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Urban Edge Housing Corporation

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

EIN: 222483475 ✦ Roxbury, MA ✦ Designated as a 501(c)(3)

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Overview

What is Urban Edge Housing Corporation?

Urban Edge Housing Corporation is a Massachusetts-based nonprofit organization with a mission to strengthen communities and families by constructing affordable housing and fostering thriving neighborhoods in Roxbury, Dorchester, Jamaica Plain, and Mattapan, Boston. The corporation, employing 36 individuals, focuses on building subsidized rental properties and improving living conditions for residents in these neighborhoods. Their work is dedicated to enhancing community cohesion and ensuring families in these areas have access to affordable housing options.


Official website here: www.urbanedge.org

What are the reviews and ratings of this charity?

Rating from Charity Navigator: 96% (Four-Star out of Four Star rating)

Urban Edge Housing Corporation has received a commendable Four-Star rating from Charity Navigator, reflecting its high standards in accountability and finance, with a score of 96%. The organization demonstrates strong governance with a fully independent board and excellent financial oversight, ensuring transparency and responsible management of resources.

In terms of organizational impact, Urban Edge excels in its culture and community engagement, scoring 94%. The organization effectively collects and utilizes constituent feedback, showcasing its commitment to community needs and responsiveness. Its equity strategies also rank favorably, indicating a focus on inclusivity and equitable practices.

While the organization stands out in many areas, it is essential to note that its Leadership & Adaptability score is also perfect at 100%. This highlights Urban Edge's strategic planning and ability to navigate challenges effectively. Overall, Urban Edge Housing Corporation exemplifies strong performance and dedication to its mission, making it a reliable choice for potential donors and supporters.


This AI summary has been generated from information found on Charity Navigator.

Is Urban Edge Housing Corporation legitimate?

Urban Edge Housing Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Urban Edge Housing Corporation 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: $461,090
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,658,901

For more financial information, click here


Official website here: www.urbanedge.org

What is the mission statement of Urban Edge Housing Corporation?

Urban Edge Housing Corporation is committed to enhancing communities and families by constructing affordable housing and fostering thriving, prosperous neighborhoods. Through their efforts, they strive to bring people together and improve the quality of life for all. Urban Edge's mission extends beyond just housing, as they work diligently to create vibrant, sustainable communities where families can flourish.


Official website here: www.urbanedge.org

Who is the CEO of Urban Edge Housing Corporation?

Salvatore Bosco is the Chief Executive Officer of Urban Edge Housing Corporation. The CEO's salary of Urban Edge Housing Corporation is $238,840 and their total compensation is $257,983.


Official website here: www.urbanedge.org

What is the revenue of Urban Edge Housing Corporation?

Urban Edge Housing Corporation's revenue in 2022 was $13,624,386.


Official website here: www.urbanedge.org

Who are the executives of Urban Edge Housing Corporation and what are their salaries?

The average compensation at Urban Edge Housing Corporation during 2022 was $86,666. There are 36 employees and 39 volunteers at Urban Edge Housing Corporation.


Here are 31 key members and their salaries (Urban Edge Housing Corporation's CEO's salary is $238,840 and their total compensation is $257,983):


Emilio Dorcely (Chief Executive Officer)
  • Compensation: $238,840
  • Related: $0
  • Other: $19,143
Salvatore J Bosco (Chief Financial Officer/Asst. Clerk)
  • Compensation: $195,652
  • Related: $0
  • Other: $7,455
Keven Spillane Jr (Asset Manager)
  • Compensation: $152,285
  • Related: $0
  • Other: $28,731
Emily Loomis (Director Of Real Estate)
  • Compensation: $153,388
  • Related: $0
  • Other: $22,364
Richard Ward (Deputy Director)
  • Compensation: $146,984
  • Related: $0
  • Other: $4,890
Elena David (Director Of Human Resources)
  • Compensation: $130,098
  • Related: $0
  • Other: $12,885
Robert Credle (Director Of Community Programs)
  • Compensation: $133,628
  • Related: $0
  • Other: $5,803
Bruce Ehrlich (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jacquinn Sinclair (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sebastian Zapata (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrew Sobers (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Johanna Smith (Assistant Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Benjamin Forman (Clerk)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wanda Atkins (Assistant Clerk)
  • Compensation: $0
  • Related: $0
  • Other: $0
Natacha Dunker (Executive Committee Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jacqueline M Cummings-Furtado (Executive Committee Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Teresa Rodriguez (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Beryl Harris (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anne Mckinnon (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eddie Jenkins (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Diane Stafford (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Genie Curry (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nathan Zielonka (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alison Haight (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Darlene Atkins (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Donovan Montrose (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeanette Callahan (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Arealus Pough (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mirella Cruz (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Armani White (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vivian Mba Okoro (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.urbanedge.org

Where can I find the form 990 for Urban Edge Housing Corporation?

Urban Edge Housing Corporation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.urbanedge.org

Learn more at the official website: www.urbanedge.org

Mission Statement of Urban Edge Housing Corporation

Urban Edge Housing Corporation, a dedicated organization, is committed to strengthening communities and families together. Through their mission, they construct affordable housing and foster vibrant, prosperous neighborhoods. The corporation's primary focus is to build sustainable living environments that cater to the needs of families.

Urban Edge Housing Corporation takes pride in developing rental properties that offer subsidized housing options. Their efforts have extended to the Roxbury, Dorchester, Jamaica Plain, and Mattapan neighborhoods of Boston, Massachusetts. By providing affordable housing, the organization contributes significantly to the well-being of families and communities, promoting economic stability and social cohesion.

Moreover, Urban Edge Housing Corporation strives to create neighborhoods that thrive. Their dedication to community development goes beyond the construction of housing units. They work towards the betterment of entire neighborhoods, fostering a sense of belonging and collaboration among residents. By investing in affordable housing, Urban Edge Housing Corporation lays the foundation for strong, resilient communities, where families can put down roots and grow.

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Impact




October, 2024

Urban Edge Housing Corporation significantly impacts communities in Boston by providing affordable housing and fostering vibrant neighborhoods. By constructing subsidized rental properties in areas such as Roxbury, Dorchester, Jamaica Plain, and Mattapan, Urban Edge addresses the critical need for accessible housing, ensuring that families can live in safe, supportive environments. Their commitment not only makes housing attainable but also strengthens community ties, contributing to the overall prosperity and resilience of these neighborhoods. Through their efforts, Urban Edge enhances the quality of life for residents and promotes lasting community improvement.




This information is meant to be a general summary of Urban Edge Housing 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.

Revenue
$13,624,386 (2022)
Expenses
$8,154,329 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $423,200
  • Program Service Revenue: $9,046,943
  • Gross Receipts: $20,779,959

Assets and Liabilities:

  • Total Assets: $59,543,867
  • Total Liabilities: $14,231,047
  • Net Assets: $45,312,820

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Programs

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

RENTAL INCOME

Revenue

$3,772,747

PROJECT AND DEVELOPER MANAGEMENT

Revenue

$3,672,639

PROGRAM SERVICE FEES

Revenue

$853,339

INTEREST INCOME

Revenue

$397,707

REAL ESTATE FEE INCOME

Revenue

$350,511

Organization Details

Founding Year

1983

Principal Officer

Salvatore Bosco

Main Address

1542 COLUMBUS AVENUE, ROXBURY, MA, 02119

NTEE Category

Code: S200 - Community improvement

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