Overview
What is Boston State Community Trust Inc?
Boston State Community Trust Inc is a nonprofit organization based in Dorchester, Massachusetts, specifically at 17 Bellevue Street, ZIP code 02125. Their mission is to support the implementation of social, economic, educational, vocational, recreational, and mental health programs that directly benefit residents of the Mattapan, Roxbury, Dorchester, Roslindale, Hyde Park, and Jamaica Plain neighborhoods. These neighborhoods are set to receive economic benefits from the redevelopment of the former Boston State Hospital site. The Trust derives contributions from this redevelopment project, which are managed prudently by an escrow agent. The Trust then grants these funds to community-based organizations that aim to improve the quality of life for these neighborhoods.
Is Boston State Community Trust Inc legitimate?
Boston State Community Trust Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Boston State Community Trust 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.
Heare are some key statistics you may want to consider:
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Other Salaries and Wages: $0
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What is the mission statement of Boston State Community Trust Inc?
The Boston State Community Trust's mission is to support the implementation of various programs aimed at improving the lives of residents in specific neighborhoods. These programs encompass social, economic, educational, vocational, recreational, and mental health aspects. The trust receives funds derived from developer contributions from the redevelopment of a former hospital site, which are managed prudently by an escrow agent. These funds are then allocated as grants to community-based organizations, with the goal of benefiting and enhancing the quality of life in the specified neighborhoods, which include Mattapan, Roxbury, Dorchester, Roslindale, Hyde Park, and Jamaica Plain.
Who is the CEO of Boston State Community Trust Inc?
Royal Bolling Jr is the Treasurer of Boston State Community Trust Inc.
What is the revenue of Boston State Community Trust Inc?
Boston State Community Trust Inc's revenue in 2022 was $83,327.
Who are the executives of Boston State Community Trust Inc and what are their salaries?
Here are 5 key members and their salaries:
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Where can I find the form 990 for Boston State Community Trust Inc?
Boston State Community Trust Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Boston State Community Trust Inc
Boston State Community Trust Inc, a community-focused organization, is committed to supporting the implementation of various programs aimed at enhancing the lives of residents in Mattapan, Roxbury, Dorchester, Roslindale, Hyde Park, and Jamaica Plain. The trust's mission is rooted in developer contributions derived from the redevelopment of the former Boston State Hospital site in Mattaphan, which are prudently managed by an escrow agent.
With these funds, the trust offers grants to community-based organizations that share its goal of improving the quality of life for the aforementioned neighborhoods. The programs supported by Boston State Community Trust Inc span across various sectors, including social, economic, educational, vocational, recreational, and mental health. The organization's initiatives aim to positively impact these areas, ultimately benefiting the residents of these neighborhoods. By investing in these community-based organizations, Boston State Community Trust Inc contributes to the overall well-being and development of the communities it serves.
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Impact
October, 2024
Boston State Community Trust Inc plays a vital role in enhancing the quality of life for residents across several neighborhoods, including Mattapan, Roxbury, Dorchester, Roslindale, Hyde Park, and Jamaica Plain. Through its mission, the Trust supports a range of programs focused on social, economic, educational, vocational, recreational, and mental health initiatives.
By leveraging developer contributions from the redevelopment of the former Boston State Hospital site, the Trust provides financial support in the form of grants to community-based organizations. These organizations are essential in delivering services that directly address the needs of the local population, fostering improvements in various aspects of community well-being.
In its recent efforts, the Trust has awarded grants to six organizations committed to serving the identified neighborhoods. These initiatives not only provide immediate support but also promote long-term development and resilience within the community, ultimately contributing to a healthier, more engaged, and empowered populace. Through its focused approach, Boston State Community Trust Inc is making a significant impact on the residents, helping to create stronger social networks and more accessible resources for those in need.
This information is meant to be a general summary of Boston State Community Trust 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 2022.
- Investment Income: $427
- Gross Receipts: $83,327
Assets and Liabilities:
- Total Assets: $533,406
- Total Liabilities: $0
- Net Assets: $533,406
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Organization Details
Founding Year
1998
Phone
(617) 438-2767Principal Officer
Royal Bolling Jr
Main Address
17 BELLEVUE STREET, DORCHESTER, MA, 02125
NTEE Category
Code: E112 - Health
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