Overview
What is Gerrish Tnd Inc?
Gerrish Tnd Inc, based in Chelsea, Massachusetts, is a nonprofit organization that plays a significant role in the local community. Primarily, it manages and leases a 23,000-square-foot commercial building, serving as a strategic tool for neighborhood rehabilitation and revitalization within designated program neighborhoods. Beyond this, the organization provides administrative space to neighborhood developers and maintains leases with the Chelsea School Department for housing of their maintenance staff. Additionally, Gerrish Tnd Inc has collaborations with retail operations like Family Dollar, contributing to the influx of foot traffic from the local neighborhoods.
Is Gerrish Tnd Inc legitimate?
Gerrish Tnd Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Gerrish Tnd 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.
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What is the mission statement of Gerrish Tnd Inc?
Gerrish Tnd Inc's mission is centered around maintaining and leasing a commercial building, spanning 23,000 square feet, as a strategic tool to encourage neighborhood rehabilitation and revitalization within designated program neighborhoods. By providing program, housing administration, maintenance functions, and administrative space to neighborhood developers, the organization contributes to the improvement of the local community. Additionally, the company enters into leasing agreements with entities like the Chelsea School Department, housing their maintenance staff, and the Family Dollar Store, a low-cost retail operation that attracts significant foot traffic from local neighborhoods.
Who is the CEO of Gerrish Tnd Inc?
Alice Murillo is the President of Gerrish Tnd Inc.
What is the revenue of Gerrish Tnd Inc?
Gerrish Tnd Inc's revenue in 2021 was $314,230.
Who are the executives of Gerrish Tnd Inc and what are their salaries?
Here are 14 key members and their salaries:
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Where can I find the form 990 for Gerrish Tnd Inc?
Gerrish Tnd Inc's most recent form 990 was submitted in 2021 and can be accessed here.
Mission Statement of Gerrish Tnd Inc
Gerrish Tnd Inc, as an organization, is dedicated to encouraging neighborhood rehabilitation and revitalization. This is achieved through the maintenance and leasing of a 23,000 square feet commercial building. The strategic location of this building in a designated program neighborhood serves as a catalyst for revitalization. Besides managing the property, Gerrish Tnd Inc also offers administrative space to neighborhood developers, housing for the maintenance staff of the Chelsea School Department, and leases to businesses like the Family Dollar Store, which attracts a significant foot traffic from local neighborhoods. This multi-faceted approach to property management contributes to the overall development and rejuvenation of the neighborhood.
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Impact
October, 2024
Gerrish Tnd Inc plays a vital role in the economic and social revitalization of Chelsea, Massachusetts, by managing a significant 23,000 square feet of commercial space. The organization's activities not only enhance the local business environment but also contribute to community well-being through strategic leasing agreements. By providing essential program, housing administration, and maintenance functions, Gerrish Tnd Inc supports local neighborhood developers while also facilitating vital services through leases with the Chelsea School Department and the Family Dollar Store, which attracts substantial foot traffic from surrounding neighborhoods.
This multifaceted approach helps to encourage neighborhood rehabilitation and revitalization, fostering a sense of community and accessibility. The presence of affordable retail operations and space for local services enhances the quality of life for residents, making essential goods and services readily available. Overall, Gerrish Tnd Inc's impact is deeply rooted in strengthening the local economy, supporting community development, and promoting sustainable urban growth within Chelsea.
This information is meant to be a general summary of Gerrish Tnd 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 2021.
- Investment Income: $240
- Program Service Revenue: $313,990
- Gross Receipts: $314,230
Assets and Liabilities:
- Total Assets: $2,827,715
- Total Liabilities: $2,707,919
- Net Assets: $119,796
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$313,990
Organization Details
Founding Year
2015
Phone
(617) 889-1375Principal Officer
Alice Murillo
Main Address
4 GERRISH AVENUE, CHELSEA, MA, 02150
NTEE Category
Code: L20 - Housing
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