Coalition For A Better Acre Inc

Organization Overview

Coalition For A Better Acre Inc is located in Lowell, MA. The organization was established in 1982. According to its NTEE Classification (L20) the organization is classified as: Housing Development, Construction & Management, under the broad grouping of Housing & Shelter and related organizations. As of 12/2021, Coalition For A Better Acre Inc employed 13 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Coalition For A Better Acre Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Coalition For A Better Acre Inc generated $3.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.0% each year. All expenses for the organization totaled $2.7m during the year ending 12/2021. While expenses have increased by 12.0% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

COMMUNITY DEVELOPMENT PROGRAMS PROVIDE SUPPORT, TRAINING AND AFFORDABLE HOUSING FOR RESIDENTS

Describe the Organization's Program Activity:

Part 3 - Line 4a

COMMUNITY DEVELOPMENT PROGRAMS PROVIDE SUPPORT AND TRAINING FOR THE DEVELOPMENT OF AFFORDABLE HOUSING IN THE COMMUNITY AND FOR EDUCATING RESIDENTS OF PROBLEM HOUSING


Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$1,314,515
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$1,314,515
Total Program Service Revenue$756,352
Investment income $1,355,475
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $3,677,279

Grants Recieved

Over the last fiscal year, we have identified 12 grants that Coalition For A Better Acre Inc has recieved totaling $293,353.

Awarding OrganizationAmount
Greater Lowell Community Foundation Inc

Lowell, MA

PURPOSE: GENERAL SUPPORT, DIY

$126,825
Richard And Susan Smith Family Foundation

Newton, MA

PURPOSE: ECONOMIC MOBILITY

$38,065
Theodore Edson Parker Foundation

Boston, MA

PURPOSE: 2021-2022 SYSTEMS CHANGE

$30,000
Theodore Edson Parker Foundation

Boston, MA

PURPOSE: WALK-IN CENTER

$30,000
Neighborhood Risk Management Corporation

New York, NY

PURPOSE: DISTRIBUTION TO ORGANIZATION

$28,252
Lawrence Community Works Inc

Lawrence, MA

PURPOSE: SUPPORT OF THE ORGANIZATION'S TAX EXEMPT PURPOSE

$22,141
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$189,699
Earnings$18,740
Other Expense-$4,125
Ending Balance$204,314

Create an account to unlock the data you need.

or