Citizens For Affordable Housing In Newton Development Organization In
- Assets
- $121.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Newton, MA
- Founding
- 07/1994
- Data as of
- 12/2021
- EIN
- 04-3223633
Organization Overview
Citizens For Affordable Housing In Newton Development Organization In is located in Newton, MA. The organization was established in 1994. According to its NTEE Classification (L80) the organization is classified as: Housing Support, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Citizens For Affordable Housing In Newton Development Organization In 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, Citizens For Affordable Housing In Newton Development Organization In generated $20.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (40.2%) each year. All expenses for the organization totaled $195.5k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
THE CORPORATION SOLD ALL OF ITS REAL ESTATE ASSETS IN EARLY 2021. BEGINNING IN MARCH OF 2021 IT CONDUCTED ASSISTANCE PROGRAMS AND WORKSHOPS FOR TENANTS AT RISK OF EVICTION
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William Bart Lloyd Treasurer | 10 | $0 | |
Marcia Johnson Clerk | 10 | $0 | |
Josephine Mcneill President | 10 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Ld Russo Inc Construction | 12/30/19 | $1,376,772 |
Fitzsimmons Contracting Llc Property Management | 12/30/19 | $128,220 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $17,450 |
| Total Program Service Revenue | $2,579 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $20,029 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $195,466 |
| Total expenses | $195,466 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $121,827 |
| Other assets | $0 |
| Total assets | $121,827 |
| Total liabilities | $0 |
| Net assets or fund balances | $121,827 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Citizens For Affordable Housing In Newton Development Organization In has recieved totaling $33,588.
| Awarding Organization | Amount |
|---|---|
Network For Good Inc Washington, DC PURPOSE: Unrestricted | $23,588 |
Rebecca Pomroy Foundation Inc Auburndale, MA PURPOSE: TO SUPPORT OPERATIONS OF THE PUBLIC CHARITY | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Aspire Of Western New York Inc Getzville, NY | $37,144,710 | $73,972,719 |
Neighborhood Assistance Corporation Of America Boston, MA | $267,784,866 | $49,655,624 |
Womens Housing And Economic Development Corporation Bronx, NY | $29,527,353 | $27,859,543 |
Joint Ownership Entity New York City Corp New York, NY | $155,995,039 | $17,434,025 |
Breaking Ground Housing Development Fund Corporation New York, NY | $193,138,085 | $25,961,669 |
Highland Park Community Development Corporation Brooklyn, NY | $3,265,910 | $15,414,103 |
Centerboard Inc Lynn, MA | $21,186,335 | $15,673,773 |
Interstate I Affordable Housing Inc New York, NY | $783,725 | $8,991,908 |
Ascendant Neighborhood Development Corporation New York, NY | $39,528,943 | $4,446,577 |
Housing Works Services Inc Brooklyn, NY | $2,273,707 | $4,786,590 |
Willow Gardens Inc New Rochelle, NY | $20,661,774 | $5,354,577 |
United Residents In Academy Homes Ii Inc Roxbury, MA | $30,056,643 | $8,930,600 |