Central Massachusetts Housing Alliance Inc

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

EIN: 042791448 ✦ Worcester, MA ✦ Designated as a 501(c)(3)

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Overview

What is Central Massachusetts Housing Alliance Inc?

Central Massachusetts Housing Alliance Inc is a nonprofit organization in Worcester, Massachusetts, with a mission to foster long-term housing stability for individuals and families in need. They provide housing-related benefits and services, including housing search assistance, counseling, and preventing homelessness. Their tenant and landlord services help families find permanent housing, offering household assistance funds and stabilization services to clients receiving these funds. The organization places a high value on the dignity of all, leading a collaborative response to homelessness through prevention, quality services, education, and advocacy. The Central Massachusetts Housing Alliance employs a team of 109 individuals dedicated to this cause.


Official website here: www.cmhaonline.org

What are the reviews and ratings of this charity?

Charity Navigator rating: 96%, Four-Star out of Four Star rating.

Central Massachusetts Housing Alliance Inc has achieved an impressive 96% rating, reflecting its strong commitment to accountability and financial practices. The rating is based solely on the Accountability & Finance beacon, indicating a robust foundation in governance and transparency. The organization boasts a 100% independent board with 12 members, demonstrating a commitment to independent decision-making and oversight.

The organization has also excelled in financial management, with a program expense ratio of 96.03%, indicating that a significant portion of its funds directly support its mission-related programs. Additional strengths include a comprehensive audit and oversight committee, and implemented policies addressing conflicts of interest and whistleblowing, which further enhance its operational integrity.

While the organization’s financial health appears solid with a liabilities to assets ratio of 49.34%, user feedback or insights into its program effectiveness and community impact were not provided. Overall, Central Massachusetts Housing Alliance Inc demonstrates a high level of accountability, making it a trustworthy option for potential donors.


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

Is Central Massachusetts Housing Alliance Inc legitimate?

Central Massachusetts Housing Alliance Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Central Massachusetts Housing Alliance 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: $326,472
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,205,238

For more financial information, click here


Official website here: www.cmhaonline.org

What is the mission statement of Central Massachusetts Housing Alliance Inc?

Central Massachusetts Housing Alliance Inc is dedicated to addressing homelessness through collaborative efforts that promote long-term housing stability. Recognizing the inherent dignity of all individuals, the organization leads this response by providing prevention services, quality assistance, education, and advocacy. Their housing assistance and placement services help families secure benefits and housing-related services to prevent homelessness. The Alliance also offers tenant and landlord services, including housing search assistance, counseling, and prevention strategies. Additionally, they provide household assistance funds and stabilization services for clients receiving such funds to ensure their successful housing placement.


Official website here: www.cmhaonline.org

Who is the CEO of Central Massachusetts Housing Alliance Inc?

Leah M Bradley is the President of Central Massachusetts Housing Alliance Inc. The CEO's salary of Central Massachusetts Housing Alliance Inc is $141,200 and their total compensation is $157,009.


Official website here: www.cmhaonline.org

What is the revenue of Central Massachusetts Housing Alliance Inc?

Central Massachusetts Housing Alliance Inc's revenue in 2022 was $29,447,381.


Official website here: www.cmhaonline.org

Who are the executives of Central Massachusetts Housing Alliance Inc and what are their salaries?

The average compensation at Central Massachusetts Housing Alliance Inc during 2022 was $32,401. There are 109 employees and 150 volunteers at Central Massachusetts Housing Alliance Inc.


Here are 14 key members and their salaries (Central Massachusetts Housing Alliance Inc's CEO's salary is $141,200 and their total compensation is $157,009):


Sam Bitar (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matthew Palmgren (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sharon Krefetz (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daniel J Stanhope (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jane L Edmonstone (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ron Hayes (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sandra Longvall Johnson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Mclaren (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rosa Nguyen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Martin Pellegrino (Director (Until 2/22))
  • Compensation: $0
  • Related: $0
  • Other: $0
Doreen Samuels (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leah M Bradley (Chief Executive Officer)
  • Compensation: $141,200
  • Related: $0
  • Other: $15,809
Joseph Baldassarre (Interim Cfo (Until 11/21))
  • Compensation: $56,129
  • Related: $0
  • Other: $623
Kelly Caraballo (Per Diem Cfo (As Of 11/21))
  • Compensation: $8,439
  • Related: $0
  • Other: $1,930


Official website here: www.cmhaonline.org

Where can I find the form 990 for Central Massachusetts Housing Alliance Inc?

Central Massachusetts Housing Alliance Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.cmhaonline.org

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

Mission Statement of Central Massachusetts Housing Alliance Inc

Central Massachusetts Housing Alliance Inc, a leading organization in the collaborative response to homelessness, is dedicated to fostering long-term housing stability for all. Recognizing the inherent dignity of each individual, the Alliance takes a comprehensive approach to addressing homelessness through prevention, quality services, education, and advocacy.

The Alliance provides essential housing assistance and placement services to families in need. Their housing-related benefits and services include the provision of household assistance funds and stabilization services for clients receiving those funds. In addition, Central Massachusetts Housing Alliance offers tenant and landlord services, including housing search assistance, counseling, and the prevention of families from becoming homeless. Through these initiatives, the organization helps families secure stable housing and avoid the cycle of homelessness.

Central Massachusetts Housing Alliance not only focuses on immediate housing needs but also prioritizes the long-term stability of its clients. By offering education and advocacy, the organization empowers individuals and families to improve their circumstances and build a solid foundation for their future. With a commitment to dignity and collaboration, Central Massachusetts Housing Alliance plays a pivotal role in creating lasting solutions to homelessness.

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Impact




October, 2024

Central Massachusetts Housing Alliance Inc. plays a vital role in addressing homelessness and promoting long-term housing stability in Worcester, MA. By providing housing assistance and placement services, they help families access much-needed resources to secure stable living conditions. Their efforts include offering housing-related benefits, counseling, and support to both tenants and landlords, aiming to prevent homelessness and facilitate successful housing searches.

The organization’s commitment to recognizing the dignity of all individuals drives their mission forward. Through collaborative strategies, they not only provide household assistance funds and stabilization services but also engage in education and advocacy, ensuring that families receive the comprehensive support needed to overcome housing challenges. Their impact extends beyond immediate assistance, fostering sustainable solutions that contribute to community resilience and well-being.




This information is meant to be a general summary of Central Massachusetts Housing Alliance 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.

Revenue
$29,447,381 (2022)
Expenses
$29,192,938 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $401
  • Gross Receipts: $29,447,381

Assets and Liabilities:

  • Total Assets: $4,123,695
  • Total Liabilities: $1,780,348
  • Net Assets: $2,343,347

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Organization Details

Founding Year

1994

Principal Officer

Leah M Bradley

Main Address

6 INSTITUTE ROAD, WORCESTER, MA, 01609

NTEE Category

Code: L80 - Housing

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