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Cambridge Community Housing Development Inc

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

EIN: 223345968 ✦ Cambridge, MA ✦ Designated as a 501(c)(3)

Overview

What is Cambridge Community Housing Development Inc?

Cambridge Community Housing Development Inc is a nonprofit organization situated in Cambridge, Massachusetts, specifically at 280 Franklin Street. Their primary mission is to provide affordable housing for the city's low and moderate-income residents. To achieve this goal, they actively engage in developing and maintaining affordable housing units within Cambridge. Their work contributes to ensuring that a diverse range of residents can afford to live in the community, thereby promoting social equity and inclusivity.


Is Cambridge Community Housing Development Inc legitimate?

Cambridge Community Housing Development Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cambridge Community Housing 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $480,812

For more financial information, click here


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

Mission Statement of Cambridge Community Housing Development Inc

Cambridge Community Housing Development Inc, as its mission statement suggests, is dedicated to the development and maintenance of affordable housing. In simpler terms, this nonprofit organization works tirelessly to provide housing options that are within reach for individuals and families with low to moderate incomes. By undertaking this mission, Cambridge Community Housing Development Inc aims to contribute positively to the community, ensuring that everyone has a place to call home, regardless of their financial situation. This mission is not just about constructing buildings; it's about creating a more inclusive and equitable society where everyone has access to basic necessities like a safe and affordable place to live.

Impact

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




Thursday, August 15, 2024

Cambridge Community Housing Development Inc plays a crucial role in providing affordable housing for low and moderate-income residents of Cambridge, MA. By developing and maintaining affordable housing options in the city, the organization directly impacts the lives of individuals and families who may struggle to find suitable housing within their budget. Their efforts contribute to ensuring that a diverse range of residents can continue to live and thrive in Cambridge, fostering a more inclusive and sustainable 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: $7,384,654
  • Gross Receipts: $7,704,327

    • Assets and Liabilities:
  • Total Assets: $56,982,552
  • Total Liabilities: $76,586,299
  • Net Assets: -$19,603,747
  • Programs

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

    RENTAL INCOME

    Revenue

    $7,384,654

    Organization Details

    Founding Year

    1985

    Principal Officer

    Sara Barcan

    Main Address

    280 FRANKLIN STREET, CAMBRIDGE, MA, 02139

    NTEE Category

    Code: L210 - Housing

    If you are a representative of Cambridge Community Housing 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.