Affordable Housing And Services Collaborative Inc

Organization Overview

Affordable Housing And Services Collaborative Inc is located in Braintree, MA. The organization was established in 2001. 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, Affordable Housing And Services Collaborative Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Affordable Housing And Services Collaborative 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, Affordable Housing And Services Collaborative Inc generated $17.7m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.4%) each year. All expenses for the organization totaled $15.6m during the year ending 12/2021. 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

TO DEVELOP AND PRESERVE AFFORDABLE HOUSING WITH SUPPORTIVE SERVICES FOR LOW INCOME HOUSEHOLDS AND OTHERS WITH SPECIAL NEEDS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO DEVELOP AND PRESERVE AFFORDABLE HOUSING WITH SUPPORTIVE SERVICES WHICH ENHANCE, EXPAND AND CREATE QUALITY OF LIFE INITIATIVES THROUGH WELLNESS, EDUCATIONAL, SOCIAL AND SUPPORTIVE SERVICES AND PROGRAMS THAT DIRECTLY BENEFIT LOW INCOME FAMILIES, YOUTHS, PERSONS WITH DISABILITIES AND THE ELDERLY RESIDING IN AFFORDABLE HOUSING DEVELOPMENTS. THE CORPORATION WILL ALSO FULFILL ITS OVERALL MISSION BY SEEKING OPPORTUNITIES TO DEVELOP AFFORDABLE HOUSING, WHICH IS FUNDAMENTAL TO THE PROVISION OF RESIDENTIAL-BASED SERVICES AND PROGRAMS FOR THE TARGETED POPULATION.


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Board, Officers & Key Employees

Name (title)Compensation
Michael Mattos
President & Executive Director
$266,710
George Georges
Clerk
$2,500
William Mcgrory
Director
$2,500
Thomas A Karnes
Director
$2,500
Josef Rettman
Director
$2,500
James Mcgowan
Treasurer
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $750,000
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$750,000
Total Program Service Revenue$15,020,758
Investment income $684,019
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 $17,704,653

Grants Awarded

Over the last fiscal year, Affordable Housing And Services Collaborative Inc has awarded $43,750 in support to 2 organizations.

Grant RecipientAmount

PEABODY RESIDENT SERVICES INC

PURPOSE: ENCHANCED TRANSITION PROGRAM

$28,750

METRO HOUSING BOSTON

Org PageRecipient Profile

Boston, MA

PURPOSE: NETWORKING LOUNGE SPONSORSHIP

$15,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Affordable Housing And Services Collaborative Inc has recieved totaling $20,000.

Awarding OrganizationAmount
Thdf Ii Inc

Atlanta, GA

PURPOSE: TO ASSIST LOCAL CHARITIES

$20,000
View Grant Recipient Profile

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