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Memorial Drive Housing Charitable Trust C/O Homeowner's Rehab Inc

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

EIN: 043320445 ✦ Cambridge, MA ✦ Designated as a 501(c)(3)

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Overview

What is Memorial Drive Housing Charitable Trust C/O Homeowner's Rehab Inc?

Memorial Drive Housing Charitable Trust C/O Homeowner's Rehab Inc is a nonprofit organization situated at 280 Franklin Street, Cambridge, MA, 02139. Their primary mission is to support the less fortunate, distressed, or underprivileged individuals by providing them with safe, decent, and sanitary housing where they can raise their families. This charity is dedicated to making a positive impact on the lives of those in need by offering them a secure living environment.

Is Memorial Drive Housing Charitable Trust C/O Homeowner's Rehab Inc legitimate?

Memorial Drive Housing Charitable Trust C/O Homeowner's Rehab Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Memorial Drive Housing Charitable Trust C/O Homeowner's Rehab 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: $0

For more financial information, click here

What is the mission statement of Memorial Drive Housing Charitable Trust C/O Homeowner's Rehab Inc?

The mission of Memorial Drive Housing Charitable Trust, managed by Homeowner's Rehab Inc., is centered around assisting the underprivileged, distressed, and impoverished individuals. Their primary goal is to provide these individuals with safe, decent, and sanitary housing, enabling them to live and raise their families in a suitable environment. This organization is dedicated to improving the living conditions of the less fortunate, offering them a secure and hygienic place to call home.

Who is the CEO of Memorial Drive Housing Charitable Trust C/O Homeowner's Rehab Inc?

Sara Barcan is the Trustee of Memorial Drive Housing Charitable Trust C/O Homeowner's Rehab Inc.

What is the revenue of Memorial Drive Housing Charitable Trust C/O Homeowner's Rehab Inc?

Memorial Drive Housing Charitable Trust C/O Homeowner's Rehab Inc's revenue in 2022 was $1,421,310.

Who are the executives of Memorial Drive Housing Charitable Trust C/O Homeowner's Rehab Inc and what are their salaries?


Here are 5 key members and their salaries:


Peter Daly (Trustee)
  • Compensation: $0
  • Related: $245,984
  • Other: $20,183
Louise Elving (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vince O'Donnell (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wahida Dia (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathy Mack (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Memorial Drive Housing Charitable Trust C/O Homeowner's Rehab Inc?

Memorial Drive Housing Charitable Trust C/O Homeowner's Rehab Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Memorial Drive Housing Charitable Trust C/O Homeowner's Rehab Inc

Memorial Drive Housing Charitable Trust C/O Homeowner's Rehab Inc is committed to supporting the less fortunate, distressed, and underprivileged individuals by providing them with safe, decent, and sanitary housing where they can raise their families. This nonprofit organization's mission is deeply rooted in the belief that every person deserves a secure living environment, regardless of their financial situation. By offering suitable housing, Memorial Drive Housing Charitable Trust C/O Homeowner's Rehab Inc aims to contribute to the betterment of these families' lives, thereby fostering a sense of stability and improvement in their living conditions.

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Impact




October, 2024

Memorial Drive Housing Charitable Trust C/O Homeowner's Rehab Inc significantly impacts the community by offering safe, decent, and sanitary housing options for the poor, distressed, and underprivileged. This initiative allows families in Cambridge, MA, to secure stable living environments, fostering a sense of security and well-being. By addressing housing needs, it ensures that vulnerable populations have the opportunity to thrive, create nurturing homes, and raise their families in a supportive and healthy atmosphere. This contribution not only enhances individual lives but also strengthens the fabric of the community as a whole.




This information is meant to be a general summary of Memorial Drive Housing Charitable Trust C/O Homeowner's Rehab 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
$1,421,310 (2022)
Expenses
$72,555 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $406
  • Program Service Revenue: $1,416,979
  • Gross Receipts: $1,421,310

Assets and Liabilities:

  • Total Assets: $53,057,416
  • Total Liabilities: $6,110
  • Net Assets: $53,051,306

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Programs

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

INTEREST INCOME FROM N

Revenue

$1,416,979

Organization Details

Founding Year

1996

Principal Officer

Sara Barcan

Main Address

280 FRANKLIN STREET, CAMBRIDGE, MA, 02139

NTEE Category

Code: L200 - Housing

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