nonprofit logo

Essex Street Management Inc

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

EIN: 043534715 ✦ Cambridge, MA ✦ Designated as a 501(c)(3)

Overview

What is Essex Street Management Inc?

Essex Street Management Inc, situated in Cambridge, Massachusetts, is a nonprofit organization that plays a crucial role in the community. Their primary function involves managing and providing supportive services to related organizations within the city. Specifically, they oversee the operation of 14 low-income housing units and an 8-unit complex, catering to qualified low-income individuals. Additionally, they serve as the managing member for seven public housing rehabilitation projects undergoing significant property revitalization. The organization's mission is to provide long-term development services for these housing units, ensuring they continue to serve their intended population effectively.


Official website here: www.cambridge-housing.org

Is Essex Street Management Inc legitimate?

Essex Street Management Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Essex Street Management 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: $20,658

For more financial information, click here


Official website here: www.cambridge-housing.org

What is the mission statement of Essex Street Management Inc?

Essex Street Management Inc's mission is centered around providing management and support services for related organizations. Specifically, their aim is to assist organizations that own and operate low-income housing units. Their goal is to ensure that qualified individuals have access to affordable housing. Additionally, the organization is committed to providing long-term development services for these housing units to ensure their continued viability and improvement. Essex Street Management Inc is also involved in the rehabilitation of public housing projects, demonstrating their dedication to improving living conditions for low-income individuals.


Official website here: www.cambridge-housing.org

Who is the CEO of Essex Street Management Inc?

John Filip is the Clerk of Essex Street Management Inc.


Official website here: www.cambridge-housing.org

What is the revenue of Essex Street Management Inc?

Essex Street Management Inc's revenue in 2022 was $4,400,600.


Official website here: www.cambridge-housing.org

Who are the executives of Essex Street Management Inc and what are their salaries?

Here are 11 key members and their salaries:

    Michael J Johnston (Clerk) [Trustee/Director]
  • Compensation: $0
  • Related: $249,651
  • Other: $73,362

    • Brenda Snowden Downing (Deputy Executive Director)
  • Compensation: $0
  • Related: $230,304
  • Other: $68,159

    • Margaret Donnelly-Moran (Director Of Planning & Dev)
  • Compensation: $0
  • Related: $251,297
  • Other: $45,357

    • John Filip (Chief Financial Officer)
  • Compensation: $0
  • Related: $238,993
  • Other: $53,897

    • Kevin J Braga (Director Of Operations)
  • Compensation: $0
  • Related: $204,748
  • Other: $64,908

    • Hannah M Bolcome (Director Of Leased Housing (Until 2/22))
  • Compensation: $0
  • Related: $63,625
  • Other: $0

    • Elaine Derosa (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Louis Bacci Iii (Vice President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gerald J Clark (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Victoria Bergland (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Susan T Connelly (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.cambridge-housing.org

    Where can I find the form 990 for Essex Street Management Inc?

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


    Official website here: www.cambridge-housing.org

    Learn more at the official website: www.cambridge-housing.org

    Mission Statement of Essex Street Management Inc

    Essex Street Management Inc, as an organization, is committed to providing management and supporting services for related entities. Its primary mission is to assist organizations that own and operate low-income housing units for qualifying individuals in various locations. By offering long-term development services, Essex Street Management Inc aims to improve and maintain the quality of these housing units. The organization manages 14 low-income housing units and an 8-unit complex, ensuring that they remain accessible and suitable for eligible low-income individuals. Furthermore, Essex Street Management Inc serves as the developer and managing member of seven public housing rehabilitation projects currently undergoing significant property revitalization. Through its efforts, the organization contributes to the improvement and sustainability of affordable housing options for those in need.

    Impact

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




    Saturday, July 20, 2024

    Essex Street Management Inc has a significant impact in the city of Cambridge, MA by providing management and supporting services for related organizations that own and operate low-income housing units. They are the owner and operator of 14 low-income housing units and an 8-unit housing complex for qualified low-income individuals. Additionally, they are the developer and managing member of seven public housing rehabilitation projects currently undergoing significant property revitalization.

    Through their mission to provide long-term development services for low-income housing units in Cambridge, Essex Street Management Inc plays a crucial role in ensuring affordable housing options for qualifying individuals in the community. Their work contributes to addressing the housing needs of low-income residents and supports efforts to promote housing stability and affordability in the region.





    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: $58,145
  • Program Service Revenue: $4,342,455
  • Gross Receipts: $4,400,600

    • Assets and Liabilities:
  • Total Assets: $48,042,130
  • Total Liabilities: $39,396,616
  • Net Assets: $8,645,514
  • Programs

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

    DEVELOPMENT FEE INCOME

    Revenue

    $3,895,453

    RENTS & LEASE INCOME

    Revenue

    $447,002

    Organization Details

    Founding Year

    2003

    Principal Officer

    John Filip

    Main Address

    362 GREEN STREET, CAMBRIDGE, MA, 02139

    NTEE Category

    Code: L21 - Housing

    If you are a representative of Essex Street Management 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.