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Taunton Revitalization Inc

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

EIN: 460701291 ✦ Taunton, MA ✦ Designated as a 501(c)(3)

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Overview

What is Taunton Revitalization Inc?

Taunton Revitalization Inc is a dedicated nonprofit organization situated in Taunton, Massachusetts. Their primary focus lies in promoting affordable housing and revitalizing neighborhoods. To achieve this goal, they have made a loan to Trinity Taunton Four Limited Partnership. This nonprofit's mission encompasses providing opportunities for affordable homeownership and enhancing the overall quality of life in the community they serve.

Is Taunton Revitalization Inc legitimate?

Taunton Revitalization Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Taunton Revitalization 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 Taunton Revitalization Inc?

Taunton Revitalization Inc's mission is centered around promoting affordable homeownership and neighborhood revitalization. The organization primarily focuses on these two areas, and as evidence of their commitment, they have made a loan to Trinity Taunton Four Limited Partnership. Their activities are geared towards improving the affordability of housing and revitalizing neighborhoods, aiming to enhance the living conditions of the community.

Who is the CEO of Taunton Revitalization Inc?

Alan Pelletier is the Chairperson of Taunton Revitalization Inc.

What is the revenue of Taunton Revitalization Inc?

Taunton Revitalization Inc's revenue in 2022 was $253,366.

Who are the executives of Taunton Revitalization Inc and what are their salaries?

There 4 volunteers at Taunton Revitalization Inc.


Here are 4 key members and their salaries:


Alan Pelletier (Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patrick J Sullivan (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Arthur Lopes (Clerk)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph T Baptista Jr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Taunton Revitalization Inc?

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

Mission Statement of Taunton Revitalization Inc

Taunton Revitalization Inc, as its name suggests, is primarily focused on promoting affordable homeownership and neighborhood revitalization. This mission is evident in its actions, including making a loan to the Trinity Taunton Four Limited Partnership. By supporting affordable housing and neighborhood improvement, the organization aims to contribute positively to the community, potentially providing stable living situations for various individuals and families. The organization's mission is to enhance the livability and affordability of residential areas, thereby fostering a sense of community and improving overall living conditions.

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Impact




October, 2024

Taunton Revitalization Inc significantly enhances the community by focusing on affordable homeownership and neighborhood revitalization. By providing essential financial support, such as loans to partnerships like Trinity Taunton Four Limited Partnership, the organization helps facilitate housing opportunities that might otherwise be inaccessible to many residents. This commitment not only fosters individual homeownership but also contributes to the overall improvement of neighborhoods, creating a more vibrant and stable environment for families. The impact is seen through increased property values, enhanced community pride, and a stronger sense of belonging among residents.




This information is meant to be a general summary of Taunton Revitalization 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
$253,366 (2022)
Expenses
$1,309 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $253,366
  • Gross Receipts: $253,366

Assets and Liabilities:

  • Total Assets: $3,904,946
  • Total Liabilities: $0
  • Net Assets: $3,904,946

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Programs

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

DEVELOPMENT FEES

Revenue

$149,070

PROGRAM-RELATED INTERE

Revenue

$104,296

Organization Details

Founding Year

2012

Principal Officer

Alan Pelletier

Main Address

30 OLNEY STREET B, TAUNTON, MA, 02780

NTEE Category

Code: L21 - Housing

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