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Quadraplex Housing Inc

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

EIN: 222551162 ✦ Kingston, MA ✦ Designated as a 501(c)(3)

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Overview

What is Quadraplex Housing Inc?

Quadraplex Housing Inc, situated in Kingston, Massachusetts, is a dedicated nonprofit organization. Their primary mission is to provide housing solutions for families with modest incomes. By acquiring, rehabilitating, maintaining, and operating low-income housing units, they aim to contribute positively to their community. Their work is instrumental in providing a stable living environment for families who may otherwise struggle with housing affordability.

Is Quadraplex Housing Inc legitimate?

Quadraplex Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Quadraplex Housing 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.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Quadraplex Housing Inc?

Quadraplex Housing Inc's mission is centered around providing housing for families with moderate to low income levels. The organization actively acquires, rehabilitates, and maintains these housing units, ultimately owning and operating them to cater to this demographic. The primary goal is to ensure that suitable and affordable housing is available to these families, thereby contributing to their overall well-being.

Who is the CEO of Quadraplex Housing Inc?

Christine Macdonald is the Director of Quadraplex Housing Inc. The CEO's salary of Quadraplex Housing Inc is $0 and their total compensation is $0.

What is the revenue of Quadraplex Housing Inc?

Quadraplex Housing Inc's revenue in 2023 was $277,927.

Who are the executives of Quadraplex Housing Inc and what are their salaries?


Here are 22 key members and their salaries (Quadraplex Housing Inc's CEO's salary is $0 and their total compensation is $0):


Steve Borgerson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeffrey Charnel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carol Delorey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kristina Dafonseca (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Farrell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Healy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Goretti Joaquim (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas King (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Mccowan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Corley (Chief Executive Officer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christine Macdonald (Chief Financial Officer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Mcgowan (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Antoinette Pabon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Peterson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jean Riley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Greidy Terrero (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lashaunda Watson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Beverly Somerville (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Kilnapp (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patrick Neenan (Vice Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Graeber (Clerk)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daryl Mayers (Assistant Clerk)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Quadraplex Housing Inc?

Quadraplex Housing Inc's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Quadraplex Housing Inc

Quadraplex Housing Inc, a nonprofit organization, is dedicated to providing housing solutions for low and moderate income families. Their mission encompasses the acquisition, rehabilitation, ownership, maintenance, and operation of residential units that cater to this income bracket. By undertaking these activities, Quadraplex Housing Inc aims to make affordable housing a reality for families who may otherwise struggle to secure a place to call home. Through their work, they contribute significantly to ensuring that individuals and families have a stable living environment, which is essential for their overall well-being.

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Impact




October, 2024

Quadraplex Housing Inc plays a crucial role in addressing housing needs for low and moderate-income families in Kingston, MA. By acquiring, rehabilitating, and maintaining affordable housing units, the organization enhances the living conditions for those who might otherwise struggle to find adequate shelter. This commitment not only provides secure housing options but also fosters community stability and growth. Through its efforts, Quadraplex Housing Inc directly contributes to reducing homelessness and housing insecurity, thereby improving the overall quality of life for families in the area. Its focus on sustainable housing practices further ensures that these units remain viable and accessible for future generations.




This information is meant to be a general summary of Quadraplex Housing 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
$277,927 (2023)
Expenses
$298,267 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $514
  • Program Service Revenue: $181,122
  • Gross Receipts: $277,927

Assets and Liabilities:

  • Total Assets: $1,321,171
  • Total Liabilities: $1,759,832
  • Net Assets: -$438,661

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Programs

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

TENANT RENTS

Revenue

$181,122

Organization Details

Founding Year

1984

Principal Officer

Christine Macdonald

Main Address

169 SUMMER STREET, KINGSTON, MA, 02364

NTEE Category

Code: L20Z - Housing

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