Massachusetts Housing Coalition Inc
- Assets
- $16.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Ipswich, MA
- Founding
- Data as of
- 06/2023
- EIN
- 85-0839958
Organization Overview
Massachusetts Housing Coalition Inc is located in Ipswich, MA. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, 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. Massachusetts Housing Coalition Inc is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 06/2023, Massachusetts Housing Coalition Inc generated $91.3k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 65.5% each year . All expenses for the organization totaled $116.7k during the year ending 06/2023. 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
2023
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION IS IN "START UP" MODE AND PROGRAM SERVICES HAVE NOT YET BEEN INITIATED. MISSION WILL BE TO PROTECT ACCESS TO AFFORDABLE AND WORKFORCE HOUSING OPTIONS IN MASSACHUSETTS BY PROMOTING ECONOMIC FIARNESS, RACIAL AND SOCIAL JUSTICE, AND ADVOCATING FOR SUSTAINABLE AND SMART GROWTH HOUSING ALONG WITH TRNASPORTATION INFRASTRUCTURE THAT SUPPORTS RESIDENTS AND VULNERABLE POPULATIONSTHE MASSACHUSETTS COMPANY HAS RECEIVED CONTRIBUTIONS OF $25,150 AND HAS INCURRED START UP EXPENSES OF $91. GOING FORWARD, FUNDS WILL BE RAISED WITH EMPLOYEES USING THE INTERNET AND MASS AND INDIVIDUAL MAILINGS.
THE ORGANIZATION IS STILL IN "START UP" MODE AND PROGRAM SERVICES HAVE NOT YET BEEN FULL IMPLEMENTED. MISSION WILL BE TO PROTECT ACCESS TO AFFORDABLE AND WORKFORCE HOUSING OPTIONS IN MASSACHUSETTS BY PROMOTING ECONOMIC FIARNESS, RACIAL AND SOCIAL JUSTICE, AND ADVOCATING FOR SUSTAINABLE AND SMART GROWTH HOUSING ALONG WITH TRNASPORTATION INFRASTRUCTURE THAT SUPPORTS RESIDENTS AND VULNERABLE POPULATIONSTHE MASSACHUSETTS COMPANY HAS RECEIVED CONTRIBUTIONS OF $20,126.29 AND HAS INCURRED EXPENSES OF $140,037.61. GOING FORWARD, FUNDS WILL BE RAISED WITH EMPLOYEES USING THE INTERNET AND MASS AND INDIVIDUAL MAILINGS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ben Deb Director | 1 | $0 | |
Peggy Pratt-Calle Director | 1 | $0 | |
Evan Griffith Director | 1 | $0 | |
Neily Soto Director | 1 | $0 | |
Sean Hope President | 1 | $0 | |
Charles Laverty III Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $40,043 |
| Total Program Service Revenue | $51,250 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $91,293 |
| 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 | $63,453 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $2,026 |
| Other expenses | $51,218 |
| Total expenses | $116,697 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $16,019 |
| Other assets | $0 |
| Total assets | $16,019 |
| Total liabilities | $109,018 |
| Net assets or fund balances | -$92,999 |