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Alliance Asset Management Inc C/O Catch

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

EIN: 462767095 ✦ Concord, NH ✦ Designated as a 501(c)(3)

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Overview

What is Alliance Asset Management Inc C/O Catch?

Alliance Asset Management Inc C/O Catch is a nonprofit organization situated in Concord, New Hampshire. Their primary focus is supporting affordable housing projects for lower and moderate-income individuals and families within the state. They provide real estate management services to various tax-exempt entities, with a significant focus on Concord Area Trust for Community Housing, a related organization. The organization's mission is to establish and maintain affordable housing for these income groups, achieving this by managing real estate holdings not only for the former entity but also for other nonprofit, tax-exempt, or charitable organizations. With a workforce of around 30 employees, Alliance Asset Management Inc C/O Catch plays a crucial role in addressing housing affordability issues in New Hampshire.


Official website here: www.catchhousing.org

Is Alliance Asset Management Inc C/O Catch legitimate?

Alliance Asset Management Inc C/O Catch is a legitimate nonprofit organization registered as a 501(c)(3) entity. Alliance Asset Management Inc C/O Catch 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: $1,232,002

For more financial information, click here


Official website here: www.catchhousing.org

What is the mission statement of Alliance Asset Management Inc C/O Catch?

Alliance Asset Management Inc C/O Catch's mission is focused on providing affordable housing solutions for lower and moderate-income individuals and families. They achieve this by managing real estate holdings for a related tax-exempt entity and other nonprofit, tax-exempt, or charitable organizations. The organization's primary goal is to establish and maintain affordable housing opportunities. In addition to their work with the Concord Area Trust for Community Housing, a related organization, they offer real estate management services to various tax-exempt entities.


Official website here: www.catchhousing.org

Who is the CEO of Alliance Asset Management Inc C/O Catch?

Thomas Furtado is the Chair of Alliance Asset Management Inc C/O Catch. The CEO's salary of Alliance Asset Management Inc C/O Catch is $0 and their total compensation is $158,467.


Official website here: www.catchhousing.org

What is the revenue of Alliance Asset Management Inc C/O Catch?

Alliance Asset Management Inc C/O Catch's revenue in 2023 was $1,644,393.


Official website here: www.catchhousing.org

Who are the executives of Alliance Asset Management Inc C/O Catch and what are their salaries?

The average compensation at Alliance Asset Management Inc C/O Catch during 2023 was $41,067. There are 30 employees and 2 volunteers at Alliance Asset Management Inc C/O Catch.


Here are 17 key members and their salaries (Alliance Asset Management Inc C/O Catch's CEO's salary is $0 and their total compensation is $158,467):


James M Gallagher Iii (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Oresta Mosca (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Byron Champlin (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scoop Welch (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Donna Bailey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Safiya Wazir (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nancy Egner (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Aki Mathieu (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Feingold (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Beth Walz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Timothy Wade (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Suzzanne Pegg (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kenneth Koornneef (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gregory Lessard (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Beth Slepian (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Greg Chakmakas (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Furtado (President And Ceo)
  • Compensation: $0
  • Related: $158,467
  • Other: $0


Official website here: www.catchhousing.org

Where can I find the form 990 for Alliance Asset Management Inc C/O Catch?

Alliance Asset Management Inc C/O Catch's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.catchhousing.org

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

Mission Statement of Alliance Asset Management Inc C/O Catch

Alliance Asset Management Inc C/O Catch is dedicated to establishing and maintaining affordable housing options for individuals and families with lower to moderate incomes. They accomplish this mission by managing real estate holdings on behalf of a related tax-exempt entity, as well as other nonprofit, tax-exempt, or charitable organizations. By providing these services, Alliance Asset Management Inc C/O Catch helps ensure that affordable housing remains accessible to those who need it most.

The organization's primary focus is on supporting affordable housing projects in New Hampshire. In addition to managing real estate for Concord Area Trust for Community Housing, a related tax-exempt entity, Alliance Asset Management Inc C/O Catch extends its services to other nonprofit organizations with similar objectives. By doing so, the organization plays a vital role in ensuring that individuals and families with limited resources have access to safe and affordable housing options.

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Impact




October, 2024

Alliance Asset Management Inc C/O Catch plays a crucial role in addressing the need for affordable housing in New Hampshire, particularly for lower and moderate-income individuals and families. By managing real estate holdings for itself as well as related tax-exempt entities, it contributes significantly to the availability of affordable living options in the community.

The organization supports a range of affordable housing projects, focusing on sustainable solutions that ensure residents have access to safe and affordable homes. In cooperation with entities such as the Concord Area Trust for Community Housing, Alliance Asset Management Inc facilitates the development and maintenance of housing units that empower families and individuals, reinforcing the social fabric of the community.

Through its dedicated real estate management services, the organization not only enhances affordable housing but also fosters community stability, ultimately improving the quality of life for many residents in the Concord area. Its commitment to this mission reflects a broader strategy to combat housing insecurity and promote equitable access to housing resources.




This information is meant to be a general summary of Alliance Asset Management Inc C/O Catch. 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
$1,644,393 (2023)
Expenses
$1,610,302 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Program Service Revenue: $1,644,393
  • Gross Receipts: $1,644,393

Assets and Liabilities:

  • Total Assets: $246,832
  • Total Liabilities: $525,395
  • Net Assets: -$278,563

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Programs

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

MANAGEMENT DIRECT COST

Revenue

$1,045,683

MANAGEMENT FEES

Revenue

$459,966

RESIDENT SERVICES INCO

Revenue

$119,732

MISCELLANEOUS

Revenue

$19,012

Organization Details

Founding Year

2013

Principal Officer

Thomas Furtado

Main Address

105 LOUDON RD UNIT 1, CONCORD, NH, 033015601

NTEE Category

Code: L20 - Housing

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