Overview
What is Hand Corporation?
Hand Corporation is a nonprofit organization that focuses on providing deferred loans to support low-income housing. While specific details about its mission, activities, or any additional services are not provided, it can be inferred that their primary goal is to assist in the development and maintenance of affordable housing options for those in need. The organization's impact on communities and families reliant on low-income housing remains an essential aspect of their work.
Official website here: www.ci.new-bedford.ma.us
Is Hand Corporation legitimate?
Hand Corporation is a legitimate nonprofit organization registered as a 501(c)(4) entity. Hand Corporation 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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Official website here: www.ci.new-bedford.ma.us
What is the mission statement of Hand Corporation?
Hand Corporation's mission is centered around providing deferred loans, specifically to support the development of low-income housing. This initiative aims to make housing more accessible for individuals with limited financial means. By offering deferred loan options, Hand Corporation contributes to the creation of sustainable living spaces within the community. While the corporation does not directly provide housing, its mission plays a crucial role in facilitating affordable housing opportunities for those who need it most.
Official website here: www.ci.new-bedford.ma.us
Who is the CEO of Hand Corporation?
Michael Gagne is the Director of Hand Corporation.
Official website here: www.ci.new-bedford.ma.us
What is the revenue of Hand Corporation?
Hand Corporation's revenue in 2022 was $0.
Official website here: www.ci.new-bedford.ma.us
Who are the executives of Hand Corporation and what are their salaries?
Here are 5 key members and their salaries:
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Official website here: www.ci.new-bedford.ma.us
Where can I find the form 990 for Hand Corporation?
Hand Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ci.new-bedford.ma.us
Learn more at the official website: www.ci.new-bedford.ma.us
Mission Statement of Hand Corporation
Hand Corporation is a nonprofit organization committed to providing deferred loans that support low-income housing. Their mission is centered around extending financial aid in the form of deferred loans, aiming to contribute positively to housing for individuals with limited income. By offering such loans, Hand Corporation seeks to contribute to the creation and maintenance of affordable housing, ultimately improving living conditions for those in need.
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Impact
October, 2024
Hand Corporation significantly contributes to addressing housing challenges by providing deferred loans that support low-income housing in New Bedford, MA. This approach enables individuals and families with limited financial means to access essential housing resources, fostering stability and improving quality of life. By focusing on deferred loans, they ensure that funds are available for those who need them most, reducing the burden of immediate repayment and facilitating sustainable housing solutions. Their efforts play a crucial role in combating homelessness and housing insecurity within the community, ultimately promoting social equity and enhancing the overall well-being of residents in the area.
This information is meant to be a general summary of Hand 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
Assets and Liabilities:
- Total Assets: $12,716,293
- Total Liabilities: $12,716,293
- Net Assets: $0
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Organization Details
Founding Year
1994
Phone
(508) 979-1581Principal Officer
Michael Gagne
Main Address
608 PURCHASE STREET, NEW BEDFORD, MA, 02740
Website
www.ci.new-bedford.ma.usNTEE Category
Code: L25 - Housing
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