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Cambridge Affordable Housing Corp

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

EIN: 223026442 ✦ Cambridge, MA ✦ Designated as a 501(c)(3)

Overview

What is Cambridge Affordable Housing Corp?

Cambridge Affordable Housing Corp is a nonprofit organization situated in Cambridge, Massachusetts, with a specific mission. They specialize in providing management and supporting services for related organizations that own and operate housing for individuals with low and moderate incomes. Their primary objective is to ensure the smooth operation of these low-income housing units in the city of Cambridge, MA, catering to qualified individuals in need.


Official website here: www.cambridge-housing.org

Is Cambridge Affordable Housing Corp legitimate?

Cambridge Affordable Housing Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cambridge Affordable Housing Corp 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: $1,122,480

For more financial information, click here


Official website here: www.cambridge-housing.org

What is the mission statement of Cambridge Affordable Housing Corp?

Cambridge Affordable Housing Corp's mission is centered around providing management and supporting services for related organizations that own and operate low-income housing units. Their primary goal is to accommodate qualified individuals, ensuring affordable housing options are available. The organization's role extends beyond mere management; it offers essential support to these housing providers, thereby contributing to the provision of affordable living spaces for people in need.


Official website here: www.cambridge-housing.org

Who is the CEO of Cambridge Affordable Housing Corp?

John Filip is the Clerk of Cambridge Affordable Housing Corp.


Official website here: www.cambridge-housing.org

What is the revenue of Cambridge Affordable Housing Corp?

Cambridge Affordable Housing Corp's revenue in 2022 was $10,017,577.


Official website here: www.cambridge-housing.org

Who are the executives of Cambridge Affordable Housing Corp 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 Cambridge Affordable Housing Corp?

    The Cambridge Affordable Housing Corp’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 Cambridge Affordable Housing Corp

    Cambridge Affordable Housing Corp is dedicated to providing management and supporting services for related organizations that own and operate low-income housing units. This nonprofit organization's mission is to cater to qualified individuals in need of affordable housing. By offering these essential services, Cambridge Affordable Housing Corp plays a significant role in ensuring that low and moderate income persons have access to suitable housing options. The organization's work is geared towards improving the living conditions of those who may otherwise struggle to secure affordable housing, thereby contributing to a more equitable society.

    Impact

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




    Thursday, August 15, 2024

    Cambridge Affordable Housing Corp plays a crucial role in providing management and supporting services for organizations that own and operate low-income housing units for qualified individuals in Cambridge, MA. By facilitating the availability of affordable housing for low and moderate-income persons, the organization directly contributes to addressing housing insecurity and supporting the community's most vulnerable members. Its impact is felt through the provision of essential housing options for those in need within the city.





    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: $2,921
  • Program Service Revenue: $8,164,686
  • Gross Receipts: $10,017,577

    • Assets and Liabilities:
  • Total Assets: $123,208,985
  • Total Liabilities: $124,670,932
  • Net Assets: -$1,461,947
  • Programs

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

    RENTAL INCOME

    Revenue

    $6,741,899

    DEVELOPMENT FEE

    Revenue

    $1,422,787

    Organization Details

    Founding Year

    1989

    Principal Officer

    John Filip

    Main Address

    362 GREEN STREET, CAMBRIDGE, MA, 02139

    NTEE Category

    Code: L210 - Housing

    If you are a representative of Cambridge Affordable Housing Corp 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.