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Tenants Development Corporation

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

EIN: 237044492 ✦ Boston, MA ✦ Designated as a 501(c)(3)

Overview

What is Tenants Development Corporation?

Tenants Development Corporation, situated in Boston, Massachusetts, is a nonprofit organization dedicated to providing affordable housing. They manage three developments, accommodating over 100 low and moderate-income families. The organization's mission is to promote, maintain, and manage housing in the South End of Boston, Massachusetts, ensuring access for families of diverse backgrounds, including race, religion, and nationality. Employing a team of 34 individuals, Tenants Development Corporation plays a crucial role in addressing housing needs within the community.


Official website here: www.tenantsdevelopment.com

Is Tenants Development Corporation legitimate?

Tenants Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tenants 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.

Here are some key statistics you may want to consider:

Executive Compensation: $368,629
Professional Fundraising Fees: $0
Other Salaries and Wages: $431,011

For more financial information, click here


Official website here: www.tenantsdevelopment.com

What is the mission statement of Tenants Development Corporation?

The Tenants Development Corporation's mission involves promoting, maintaining, and managing housing for low and moderate-income families, irrespective of their race, religion, or nationality. Their primary activity is providing affordable housing, as evidenced by their management of three developments with over 100 units. The corporation's objective is to contribute positively to the housing needs of these income groups, aiming to provide a decent living space for all.


Official website here: www.tenantsdevelopment.com

Who is the CEO of Tenants Development Corporation?

Donald Ward is the Executive Di of Tenants Development Corporation.


Official website here: www.tenantsdevelopment.com

What is the revenue of Tenants Development Corporation?

Tenants Development Corporation's revenue in 2022 was $1,616,876.


Official website here: www.tenantsdevelopment.com

Who are the executives of Tenants Development Corporation and what are their salaries?

The average compensation at Tenants Development Corporation during 2022 was $23,519. There are 34 employees at Tenants Development Corporation.

Here are 16 key members and their salaries:

    Donald Ward (Executive Di)
  • Compensation: $223,429
  • Related: $0
  • Other: $8,956

    • Anita Huggins (Asset Manage)
  • Compensation: $135,852
  • Related: $0
  • Other: $841

    • Jeanetta Williams (Treasurer/ S) [Trustee/Director]
  • Compensation: $127,368
  • Related: $0
  • Other: $8,877

    • Mary Clinkscales (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Elyria Creecy (Vice Preside) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Davis (Assistant Tr) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Louise Douglas (Clerk) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Keith Gordon (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jacqueline Hill (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lee Holloway (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ollie Mathis (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Florence Potter (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sylvia Ray (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gloria Reyes (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Linda Roberts (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Doreen Wiggins (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.tenantsdevelopment.com

    Where can I find the form 990 for Tenants Development Corporation?

    The Tenants Development Corporation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.tenantsdevelopment.com

    Learn more at the official website: www.tenantsdevelopment.com

    Mission Statement of Tenants Development Corporation

    Tenants Development Corporation is a nonprofit organization committed to providing housing solutions for low and moderate-income families. Their mission is geared towards promoting, maintaining, and managing affordable housing units in various communities. This mission is aimed at families of diverse backgrounds, including those of different races, religions, and nationalities. The corporation manages several developments, including three that offer housing to over 100 low and moderate-income families. By providing affordable housing, Tenants Development Corporation contributes significantly to ensuring that a wide range of families can reside in a secure and comfortable environment.

    Impact

    This information is meant to be a general summary of Tenants Development Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Tenants Development Corporation has significantly impacted the residents of Boston, MA by providing affordable housing to low and moderate-income families. Through managing three developments with over 100 units, they have played a crucial role in addressing the housing needs of the community. Their mission to promote, maintain, and manage housing in the South End of Boston underscores their commitment to serving families of diverse backgrounds. The organization's focus on housing reflects their dedication to improving the living conditions and opportunities for those in need in the city.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

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

  • Investment Income: $487
  • Program Service Revenue: $1,556,653
  • Gross Receipts: $1,616,876

    • Assets and Liabilities:
  • Total Assets: $30,448,614
  • Total Liabilities: $1,800,603
  • Net Assets: $28,648,011
  • Programs

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

    MANAGEMENT FEE

    Revenue

    $1,150,001

    CONTRACT INCOME

    Revenue

    $251,398

    RENTAL INCOME

    Revenue

    $155,254

    Organization Details

    Founding Year

    1969

    Principal Officer

    Donald Ward

    Main Address

    ONE APPLETON STREET SUITE 301, BOSTON, MA, 02116

    NTEE Category

    Code: L20Z - Housing

    If you are a representative of Tenants 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.