assets: $5,853,286
  • Total Liabilities: $412,914
  • Net Assets: $5,440,372
  • Programs

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

    RENTAL INCOME

    Revenue

    $357,742

    PROJECT MANAGEMENT FEE

    Revenue

    $10,000

    Organization Details

    Founding Year

    1991

    Principal Officer

    Sharon Cho

    Main Address

    550 DUDLEY STREET, ROXBURY, MA, 02119

    NTEE Category

    Code: L200 - Housing

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