Methuen Development Corporation

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

EIN: 043186424 ✦ Methuen, MA ✦ Designated as a 501(c)(3)

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Overview

What is Methuen Development Corporation?

Methuen Development Corporation is a nonprofit organization situated in an unspecified location. Its primary focus is on enriching the lives of elderly residents living in public housing facilities managed by the Methuen Housing Authority. They achieve this by organizing social activities such as day trips and events, aiming to offer them a stimulating and enjoyable experience. The organization's mission is centered around fostering a sense of community and well-being among the elderly population, ensuring they have opportunities for social interaction and engagement.

Is Methuen Development Corporation legitimate?

Methuen Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Methuen Development Corporation submitted a form 990EZ, 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.

What is the mission statement of Methuen Development Corporation?

Methuen Development Corporation's mission is centered around enhancing the lives of elderly residents living in public housing facilities managed by the Methuen Housing Authority. They achieve this by organizing social activities such as day trips and functions, with the primary goal of offering an enriching and entertaining experience for these residents.

Who is the CEO of Methuen Development Corporation?

Gail Drouin is the Treasurer of Methuen Development Corporation.

What is the revenue of Methuen Development Corporation?

Methuen Development Corporation's revenue in 2022 was $5,558.

Who are the executives of Methuen Development Corporation and what are their salaries?


Here are 5 key members and their salaries:


Francisco Surillo (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nancy Marcoux (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gail Drouin (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Moises Fumero (Vice Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nancy Reardon (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Methuen Development Corporation?

Methuen Development Corporation's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Methuen Development Corporation

Methuen Development Corporation, a nonprofit organization, is dedicated to enhancing the lives of elderly residents living in public housing facilities managed by the Methuen Housing Authority. Their mission is to provide these individuals with stimulating and enjoyable experiences through organized day trips and functions. The primary objective of Methuen Development Corporation is to engage and entertain the elderly residents, fostering a sense of community and camaraderie within their residence.

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Impact




August, 2024

Methuen Development Corporation's impact is significant in providing social activities such as day trips and functions to elderly residents residing in public housing facilities managed by the Methuen Housing Authority. By offering engaging and enjoyable experiences, the organization plays a crucial role in enhancing the quality of life for these individuals. This direct support contributes to the well-being and happiness of elderly residents, fostering a sense of community and connection within the public housing facilities in Methuen, MA.




This information is meant to be a general summary of Methuen Development Corporation. 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
$5,558 (2022)
Expenses
$3,210 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $20
  • Program Service Revenue: $5,538
  • Gross Receipts: $5,558

Assets and Liabilities:

  • Total Assets: $44,803
  • Total Liabilities: $600
  • Net Assets: $44,203

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Organization Details

Principal Officer

Gail Drouin

Main Address

24 MYSTIC STREET, METHUEN, MA, 01844

NTEE Category

Code: P20 - Human services

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