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Center City Housing Inc

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

EIN: 043477805 ✦ Springfield, MA ✦ Designated as a 501(c)(3)

Overview

What is Center City Housing Inc?

Center City Housing Inc, located at 261 Oak Grove Avenue, Springfield, MA 01109, is a nonprofit organization committed to providing affordable housing for lower-income families and individuals. Their mission encompasses owning, rehabilitating, developing, restoring, and replacing housing to ensure a supply of decent, safe, and sanitary living spaces. The organization's activities and mission are geared towards addressing the housing needs of this specific demographic, contributing to the improvement of living conditions in the community.


Is Center City Housing Inc legitimate?

Center City Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Center City Housing 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


What is the mission statement of Center City Housing Inc?
Who is the CEO of Center City Housing Inc?
What is the revenue of Center City Housing Inc?
Who are the executives of Center City Housing Inc and what are their salaries?
Where can I find the form 990 for Center City Housing Inc?

Mission Statement of Center City Housing Inc

Center City Housing Inc, a nonprofit organization, is dedicated to providing housing solutions for families and individuals of lower income. Their mission is multifaceted, involving the acquisition, renovation, and construction of housing units to ensure an adequate supply of decent, safe, and hygienic living spaces. By owning, rehabilitating, developing, restoring, and replacing these properties, Center City Housing Inc strives to make a significant impact on the housing landscape, providing a much-needed resource for those who may otherwise struggle to secure affordable housing. The organization's ultimate goal is to create a positive impact on the lives of these individuals and families, offering them the opportunity to live in safe and suitable homes.

Impact

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




Saturday, July 20, 2024

Center City Housing Inc's impact is profound, as it directly addresses the critical need for decent, safe, and sanitary housing for families and individuals with lower incomes in Springfield, MA. Through its activities of owning, rehabilitating, developing, restoring, and replacing such housing, Center City Housing Inc plays a vital role in providing affordable housing options in the community. By ensuring that families and individuals have access to suitable housing, this organization contributes to enhancing the overall well-being and stability of those in need.





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: $455,412
  • Program Service Revenue: $1,637,500
  • Gross Receipts: $2,092,912

    • Assets and Liabilities:
  • Total Assets: $23,655,443
  • Total Liabilities: $0
  • Net Assets: $23,655,443
  • Programs

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

    TAX CREDIT REVENUE

    Revenue

    $1,627,500

    LENDER FEE INCOME

    Revenue

    $10,000

    Organization Details

    Founding Year

    1999

    Principal Officer

    Thomas Kegelman

    Main Address

    261 OAK GROVE AVENUE, SPRINGFIELD, MA, 01109

    NTEE Category

    Code: L21 - Housing

    If you are a representative of Center City Housing 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.