Overview
What is 25 School Street Inc C/O Rogerson Communities?
25 School Street Inc C/O Rogerson Communities is a nonprofit organization situated in Boston, Massachusetts, specifically at 1 Florence Street, with a postal code of 02131. Their primary mission is to develop, construct, own, and operate a residential housing project, as outlined in Section 202 of the Housing Act of 1959. This project provides affordable living spaces for individuals with low and moderate incomes, currently situated in Jamaica Plain, Massachusetts. The organization has a total of 46 units available for rent.
Official website here: www.rogerson.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Star Rating)
25 School Street Inc C/O Rogerson Communities has earned a Three-Star rating from Charity Navigator, reflecting an overall score of 81%. This rating is based entirely on the Accountability & Finance category, indicating a strong emphasis on financial integrity and responsible governance.
The organization demonstrates impressive financial management, with a program expense ratio of 91.65%, showing that a significant majority of its funds are allocated directly to its programs. Additionally, it boasts a fully independent board of directors and has established comprehensive policies on conflict of interest, whistleblower protections, and document retention, which further underscores its commitment to accountability.
Despite its strengths, the rating is solely derived from the Accountability & Finance beacon, which means there may be less insight into other areas such as program effectiveness or community impact. While the financial health is commendable, prospective donors and stakeholders may want to consider this limitation when evaluating the organization's overall performance.
This AI summary has been generated from information found on Charity Navigator.
Is 25 School Street Inc C/O Rogerson Communities legitimate?
25 School Street Inc C/O Rogerson Communities is a legitimate nonprofit organization registered as a 501(c)(3) entity. 25 School Street Inc C/O Rogerson Communities 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: $90,715
For more financial information, click here
Official website here: www.rogerson.org
What is the mission statement of 25 School Street Inc C/O Rogerson Communities?
25 School Street Inc C/O Rogerson Communities is dedicated to engaging in the development, construction, ownership, and operation of a residential housing project under Section 202 of the Housing Act of 1959. Their mission is centered around providing housing for individuals of low and moderate income. They have previously operated a community of 46 rental units in Jamaica Plain, Massachusetts. This organization strives to contribute to the housing needs of a specific income bracket by overseeing the entire process of a residential project, from its inception to its operation.
Official website here: www.rogerson.org
Who is the CEO of 25 School Street Inc C/O Rogerson Communities?
Victoria Williams is the Clerk of 25 School Street Inc C/O Rogerson Communities.
Official website here: www.rogerson.org
What is the revenue of 25 School Street Inc C/O Rogerson Communities?
25 School Street Inc C/O Rogerson Communities's revenue in 2022 was $479,552.
Official website here: www.rogerson.org
Who are the executives of 25 School Street Inc C/O Rogerson Communities and what are their salaries?
Here are 8 key members and their salaries:
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Official website here: www.rogerson.org
Where can I find the form 990 for 25 School Street Inc C/O Rogerson Communities?
25 School Street Inc C/O Rogerson Communities's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.rogerson.org
Learn more at the official website: www.rogerson.org
Mission Statement of 25 School Street Inc C/O Rogerson Communities
25 School Street Inc C/O Rogerson Communities, as a nonprofit organization, is committed to engaging in the development, construction, ownership, and operation of a residential housing project under Section 202 of the Housing Act of 1959. This mission is geared towards providing affordable housing options for individuals and families of low and moderate income. The organization has successfully carried out this mission by operating a community of 46 rental units in Jamaica Plain, Massachusetts. By doing so, 25 School Street Inc C/O Rogerson Communities contributes to the housing needs of the community, providing a secure and comfortable living environment for those who require it. The organization's work in the realm of residential housing under Section 202 of the Housing Act of 1959 is a testament to its dedication to improving living conditions and fostering a sense of community.
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Impact
July, 2024
25 School Street Inc C/O Rogerson Communities has a significant impact on providing affordable housing options for low and moderate-income residents in Jamaica Plain, Massachusetts. Through the operation of a community with 46 rental units, this organization plays a vital role in addressing the housing needs of individuals and families in the area. By engaging in the development, construction, ownership, and operation of residential housing projects, 25 School Street Inc C/O Rogerson Communities contributes to creating a more inclusive and stable community for those in need of affordable housing options.
This information is meant to be a general summary of 25 School Street Inc C/O Rogerson Communities. 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.
- Investment Income: $375
- Program Service Revenue: $479,177
- Gross Receipts: $479,552
Assets and Liabilities:
- Total Assets: $6,320,041
- Total Liabilities: $8,830,181
- Net Assets: -$2,510,140
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$475,833
LAUNDRY INCOME
Revenue
$3,344
Organization Details
Founding Year
2004
Phone
(617) 469-5800Principal Officer
Victoria Williams
Main Address
1 FLORENCE STREET, BOSTON, MA, 02131
Website
www.rogerson.orgNTEE Category
Code: L22 - Housing
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