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Andover Community Trust

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

EIN: 043159877 ✦ Andover, MA ✦ Designated as a 501(c)(3)

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Overview

What is Andover Community Trust?

The Andover Community Trust is a nonprofit organization situated in Andover. Its primary objective is to ensure accessible and affordable housing for the local community. To achieve this goal, the trust operates public housing facilities. By doing so, it extends its reach to individuals in need, providing them with housing options that cater to their financial capabilities. The trust's mission is deeply rooted in the belief that everyone deserves a suitable living space, and it strives to uphold this belief through its operations.


Official website here: www.andoverclt.org

Is Andover Community Trust legitimate?

Andover Community Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Andover Community Trust 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: $47,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.andoverclt.org

What is the mission statement of Andover Community Trust?

The Andover Community Trust's mission is centered around providing affordable housing. This non-profit organization achieves this by operating public housing facilities. Their primary goal is to make housing options accessible to the community, ensuring that affordable housing is within reach for all. By operating these facilities, they contribute significantly to the community's housing needs, promoting affordability and inclusivity.


Official website here: www.andoverclt.org

Who is the CEO of Andover Community Trust?

Denise Johnson is the Director of Andover Community Trust.


Official website here: www.andoverclt.org

What is the revenue of Andover Community Trust?

Andover Community Trust's revenue in 2022 was -$251,896.


Official website here: www.andoverclt.org

Who are the executives of Andover Community Trust and what are their salaries?

The average compensation at Andover Community Trust during 2022 was $47,000. There is 1 employee at Andover Community Trust.


Here are 15 key members and their salaries:


Yajhayra Santana (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ellen Arvidson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Denise Johnson (Executive Dir.)
  • Compensation: $47,000
  • Related: $0
  • Other: $0
Cathy Johnson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kate Margolese (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dara Obbard (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sandy Sousa (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ellen Keller (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lenka Phelps (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Norm Rice (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Blake Martin (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dan Mahoney (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Priscilla Loring (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Webber (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ed Noymer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.andoverclt.org

Where can I find the form 990 for Andover Community Trust?

Andover Community Trust's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.andoverclt.org

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

Mission Statement of Andover Community Trust

The Andover Community Trust, a nonprofit organization, is committed to providing affordable housing solutions in its mission. This entity operates public housing facilities with the primary goal of making housing accessible to the community. By offering affordable housing options, the Andover Community Trust aims to contribute positively to the lives of the people it serves, ensuring that everyone has a roof over their heads without the burden of exorbitant housing costs.

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Impact




October, 2024

Andover Community Trust significantly impacts the Andover community by providing affordable housing options, ensuring that residents have access to safe and stable living environments. Through the operation of public housing facilities, it addresses the critical need for accessible housing, supporting individuals and families in achieving financial security and stability. This initiative not only enhances the quality of life for many residents but also fosters a sense of community by creating inclusive neighborhoods where everyone has the opportunity to thrive.




This information is meant to be a general summary of Andover Community Trust. 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
-$251,896 (2022)
Expenses
$73,940 (2022)
Efficiency

Other financial information:

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

  • Investment Income: -$436,389
  • Gross Receipts: $610,481

Assets and Liabilities:

  • Total Assets: $1,460,935
  • Total Liabilities: $732,931
  • Net Assets: $728,004

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Organization Details

Founding Year

1992

Principal Officer

Denise Johnson

Main Address

PO BOX 5038, ANDOVER, MA, 01810

NTEE Category

Code: L25Z - Housing

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