Overview
What is Boston Building Materials Coop Charitable And Educational Fund?
Boston Building Materials Coop Charitable and Educational Fund is a nonprofit organization situated in Roxbury Crossing, Massachusetts. Their primary mission is to assist low- and moderate-income homeowners by providing them with used and surplus building materials at around 25% of their fair market value. This initiative promotes social welfare, fosters community stability, and contributes to neighborhood revitalization. In 2022, the organization received in-kind donations totaling $2,083,633 from various sources, including homeowners, contractors, retailers, and manufacturers. The nonprofit operates under the name Boston Building Resources – Reuse Center and employs a team of 18 individuals.
Official website here: www.bostonbuildingresources.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 100% (Four-Star out of Four Stars)
The Boston Building Materials Coop Charitable And Educational Fund has achieved an impressive Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and financial transparency. The charity's score, which is solely based on its Accountability & Finance beacon, showcases its effective governance practices, including a majority of independent board members and a robust audit and oversight framework.
Strengths highlighted in the rating include its well-documented financial policies, such as conflict of interest and whistleblower policies, as well as the transparency of its financial statements. The organization has also demonstrated excellent financial health, with a low liabilities to assets ratio and a high program expense ratio, indicating that a significant portion of its funds is directed toward its charitable programs.
While the rating reflects a high level of organizational integrity, ongoing engagement and feedback from the community could further enhance its impact. Overall, the Boston Building Materials Coop Charitable And Educational Fund stands out as a responsible and effective nonprofit, committed to serving its mission with transparency and accountability.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Boston Building Materials Coop Charitable And Educational Fund?
96% of 10 reviewers on Facebook recommend the Boston Building Materials Coop Charitable And Educational Fund. Here's a summary of their ratings:
The overall sentiment is overwhelmingly positive, with many expressing satisfaction with the services provided. One reviewer highlighted their experience with a kitchen renovation, praising the high-quality cabinets and countertops along with excellent design service. The mention of a membership suggests that users see added value in what the organization offers to homeowners in Boston.
In general, it appears that the nonprofit is recognized for delivering on its promises and providing quality materials and services to the community, making it a worthwhile resource for those in the area considering home improvement projects.
This AI summary has been generated from reviews found on Facebook.
Is Boston Building Materials Coop Charitable And Educational Fund legitimate?
Boston Building Materials Coop Charitable And Educational Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Boston Building Materials Coop Charitable And Educational Fund 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: $59,183
Professional Fundraising Fees: $0
Other Salaries and Wages: $394,967
For more financial information, click here
Official website here: www.bostonbuildingresources.com
What is the mission statement of Boston Building Materials Coop Charitable And Educational Fund?
The Boston Building Materials Coop Charitable and Educational Fund aims to assist low- and moderate-income homeowners by providing them with affordable, reused building materials. This initiative not only helps in home repairs and maintenance but also contributes to social welfare by promoting stability within communities. Furthermore, the fund plays a role in revitalizing neighborhoods by offering these resources. In 2022, the fund received in-kind donations of building materials with a fair market value of $2,083,633, which it distributed at approximately 25% of their original cost to eligible homeowners, nonprofits, and other donors.
Official website here: www.bostonbuildingresources.com
Who is the CEO of Boston Building Materials Coop Charitable And Educational Fund?
Deanne B Dupont is the President/Ed (Former 10/22) of Boston Building Materials Coop Charitable And Educational Fund.
Official website here: www.bostonbuildingresources.com
What is the revenue of Boston Building Materials Coop Charitable And Educational Fund?
Boston Building Materials Coop Charitable And Educational Fund's revenue in 2022 was $1,067,197.
Official website here: www.bostonbuildingresources.com
Who are the executives of Boston Building Materials Coop Charitable And Educational Fund and what are their salaries?
The average compensation at Boston Building Materials Coop Charitable And Educational Fund during 2022 was $25,231. There are 18 employees and 168 volunteers at Boston Building Materials Coop Charitable And Educational Fund.
Here are 15 key members and their salaries:
- Compensation: $55,000
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- Other: $55,000
- Compensation: $4,183
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Official website here: www.bostonbuildingresources.com
Where can I find the form 990 for Boston Building Materials Coop Charitable And Educational Fund?
Boston Building Materials Coop Charitable And Educational Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.bostonbuildingresources.com
Learn more at the official website: www.bostonbuildingresources.com
Mission Statement of Boston Building Materials Coop Charitable And Educational Fund
The Boston Building Materials Coop Charitable and Educational Fund is committed to assisting low- and moderate-income homeowners in repairing and maintaining their homes. It achieves this mission by providing them with reused, affordable building materials. This initiative promotes social welfare and contributes to community stability. Furthermore, the fund plays a role in revitalizing neighborhoods by offering these materials at approximately 25% of their fair market value.
In 2022, the fund successfully served 1,625 low-income homeowners and grassroots nonprofit organizations by providing them with used and surplus building materials. The fund's charitable efforts were made possible through in-kind donations of building materials with a fair market value of $2,083,633. These donations were contributed by various sources, including 1,248 homeowners, contractors, retailers, and manufacturers. The Boston Building Materials Coop Charitable and Educational Fund's mission is to make a tangible impact on the lives of those in need, improving their homes and contributing to the betterment of their communities.
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Impact
July, 2024
Boston Building Materials Coop Charitable And Educational Fund has a significant impact on low- and moderate-income homeowners in the Roxbury Crossing area of Massachusetts. By providing reused and affordable building materials, the fund helps these homeowners repair and maintain their homes, promoting social welfare and community stability while revitalizing neighborhoods.
In the year 2022, the fund served 1,625 low- and moderate-income homeowners and grassroots organizations. Through in-kind donations of building materials valued at over $2 million, sourced from a variety of donors including homeowners, contractors, retailers, and manufacturers, the fund was able to make a substantial difference in the affordability and accessibility of building materials for those in need.
Overall, the Boston Building Materials Coop Charitable And Educational Fund's efforts have a direct and tangible impact on housing affordability, community stability, and neighborhood revitalization, making a positive difference in the lives of those it serves.
This information is meant to be a general summary of Boston Building Materials Coop Charitable And Educational Fund. 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.
- Investment Income: $7,995
- Program Service Revenue: $19,284
- Gross Receipts: $1,631,221
Assets and Liabilities:
- Total Assets: $2,809,166
- Total Liabilities: $183,329
- Net Assets: $2,625,837
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
WORKSHOP FEES
Revenue
$10,604
Organization Details
Founding Year
1981
Phone
(617) 442-2262Principal Officer
Deanne B Dupont
Main Address
100 TERRACE STREET, ROXBURY CROSSING, MA, 021203418
NTEE Category
Code: L00 - Housing
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