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Boston Neighborhood Community Land Trust Inc

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

EIN: 465136872 ✦ Roxbury, MA ✦ Designated as a 501(c)(3)

Overview

What is Boston Neighborhood Community Land Trust Inc?

Boston Neighborhood Community Land Trust Inc is a nonprofit organization situated in Roxbury, Massachusetts, specifically at 550 Dudley Street, 02119. Their primary mission involves collaborating with partners to stabilize neighborhoods, primarily in the Greater Boston area. This is achieved through innovative means, such as developing best practice models for home ownership of foreclosed properties and acquiring and rehabilitating at-risk or foreclosed residential units. The organization's focal point is to help as many residents of foreclosed homes as possible to remain in their homes, thereby contributing to neighborhood stability. With a small team of just two employees, Boston Neighborhood Community Land Trust Inc is committed to making a significant impact in its community.


Official website here: www.bnclt.org

Is Boston Neighborhood Community Land Trust Inc legitimate?

Boston Neighborhood Community Land Trust Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Boston Neighborhood Community Land Trust 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: $98,670
Professional Fundraising Fees: $0
Other Salaries and Wages: $47,509

For more financial information, click here


Official website here: www.bnclt.org

What is the mission statement of Boston Neighborhood Community Land Trust Inc?

Boston Neighborhood Community Land Trust Inc's mission is to collaboratively work towards stabilizing neighborhoods by providing innovative means. They aim to help as many residents of foreclosed homes in the Greater Boston area as possible to continue living in their homes as soon as possible. The organization develops best practice models for home ownership of foreclosed properties and acquires and rehabilitates foreclosed or at-risk residential units in the area.


Official website here: www.bnclt.org

Who is the CEO of Boston Neighborhood Community Land Trust Inc?

Meridith Levy is the President of Boston Neighborhood Community Land Trust Inc.


Official website here: www.bnclt.org

What is the revenue of Boston Neighborhood Community Land Trust Inc?

Boston Neighborhood Community Land Trust Inc's revenue in 2022 was $1,142,668.


Official website here: www.bnclt.org

Who are the executives of Boston Neighborhood Community Land Trust Inc and what are their salaries?

The average compensation at Boston Neighborhood Community Land Trust Inc during 2022 was $73,090. There are 2 employees and 8 volunteers at Boston Neighborhood Community Land Trust Inc.

Here are 14 key members and their salaries:

    Meridith Levy (Executive Director)
  • Compensation: $98,670
  • Related: $0
  • Other: $3,692

    • Alma Chislom (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gregory Bialecki (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Eloise P Lawrence (Clerk) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kathy Brown (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

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

    • Erica Schwarz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Cortina Vann (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Denise Matthews-Turner (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

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

    • Joceline Fidalgo (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Eric Boyd (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jean Paul Doh (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Cindy Heraldo (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.bnclt.org

    Where can I find the form 990 for Boston Neighborhood Community Land Trust Inc?

    The Boston Neighborhood Community Land Trust Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.bnclt.org

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

    Mission Statement of Boston Neighborhood Community Land Trust Inc

    Boston Neighborhood Community Land Trust Inc is a collective organization that works in partnership to stabilize neighborhoods by providing innovative means. Their primary mission is to assist as many residents of foreclosed occupied homes as possible to remain in their residences as quickly as possible. To achieve this, the trust develops best practice models for home ownership of foreclosed properties and acquires and rehabilitates foreclosed or at-risk residential units in the Greater Boston area. This approach aims to preserve homes and communities, ensuring the continuity of neighborhood life.

    Impact

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




    Saturday, July 20, 2024

    Boston Neighborhood Community Land Trust Inc directly impacts the Greater Boston area by stabilizing neighborhoods through innovative means. This includes developing best practice models for home ownership of foreclosed properties and acquiring and rehabilitating foreclosed or at-risk residential units. Their mission is to work collaboratively with partners to ensure as many residents of foreclosed occupied homes as possible can stay in their communities.





    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: $835
  • Program Service Revenue: $276,309
  • Gross Receipts: $1,142,668

    • Assets and Liabilities:
  • Total Assets: $9,881,518
  • Total Liabilities: $7,511,642
  • Net Assets: $2,369,876
  • Programs

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

    RENTAL INCOME

    Revenue

    $276,309

    Organization Details

    Founding Year

    2014

    Principal Officer

    Meridith Levy

    Main Address

    550 DUDLEY STREET, ROXBURY, MA, 02119

    NTEE Category

    Code: L20 - Housing

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