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Metro West Collaborative Development Inc

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

EIN: 223073668 ✦ Newton, MA ✦ Designated as a 501(c)(3)

Overview

What is Metro West Collaborative Development Inc?

Metro West Collaborative Development Inc, located in Newton, Massachusetts (02458), is a dedicated nonprofit organization committed to engaging local residents in planning and decision-making processes that impact their neighborhoods. Their mission encompasses preserving and promoting affordable housing, fostering economic development that strengthens communities, and building alliances with regional partners to increase support for community development. To achieve these goals, they organize residents, mobilize resources, and identify innovative ideas to enhance the quality of life in Metro West communities. Their efforts include creating and preserving affordable homes, supporting economic growth that strengthens neighborhoods, and collaborating with partners to raise awareness and garner support for community development initiatives. With a team of 12 employees, Metro West Collaborative Development Inc is actively working towards positive change in its community.


Official website here: www.metrowestcd.org

Is Metro West Collaborative Development Inc legitimate?

Metro West Collaborative Development Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Metro West Collaborative Development 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: $133,568
Professional Fundraising Fees: $0
Other Salaries and Wages: $552,288

For more financial information, click here


Official website here: www.metrowestcd.org

What is the mission statement of Metro West Collaborative Development Inc?

Metro West Collaborative Development Inc's mission is centered around improving the quality of life for local residents. They accomplish this by creating and preserving affordable housing, supporting economic development that strengthens communities, and building alliances with regional partners. This organization aims to promote and preserve affordable housing and foster economic development, striving to increase support for community development. Additionally, Metro West Collaborative Development Inc encourages resident involvement in local planning and decision-making processes that affect their neighborhoods.


Official website here: www.metrowestcd.org

Who is the CEO of Metro West Collaborative Development Inc?

Caitlin Madden is the President of Metro West Collaborative Development Inc.


Official website here: www.metrowestcd.org

What is the revenue of Metro West Collaborative Development Inc?

Metro West Collaborative Development Inc's revenue in 2022 was $1,743,878.


Official website here: www.metrowestcd.org

Who are the executives of Metro West Collaborative Development Inc and what are their salaries?

The average compensation at Metro West Collaborative Development Inc during 2022 was $57,155. There are 12 employees and 8 volunteers at Metro West Collaborative Development Inc.

Here are 10 key members and their salaries:

    Caitlin Madden (Executive Director)
  • Compensation: $122,337
  • Related: $0
  • Other: $11,231

    • Suneeth John (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mike Sherman (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bob Flack (Clerk) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dorena Wong-Deleon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Cristina Ayala (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Eugenia Chaparro (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kathleen Hobson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Thelma Titus (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sherry Ruff (Director (Until 3/2022))
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.metrowestcd.org

    Where can I find the form 990 for Metro West Collaborative Development Inc?

    The Metro West Collaborative Development Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.metrowestcd.org

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

    Mission Statement of Metro West Collaborative Development Inc

    Metro West Collaborative Development Inc is committed to preserving and promoting affordable housing, fostering economic development, and building support for community development. By engaging residents in local planning and decision-making processes, the organization aims to enhance the quality of life in the Metro West communities. They achieve this by creating and preserving affordable homes, supporting economic developments that strengthen neighborhoods, towns, and the region, and building alliances with regional partners and constituencies to increase awareness and garner support for community development. In essence, Metro West Collaborative Development Inc works to improve living conditions for residents in Metro West communities, ensuring affordable housing, fostering economic growth, and building a supportive network for community development.

    Impact

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




    Thursday, August 15, 2024

    Metro West Collaborative Development Inc's impact can be seen through its efforts to organize residents, mobilize resources, and identify ideas that improve the quality of life for residents of Metro West communities. By creating and preserving affordable homes, supporting economic development that strengthens neighborhoods, towns, and the region, and building alliances with partners and constituencies throughout the region, Metro West CD plays a vital role in increasing awareness and building support for community development. Through its mission to preserve and promote affordable housing, this organization actively engages residents in local planning and decision-making that affects their neighborhoods, ultimately working to enhance the well-being of 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: $29,049
  • Program Service Revenue: $1,235,666
  • Gross Receipts: $1,743,878

    • Assets and Liabilities:
  • Total Assets: $17,809,934
  • Total Liabilities: $15,992,556
  • Net Assets: $1,817,378
  • Programs

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

    RENTAL INCOME

    Revenue

    $411,903

    DEVELOPER FEES

    Revenue

    $394,631

    PROGRAM FEES

    Revenue

    $284,457

    COMMERCIAL INCOME

    Revenue

    $144,675

    Organization Details

    Founding Year

    1990

    Principal Officer

    Caitlin Madden

    Main Address

    79-B CHAPEL STREET, NEWTON, MA, 02458

    NTEE Category

    Code: L25Z - Housing

    If you are a representative of Metro West Collaborative Development 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.