Overview
What is Tcb Holdings Inc The Community Builders Inc?
Tcb Holdings Inc, also known as The Community Builders Inc, is a nonprofit organization situated in Boston, Massachusetts. Their primary focus is to provide affordable housing for low and moderate-income families and individuals, regardless of race, religion, or nationality, within the United States. To achieve this objective, the organization acquires, develops, constructs, manages, and improves properties at the lowest possible cost. They also encourage the renovation and improvement of properties in the same area by setting an example. In addition to property acquisition and development, Tcb Holdings Inc arranges investments in nonprofit-sponsored housing and community development projects, fulfilling their charitable and tax-exempt purposes. The organization's mission is to make a significant impact on housing affordability within the United States.
Is Tcb Holdings Inc The Community Builders Inc legitimate?
Tcb Holdings Inc The Community Builders Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tcb Holdings Inc The Community Builders Inc 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Tcb Holdings Inc The Community Builders Inc?
Tcb Holdings Inc, also known as The Community Builders Inc, is committed to providing affordable housing. Their primary objective is to acquire, develop, construct, manage, and improve housing at the most reasonable cost for low-income families and individuals, regardless of race, religion, or nationality. Additionally, they strive to stimulate the renovation and improvement of properties in their area by setting an example. Furthermore, they provide capital for affordable housing and community development activities by arranging investments in non-profit sponsored housing and community development projects, aligning with their charitable and tax-exempt purposes.
Who is the CEO of Tcb Holdings Inc The Community Builders Inc?
Thomas Buonopane is the President, Director of Tcb Holdings Inc The Community Builders Inc.
What is the revenue of Tcb Holdings Inc The Community Builders Inc?
Tcb Holdings Inc The Community Builders Inc's revenue in 2022 was $0.
Who are the executives of Tcb Holdings Inc The Community Builders Inc and what are their salaries?
Here are 2 key members and their salaries:
- Compensation: $0
- Related: $260,847
- Other: $45,449
- Compensation: $0
- Related: $264,067
- Other: $45,916
Where can I find the form 990 for Tcb Holdings Inc The Community Builders Inc?
Tcb Holdings Inc The Community Builders Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Tcb Holdings Inc The Community Builders Inc
Tcb Holdings Inc, also known as The Community Builders Inc, is a mission-driven organization with a primary purpose to provide affordable housing. The organization strives to make housing available at the lowest possible cost to low and moderate income families and individuals, regardless of their race, religion, or nationality. In addition to this, Tcb Holdings Inc also aims to stimulate renovation and improvement of properties in the area by setting an example. To achieve its mission, the corporation engages in various activities such as acquiring, developing, constructing, managing, and improving properties. Furthermore, Tcb Holdings Inc also provides capital for affordable housing and related community development activities by arranging investments in nonprofit sponsored housing and community development projects that align with its charitable and tax-exempt purposes.
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Impact
October, 2024
Tcb Holdings Inc The Community Builders Inc significantly impacts communities by providing affordable housing solutions to low and moderate-income families across the United States. By acquiring, developing, constructing, and managing housing, the organization ensures access to safe and affordable living spaces, fostering stability and improving the quality of life for many individuals and families.
In addition to its core mission, the organization stimulates the renovation and enhancement of neighborhoods, which contributes to urban revitalization. This not only improves the physical appearance of communities but also helps boost local economies through increased property values and the creation of jobs related to construction and maintenance.
Furthermore, Tcb Holdings Inc plays a crucial role in mobilizing capital to fund affordable housing and community development projects. By facilitating investments in these initiatives, the organization enhances the availability of resources necessary for sustainable development. This holistic approach not only addresses immediate housing needs but also promotes long-term community growth and resilience, making a lasting impact on the lives of those it serves.
This information is meant to be a general summary of Tcb Holdings Inc The Community Builders Inc. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
Assets and Liabilities:
- Total Assets: $2,088,395
- Total Liabilities: $2,696,482
- Net Assets: -$608,087
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Organization Details
Founding Year
2001
Phone
(857) 221-8600Principal Officer
Thomas Buonopane
Main Address
185 DARTMOUTH STREET, BOSTON, MA, 02116
NTEE Category
Code: L21 - Housing
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