Overview
What is Citizens For Affordable Housing In Newton Development Corp?
Citizens for Affordable Housing in Newton Development Corp is a nonprofit organization that prioritizes affordable housing. Based in Newton, they manage and maintain 39 such units, selling five in 2020. Beyond housing, they extend their support to victims of domestic violence. The organization is also actively involved in developing affordable housing, promoting the construction and conversion of properties. Currently, they have twelve units under development, demonstrating their commitment to addressing housing needs in the community.
Official website here: www.newtoncan-do.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Star Rating)
Citizens For Affordable Housing In Newton Development Corp has achieved a solid Three-Star rating, reflecting its commitment to accountability and financial health. With an Accountability & Finance score of 81%, the organization demonstrates strong governance practices, including a fully independent board and comprehensive oversight measures.
The nonprofit scored particularly well in several key areas, earning full points for its independent board structure, audit and oversight committee, and policies related to conflicts of interest and whistleblower protections. Additionally, the program expense ratio stands impressively at 89.10%, indicating that the majority of its funds are directed toward its mission of providing affordable housing.
While the organization showcases robust practices and a high level of transparency, it's essential for potential donors to consider that a three-star rating, while commendable, suggests there is room for improvement. Overall, Citizens For Affordable Housing In Newton Development Corp stands out for its effective use of resources and strong governance.
This AI summary has been generated from information found on Charity Navigator.
Is Citizens For Affordable Housing In Newton Development Corp legitimate?
Citizens For Affordable Housing In Newton Development Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Citizens For Affordable Housing In Newton Development Corp 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.
Official website here: www.newtoncan-do.org
What is the mission statement of Citizens For Affordable Housing In Newton Development Corp?
The mission of Citizens For Affordable Housing In Newton Development Corp is centered around advocating for affordable housing. The organization actively works towards this goal by maintaining and managing affordable residential units, as demonstrated by their management of 39 units in Newton, with five units sold in 2020. Beyond this, they extend their support to victims of domestic violence. In addition, Citizens for Affordable Housing is proactive in promoting the construction and conversion of properties to create more affordable housing options. Currently, they have twelve units under development, furthering their commitment to this cause.
Official website here: www.newtoncan-do.org
Who is the CEO of Citizens For Affordable Housing In Newton Development Corp?
Josephine Mcneil is the Executive Director of Citizens For Affordable Housing In Newton Development Corp.
Official website here: www.newtoncan-do.org
What is the revenue of Citizens For Affordable Housing In Newton Development Corp?
Citizens For Affordable Housing In Newton Development Corp's revenue in 2022 was $7,953.
Official website here: www.newtoncan-do.org
Who are the executives of Citizens For Affordable Housing In Newton Development Corp and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.newtoncan-do.org
Where can I find the form 990EZ for Citizens For Affordable Housing In Newton Development Corp?
Citizens For Affordable Housing In Newton Development Corp's most recent form 990EZ was submitted in 2022 and can be accessed here.
Official website here: www.newtoncan-do.org
Learn more at the official website: www.newtoncan-do.org
Mission Statement of Citizens For Affordable Housing In Newton Development Corp
Citizens for Affordable Housing in Newton Development Corp is an organization dedicated to advocating for affordable housing. Their mission is multifaceted, encompassing not only the maintenance and management of existing affordable residential units but also the promotion of the construction and conversion of properties to increase the availability of such housing. In pursuit of this mission, the corporation has managed 39 affordable units in Newton, with five units sold in 2020. Furthermore, they extend their support to victims of domestic violence, demonstrating a holistic approach to addressing housing and related social issues. Currently, the organization is actively involved in developing twelve additional units, continuing their commitment to making affordable housing a reality.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
August, 2024
Citizens For Affordable Housing In Newton Development Corp's impact lies in advocating for affordable housing in Newton. The organization maintains and manages 39 affordable residential units in the city, with plans to develop an additional twelve units. In 2020, they successfully sold five units, contributing to the expansion of affordable housing options in Newton. Additionally, the organization's commitment to serving victims of domestic violence further amplifies their positive influence on the community.
This information is meant to be a general summary of Citizens For Affordable Housing In Newton Development Corp. 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.
- Gross Receipts: $7,953
Assets and Liabilities:
- Total Assets: $117,215
- Total Liabilities: $0
- Net Assets: $117,215
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Phone
(617) 340-1238Principal Officer
Josephine Mcneil
Main Address
PO Box 600523, Newton, MA, 02460
Website
www.newtoncan-do.orgNTEE Category
Code: L80 - Housing
If you are a representative of Citizens For Affordable Housing In Newton Development Corp and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.