Community Condominium Corporation
- Assets
- $168.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Brighton, MA
- Founding
- 12/2000
- Data as of
- 12/2022
- EIN
- 04-3521734
Organization Overview
Community Condominium Corporation is located in Brighton, MA. The organization was established in 2000. According to its NTEE Classification (L21) the organization is classified as: Low-Income & Subsidized Rental Housing, 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. Community Condominium 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 12/2022, Community Condominium Corporation generated $125.8k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 11.7% each year . All expenses for the organization totaled $70.1k during the year ending 12/2022. While expenses have increased by 1.0% per year over the past 8 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION PROVIDED AFFORDABLE RENTAL HOUSING IN 3 CONDOMINIUM UNITS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brighton Lew Director, Board Of Directors | 0.25 | $0 | |
Aida Franquiz President, Board Of Directors | 0.25 | $0 | |
Michael Helsmoortel Treasurer, Board Of Directors | 0.25 | $0 | |
John Woods Clerk, Board Of Directors | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $45,242 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $80,596 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $4 |
| Total Revenue | $125,842 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $13,435 |
| Professional fees and other payments to independent contractors | $11,536 |
| Occupancy, rent, utilities, and maintenance | $43,156 |
| Printing, publications, postage, and shipping | $717 |
| Other expenses | $1,305 |
| Total expenses | $70,149 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $36,294 |
| Other assets | $0 |
| Total assets | $168,447 |
| Total liabilities | $86,817 |
| Net assets or fund balances | $81,630 |