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Concord Area Trust For Community Housing

Catch Neighborhood Housing

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 020433505 ✦ Concord, NH ✦ Designated as a 501(c)(3)

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Overview

What is Concord Area Trust For Community Housing?

Concord Area Trust For Community Housing, also known as CATCH Neighborhood Housing, is a distinguished, community-focused nonprofit organization situated in Concord, New Hampshire. With a mission to enhance local communities, CATCH provides a wide range of affordable and quality housing services. They currently manage and maintain 343 affordable rental apartments and 36 market-rate units, which are home to over 700 adults and children. As an award-winning organization, CATCH Neighborhood Housing offers a comprehensive spectrum of housing and educational services in Merrimack County, New Hampshire. Their mission is to create opportunities for permanently affordable housing for individuals who might otherwise be overlooked, thereby strengthening their communities. The organization employs a dedicated workforce of 12 individuals.


Official website here: www.catchhousing.org

What are the reviews and ratings of this charity?

Charity Navigator rating: 100%, Four-Star out of Four Star rating.

The Concord Area Trust For Community Housing (CATCH) has received a perfect score, indicating exceptional performance across accountability, impact, and leadership metrics. This high rating reflects the organization’s strong financial health and effectiveness in fulfilling its mission to provide affordable housing in the Concord, NH area. Notably, CATCH has a fully independent board and has demonstrated sound financial practices, evidenced by its robust program expense ratio and lack of material diversion of assets.

User feedback highlights CATCH's commitment to creating quality affordable housing, with a focus on providing support to low-income families and individuals. Volunteers and community members commend the organization for its effective financial counseling services and successful housing initiatives, serving over 500 residents. The organization continues to expand its impact and programs in response to local housing needs, particularly in light of challenges posed by the COVID-19 pandemic.

While the organization is praised for its accomplishments, reviewers acknowledge that ongoing community support is essential for CATCH to sustain and grow its efforts. Overall, CATCH is seen as a vital resource in addressing housing insecurity and enhancing the quality of life for residents in the region.


This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.

Is Concord Area Trust For Community Housing legitimate?

Concord Area Trust For Community Housing is a legitimate nonprofit organization registered as a 501(c)(3) entity. Concord Area Trust For Community Housing submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $264,430
Professional Fundraising Fees: $0
Other Salaries and Wages: $82,689

For more financial information, click here


Official website here: www.catchhousing.org

What is the mission statement of Concord Area Trust For Community Housing?

Concord Area Trust For Community Housing, as a community-focused non-profit organization, is committed to strengthening communities by creating opportunities for affordable, high-quality housing. This mission is aimed at serving individuals who might otherwise be overlooked. The organization manages a considerable number of affordable rental apartments, housing over 700 adults and children, and also maintains some market-rate apartments. The primary goal is to provide permanent housing solutions, contributing positively to the communities they serve.


Official website here: www.catchhousing.org

Who is the CEO of Concord Area Trust For Community Housing?

Thomas Furtado is the Director of Concord Area Trust For Community Housing. The CEO's salary of Concord Area Trust For Community Housing is $158,467 and their total compensation is $169,381.


Official website here: www.catchhousing.org

What is the revenue of Concord Area Trust For Community Housing?

Concord Area Trust For Community Housing's revenue in 2023 was $1,584,209.


Official website here: www.catchhousing.org

Who are the executives of Concord Area Trust For Community Housing and what are their salaries?

The average compensation at Concord Area Trust For Community Housing during 2023 was $28,927. There are 12 employees and 30 volunteers at Concord Area Trust For Community Housing.


Here are 17 key members and their salaries (Concord Area Trust For Community Housing's CEO's salary is $158,467 and their total compensation is $169,381):


Greg Chakmakis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kenneth Koornneef (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Oresta Mosca (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Beth Walz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gregory Lessard (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Timothy Wade (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Byron Champlin (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Donna Bailey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nancy Egner (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Feingold (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Beth Slepian (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Gallagher Iii (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Aki Mathieu (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Suzanne Pegg (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Safiya Wade (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Furtado (President And Ceo)
  • Compensation: $158,467
  • Related: $0
  • Other: $10,914
Dale Heon (Chief Financial Officer)
  • Compensation: $105,963
  • Related: $0
  • Other: $8,450


Official website here: www.catchhousing.org

Where can I find the form 990 for Concord Area Trust For Community Housing?

Concord Area Trust For Community Housing's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.catchhousing.org

Learn more at the official website: www.catchhousing.org

Mission Statement of Concord Area Trust For Community Housing

Concord Area Trust For Community Housing, an esteemed community-based non-profit organization, is dedicated to strengthening their communities by creating opportunities for permanently affordable, high-quality housing for individuals who would otherwise be overlooked. This mission is carried out through a comprehensive range of housing and educational services.

The primary focus of Concord Area Trust For Community Housing lies in providing affordable rental apartments. Currently, they manage and maintain a total of 379 units, comprising 343 affordable rentals and 36 market-rate apartments. These residences serve as homes for over 700 adults and children, contributing to the well-being of their communities. By offering these affordable housing options, the non-profit organization is instrumental in providing a stable living environment for a significant number of individuals.

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Impact




July, 2024

Concord Area Trust For Community Housing, also known as CATCH, has a significant impact on the community in Concord, New Hampshire. They provide affordable rental apartments to over 700 adults and children, helping individuals and families find stable housing options. Their services contribute to strengthening communities by creating opportunities for permanent affordable, quality housing for those who may not be served by traditional housing options. CATCH plays a vital role in addressing housing needs and improving the overall well-being of residents in Merrimack County.




This information is meant to be a general summary of Concord Area Trust For Community Housing. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$1,584,209 (2023)
Expenses
$1,379,654 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $80,233
  • Program Service Revenue: $722,198
  • Gross Receipts: $1,644,063

Assets and Liabilities:

  • Total Assets: $11,809,478
  • Total Liabilities: $4,176,396
  • Net Assets: $7,633,082

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

RENTAL INCOME

Revenue

$584,536

SPONSOR AND DEVELOPER

Revenue

$137,662

Organization Details

Founding Year

1989

Principal Officer

Thomas Furtado

Main Address

105 LOUDON RD UNIT 1, CONCORD, NH, 033015601

NTEE Category

Code: L20Z - Housing

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