Overview
What is Acre Triangle Community Development Corporation?
Acre Triangle Community Development Corporation is a nonprofit organization dedicated to managing properties designed for low and moderate-income residents. Their mission extends beyond residential properties, as they also oversee affordable housing and commercial buildings predominantly utilized by minority-owned businesses. By managing these properties, they contribute to the provision of suitable living and working spaces for a section of the community.
Is Acre Triangle Community Development Corporation legitimate?
Acre Triangle Community Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Acre Triangle Community Development 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $31,426
For more financial information, click here
What is the mission statement of Acre Triangle Community Development Corporation?
Acre Triangle Community Development Corporation's mission is centered around managing properties that serve as homes for individuals with moderate to low income. Beyond residential properties, they also oversee affordable housing and commercial buildings primarily utilized by businesses within minority communities. Their primary objective is to ensure these resources are well-maintained and accessible, contributing to the overall well-being of the communities they serve.
Who is the CEO of Acre Triangle Community Development Corporation?
Richard Chavez is the Treasurer of Acre Triangle Community Development Corporation.
What is the revenue of Acre Triangle Community Development Corporation?
Acre Triangle Community Development Corporation's revenue in 2022 was $304,548.
Who are the executives of Acre Triangle Community Development Corporation and what are their salaries?
Here are 23 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $76,765
- Other: $11,715
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $76,892
- Other: $4,034
- Compensation: $0
- Related: $67,319
- Other: $3,327
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $70,232
- Other: $18,378
- Compensation: $0
- Related: $118,434
- Other: $13,267
Where can I find the form 990 for Acre Triangle Community Development Corporation?
Acre Triangle Community Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Acre Triangle Community Development Corporation
Acre Triangle Community Development Corporation, as a mission-driven organization, is dedicated to managing properties that provide housing for individuals with low and moderate incomes. Beyond residential properties, this nonprofit also manages commercial buildings primarily utilized by minority-owned businesses. By overseeing these properties, Acre Triangle Community Development Corporation contributes to ensuring affordable living and business opportunities for underserved communities.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Acre Triangle Community Development Corporation significantly enhances the quality of life for low and moderate-income residents in Lowell, MA, by expertly managing properties that provide affordable housing options. Their commitment to fostering community well-being is evident through the management of residential spaces that support families and individuals in need.
In addition to residential properties, Acre Triangle also oversees commercial buildings which primarily serve minority businesses, thereby promoting economic empowerment and diversity within the local economy. This dual focus on housing and commercial development helps to create a vibrant community where residents can live, work, and thrive together.
By prioritizing affordable living arrangements and supporting minority entrepreneurship, Acre Triangle fosters inclusivity and strengthens the social fabric of Lowell, contributing to sustainable community growth and stability.
This information is meant to be a general summary of Acre Triangle Community Development 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.
- Investment Income: $97
- Program Service Revenue: $273,336
- Gross Receipts: $304,548
Assets and Liabilities:
- Total Assets: $2,094,323
- Total Liabilities: $306,831
- Net Assets: $1,787,492
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$273,336
Organization Details
Founding Year
1983
Phone
(978) 452-7523Principal Officer
Richard Chavez
Main Address
517 MOODY STREET, LOWELL, MA, 01854
NTEE Category
Code: L200 - Housing
If you are a representative of Acre Triangle Community Development Corporation 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.