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Sage Housing Inc

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

EIN: 271396485 ✦ N quincy, MA ✦ Designated as a 501(c)(3)

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Overview

What is Sage Housing Inc?

Sage Housing Inc is a nonprofit organization situated in N Quincy, Massachusetts, with a specific focus on promoting and providing affordable housing throughout Massachusetts and the United States. They carry out their mission by developing, building, owning, managing, and maintaining affordable housing complexes. One of their initiatives involves overseeing a sober house for recovering addicts in Greenfield, MA. Their work is geared towards enhancing living conditions and supporting various communities by offering affordable housing options.


Official website here: www.sagehousinggroup.com

Is Sage Housing Inc legitimate?

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


Official website here: www.sagehousinggroup.com

What is the mission statement of Sage Housing Inc?

Sage Housing Inc's mission is centered around promoting, developing, building, owning, and managing affordable housing throughout Massachusetts and the United States. Their primary objective is to make affordable housing widely available. The organization is actively involved in providing resident service oversight for a sober house for recovering addicts and managing two affordable housing complexes. Their work is geared towards ensuring affordable housing options are readily available for individuals across the United States.


Official website here: www.sagehousinggroup.com

Who is the CEO of Sage Housing Inc?

Patrice Leonard is the President of Sage Housing Inc.


Official website here: www.sagehousinggroup.com

What is the revenue of Sage Housing Inc?

Sage Housing Inc's revenue in 2022 was $175,641.


Official website here: www.sagehousinggroup.com

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

There 4 volunteers at Sage Housing Inc.


Here are 7 key members and their salaries:


Richard Becker (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patrice Trish Leonard (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Olson (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Pierce (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ronald Iacobucci (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kerry Moore (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elizabeth Carpenter (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.sagehousinggroup.com

Where can I find the form 990 for Sage Housing Inc?

Sage Housing Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.sagehousinggroup.com

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

Mission Statement of Sage Housing Inc

Sage Housing Inc, as a nonprofit organization, is dedicated to promoting, developing, building, owning, managing, and maintaining affordable housing throughout Massachusetts and the United States. Their mission is centered around providing affordable housing solutions, striving to make a significant impact in various communities across the nation. By taking on this role, Sage Housing Inc aims to contribute to the housing needs of numerous individuals and families, ensuring that affordable housing remains an accessible option for all. Beyond just constructing and managing affordable housing units, Sage Housing Inc is also committed to overseeing the resident services of a sober house for recovering addicts in Greenfield, MA, and operating two affordable housing complexes. This holistic approach to affordable housing demonstrates Sage Housing Inc's dedication to supporting vulnerable populations and fostering sustainable, thriving communities.

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Impact




October, 2024

Sage Housing Inc significantly impacts communities by promoting, developing, and maintaining affordable housing throughout Massachusetts and beyond. Its efforts are aimed at addressing the critical need for accessible housing options, ensuring that individuals and families have secure living environments.

One notable initiative is the oversight of a sober house for recovering addicts in Greenfield, MA, which provides vital support for individuals seeking to rebuild their lives. Additionally, the operation of two affordable housing complexes demonstrates Sage Housing Inc’s commitment to creating sustainable living options for those in need. By focusing on affordable housing, the organization plays an essential role in enhancing the quality of life for many residents, fostering stability and community resilience across the region.




This information is meant to be a general summary of Sage 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
$175,641 (2022)
Expenses
$124,557 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $11,051
  • Program Service Revenue: $146,900
  • Gross Receipts: $175,641

Assets and Liabilities:

  • Total Assets: $1,252,799
  • Total Liabilities: $304,588
  • Net Assets: $948,211

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Programs

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

RESIDENT SERVICES OVER

Revenue

$79,700

RENTAL REVENUE

Revenue

$67,200

Organization Details

Founding Year

2009

Principal Officer

Patrice Leonard

Main Address

500 VICTORY ROAD, N QUINCY, MA, 02171

NTEE Category

Code: L22 - Housing

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