Overview
What is Home City Development Inc?
Home City Development Inc, based in Springfield, Massachusetts, is a nonprofit organization dedicated to providing and maintaining affordable housing for families and individuals of lower income. Their mission encompasses three main objectives: restoring or replacing substandard housing, facilitating neighborhood growth and health in collaboration with partners, and working with residents to foster healthy and stable futures. By offering decent, affordable, and well-managed housing, Home City Development Inc aims to contribute to long-term family and community stability. With a team of five dedicated individuals, the organization is committed to making a positive impact in the Western Massachusetts area.
Official website here: www.homecitydevelopment.org
Is Home City Development Inc legitimate?
Home City Development Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Home City Development 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.
Here are some key statistics you may want to consider:
Executive Compensation: $147,248
Professional Fundraising Fees: $0
Other Salaries and Wages: $281,631
For more financial information, click here
What is the mission statement of Home City Development Inc?
Home City Development Inc's mission is centered around two main objectives. Firstly, it aims to restore or replace substandard housing, providing a supply of decent, affordable, and well-managed housing for individuals and families. Secondly, the organization facilitates neighborhood growth and health by collaborating with partners, working towards long-term family and community stability. Lastly, Home City Development Inc engages with residents, leveraging their strengths, to foster healthy and stable futures.
Official website here: www.homecitydevelopment.org
Who is the CEO of Home City Development Inc?
Thomas Kegelman is the Director of Home City Development Inc.
Official website here: www.homecitydevelopment.org
What is the revenue of Home City Development Inc?
Home City Development Inc's revenue in 2022 was $3,023,264.
Official website here: www.homecitydevelopment.org
Who are the executives of Home City Development Inc and what are their salaries?
The average compensation at Home City Development Inc during 2022 was $85,776. There are 5 employees at Home City Development Inc.
Here are 14 key members and their salaries:
- Thomas Kegelman (Executive Director/ Clerk)
- Peter Seafino (Director Of Real Estate De)
- Dr Andrew Balder (Director)
- V Van Johnson Esq (President) [Trustee/Director]
- Thomas Mccolgan (Director)
- Loleta Collins (Vice President) [Trustee/Director]
- Christopher Sugrue (Director)
- Kyle Callender (Director)
- David Maynard (Director)
- Karen Rucks (Director)
- Malissa Naylor (Treasurer) [Trustee/Director]
- Vanessa Otero (Director)
- Beverly Bates (Director)
- Bertrand Daniel (Director)
Official website here: www.homecitydevelopment.org
Where can I find the form 990 for Home City Development Inc?
The Home City Development Inc’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.homecitydevelopment.org
Learn more at the official website: www.homecitydevelopment.org
Mission Statement of Home City Development Inc
Home City Development Inc is committed to restoring or replacing substandard housing, providing a supply of decent, affordable, and well-managed housing for individuals and families. This organization's mission extends beyond just housing, as it also aims to facilitate neighborhood growth and health in collaboration with partners, ultimately leading to long-term family and community stability. Home City Development Inc believes in working closely with residents, building on their strengths, to help them achieve healthy and stable futures. In essence, their mission is to revitalize living conditions, foster community development, and empower residents towards a brighter future.
Impact
This information is meant to be a general summary of Home City Development Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Saturday, July 20, 2024
Home City Development Inc's impact is significant in the Springfield, MA area where it operates. The organization plays a crucial role in providing and maintaining housing for families and individuals of lower income. Through their efforts to restore or replace substandard housing with decent, affordable, and well-managed units, Home City Development Inc contributes to improving the living conditions and overall quality of life for many in the community. Additionally, their work to facilitate neighborhood growth and health, in collaboration with partners, leads to long-term stability for families and the community as a whole. By working directly with residents and building on their strengths, Home City Development Inc is actively contributing to creating healthier and more stable futures for those they serve.
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.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
DEVELOPER FEE REVENUE
Revenue
$1,034,985
MANAGEMENT FEE REVENUE
Revenue
$382,528
RENTAL INCOME
Revenue
$225,636
Organization Details
Founding Year
1968
Phone
(413) 785-5312
Principal Officer
Thomas Kegelman
Main Address
261 OAK GROVE AVENUE, SPRINGFIELD, MA, 01109
Website
www.homecitydevelopment.org
NTEE Category
Code: L20Z - Housing
If you are a representative of Home City Development Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.