Newvue Affordable Housing Corporation

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

EIN: 043271288 ✦ Fitchburg, MA ✦ Designated as a 501(c)(2)

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Overview

What is Newvue Affordable Housing Corporation?

Newvue Affordable Housing Corporation is a nonprofit organization situated in Fitchburg, Massachusetts. Their primary mission is to develop and offer affordable housing solutions for families with low to moderate income, serving the North Central Massachusetts region. This organization is committed to enhancing living conditions within the community by providing affordable housing options.


Official website here: www.newvuecommunities.org

What do the Facebook reviews say about Newvue Affordable Housing Corporation?

3 reviews on Facebook indicate a strong endorsement for Newvue Affordable Housing Corporation, with one user noting nearly 20 years of support and volunteer work. Their comment highlights the positive impact the organization has made in the community, emphasizing that they perform important and effective work.

While there are only a few ratings available at this time, the sentiment expressed points toward a strong approval from those who have engaged with the nonprofit. Supporters appreciate the efforts being made, suggesting that Newvue is fulfilling its mission successfully.

Overall, those who have interacted with Newvue Affordable Housing Corporation appear to hold it in high regard, recognizing its value and contributions to the community.


This AI summary has been generated from reviews found on Facebook.

Is Newvue Affordable Housing Corporation legitimate?

Newvue Affordable Housing Corporation is a legitimate nonprofit organization registered as a 501(c)(2) entity. Newvue Affordable Housing 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

For more financial information, click here


Official website here: www.newvuecommunities.org

What is the mission statement of Newvue Affordable Housing Corporation?

Newvue Affordable Housing Corporation is a nonprofit organization committed to developing and providing affordable housing solutions for low and moderate-income households. Its primary mission is to contribute to the housing sector by creating affordable living spaces, thereby addressing the housing needs of individuals and families who might otherwise struggle with housing affordability. By offering affordable housing options, the corporation aims to contribute positively to the communities it serves.


Official website here: www.newvuecommunities.org

Who is the CEO of Newvue Affordable Housing Corporation?

Marc Dohan is the Clerk of Newvue Affordable Housing Corporation.


Official website here: www.newvuecommunities.org

What is the revenue of Newvue Affordable Housing Corporation?

Newvue Affordable Housing Corporation's revenue in 2022 was $2,269,569.


Official website here: www.newvuecommunities.org

Who are the executives of Newvue Affordable Housing Corporation and what are their salaries?

There 2 volunteers at Newvue Affordable Housing Corporation.


Here are 3 key members and their salaries:


Marc Dohan (Clerk)
  • Compensation: $0
  • Related: $147,119
  • Other: $6,022
Tom Gray (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christina Dirusso (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.newvuecommunities.org

Where can I find the form 990 for Newvue Affordable Housing Corporation?

Newvue Affordable Housing Corporation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.newvuecommunities.org

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

Mission Statement of Newvue Affordable Housing Corporation

Newvue Affordable Housing Corporation, as a nonprofit organization, is dedicated to making a significant impact in the housing sector. Its mission lies in developing and providing affordable housing options to households with low and moderate incomes, contributing to a more inclusive and equitable community. By doing so, the corporation aims to contribute to the well-being and stability of these households, ensuring they have access to safe and affordable living spaces. By providing affordable housing, Newvue Affordable Housing Corporation plays a crucial role in promoting social equality and creating opportunities for individuals and families who might otherwise struggle to secure stable housing.

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Impact




October, 2024

Newvue Affordable Housing Corporation significantly impacts the community by developing and providing affordable housing for low and moderate-income households in North Central Massachusetts, particularly in Fitchburg. By addressing the critical need for accessible housing, it fosters stability and enables families to thrive in a secure environment. This initiative not only aids in reducing homelessness and housing insecurity but also contributes to the overall improvement of community well-being. The availability of affordable housing helps to enhance the local economy by attracting new residents and supporting local businesses, while also fostering a diverse and inclusive community. Through these efforts, Newvue Affordable Housing Corporation plays a vital role in promoting social equity and community development in the region.




This information is meant to be a general summary of Newvue Affordable Housing 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
$2,269,569 (2022)
Expenses
$1,751,279 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $594
  • Program Service Revenue: $1,055,896
  • Gross Receipts: $2,269,569

Assets and Liabilities:

  • Total Assets: $13,624,424
  • Total Liabilities: $12,738,783
  • Net Assets: $885,641

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Programs

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

RENTAL FEES

Revenue

$1,055,896

Organization Details

Founding Year

1995

Principal Officer

Marc Dohan

Main Address

470 MAIN STREET, FITCHBURG, MA, 014208040

NTEE Category

Code: S47 - Community improvement

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