Pace Community Housing Corporation is located in New Bedford, MA. The organization was established in 1993. According to its NTEE Classification (G54) the organization is classified as: Epilepsy, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pace Community Housing 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 06/2021, Pace Community Housing Corporation generated $42.5k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.9% each year. All expenses for the organization totaled $63.5k during the year ending 06/2021. While expenses have increased by 9.3% per year over the past 6 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE SAFE AND SANITARY COST EFFECTIVE HOUSING TO PERSONS AND FAMILIES OF LOW AND MODERATE INCOME IN THE GREATER NEW BEDFORD MASSACHUSETTS AREA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO IMPROVE THE QUALITY OF LIFE FOR UNDERPRIVILEGED INDIVIDUALS BY CREATING AFFORDABLE HOUSING IN THE NEW BEDFORD MASSACHUSETTS AREA.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Cheryl Cabral President | OfficerTrustee | 1 | $0 |
Nancy Feeney Treasurer | OfficerTrustee | 1 | $0 |
Monica Furtado Clerk | OfficerTrustee | 1 | $0 |
Esperanza Alejandro-Berube Vice President | OfficerTrustee | 1 | $0 |
Colleen Dawicki Director | Trustee | 1 | $0 |
Rev Russell Chamberlain Director | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $525 |
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 | $525 |
Total Program Service Revenue | $41,975 |
Investment income | $18 |
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 | $42,518 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $13,107 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $4,748 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $16,891 |
Insurance | $649 |
All other expenses | $0 |
Total functional expenses | $63,502 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $10,205 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $947,867 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $958,072 |
Accounts payable and accrued expenses | $8,387 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $614,477 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $287,000 |
Total liabilities | $909,864 |
Net assets without donor restrictions | $48,208 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $958,072 |
Over the last fiscal year, we have identified 1 grants that Pace Community Housing Corporation has recieved totaling $2,000.
Awarding Organization | Amount |
---|---|
Bobs Discount Furniture Charitable Foundation Inc Oakdale, CT PURPOSE: FOR EXEMPT PURPOSE | $2,000 |
Organization Name | Assets | Revenue |
---|---|---|
Epilepsy Foundation New England Inc Lowell, MA | $9,060,661 | $5,980,042 |
Epilepsy Institute New York, NY | $648,368 | $1,544,548 |
Epilepsy Foundation Of Northeastern New York Inc Albany, NY | $2,095,314 | $1,186,324 |
Epilepsy Foundation Of Connecticut Inc Middletown, CT | $3,813,416 | $677,570 |
Epilepsy Assn Of Western New York Buffalo, NY | $145,307 | $375,750 |
Frank Pace Jr Foundation Miller Place, NY | $1,882,612 | $155,402 |
Sail For Epilepsy Ltd Boston, MA | $226,266 | $0 |
Epilepsy Fund Of Western New York Inc Buffalo, NY | $2,156,673 | $87,849 |
Pace Community Housing Corporation New Bedford, MA | $958,072 | $42,518 |
Epilepsy Foundation Of Vermont Inc Rutland, VT | $59,751 | $59,653 |
Kappa Delta Sorority New York, NY | $15,229 | $0 |
United Steelworkers South Glens Falls, NY | $70,303 | $0 |