Overview
What is Chelmsford Housing Elder Partnership Inc?
Chelmsford Housing Elder Partnership Inc is a nonprofit organization situated in Chelmsford, Massachusetts. Established to cater to the needs of low-income elderly individuals, the organization operates a 51-unit housing project under Section 202 of the National Affordable Housing Act. Regulated by the U.S. Department of Housing and Urban Development (HUD), the organization ensures compliance with rental charges and operating methods. The primary mission of Chelmsford Housing Elder Partnership Inc is to provide suitable housing for elderly and/or handicapped individuals, contributing to their welfare and well-being. As of March 1, 2023, the organization transferred the property ownership to Choice Housing Opportunities for Intergenerational and Community Endeavors, Inc. (Choice Inc.), agreeing to maintain the property as rental housing for the elderly through 2065.
Is Chelmsford Housing Elder Partnership Inc legitimate?
Chelmsford Housing Elder Partnership Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Chelmsford Housing Elder Partnership 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 Chelmsford Housing Elder Partnership Inc?
Chelmsford Housing Elder Partnership Inc's mission is centered around providing housing for low-income elderly and handicapped individuals. Their primary objective is to operate 51 units of housing, ensuring the welfare of these individuals and their families. The organization's residential facility, funded by the U.S. Department of Housing and Urban Development, offers a secure living space for elderly residents in Chelmsford, Massachusetts. Their activities, as reflected in their financial reports, focus on maintaining this housing project in accordance with HUD regulations regarding rental charges and operating methods. In a significant shift, effective March 1, 2023, the organization transferred ownership of the property to Choice Housing Opportunities for Intergenerational and Community Endeavors, Inc. (Choice Inc.), who agreed to maintain the property as rental housing for the elderly through 2065, with HUD releasing Chelmsford Housing Elder Partnership Inc. from the requirements of the capital advance.
Who is the CEO of Chelmsford Housing Elder Partnership Inc?
Cornelia Donahue Comtois is the President of Chelmsford Housing Elder Partnership Inc.
What is the revenue of Chelmsford Housing Elder Partnership Inc?
Chelmsford Housing Elder Partnership Inc's revenue in 2023 was $403,006.
Who are the executives of Chelmsford Housing Elder Partnership Inc and what are their salaries?
There 5 volunteers at Chelmsford Housing Elder Partnership Inc.
Here are 6 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $164,102
- Other: $18,198
Where can I find the form 990 for Chelmsford Housing Elder Partnership Inc?
Chelmsford Housing Elder Partnership Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Chelmsford Housing Elder Partnership Inc
Chelmsford Housing Elder Partnership Inc, a nonprofit organization, is dedicated to providing housing for low-income elderly and/or handicapped individuals. Their mission is to create a housing project that caters to this specific demographic, aiming to promote the welfare of these individuals and their families. The organization operates a residential facility, providing 51 units of housing, ensuring that eligible individuals have a secure and comfortable living space. Funding for the facility was provided by the U.S. Department of Housing and Urban Development, reflecting the government's commitment to addressing the housing needs of its elderly population. The organization's work is regulated by HUD in terms of rental charges and operating methods, ensuring that the housing provided is both affordable and efficient. In February 2023, the organization transferred ownership of the property to Choice Housing Opportunities for Intergenerational and Community Endeavors, Inc. (Choice Inc.). Under this agreement, the property remains restricted as rental housing for the elderly until January 1, 2065, continuing to serve its intended purpose and population for decades to come.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Chelmsford Housing Elder Partnership Inc has established a significant presence in Chelmsford, Massachusetts, by providing crucial housing support for low-income elderly individuals. Operating a 51-unit residential facility, the organization offers affordable living options that cater specifically to the needs of older adults. This initiative not only addresses the immediate need for safe and stable housing but also enhances the overall quality of life for residents by fostering a community environment where they can thrive.
The facility is regulated by the U.S. Department of Housing and Urban Development, ensuring that rental charges remain manageable and that the operations align with essential standards for the welfare of its residents. By offering these housing solutions, Chelmsford Housing Elder Partnership Inc plays a vital role in promoting the well-being of elderly individuals and families, allowing them to age in place with dignity and support.
Even after transferring ownership of the property to Choice Housing Opportunities for Intergenerational and Community Endeavors, Inc. in March 2023, the commitment to providing long-term affordable housing for the elderly remains intact. The new agreement with HUD ensures that the property will continue to serve as rental housing for the elderly until at least 2065, thus securing the future of this essential resource for the community.
This information is meant to be a general summary of Chelmsford Housing Elder Partnership 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $3,119
- Program Service Revenue: $169,677
- Gross Receipts: $403,006
Assets and Liabilities:
- Total Assets: $0
- Total Liabilities: $0
- Net Assets: $0
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TENANT RENTS
Revenue
$169,677
Organization Details
Founding Year
2000
Phone
(978) 256-7425Principal Officer
Cornelia Donahue Comtois
Main Address
10 WILSON STEET, CHELMSFORD, MA, 01824
NTEE Category
Code: L22 - Housing
If you are a representative of Chelmsford Housing Elder Partnership Inc 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.