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Quincy Housing Authority Development Corporation

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

EIN: 471929828 ✦ Quincy, MA ✦ Designated as a 501(c)(3)

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Overview

What is Quincy Housing Authority Development Corporation?

The Quincy Housing Authority Development Corporation is a nonprofit organization situated in Quincy, Massachusetts. Their primary focus is on supporting low-income housing programs. They accomplish this through various activities, including housing development, construction, and management. Their mission is to ensure the success of these programs within the Quincy community, aiming to make a positive impact on the lives of individuals in need.


Official website here: www.quincycares.net

Is Quincy Housing Authority Development Corporation legitimate?

Quincy Housing Authority Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Quincy Housing Authority Development Corporation submitted a form 990EZ, 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: $280,973

For more financial information, click here


Official website here: www.quincycares.net

What is the mission statement of Quincy Housing Authority Development Corporation?

The Quincy Housing Authority Development Corporation's mission is centered around supporting low-income housing programs. They accomplish this through their housing development, construction, and management initiatives. The organization's primary goal is to provide aid for these programs, striving to make a positive impact in the housing sector.


Official website here: www.quincycares.net

What is the revenue of Quincy Housing Authority Development Corporation?

Quincy Housing Authority Development Corporation's revenue in 2024 was $3,446,213.


Official website here: www.quincycares.net

Who are the executives of Quincy Housing Authority Development Corporation and what are their salaries?

Here are 12 key members and their salaries:


James Marathas (Vice President And Director)
  • Compensation: $0
  • Related: $215,180
  • Other: $107,904
Grace Mcauliffe (Finance Director)
  • Compensation: $0
  • Related: $159,581
  • Other: $80,024
Thomas Gorman (Plumber)
  • Compensation: $0
  • Related: $141,799
  • Other: $71,107
Clinton Gentile (Plumber)
  • Compensation: $0
  • Related: $138,759
  • Other: $69,582
Martin Emerson (Plasterer)
  • Compensation: $0
  • Related: $126,052
  • Other: $63,210
Michael Flaherty (President And Director)
  • Compensation: $0
  • Related: $7,920
  • Other: $606
Timothy Baker (Treasurer And Director)
  • Compensation: $0
  • Related: $7,920
  • Other: $606
Brian Clifford (Clerk And Director)
  • Compensation: $0
  • Related: $7,920
  • Other: $606
Josephine Shea (Director)
  • Compensation: $0
  • Related: $7,920
  • Other: $606
John Decarli (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sherry Zou (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Fabrizio (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.quincycares.net

Where can I find the form 990 for Quincy Housing Authority Development Corporation?

Quincy Housing Authority Development Corporation's most recent form 990 was submitted in 2024 and can be accessed here.


Official website here: www.quincycares.net

Learn more at the official website: www.quincycares.net

Mission Statement of Quincy Housing Authority Development Corporation

Quincy Housing Authority Development Corporation, as a nonprofit organization, is dedicated to supporting low-income housing programs. Its mission is to provide assistance through housing development, construction, and management initiatives. The corporation's primary goal is to ensure these programs are available and thriving within its community. By doing so, it aims to contribute to the well-being and housing security of individuals in need, ultimately striving to make a positive impact.

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Impact




October, 2024

Quincy Housing Authority Development Corporation plays a crucial role in addressing the housing needs of low-income residents in Quincy, MA. Its impact is realized through a variety of essential activities focused on housing development, construction, and management. By supporting low-income housing programs, it contributes to the availability of affordable housing options, fostering a more inclusive community.

The organization's efforts not only enhance the living conditions for residents but also stabilize neighborhoods, promote economic growth, and reduce homelessness. Through its comprehensive approach, Quincy Housing Authority Development Corporation ensures that individuals and families have access to safe, quality housing, which is a fundamental aspect of community well-being and development.




This information is meant to be a general summary of Quincy Housing Authority Development Corporation. 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
$3,446,213 (2024)
Expenses
$4,179,290 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $19,210
  • Program Service Revenue: $3,427,003
  • Gross Receipts: $3,446,213

Assets and Liabilities:

  • Total Assets: $9,956
  • Total Liabilities: $0
  • Net Assets: $9,956

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Programs

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

Tenant Rent

Revenue

$3,294,909

Laundry

Revenue

$132,094

Organization Details

Principal Officer

James Marathas

NTEE Category

Code: T50 - Philanthropy

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