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Tent City Corporation

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

EIN: 042684781 ✦ Boston, MA ✦ Designated as a 501(c)(3)

Overview

What is Tent City Corporation?

Tent City Corporation is a community development corporation based in Boston, Massachusetts, specifically at 130 Dartmouth Street, with a ZIP code of 02116. Established with a mission to provide affordable housing and related services, they operate various facilities. Their primary program encompasses 269 units of mixed-income housing, 129 underground parking spaces, and approximately 8,900 square feet of commercial space. Furthermore, the organization manages 30 units of low to moderate mixed-income housing under a different program. As a community-focused organization, Tent City Corporation strives for neighborhood development with citizen involvement and aims to provide decent, affordable housing for displaced or inadequately housed residents in the South End/Lower Roxbury Urban Renewal Area of Boston.


Is Tent City Corporation legitimate?

Tent City Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tent City Corporation 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.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $605,363

For more financial information, click here


What is the mission statement of Tent City Corporation?
Who is the CEO of Tent City Corporation?
What is the revenue of Tent City Corporation?
Who are the executives of Tent City Corporation and what are their salaries?
Where can I find the form 990 for Tent City Corporation?

Mission Statement of Tent City Corporation

Tent City Corporation, as a community development corporation, is dedicated to promoting neighborhood development with citizen involvement. Its primary mission is to provide decent, affordable housing for displaced or inadequately housed residents in the South End/Lower Roxbury urban renewal area of Boston. The organization operates various housing programs, including 269 units of mixed-income housing, 129 underground parking spaces, and approximately 8,900 square feet of commercial space in Boston, Massachusetts. In addition, Tent City Corporation manages 30 units of low to moderate mixed-income housing under another program. The corporation's goal is to contribute to the community's development and provide housing solutions for individuals who are in need.

Impact

This information is meant to be a general summary of Tent City Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.




Saturday, July 20, 2024

Tent City Corporation's impact can be seen in its provision of affordable housing and related services in the South End/Lower Roxbury urban renewal area of Boston, Massachusetts. Through its real estate operations, the organization manages 269 units of mixed-income housing, 129 underground parking spaces, and approximately 8,900 square feet of commercial space. Additionally, Tent City Corporation operates 30 units of low to moderate mixed-income housing, contributing to neighborhood development with citizen involvement and ensuring decent and affordable housing for displaced or inadequately housed residents. This demonstrates the organization's commitment to addressing housing needs and promoting community development in the Boston area.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Investment Income: $3,462
  • Program Service Revenue: $6,140,503
  • Gross Receipts: $6,196,753

    • Assets and Liabilities:
  • Total Assets: $46,310,020
  • Total Liabilities: $74,284,548
  • Net Assets: -$27,974,528
  • Programs

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

    RENTAL INCOME

    Revenue

    $6,140,503

    Organization Details

    Founding Year

    1979

    Principal Officer

    Vanessa Saulsberry

    Main Address

    130 DARTMOUTH STREET, BOSTON, MA, 02116

    NTEE Category

    Code: L21 - Housing

    If you are a representative of Tent City Corporation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.