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Allstonhop Inc

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

EIN: 043685253 ✦ Brighton, MA ✦ Designated as a 501(c)(3)

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Overview

What is Allstonhop Inc?

Allstonhop Inc is a community-oriented nonprofit organization based in Allston-Brighton, with a mission to promote neighborhood development while preserving affordable housing for elderly and low-income residents. Over the years, they successfully developed 12 affordable housing units, selling 11 of these properties to first-time homebuyers in 2008 and 2010. As of 2022, Allstonhop Inc continues its role by monitoring environmental conditions in the area, ensuring that the community thrives and remains a welcoming place for its residents.

Is Allstonhop Inc legitimate?

Allstonhop Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Allstonhop Inc 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 Allstonhop Inc?

Allstonhop Inc, as an organization, was established with a mission to foster neighborhood development while ensuring the involvement of local citizens. This mission aims to prevent the displacement of elderly and low-income residents in specific areas. Allstonhop Inc has accomplished various projects, such as completing the development of 12 affordable housing units and selling these units to first-time homebuyers in 2008 and 2010. Currently, the organization continues its mission by overseeing environmental conditions in the area. In essence, Allstonhop Inc's mission revolves around promoting sustainable neighborhood development and safeguarding the living conditions of vulnerable residents.

Who is the CEO of Allstonhop Inc?

Unavailable

What is the revenue of Allstonhop Inc?

Allstonhop Inc's revenue in 2022 was $9,412.

Who are the executives of Allstonhop Inc and what are their salaries?


Here are 4 key members and their salaries:


Michael Helsmoortel (Director, Board Of Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0
Aida Franquiz (President, Board Of Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brighton Lew (Treasurer, Board Of Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Woods (Clerk, Board Of Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Allstonhop Inc?

Allstonhop Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Allstonhop Inc

Allstonhop Inc, as an organization, was established with a mission to foster neighborhood development through active community participation. Its primary goal is to safeguard the displacement of elderly and low-income residents in the Allston-Brighton area. In pursuit of this mission, Allstonhop Inc completed the development of 12 affordable housing units, selling a majority of these units to first-time homebuyers between 2008 and 2010. The organization continues to maintain an oversight role in managing the environmental conditions of these units in 2022. By actively engaging the community and providing affordable housing, Allstonhop Inc plays a significant role in preserving the living conditions of vulnerable residents and promoting sustainable neighborhood development.

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Impact




October, 2024

Allstonhop Inc has made a significant impact on the Allston-Brighton community by focusing on neighborhood development that actively involves residents, particularly elderly and low-income populations. By successfully developing 12 affordable housing units, the organization has contributed to stabilizing the community and preventing the displacement of vulnerable residents. The sale of these homes to first-time buyers not only supports individual families in achieving homeownership but also strengthens the overall community fabric.

In addition to its housing initiatives, Allstonhop continues to play a crucial role in overseeing environmental conditions in the area, ensuring that the neighborhood remains a safe and healthy place for its residents. This holistic approach to development fosters a sense of community ownership and engagement, empowering residents to take an active role in shaping their environment. Overall, Allstonhop Inc's efforts have led to tangible benefits for the Allston-Brighton neighborhood, enhancing the quality of life for its residents while promoting sustainable growth and stability.




This information is meant to be a general summary of Allstonhop 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
$9,412 (2022)
Expenses
$9,412 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $9,412

Assets and Liabilities:

  • Total Assets: $0
  • Total Liabilities: $0
  • Net Assets: $0

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Organization Details

Main Address

18R SHEPARD STREET 100, BRIGHTON, MA, 02135

NTEE Category

Code: L20 - Housing

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