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Just-A-Start Corporation

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

EIN: 237121174 ✦ Cambridge, MA ✦ Designated as a 501(c)(3)

Overview

What is Just-A-Start Corporation?

Just-A-Start Corporation is a nonprofit organization situated in Cambridge, Massachusetts. With a strong commitment to promoting equity, they focus on providing stable housing and creating paths to economic opportunity. They have developed and manage 621 affordable apartments in Cambridge and Somerville, accommodating approximately 1,500 individuals who might otherwise struggle to afford housing in these costly, high-opportunity cities. The organization also has a development pipeline for an additional 250 affordable apartments, planned for construction within the next 4-5 years. Furthermore, Just-A-Start Corporation aims to make homeownership accessible for moderate-income households by developing 130 homeownership units. They also manage the preservation, rehabilitation, and resale of affordable units to ensure long-term availability of affordable condominiums in Cambridge for moderate-income residents. With a total of 62 employees, this dedicated organization continues to contribute to the community by offering affordable housing solutions.


Official website here: www.justastart.org

Is Just-A-Start Corporation legitimate?

Just-A-Start Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Just-A-Start Corporation 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: $196,509
Professional Fundraising Fees: $69,832
Other Salaries and Wages: $3,381,211

For more financial information, click here


Official website here: www.justastart.org

What is the mission statement of Just-A-Start Corporation?

Just-A-Start Corporation aims to promote equity by providing access to stable housing and creating opportunities for economic advancement. Through real estate development, they have constructed and manage over 1,500 affordable apartments in expensive cities, housing individuals who might otherwise struggle to afford housing. In addition, they have a pipeline of 250 more affordable apartments in development, scheduled for completion within the next 4-5 years. Furthermore, the corporation assists moderate-income households in realizing homeownership by developing 130 ownership units. They also manage the preservation, renovation, and resale of affordable units to ensure future access to affordable condominiums for low-income residents in Cambridge.


Official website here: www.justastart.org

Who is the CEO of Just-A-Start Corporation?

Carl Nagy-Koechlin is the President of Just-A-Start Corporation.


Official website here: www.justastart.org

What is the revenue of Just-A-Start Corporation?

Just-A-Start Corporation's revenue in 2022 was $11,435,335.


Official website here: www.justastart.org

Who are the executives of Just-A-Start Corporation and what are their salaries?

The average compensation at Just-A-Start Corporation during 2022 was $57,705. There are 62 employees and 101 volunteers at Just-A-Start Corporation.

Here are 25 key members and their salaries:

    Carl Nagy-Koechlin (Executive Director)
  • Compensation: $156,374
  • Related: $0
  • Other: $32,110

    • Noah Sawyer (Director Of Real Estate)
  • Compensation: $155,855
  • Related: $0
  • Other: $7,718

    • Carmen Chan (Director Of Development)
  • Compensation: $123,256
  • Related: $0
  • Other: $14,058

    • Gerry Zipser (Director Of Housing)
  • Compensation: $129,509
  • Related: $0
  • Other: $5,181

    • Miriam Ortiz (Director Of Education & Training)
  • Compensation: $120,887
  • Related: $0
  • Other: $12,413

    • Vandana Sareen (Sr. Real Estate Development Project Manager)
  • Compensation: $105,717
  • Related: $0
  • Other: $14,492

    • Robert Brainin (Director Of Finance & Admin)
  • Compensation: $5,394
  • Related: $0
  • Other: $0

    • Peter Munkenbeck (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Zoe Weinrobe (Vice President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Samuel Gebru (Clerk) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael R Kuhn (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Barbara Aiken (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tara Dendy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lisa Drapkin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Carlos Espinosa-Toro (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Shawn Fitzpatrick (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Richard Harding (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Junardy Jean-Charles (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jesse Kanson-Benanav (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joel Miranda (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jeffrey Myers (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rj Panzo (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Paul Parravano (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Susan Stockard (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tia Vice (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.justastart.org

    Where can I find the form 990 for Just-A-Start Corporation?

    The Just-A-Start Corporation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.justastart.org

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

    Mission Statement of Just-A-Start Corporation

    Just-A-Start Corporation, a nonprofit organization, is dedicated to promoting equity by creating access to stable housing and building pathways to economic opportunity. This mission is carried out in various ways. Firstly, the corporation develops and operates affordable apartments, currently housing approximately 1,500 individuals who might otherwise struggle to afford housing in expensive and high-opportunity cities. In addition to this, Just-A-Start Corporation has a development pipeline with an anticipated 250 new affordable apartments set to be constructed within the next 4-5 years.

    Furthermore, the organization's commitment to economic opportunity extends to homeownership. Just-A-Start Corporation has developed 130 ownership units, making it a reality for moderate-income households. The corporation also manages the preservation, rehabilitation, and resale of affordable units to ensure future access to affordable condominiums in Cambridge for moderate-income residents. By promoting equity through stable housing and economic opportunities, Just-A-Start Corporation is working towards a more equitable society.

    Impact

    This information is meant to be a general summary of Just-A-Start Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Just-A-Start Corporation's impact can be seen in the tangible improvements it has brought to the community. Through its real estate development initiatives, Just-A-Start has created access to stable housing for approximately 1,500 individuals who would otherwise struggle to afford apartments in high-cost cities like Cambridge and Somerville. By owning and operating 621 affordable apartments, as well as developing an additional 250 new affordable units in the pipeline, Just-A-Start is directly addressing the housing needs of the community.

    Moreover, their efforts in developing 130 homeownership units have made first-time homeownership a reality for moderate-income households, further contributing to economic stability and opportunity for individuals and families. Additionally, Just-A-Start's management of the preservation, rehabilitation, and resale of affordable units ensures ongoing access to affordable housing options for the community.

    Overall, Just-A-Start Corporation's impact is deeply rooted in promoting equity by providing essential resources like stable housing and opportunities for economic advancement, ultimately making a significant difference in improving the overall quality of life for individuals and families in 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: $343,593
  • Program Service Revenue: $1,920,518
  • Gross Receipts: $12,365,932

    • Assets and Liabilities:
  • Total Assets: $49,969,547
  • Total Liabilities: $34,483,461
  • Net Assets: $15,486,086
  • Programs

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

    DEVELOPMENT FEES

    Revenue

    $1,097,977

    MANAGEMENT AND SERVICE FEES

    Revenue

    $638,363

    RENTAL INCOME

    Revenue

    $184,178

    Organization Details

    Founding Year

    1970

    Principal Officer

    Carl Nagy-Koechlin

    Main Address

    1035 CAMBRIDGE STREET 12, CAMBRIDGE, MA, 02141

    NTEE Category

    Code: S200 - Community improvement

    If you are a representative of Just-A-Start Corporation 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.