Overview
What is Dudley Economic Empowerment Partners Inc?
Dudley Economic Empowerment Partners Inc, based in Roxbury, Massachusetts, primarily functions as a developer and real estate entity for its operations. Acting as a landlord, the organization houses a daycare center with 100 slots, where tenants offer mental health and shelter care services to clients across the city. In addition to its role as a landlord, DEEP has undertaken an affordable housing project at 23 Ruskendale Street, serving as a training site for over 30 trainees during the fiscal year. As a nonprofit organization, DEEP's primary mission is to promote economic development, identify and alleviate structural causes of business decline, invest in the community by purchasing and holding strategic property for development, guide economic development processes as a trustee of the community residents, and carry out acts permitted under the provisions of Chapter 180 of the General Laws of Massachusetts and Section 501 (C)(3) of the IRS Code.
Official website here: www.ybboston.org
Is Dudley Economic Empowerment Partners Inc legitimate?
Dudley Economic Empowerment Partners Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Dudley Economic Empowerment Partners 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.
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Official website here: www.ybboston.org
What is the mission statement of Dudley Economic Empowerment Partners Inc?
Dudley Economic Empowerment Partners Inc, as a non-profit organization, is dedicated to promoting economic development within its community. Its primary mission involves identifying and addressing structural causes of business decline. The organization also invests in the community by purchasing and holding strategic properties for development. As a trustee of the community residents, Dudley Economic Empowerment Partners Inc guides the economic development processes. Furthermore, it is permitted to perform various acts under Chapter 180 of the General Laws of Mass. and Section 501 (C)(3) of the IRS Code.
Official website here: www.ybboston.org
Who is the CEO of Dudley Economic Empowerment Partners Inc?
Brian Mcpherson is the Director of Dudley Economic Empowerment Partners Inc.
Official website here: www.ybboston.org
What is the revenue of Dudley Economic Empowerment Partners Inc?
Dudley Economic Empowerment Partners Inc's revenue in 2022 was $144,458.
Official website here: www.ybboston.org
Who are the executives of Dudley Economic Empowerment Partners Inc and what are their salaries?
Here are 17 key members and their salaries:
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- Related: $147,929
- Other: $524
Official website here: www.ybboston.org
Where can I find the form 990 for Dudley Economic Empowerment Partners Inc?
Dudley Economic Empowerment Partners Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ybboston.org
Learn more at the official website: www.ybboston.org
Mission Statement of Dudley Economic Empowerment Partners Inc
Dudley Economic Empowerment Partners Inc, as a nonprofit organization, is dedicated to promoting economic development within its community. The primary objective of the organization is to identify and address the structural causes of business decline. It achieves this by investing in strategic properties for development and serving as a trustee for the community residents, guiding economic development processes. In line with its mission, Dudley Economic Empowerment Partners Inc is also authorized to perform acts permitted under Chapter 180 of the General Laws of Massachusetts and Section 501 (C)(3) of the IRS Code. The organization's mission is to contribute positively to the economic growth of its community, ensuring sustainable development and prosperity.
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Impact
October, 2024
Dudley Economic Empowerment Partners Inc. (DEEP) plays a significant role in promoting economic development and revitalizing communities in Roxbury, Massachusetts. The organization focuses on addressing the structural causes of business decline while actively investing in the community through strategic real estate development. By purchasing and maintaining properties, DEEP not only enhances the local landscape but also provides essential services, such as operating a 100-slot daycare center and offering mental health and shelter care services to city residents.
In addition to real estate management, DEEP serves as a crucial guide for the economic development processes, ensuring community residents have a voice in the planning and implementation of projects that directly affect their lives. One of DEEP’s notable achievements includes the development of affordable housing at 23 Rus Kendall Street, which served as a training site for over 30 individuals, equipping them with valuable skills to contribute to the community's growth and resilience.
Through these initiatives, DEEP fosters an environment of economic empowerment, community improvement, and sustainability, effectively working to uplift and strengthen the socio-economic fabric of Roxbury.
This information is meant to be a general summary of Dudley Economic Empowerment Partners 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $126,415
- Gross Receipts: $144,458
Assets and Liabilities:
- Total Assets: $6,817,613
- Total Liabilities: $3,626
- Net Assets: $6,813,987
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$126,415
Organization Details
Founding Year
1994
Phone
(617) 445-8887Principal Officer
Brian Mcpherson
Main Address
27 CENTRE STREET, ROXBURY, MA, 02119
Website
www.ybboston.orgNTEE Category
Code: S50I - Community improvement
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