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Great Road Properties Inc

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

EIN: 043269615 ✦ Framingham, MA ✦ Designated as a 501(c)(3)

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Overview

What is Great Road Properties Inc?

Great Road Properties Inc is a nonprofit organization situated in Framingham, Massachusetts, with a specific focus on providing housing for individuals with disabilities. Their mission is to offer community residences for those with low incomes, ensuring they have a suitable living environment. The organization has successfully accommodated six individuals with disabilities within its facilities, demonstrating its commitment to inclusivity and support.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 79% (Three-Star out of Four Stars)

Great Road Properties Inc has received a Three-Star rating from Charity Navigator, reflecting a score of 79% based solely on its Accountability & Finance practices. This score indicates that the organization demonstrates a solid level of responsibility in managing its finances and operations, which is essential for maintaining donor trust and support.

The organization excels in several key areas, including having a fully independent board with 10 out of 10 members, and it has a strong program expense ratio of 85.12%, indicating that a significant portion of its funds is directed towards its programs. Additionally, Great Road Properties Inc has established comprehensive policies for conflict of interest, whistleblower protections, and document retention, all of which are indicators of sound governance practices.

While the organization has performed well in financial accountability, there is no information on other aspects such as program effectiveness or community impact. This limited view may prompt potential donors to seek more information regarding the direct outcomes of the organization’s work before contributing.


This AI summary has been generated from information found on Charity Navigator.

Is Great Road Properties Inc legitimate?

Great Road Properties Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Great Road Properties 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $23,541

For more financial information, click here

What is the mission statement of Great Road Properties Inc?

Great Road Properties Inc is committed to providing community residences for individuals with disabilities who have low income. Their mission is to offer a living space that caters to the unique needs of these individuals, ensuring they have a suitable environment to call home. As of now, the organization has successfully provided housing residences for six individuals with disabilities. The primary goal is to enhance their quality of life and promote a sense of independence and inclusion.

Who is the CEO of Great Road Properties Inc?

Jessica Kemp is the President/Director of Great Road Properties Inc.

What is the revenue of Great Road Properties Inc?

Great Road Properties Inc's revenue in 2022 was $51,375.

Who are the executives of Great Road Properties Inc and what are their salaries?

There 6 volunteers at Great Road Properties Inc.


Here are 6 key members and their salaries:


Daniel M Weir (Vice Chair/Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jessica Kemp (President/Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Sheridan (Treasurer/Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Timothy P Lee (Clerk/Director (Until 8/21))
  • Compensation: $0
  • Related: $2,320
  • Other: $0
Patricia Vinter (Vice Chair/Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christine Hubbard (Clerk/Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Great Road Properties Inc?

Great Road Properties Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Great Road Properties Inc

Great Road Properties Inc, as a nonprofit organization, is dedicated to providing community residences for individuals with disabilities who have low income. Their mission is to create an inclusive living environment where these individuals can thrive and lead independent lives. The organization has demonstrated its commitment by offering housing residences to six individuals with disabilities, thereby contributing to their overall well-being and ensuring they have a place to call home. Great Road Properties Inc's mission goes beyond providing housing; it aims to foster a sense of community and empower its residents to make the most out of their lives.

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Impact




August, 2024

Great Road Properties Inc's impact is crucial in providing housing residences for low-income individuals with disabilities in the city of Framingham, Massachusetts. By offering community residences for six individuals with disabilities, this organization plays a vital role in supporting vulnerable populations and promoting inclusivity in housing. Their mission to provide affordable and accessible housing options for those in need contributes positively to the local community and enhances the quality of life for individuals facing challenges.




This information is meant to be a general summary of Great Road Properties 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.

Revenue
$51,375 (2022)
Expenses
$80,991 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1
  • Program Service Revenue: $14,846
  • Gross Receipts: $51,375

Assets and Liabilities:

  • Total Assets: $297,011
  • Total Liabilities: $317,257
  • Net Assets: -$20,246

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

RENTAL INCOME

Revenue

$14,846

Organization Details

Founding Year

1995

Principal Officer

Jessica Kemp

Main Address

1881 WORCESTER ROAD, FRAMINGHAM, MA, 01701

NTEE Category

Code: L25 - Housing

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