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For Our Communities - Focus Inc

Focus

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

EIN: 274573326 ✦ Wellesley, MA ✦ Designated as a 501(c)(3)

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Overview

What is For Our Communities - Focus Inc?

For Our Communities - Focus Inc is a Massachusetts-based nonprofit organization, dedicated to promoting affordable housing. Located at 114 Temple Street, Somerville, MA, the nonprofit maintains a building that offers housing to young adults who have aged out of foster care. With 15 bedrooms, shared kitchen, dining room, living room, and program space, the nonprofit provides a supportive living environment. Beyond housing, Focus Inc engages in various activities, such as forming joint ventures with developers to facilitate affordable housing, supporting residents through services, offering educational assistance, and funding training opportunities for professionals in the field of affordable housing. The organization's mission is to improve the well-being of those residing in affordable housing, aiming to foster success for these individuals.


Official website here: www.housingfocus.org

Is For Our Communities - Focus Inc legitimate?

For Our Communities - Focus Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. For Our Communities - Focus 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.housingfocus.org

What is the mission statement of For Our Communities - Focus Inc?

For Our Communities - Focus Inc, as a non-profit organization, is dedicated to facilitating and promoting the development and operation of affordable housing. The primary goal is to support the residents of such housing and preserve deteriorating buildings and neighborhoods. Additionally, the organization provides educational assistance to young adults through hosting, aiming to give them a broader understanding of the world and its inhabitants. Furthermore, Focus Inc funds training and continuing education opportunities for professionals in the field of affordable housing. In essence, its mission is to enhance the well-being of residents in affordable housing through various initiatives.


Official website here: www.housingfocus.org

Who is the CEO of For Our Communities - Focus Inc?

Jesse Hergert is the President/Director of For Our Communities - Focus Inc.


Official website here: www.housingfocus.org

What is the revenue of For Our Communities - Focus Inc?

For Our Communities - Focus Inc's revenue in 2022 was $265,730.


Official website here: www.housingfocus.org

Who are the executives of For Our Communities - Focus Inc and what are their salaries?


Here are 7 key members and their salaries:


Susan S Stockard (President/Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jesse Hergert (Treasurer/Clerk/Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gary Bailey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brenda Torpy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chaurice Lewis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rich Piltch (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Diana Kelly (Executive Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.housingfocus.org

Where can I find the form 990 for For Our Communities - Focus Inc?

For Our Communities - Focus Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.housingfocus.org

Learn more at the official website: www.housingfocus.org

Mission Statement of For Our Communities - Focus Inc

For Our Communities - Focus Inc, as a Massachusetts-based non-profit corporation, operates with a charitable purpose. Its mission is centered around facilitating and promoting the development and operation of affordable housing, as well as supporting the residents of such housing. The organization also works towards preserving deteriorating buildings and neighborhoods.

In addition to its housing initiatives, For Our Communities - Focus Inc provides services and activities to support the residents of affordable housing. One of their significant projects involves owning and maintaining a building in Somerville, MA, which houses young adults who have aged out of foster care. This facility, with its 15 bedrooms, shared kitchen, dining room, living room, and program space, serves as a home and a community for these individuals.

The organization's mission is further expanded by its involvement in joint ventures and contracts with both for-profit and non-profit developers for affordable housing projects. Furthermore, For Our Communities - Focus Inc provides educational assistance to young adults, offering them hosting opportunities to broaden their understanding of the world and its people. Additionally, the non-profit supports the professional development of individuals in the field of affordable housing by funding training and continuing education opportunities.

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Impact




October, 2024

For Our Communities - Focus Inc significantly impacts the lives of residents in affordable housing, particularly young adults who have aged out of foster care. By providing essential services and a supportive living environment, the organization fosters success and well-being.

At its facility located at 114 Temple Street in Somerville, MA, Focus Inc offers a home for 15 young individuals, featuring shared spaces like kitchens, dining rooms, and program areas that promote community engagement. The organization plays a vital role in enhancing affordable housing through partnerships with both for-profit and nonprofit developers, ensuring that residents have access to necessary living conditions.

Additionally, Focus Inc prioritizes educational development for young adults through hostel programs and funding for training opportunities, empowering them with the skills and knowledge to navigate the world effectively. Overall, their multifaceted approach not only addresses immediate housing needs but also contributes to the long-term growth and stability of those they serve, making a profound difference in their lives and the broader community.




This information is meant to be a general summary of For Our Communities - Focus 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
$265,730 (2022)
Expenses
$343,357 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $50
  • Program Service Revenue: $251,430
  • Gross Receipts: $265,730

Assets and Liabilities:

  • Total Assets: $1,854,510
  • Total Liabilities: $1,726,716
  • Net Assets: $127,794

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Programs

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

RESIDENTIAL RENTAL REV

Revenue

$195,074

CONSULTING SERVICES

Revenue

$56,356

Organization Details

Founding Year

2011

Principal Officer

Jesse Hergert

Main Address

27 MICA LANE 3RD FLOOR, WELLESLEY, MA, 02481

NTEE Category

Code: L21 - Housing

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