Overview
What is Lower Roxbury Community Corporation?
Lower Roxbury Community Corporation is a nonprofit organization situated in Roxbury, Massachusetts, specifically at 184 Dudley Street. Their primary objective is to enhance the lives of the residents in the Lower Roxbury area, focusing on crucial aspects such as housing, education, and recreation. Their mission extends beyond these, aiming to revitalize the community through promoting economic self-sufficiency and social well-being among low-income and moderate-income residents. The organization advocates for home ownership, business development, and education within the community.
What are the reviews and ratings of this charity?
Charity Navigator Rating 94% - Four-Star out of Four Star Rating
Lower Roxbury Community Corporation has achieved a commendable Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and financial health. The organization boasts a high Accountability & Finance Score of 94, indicating robust governance practices and transparency in its operations.
Key strengths include a fully independent board and exemplary financial management practices, as evidenced by its perfect scores in areas such as conflict of interest policies and whistleblower protection. The charity demonstrates a low liabilities-to-assets ratio of 36.45% and an impressive program expense ratio of 96.48%, suggesting that the majority of its funds are directed toward its mission-driven activities.
While the organization excels in financial accountability, the summary does not highlight any specific limitations or areas for improvement. Overall, Lower Roxbury Community Corporation stands out as a well-managed nonprofit dedicated to serving its community effectively.
This AI summary has been generated from information found on Charity Navigator.
Is Lower Roxbury Community Corporation legitimate?
Lower Roxbury Community Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lower Roxbury Community 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: $0
For more financial information, click here
What is the mission statement of Lower Roxbury Community Corporation?
The Lower Roxbury Community Corporation's mission is primarily focused on enhancing the living conditions of residents in the Lower Roxbury area. This encompasses various aspects such as housing, education, and recreation. Their overarching goal is to stimulate the social, physical, economic, and cultural revitalization of the community. To achieve this, they promote economic self-sufficiency and improve the social well-being among low-income and moderate-income residents. Furthermore, they advocate for home ownership, business development, and education within the community, working towards its overall revitalization.
Who is the CEO of Lower Roxbury Community Corporation?
Leslie Reid is the Principal Officer of Lower Roxbury Community Corporation. The CEO's salary of Lower Roxbury Community Corporation is $0 and their total compensation is $253,281.
What is the revenue of Lower Roxbury Community Corporation?
Lower Roxbury Community Corporation's revenue in 2022 was $3,282,607.
Who are the executives of Lower Roxbury Community Corporation and what are their salaries?
There 68 volunteers at Lower Roxbury Community Corporation.
Here are 13 key members and their salaries (Lower Roxbury Community Corporation's CEO's salary is $0 and their total compensation is $253,281):
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- Related: $69,032
- Other: $1,318
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- Related: $140,230
- Other: $20,915
- Compensation: $0
- Related: $222,999
- Other: $30,282
Where can I find the form 990 for Lower Roxbury Community Corporation?
Lower Roxbury Community Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Lower Roxbury Community Corporation
Lower Roxbury Community Corporation, a nonprofit entity, is dedicated to advancing the interests of its community, located in Lower Roxbury. Its primary focus areas include housing, education, and recreation, with an aim to revitalize the community as a whole. The organization's overall mission is to foster the social, physical, economic, and cultural renaissance of Lower Roxbury. To achieve this, it promotes the economic self-sufficiency and social well-being of low-income and moderate-income residents. Additionally, Lower Roxbury Community Corporation advocates for home ownership, business development, or education within the community. In essence, the nonprofit works tirelessly to improve the living conditions and opportunities for its residents, ultimately striving for the betterment of Lower Roxbury as a whole.
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Impact
October, 2024
Lower Roxbury Community Corporation plays a pivotal role in revitalizing and enhancing the quality of life for residents in Lower Roxbury. By focusing on critical areas such as housing, education, and recreation, the organization fosters economic self-sufficiency and promotes social well-being among low- and moderate-income families. Its advocacy efforts support home ownership and business development, which contribute to a more vibrant and sustainable community.
Through its initiatives, Lower Roxbury Community Corporation actively engages residents, empowering them to take part in the transformation of their neighborhood. This engagement not only strengthens community ties but also encourages a shared sense of responsibility for local development. By addressing the unique needs of the community, it drives a cultural and economic renaissance, ultimately improving living conditions and ensuring that the voices of residents are heard in the broader narrative of urban development.
This information is meant to be a general summary of Lower Roxbury Community 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: $1,057,939
- Program Service Revenue: $1,481,524
- Gross Receipts: $3,282,607
Assets and Liabilities:
- Total Assets: $47,032,842
- Total Liabilities: $17,144,381
- Net Assets: $29,888,461
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$1,481,524
Organization Details
Founding Year
1967
Phone
(617) 541-3900Principal Officer
Leslie Reid
Main Address
184 DUDLEY STREET, ROXBURY, MA, 02119
NTEE Category
Code: S200 - Community improvement
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