Dudley Economic Empowerment Partners Inc

Organization Overview

Dudley Economic Empowerment Partners Inc is located in Roxbury, MA. The organization was established in 1996. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Dudley Economic Empowerment Partners 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 09/2023, Dudley Economic Empowerment Partners Inc generated $49.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (30.8%) each year. All expenses for the organization totaled $1.3m during the year ending 09/2023. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

THE PRIMARY MISSION OF DEEP IS TO PROMOTE ECONOMIC DEVELOPMENT; TO IDENTIFY AND ALLEVIATE STRUCTURAL CAUSES OF BUSINESS DECLINE; TO INVEST IN THE COMMUNITY BY PURCHASING AND HOLDING STRATEGIC PROPERTY FOR DEVELOPMENT; TO GUIDE ECONOMIC DEVELOPMENT PROCESSES AS A TRUSTEE OF THE COMMUNITY RESIDENTS; AND TO DO ALL ACTS PERMITTED UNDER THE PROVISIONS OF CHAPTER 180 OF THE GENERAL LAWS OF MASS. AND SECTION 501 (C)(3) OF THE IRS CODE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

DEEP MAINLY SERVES AS THE DEVELOPER/REAL ESTATE ROLE FOR THE YBB/DEEP OPERATIONS. AS A LANDLORD, THE DEEP PROPERTIES' TENANTS OPERATE A 100 SLOT DAY CARE CENTER. THE TENANT PROVIDES MENTAL HEALTH AND SHELTER CARE SERVICES TO CLIENTS ACROSS THE CITY. IN ITS ROLE AS A DEVELOPER, DEEP'S AFFORDABLE HOUSING PROJECT WAS 23 RUSKENDALE STREET, WHICH SERVED AS A TRAINING SITE FOR MORE THAN 30 TRAINEES DURING THE FISCAL YEAR.


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Board, Officers & Key Employees

Name (title)Compensation
Amanda Forde
Co-President
$0
Shaun Leonard
Co-President
$0
Kenneth Willis
Treasurer
$0
David Harris
Clerk
$0
Jeanine Armitstead
Director
$0
Amenyonah Bossman
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$117,468
Investment income $89,454
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$157,128
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $49,847

Peer Organizations

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