Overview
What is Castle Square Tenants Organization Inc?
Castle Square Tenants Organization Inc, situated in Boston, Massachusetts, is a nonprofit organization dedicated to empowering low and moderate-income individuals. Their mission revolves around promoting economic, educational, and social growth by offering safe and affordable housing options. They provide direct service programs to support their cause, all while working towards the economic, educational, and social empowerment of their community members. The organization has a team of 32 dedicated individuals, contributing to their mission.
Official website here: www.cstoboston.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 87% (Three-Star out of Four Star rating)
Castle Square Tenants Organization Inc has achieved an overall rating of 87%, indicating strong performance in accountability and finance. The organization excels in governance, with a fully independent board and comprehensive oversight measures in place, scoring the maximum points in several key areas such as conflict of interest and whistleblower policies. These practices contribute to the charity's transparency and ethical management.
In terms of financial health, the organization maintains a balanced liabilities to assets ratio of 50.06%, signifying a stable financial situation. However, the program expense ratio is 62.56%, which suggests that a significant portion of its budget is directed towards program activities, though there is room for improvement in this area. This balance reflects a commitment to ensuring funds are utilized effectively for its intended programs.
While the charity has demonstrated solid accountability measures, the single beacon score indicates that the overall assessment is heavily reliant on financial metrics. Potential donors might want to consider looking into additional qualitative aspects of the organization’s impact and outreach to get a fuller picture of its effectiveness in serving the community.
This AI summary has been generated from information found on Charity Navigator.
Is Castle Square Tenants Organization Inc legitimate?
Castle Square Tenants Organization Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Castle Square Tenants Organization 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: $113,592
Professional Fundraising Fees: $0
Other Salaries and Wages: $692,370
For more financial information, click here
Official website here: www.cstoboston.org
What is the mission statement of Castle Square Tenants Organization Inc?
The mission of Castle Square Tenants Organization Inc. is centered around promoting the economic, educational, and social empowerment of individuals with modest incomes. They achieve this by providing access to safe and affordable housing, as well as offering supportive direct service programs. The organization's activities are geared towards enhancing the quality of life for these individuals, aiming to create a sense of self-sufficiency and growth.
Official website here: www.cstoboston.org
Who is the CEO of Castle Square Tenants Organization Inc?
Ann Moy is the Executive Director of Castle Square Tenants Organization Inc.
Official website here: www.cstoboston.org
What is the revenue of Castle Square Tenants Organization Inc?
Castle Square Tenants Organization Inc's revenue in 2022 was $561,417.
Official website here: www.cstoboston.org
Who are the executives of Castle Square Tenants Organization Inc and what are their salaries?
The average compensation at Castle Square Tenants Organization Inc during 2022 was $25,186. There are 32 employees and 7 volunteers at Castle Square Tenants Organization Inc.
Here are 9 key members and their salaries:
- Compensation: $113,592
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Official website here: www.cstoboston.org
Where can I find the form 990 for Castle Square Tenants Organization Inc?
Castle Square Tenants Organization Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.cstoboston.org
Learn more at the official website: www.cstoboston.org
Mission Statement of Castle Square Tenants Organization Inc
Castle Square Tenants Organization, a nonprofit organization, is committed to fostering the economic, educational, and social empowerment of low and moderate income individuals. They achieve this by providing access to safe, quality, affordable housing and supportive direct service programs. The organization's mission is twofold: firstly, it seeks to enhance the living conditions of those in need by offering affordable housing options. Secondly, it provides a range of services that aim to improve the economic and educational prospects of these individuals, thereby promoting their overall well-being and social mobility.
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Impact
July, 2024
Castle Square Tenants Organization Inc's impact is significant in promoting the economic, educational, and social empowerment of low and moderate-income individuals. By providing access to safe, quality affordable housing and supportive direct service programs, the organization plays a crucial role in improving the lives of community members in Boston, MA. Through its various programs, Castle Square Tenants Organization empowers individuals and families, enhancing their quality of life and fostering a strong sense of community.
This information is meant to be a general summary of Castle Square Tenants Organization 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.
- Investment Income: -$551,025
- Program Service Revenue: $1,102,831
- Gross Receipts: $3,692,309
Assets and Liabilities:
- Total Assets: $40,575,279
- Total Liabilities: $20,315,318
- Net Assets: $20,259,961
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MANAGEMENT SERVICES
Revenue
$555,173
REIMBURSED EXPENSES
Revenue
$475,244
PROGRAM USER FEES
Revenue
$57,139
PARKING FEES
Revenue
$15,275
Organization Details
Founding Year
1988
Phone
(617) 357-8548Principal Officer
Ann Moy
Main Address
476 TREMONT STREET, BOSTON, MA, 02116
Website
www.cstoboston.orgNTEE Category
Code: L52Z - Housing
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