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Cambridge Neighborhood Apartment Housing Services Inc

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

EIN: 222479448 ✦ Cambridge, MA ✦ Designated as a 501(c)(3)

Overview

What is Cambridge Neighborhood Apartment Housing Services Inc?

Cambridge Neighborhood Apartment Housing Services Inc is a nonprofit organization situated in Cambridge, Massachusetts, specifically at 280 Franklin Street, 02139. Their primary mission is to support property owners of low and moderate income housing in the city by providing technical assistance and low-cost loans. This aid enables property owners to make necessary improvements that align with local housing codes, as they may struggle to secure adequate private financing. Established with the intention of fostering collaboration among diverse residents, the organization also serves as a referral center for housing rehabilitation information and resources, offering affordable loans or other financial assistance when necessary.


Is Cambridge Neighborhood Apartment Housing Services Inc legitimate?

Cambridge Neighborhood Apartment Housing Services Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cambridge Neighborhood Apartment Housing Services 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: $161,470
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


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

Mission Statement of Cambridge Neighborhood Apartment Housing Services Inc

Cambridge Neighborhood Apartment Housing Services Inc, a nonprofit organization, was established with the goal of fostering unity among individuals of various religions and nationalities who share a desire for decent, safe, and sanitary living conditions. The primary mission of this organization is to serve as a referral center, providing valuable information and technical assistance related to housing rehabilitation. Furthermore, Cambridge Neighborhood Apartment Housing Services Inc offers affordable loans or financing assistance to property owners, enabling them to make necessary improvements that adhere to local housing codes. Regrettably, in some cases, obtaining adequate private financing can prove challenging, and this is where the organization steps in to lend a helping hand.

Impact

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




Thursday, August 15, 2024

Cambridge Neighborhood Apartment Housing Services Inc plays a crucial role in providing technical assistance and low-cost loans to property owners of low and moderate-income housing in Cambridge. By offering support to make improvements consistent with local housing codes when adequate private financing is unobtainable, the organization helps ensure that individuals of all backgrounds can live in decent, safe, and sanitary conditions. Their mission to promote cooperative efforts in the city of Cambridge and serve as a referral center for housing information and technical assistance demonstrates a commitment to creating affordable housing solutions for the community.





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: $0
  • Program Service Revenue: $1,304,285
  • Gross Receipts: $1,708,785

    • Assets and Liabilities:
  • Total Assets: $33,973,958
  • Total Liabilities: $977,560
  • Net Assets: $32,996,398
  • Programs

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

    INTEREST INCOME

    Revenue

    $1,081,385

    LOAN SERVICING AND OTH

    Revenue

    $222,900

    Organization Details

    Founding Year

    1983

    Principal Officer

    Sara Barcan

    Main Address

    280 FRANKLIN STREET, CAMBRIDGE, MA, 02139

    NTEE Category

    Code: L200 - Housing

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