Overview
What is Newburyport Affordable Housing Corporation?
The Newburyport Affordable Housing Corporation is a nonprofit organization situated in Newburyport, Massachusetts, specifically at 25 Temple Street. Their primary mission is to provide affordable housing options for individuals with modest to middle income levels, contributing to the Commonwealth of Massachusetts' housing landscape. The corporation manages two multifamily affordable housing developments in Newburyport, offering a crucial solution to the city's housing needs.
Is Newburyport Affordable Housing Corporation legitimate?
Newburyport Affordable Housing Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Newburyport Affordable Housing Corporation 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 Newburyport Affordable Housing Corporation?
The Newburyport Affordable Housing Corporation is committed to providing living accommodations for individuals with low, moderate, and middle income levels within the state of Massachusetts. Their primary activity is operationalized through the management of two multifamily affordable housing developments in Newburyport, Massachusetts. The organization's mission is centered around making quality housing accessible to a broad income spectrum, aiming to contribute positively to the community and enhance living standards for a diverse group of people.
Who is the CEO of Newburyport Affordable Housing Corporation?
Cheryl Amey is the Chair of Newburyport Affordable Housing Corporation.
What is the revenue of Newburyport Affordable Housing Corporation?
Newburyport Affordable Housing Corporation's revenue in 2022 was $130,249.
Who are the executives of Newburyport Affordable Housing Corporation and what are their salaries?
There 5 volunteers at Newburyport Affordable Housing Corporation.
Here are 5 key members and their salaries:
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Where can I find the form 990 for Newburyport Affordable Housing Corporation?
Newburyport Affordable Housing Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Newburyport Affordable Housing Corporation
Newburyport Affordable Housing Corporation, as its name suggests, is committed to providing living accommodations for individuals with low, moderate, and middle income levels within the Commonwealth of Massachusetts. This nonprofit organization's mission is to serve as a beacon of hope, offering housing solutions that are affordable and accessible to a broad spectrum of the population. By operating two multifamily affordable housing developments in Newburyport, MA, the corporation plays a crucial role in addressing the housing needs of many individuals and families who might otherwise struggle to find suitable and affordable housing options. The corporation's mission is to provide a sense of stability and security, enabling its residents to focus on other aspects of their lives, such as education, employment, and family.
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Impact
October, 2024
The Newburyport Affordable Housing Corporation plays a vital role in addressing the housing needs of low, moderate, and middle-income individuals and families in Massachusetts. By operating two multifamily affordable housing developments in Newburyport, it ensures that community members have access to safe and stable living accommodations. This initiative not only enhances the quality of life for residents but also strengthens the local economy by retaining a diverse population. By promoting affordable living options, the organization helps mitigate housing insecurity and fosters a sense of community, making Newburyport a more inclusive place to live.
This information is meant to be a general summary of Newburyport Affordable Housing 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $129,398
- Gross Receipts: $130,249
Assets and Liabilities:
- Total Assets: $2,029,474
- Total Liabilities: $2,713,315
- Net Assets: -$683,841
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RESIDENTIAL RENTAL REV
Revenue
$129,398
Organization Details
Founding Year
1998
Phone
(978) 462-5905Principal Officer
Cheryl Amey
Main Address
25 TEMPLE STREET, NEWBURYPORT, MA, 01950
NTEE Category
Code: L80 - Housing
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