Center Redevelopmemt Corporation

Organization Overview

Center Redevelopmemt Corporation is located in South Hadley, MA. The organization was established in 1989. According to its NTEE Classification (S50) the organization is classified as: Nonprofit Management, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 06/2022, Center Redevelopmemt Corporation employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Center Redevelopmemt Corporation 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 06/2022, Center Redevelopmemt Corporation generated $1.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.2% each year. All expenses for the organization totaled $1.4m during the year ending 06/2022. While expenses have increased by 1.6% 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

2022

Describe the Organization's Mission:

Part 3 - Line 1

HOLDING PROPERTY TO PROMOTE THE EDUCATIONAL MISSION OF TRUSTEES OF MOUNT HOLYOKE COLLEGE

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDE FUNDS AND SERVICES AS WELL AS ACQUIRE AND HOLD REAL AND PERSONAL PROPERTY FOR THE BENEFIT OF THE TRUSTEES OF MOUNT HOLYOKE COLLEGE (EIN: 04-2103578), A 501(C)(3) EXEMPT ORGANIZATION.


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Board, Officers & Key Employees

Name (title)Compensation
Jeffrey Labrecque
Chief Operating Officer/di
$133,793
James F Carey
President/director
$61,731
Deborah Buckley
Chair/director
$0
Wayne D Gass
Treasurer/director
$0
Stephen N Krevalin
Clerk/director
$0
Peter H Barry
Vice Chair/director
$0

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$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$1,457,168
Investment income $40
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 $1,457,408

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