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Worcester Common Ground Inc

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

EIN: 222976657 ✦ Worcester, MA ✦ Designated as a 501(c)(3)

Overview

What is Worcester Common Ground Inc?

Worcester Common Ground Inc is a nonprofit organization situated in Worcester, Massachusetts, specifically at 5 Piedmont Street. Their primary mission is to create and sustain affordable housing options for low and moderate-income families within the Worcester area. In addition to providing housing, Worcester Common Ground Inc offers an opportunity for income-eligible individuals to become homeowners. This organization, with a team of eight dedicated employees, is committed to enhancing living conditions and fostering stable communities for families in need.


Official website here: www.wcgcdc.org

Is Worcester Common Ground Inc legitimate?

Worcester Common Ground Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Worcester Common Ground 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: $102,559
Professional Fundraising Fees: $0
Other Salaries and Wages: $284,489

For more financial information, click here


Official website here: www.wcgcdc.org

What is the mission statement of Worcester Common Ground Inc?

Worcester Common Ground Inc's mission is centered around providing housing solutions for families with moderate to low income. The organization strives to achieve this by establishing and maintaining residential properties within its operations. Furthermore, Worcester Common Ground offers an opportunity for income-eligible individuals to become homeowners, thereby expanding their housing options and fostering a sense of homeownership. The organization's activities aim to address the housing needs of those with limited financial resources, thereby contributing to a more equitable living environment.


Official website here: www.wcgcdc.org

Who is the CEO of Worcester Common Ground Inc?

Yvette Dyson is the Executive Director of Worcester Common Ground Inc.


Official website here: www.wcgcdc.org

What is the revenue of Worcester Common Ground Inc?

Worcester Common Ground Inc's revenue in 2022 was $3,284,426.


Official website here: www.wcgcdc.org

Who are the executives of Worcester Common Ground Inc and what are their salaries?

The average compensation at Worcester Common Ground Inc during 2022 was $48,381. There are 8 employees at Worcester Common Ground Inc.

Here are 8 key members and their salaries:

    Yvette Dyson (Executive Director)
  • Compensation: $102,559
  • Related: $0
  • Other: $0

    • Mallory Shelly (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jono O'Sullivan (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Amy Cox (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Edwardo Jimenez (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sam Smith (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ramon Borges-Mendez (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Janet Frazier (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.wcgcdc.org

    Where can I find the form 990 for Worcester Common Ground Inc?

    The Worcester Common Ground Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.wcgcdc.org

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

    Mission Statement of Worcester Common Ground Inc

    Worcester Common Ground Inc, a nonprofit organization, is committed to establishing and maintaining affordable housing for families with moderate and low incomes in their respective communities. Beyond providing housing, this organization offers an exceptional opportunity for income-eligible individuals to become homeowners. By developing and managing housing units, Worcester Common Ground Inc strives to contribute to the well-being of families and promote sustainable living.

    Impact

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




    Thursday, August 15, 2024

    Worcester Common Ground Inc's impact is significant in the Worcester area as it works diligently to establish and maintain housing for low and moderate income families. Through their efforts, they provide opportunities for income-eligible individuals to become homeowners, therefore contributing to creating stable and sustainable communities. Their focus on housing not only addresses a fundamental need but also helps to build a sense of community and promote overall well-being among residents.





    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: $2,198
  • Program Service Revenue: $1,424,245
  • Gross Receipts: $3,499,424

    • Assets and Liabilities:
  • Total Assets: $16,372,506
  • Total Liabilities: $7,092,043
  • Net Assets: $9,280,463
  • Programs

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

    DEVELOPER & OVERHEAD FEES

    Revenue

    $485,500

    OTHER PROGRAM SVC REVENUE

    Revenue

    $267,787

    PROGRAM SERVICE FEES

    Revenue

    $48,257

    RENTAL INCOME

    Revenue

    $622,701

    Organization Details

    Founding Year

    1988

    Principal Officer

    Yvette Dyson

    Main Address

    5 PIEDMONT ST, WORCESTER, MA, 01610

    NTEE Category

    Code: L53Z - Housing

    If you are a representative of Worcester Common Ground 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.