Overview
What is The Community Builders Charitable Trust?
The Community Builders Charitable Trust is a nonprofit organization that solely focuses on supporting low-income housing. It serves as an extension of The Community Builders, Inc., previously known as Greater Boston Community Development, Inc. The trust's primary mission is to contribute to the betterment of affordable housing, carrying out the same objectives as its founding organization.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 53%, One-Star out of Four Star rating.
The Community Builders Charitable Trust has earned a low score of 53%, indicating significant areas needing improvement, particularly in accountability and finance. With only 33% of board members being independent and a lack of essential policies such as conflict of interest and whistleblower protections, the organization faces challenges in demonstrating strong governance practices. While it does report a commendable program expense ratio of 99.92%, which indicates that nearly all funds are directed towards its programs, other governance aspects raise concerns.
The organization has reported no material diversion of assets and maintains a healthy liabilities to assets ratio of 5.26%. However, the absence of a listed website on its tax form, along with missing policies and documentation regarding conflict of interest and document retention, points to a lack of transparency and accountability. This situation could hinder potential donors' trust and willingness to support the organization.
Overall, while The Community Builders Charitable Trust excels in utilizing funds for its programs, it must address serious governance and transparency issues to improve its rating and donor confidence. Enhancing board independence and implementing missing policies would be crucial steps to strengthen its overall accountability.
This AI summary has been generated from information found on Charity Navigator.
Is The Community Builders Charitable Trust legitimate?
The Community Builders Charitable Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Community Builders Charitable Trust 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 The Community Builders Charitable Trust?
The Community Builders Charitable Trust is dedicated to supporting low income housing, carrying out the same objectives as The Community Builders, Inc., previously known as Greater Boston Community Development, Inc. The trust's primary focus is to contribute to the betterment of low-income housing, fulfilling its mission exclusively in this area. The Community Builders Charitable Trust serves as an instrumental entity in promoting and executing initiatives aimed at enhancing living conditions for individuals with limited financial resources.
Who is the CEO of The Community Builders Charitable Trust?
D Morgan Wilson is the Trustee of The Community Builders Charitable Trust.
What is the revenue of The Community Builders Charitable Trust?
The Community Builders Charitable Trust's revenue in 2022 was $204,457.
Who are the executives of The Community Builders Charitable Trust and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $264,067
- Other: $45,916
- Compensation: $0
- Related: $211,783
- Other: $34,285
Where can I find the form 990 for The Community Builders Charitable Trust?
The Community Builders Charitable Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of The Community Builders Charitable Trust
The Community Builders Charitable Trust is an organization dedicated to supporting low income housing. In essence, it serves as an extension of The Community Builders, Inc., formerly known as Greater Boston Community Development, Inc. The trust's primary mission is to contribute positively to the realm of affordable housing, embodying the functions and objectives of its parent organization. The Community Builders Charitable Trust operates with the aim of enhancing living conditions and providing shelter for individuals and families with limited financial resources.
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
The Community Builders Charitable Trust significantly impacts low-income housing in Boston, Massachusetts, by addressing the pressing need for affordable living options. Focused on enhancing the quality of life for residents, the Trust plays a crucial role in developing, maintaining, and advocating for sustainable housing solutions. Through its initiatives, it not only supports the physical infrastructure but also fosters community growth and stability. By operating in alignment with the goals of The Community Builders, Inc., the Trust ensures that vital resources are allocated effectively, ultimately contributing to a more equitable and thriving urban environment for low-income populations.
This information is meant to be a general summary of The Community Builders Charitable Trust. 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 2022.
- Gross Receipts: $204,457
Assets and Liabilities:
- Total Assets: $1,864,352
- Total Liabilities: $98,210
- Net Assets: $1,766,142
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
1975
Phone
(857) 221-8600Principal Officer
D Morgan Wilson
Main Address
185 DARTMOUTH STREET, BOSTON, MA, 02116
NTEE Category
Code: T70Z - Philanthropy
If you are a representative of The Community Builders Charitable Trust 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.