Overview
What is Community Condominium Corporation?
Community Condominium Corporation is a nonprofit organization situated in Brighton, Massachusetts. Their primary focus is on community development in the Allston-Brighton section of Boston, specifically catering to the needs of lower-income residents. They strive to prevent displacement of elderly and low-income residents by involving community members in the development process. The organization offers affordable housing solutions through five condominium units, with three units available for rental and one unit sold to a first-time homebuyer after rehabilitation. Their programs primarily revolve around providing affordable rental housing to contribute positively to the community.
Is Community Condominium Corporation legitimate?
Community Condominium Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Community Condominium Corporation submitted a form 990EZ, 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.
What is the mission statement of Community Condominium Corporation?
The Community Condominium Corporation's mission is centered around fostering neighborhood development in a manner that prioritizes the welfare of lower-income residents. This organization actively encourages citizen involvement to prevent displacement of elderly and economically disadvantaged residents in a specific area. In addition to this, they offer affordable rental housing in five condominium units, and have completed the sale of one unit to a first-time homeowner following a rehabilitation process. The organization's efforts also include providing affordable rental housing in three condominium units.
Who is the CEO of Community Condominium Corporation?
Unavailable
What is the revenue of Community Condominium Corporation?
Community Condominium Corporation's revenue in 2022 was $125,842.
Who are the executives of Community Condominium Corporation and what are their salaries?
Here are 4 key members and their salaries:
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Where can I find the form 990EZ for Community Condominium Corporation?
Community Condominium Corporation's most recent form 990EZ was submitted in 2022 and can be accessed here.
Mission Statement of Community Condominium Corporation
Community Condominium Corporation, a nonprofit organization, is committed to advancing the development of the Allston-Brighton area in Boston with a focus on benefiting lower-income residents. Its mission is to foster neighborhood development through active community involvement, aiming to prevent the displacement of elderly and financially disadvantaged residents in this area. In addition to this, the organization provides affordable rental housing, managing five condominium units, and completed the rehabilitation and sale of one condominium unit to a first-time homebuyer. By offering affordable housing options, Community Condominium Corporation contributes to maintaining a diverse and inclusive community in Allston-Brighton.
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Impact
October, 2024
Community Condominium Corporation significantly impacts the Allston-Brighton neighborhood of Boston by promoting affordable housing and fostering community development. By focusing on lower-income residents, it plays a crucial role in ensuring that vulnerable populations, particularly the elderly and low-income families, are not displaced from their homes. The organization not only provides affordable rental options in five condominium units but has also successfully rehabilitated and sold a unit to a first-time homebuyer, empowering individuals and families with the opportunity for homeownership. Through its initiatives, Community Condominium Corporation actively engages citizens in the development process, fostering a sense of community and shared responsibility. This collaborative approach not only strengthens neighborhood ties but also enhances the overall quality of life for residents by promoting stability and accessibility in housing.
This information is meant to be a general summary of Community Condominium 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $45,242
- Gross Receipts: $125,842
Assets and Liabilities:
- Total Assets: $168,447
- Total Liabilities: $86,817
- Net Assets: $81,630
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Organization Details
Phone
(617) 787-3874Main Address
18R SHEPARD STREET 100, BRIGHTON, MA, 02135
NTEE Category
Code: L21 - Housing
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