Overview
What is Phil C Bradley Housing Partnership Consorcio De Vivienda Phil Cbradleyinc?
Phil C Bradley Housing Partnership Consorcio De Vivienda Phil Cbradleyinc is a nonprofit organization based in Boston, Massachusetts, specifically at 342 Shawmut Avenue. Their primary mission is to develop, rehabilitate, and manage 71 units of low-income housing. They operate a federally subsidized apartment building in Boston, providing affordable housing options to those in need. The organization's activities center around this mission, ensuring the maintenance and operation of these residential units.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
Phil C Bradley Housing Partnership has received a Two-Star out of Four Star rating from Charity Navigator, indicating that the organization requires improvement in certain areas despite maintaining a high score of 100% in Accountability & Finance. This suggests that while the organization manages its financial resources well, there are significant governance concerns that need to be addressed, particularly regarding board independence and the presence of key policies.
The nonprofit currently has no independent board members, which may hinder its ability to operate with adequate oversight. Additionally, several critical governance policies are missing, including conflict of interest, whistleblower, and document retention policies. These shortcomings could affect stakeholder trust and transparency in the organization's operations.
On a positive note, Phil C Bradley Housing Partnership shows strong financial health with a program expense ratio of 73.41%, indicating that a significant portion of its funds is directed towards its programs. While this is a strength, the overall lack of governance structures limits its effectiveness and raises concerns for potential donors and beneficiaries.
This AI summary has been generated from information found on Charity Navigator.
Is Phil C Bradley Housing Partnership Consorcio De Vivienda Phil Cbradleyinc legitimate?
Phil C Bradley Housing Partnership Consorcio De Vivienda Phil Cbradleyinc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Phil C Bradley Housing Partnership Consorcio De Vivienda Phil Cbradleyinc 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: $217,542
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What is the mission statement of Phil C Bradley Housing Partnership Consorcio De Vivienda Phil Cbradleyinc?
The Phil C Bradley Housing Partnership, identified as Phil Cbradleyinc and Consorcio De Vivienda, is dedicated to the operation of a federally subsidized apartment building. Their primary mission is to provide low-income housing, as evidenced by their activities in developing, rehabilitating, and operating seventy-one units of such housing. This organization's goal is to contribute to the housing needs of individuals with limited financial resources.
Who is the CEO of Phil C Bradley Housing Partnership Consorcio De Vivienda Phil Cbradleyinc?
Maria Nieves is the President of Phil C Bradley Housing Partnership Consorcio De Vivienda Phil Cbradleyinc.
What is the revenue of Phil C Bradley Housing Partnership Consorcio De Vivienda Phil Cbradleyinc?
Phil C Bradley Housing Partnership Consorcio De Vivienda Phil Cbradleyinc's revenue in 2022 was $1,341,277.
Who are the executives of Phil C Bradley Housing Partnership Consorcio De Vivienda Phil Cbradleyinc and what are their salaries?
Here are 5 key members and their salaries:
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- Other: $0
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Where can I find the form 990 for Phil C Bradley Housing Partnership Consorcio De Vivienda Phil Cbradleyinc?
Phil C Bradley Housing Partnership Consorcio De Vivienda Phil Cbradleyinc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Phil C Bradley Housing Partnership Consorcio De Vivienda Phil Cbradleyinc
Phil C Bradley Housing Partnership Consorcio De Vivienda Phil Cbradleyinc is dedicated to the operation of a federally subsidized apartment building, serving the low-income community. Their mission involves the development, rehabilitation, and management of 71 units of affordable housing. This nonprofit organization strives to provide a safe and comfortable living environment for individuals and families in need, ensuring their basic housing needs are met. By operating this apartment building, Phil C Bradley Housing Partnership Consorcio De Vivienda Phil Cbradleyinc contributes to the overall betterment of the community, making a significant difference in the lives of its residents.
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Impact
July, 2024
The impact of Phil C Bradley Housing Partnership Consorcio De Vivienda Phil Cbradleyinc is centered on providing affordable housing options to low-income individuals and families in Boston, MA. Through the operation of a federally subsidized apartment building with seventy-one units, the organization plays a crucial role in addressing the housing needs of the community. By developing, rehabilitating, and managing these units, Phil C Bradley Housing Partnership contributes to creating stable and secure living environments for those in need. This impact extends beyond just providing shelter, as affordable housing is a fundamental component in enhancing the overall well-being and quality of life for individuals and families facing financial challenges. Through their mission-focused approach, Phil C Bradley Housing Partnership Consorcio De Vivienda Phil Cbradleyinc helps to promote housing stability and economic empowerment within the community.
This information is meant to be a general summary of Phil C Bradley Housing Partnership Consorcio De Vivienda Phil Cbradleyinc. 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.
- Investment Income: $8,487
- Program Service Revenue: $1,332,705
- Gross Receipts: $1,341,277
Assets and Liabilities:
- Total Assets: $5,932,856
- Total Liabilities: $196,479
- Net Assets: $5,736,377
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME - RESIDE
Revenue
$1,292,709
RENTAL INCOME - COMMER
Revenue
$39,996
Organization Details
Founding Year
1995
Phone
(617) 542-3019Principal Officer
Maria Nieves
Main Address
342 SHAWMUT AVENUE, BOSTON, MA, 02118
NTEE Category
Code: L20Z - Housing
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