Overview
What is The Somerville Community Corporation Inc?
The Somerville Community Corporation Inc, located in Somerville, Massachusetts, is a membership-driven organization dedicated to fostering a vibrant, diverse, and inclusive community. They provide essential services and lead community organizing to support low- and moderate-income residents in their pursuit of economic sustainability and increased civic participation. One of their significant contributions is managing rental housing developments, including six properties offering one- to four-bedroom units. These properties, along with additional units managed through LLCs, are maintained by Wingate Management Company under contract with the corporation. The Somerville Community Corporation Inc's mission aligns with its activities, prioritizing the betterment of its local community.
Official website here: www.somervillecdc.org
Is The Somerville Community Corporation Inc legitimate?
The Somerville Community Corporation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Somerville Community Corporation 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: $322,382
Professional Fundraising Fees: $0
Other Salaries and Wages: $751,560
For more financial information, click here
Official website here: www.somervillecdc.org
What is the mission statement of The Somerville Community Corporation Inc?
The Somerville Community Corporation Inc, a membership organization, plays a vital role in supporting a vibrant, diverse, and tolerant community. Their mission is to provide leadership and offer services, leading community organizing efforts, to aid low- and moderate-income residents. Their primary goal is to help these residents achieve economic sustainability and increase civic participation. They strive to foster a community where everyone has a voice and can thrive.
Official website here: www.somervillecdc.org
Who is the CEO of The Somerville Community Corporation Inc?
Gonzalo Puigbo is the Ceo of The Somerville Community Corporation Inc. The CEO's salary of The Somerville Community Corporation Inc is $160,000 and their total compensation is $164,761.
Official website here: www.somervillecdc.org
What is the revenue of The Somerville Community Corporation Inc?
The Somerville Community Corporation Inc's revenue in 2022 was $4,494,144.
Official website here: www.somervillecdc.org
Who are the executives of The Somerville Community Corporation Inc and what are their salaries?
The average compensation at The Somerville Community Corporation Inc during 2022 was $59,663. There are 18 employees and 46 volunteers at The Somerville Community Corporation Inc.
Here are 22 key members and their salaries (The Somerville Community Corporation Inc's CEO's salary is $160,000 and their total compensation is $164,761):
- Gonzalo Puigbo (Ceo)
- Marcia Kittredge (Controller (Until 6/2022))
- Frannie Chan (Controller)
- Silvana Dinka (President) [Trustee/Director]
- Cassandra Arnaud (Vice President) [Trustee/Director]
- Stephanie Toews-Moeling (Vice President (Until 2/2022)) [Trustee/Director]
- Javier Bellini (Treasurer) [Trustee/Director]
- Kathleen Mcgilvray (Clerk) [Trustee/Director]
- Ezra Haber Glen (Director)
- Michelle Apigian (Director)
- Natacha Theodore (Director)
- Marjorie Jacques Thermidor (Director)
- Mulugeta Zegeye (Director)
- Nancy Hogan (Director)
- Jarelis Fonseca (Director)
- Marcus Mello (Director)
- Jhenny Saint-Surin (Director)
- Ignacio Cardona (Director)
- Erika C Johnson Esq (Director)
- Kathleen Evans (Director (Until 2/2022))
- Maria Teresa Ricoy (Director (Until 2/2022))
- Valerie Zinkus (Director (Until 2/2022))
Official website here: www.somervillecdc.org
Where can I find the form 990 for The Somerville Community Corporation Inc?
The The Somerville Community Corporation Inc’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.somervillecdc.org
Learn more at the official website: www.somervillecdc.org
Mission Statement of The Somerville Community Corporation Inc
The Somerville Community Corporation (SCC) serves as a membership organization, providing leadership to maintain Somerville as a lively, diverse, and accepting community. With a focus on low- and moderate-income residents, SCC offers services and leads community organizing initiatives to support these individuals in their quest for financial stability and increased civic engagement. In essence, SCC's mission is to help strengthen and uplift the community by empowering its members and fostering an inclusive environment.
Impact
This information is meant to be a general summary of The Somerville Community Corporation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
The Somerville Community Corporation Inc's impact can be seen in its dedicated efforts to sustain the city of Somerville as a vibrant, diverse, and tolerant community. By providing leadership and organizing services, SCC supports low- and moderate-income residents in achieving economic sustainability and increasing civic participation. Through its rental programs, SCC offers housing options to the community, including units owned directly by SCC and those managed through LLCs. Overall, SCC plays a crucial role in improving the quality of life for residents in Somerville and fostering a sense of community empowerment and engagement.
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 2022.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$3,197,254
TENANT SERVICES
Revenue
$285,845
DEVELOPER FEES
Revenue
$222,068
Organization Details
Founding Year
1969
Phone
(617) 776-5931
Principal Officer
Gonzalo Puigbo
Main Address
337 SOMERVILLE AVENUE 2ND FLOOR, SOMERVILLE, MA, 02143
Website
www.somervillecdc.org
NTEE Category
Code: S200 - Community improvement
If you are a representative of The Somerville Community Corporation 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.