Overview
What is Oneholyoke Community Development Corp?
Oneholyoke Community Development Corp, also known as Oneholyoke CDC, is a nonprofit organization situated in Holyoke, Massachusetts, specifically at 70 Lyman Street. Their primary mission is to promote the development of affordable housing for low and moderate-income individuals. They accomplish this by providing 221 rental units for rent and offering subsidized rental assistance to approximately 80 tenants through various partnering agencies. In addition to housing, Oneholyoke CDC aids in the expansion of locally-owned business enterprises in Holyoke, Massachusetts, contributing to the overall improvement of residential and business properties in the area. The organization employs a workforce of 10 individuals in its mission to better the community.
Official website here: www.oneholyoke.org
Is Oneholyoke Community Development Corp legitimate?
Oneholyoke Community Development Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Oneholyoke Community Development 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: $79,970
Professional Fundraising Fees: $0
Other Salaries and Wages: $254,083
For more financial information, click here
Official website here: www.oneholyoke.org
What is the mission statement of Oneholyoke Community Development Corp?
Oneholyoke Community Development Corp's mission is centered around promoting the development of affordable housing for low and moderate-income individuals. Additionally, they aim to support the expansion of locally-owned businesses within their community. Furthermore, they provide various forms of assistance to improve residential and business properties, with a focus on Holyoke, Massachusetts. Specifically, they have provided 221 rental units for low to moderate-income individuals, with about 80 tenants receiving subsidized rental assistance from various agencies.
Official website here: www.oneholyoke.org
Who is the CEO of Oneholyoke Community Development Corp?
Michael Moriarty is the Chairman of Oneholyoke Community Development Corp.
Official website here: www.oneholyoke.org
What is the revenue of Oneholyoke Community Development Corp?
Oneholyoke Community Development Corp's revenue in 2021 was $2,742,467.
Official website here: www.oneholyoke.org
Who are the executives of Oneholyoke Community Development Corp and what are their salaries?
The average compensation at Oneholyoke Community Development Corp during 2021 was $33,405. There are 10 employees and 250 volunteers at Oneholyoke Community Development Corp.
Here are 11 key members and their salaries:
- Michael Moriarty (President)
- Walter Nalesnik (Chairman) [Trustee/Director]
- Duane Camp (Treasurer) [Trustee/Director]
- Armando Santiago (Clerk) [Trustee/Director]
- Maurice N Lacasse (Director)
- Maria Pagan (Director)
- Fran Beaulieu (Director)
- Juan Pedrosa (Director)
- John Lenihan (Director)
- Eric Mattos (Director)
- Victor Rodriguez (Director)
Official website here: www.oneholyoke.org
Where can I find the form 990 for Oneholyoke Community Development Corp?
The Oneholyoke Community Development Corp’s most recent form 990 was submitted in 2021 and can be accessed here
Official website here: www.oneholyoke.org
Learn more at the official website: www.oneholyoke.org
Mission Statement of Oneholyoke Community Development Corp
Oneholyoke Community Development Corp, a not-for-profit organization, is dedicated to promoting the development of affordable housing and supporting the growth of local businesses in their community. Their mission is twofold: firstly, to facilitate the creation of low and moderate income housing, ensuring that individuals with limited financial means have access to suitable living spaces. Secondly, the corporation is committed to assisting in the expansion of locally-owned business enterprises, thereby contributing to the overall improvement of the residential and commercial property landscape. Approximately 80 tenants in their community benefit from subsidized rental assistance provided by various agencies, thanks to Oneholyoke Community Development Corp's efforts.
Impact
This information is meant to be a general summary of Oneholyoke Community Development Corp. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
OneHolyoke Community Development Corp has made a significant impact in Holyoke, MA by providing 221 rental units for low to moderate-income individuals. Approximately 80 tenants receive subsidized rental assistance from various agencies, making housing more affordable for those in need. Additionally, the organization's mission to further develop low and moderate-income housing, assist in the expansion of locally-owned business enterprises, and provide other assistance for the improvement of residential and business property in Holyoke, MA has positively contributed to the community's economic development and prosperity.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2021.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$1,970,755
NEIGHBORHOOD IMPROVEME
Revenue
$199,871
LOW-INCOME HOUSING MGT
Revenue
$155,445
Organization Details
Founding Year
1972
Phone
(413) 533-7101
Principal Officer
Michael Moriarty
Main Address
70 LYMAN STREET, HOLYOKE, MA, 01040
Website
www.oneholyoke.org
NTEE Category
Code: L20Z - Housing
If you are a representative of Oneholyoke Community Development 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.