Overview
What is Eaton Place 202 Inc C/O The Community Builders?
Eaton Place 202 Inc C/O The Community Builders is a nonprofit organization situated in Boston, Massachusetts, specifically at 185 Dartmouth Street, with a focus on providing affordable housing solutions. Their primary mission is to acquire, construct, and manage fifty units of low-income housing specifically designed for the elderly community in Franklin, Massachusetts. This endeavor aims to contribute to the community by providing suitable living arrangements for senior citizens who may require assistance with their housing needs.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82%, Three-Star out of Four Star Rating
Eaton Place 202 Inc C/O The Community Builders has received a Three-Star rating from Charity Navigator, reflecting a commendable score of 82%. This rating is based entirely on the organization’s Accountability & Finance, where it demonstrated strong performance indicators such as a high program expense ratio of 91.26%, indicating efficient use of funds toward its mission. The organization also has a solid structure with 75% independent board members, ensuring effective governance and oversight.
The organization has excelled in several key areas of accountability, including a perfect score for its audit and oversight processes and no reported material diversion of assets. It has effectively documented board meeting minutes, showcasing transparency in its operations. The low liabilities to assets ratio of 23.95% further emphasizes its financial stability.
While the overall score is positive, it's important to note that the rating relies solely on the Accountability & Finance beacon. Potential donors may benefit from looking into additional factors, such as program outcomes or community impact, to gain a comprehensive understanding of the organization’s effectiveness in fulfilling its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Eaton Place 202 Inc C/O The Community Builders legitimate?
Eaton Place 202 Inc C/O The Community Builders is a legitimate nonprofit organization registered as a 501(c)(3) entity. Eaton Place 202 Inc C/O The Community Builders 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 Eaton Place 202 Inc C/O The Community Builders?
Eaton Place 202 Inc C/O The Community Builders has a mission to acquire, construct, and manage fifty units of affordable housing for the elderly. Their primary goal is to provide suitable living spaces for this specific demographic, ensuring their needs are met in a supportive environment. The organization strives to contribute to the community by offering these housing units, which may include essential amenities and services. Their mission reflects a commitment to enhancing the living conditions of the elderly, promoting a sense of belonging and independence within their community.
Who is the CEO of Eaton Place 202 Inc C/O The Community Builders?
Phillip L Clay is the President of Eaton Place 202 Inc C/O The Community Builders.
What is the revenue of Eaton Place 202 Inc C/O The Community Builders?
Eaton Place 202 Inc C/O The Community Builders's revenue in 2022 was $568,608.
Who are the executives of Eaton Place 202 Inc C/O The Community Builders and what are their salaries?
Here are 5 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $169,079
- Other: $21,286
- Compensation: $0
- Related: $160,571
- Other: $14,230
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Eaton Place 202 Inc C/O The Community Builders?
Eaton Place 202 Inc C/O The Community Builders's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Eaton Place 202 Inc C/O The Community Builders
Eaton Place 202 Inc C/O The Community Builders is an organization with a mission to make a significant impact in the lives of elderly individuals. Their primary objective is to acquire, construct, and manage fifty units of affordable housing specifically designed for this demographic. This commitment to providing low-income housing for the elderly is a testament to their dedication to ensuring that older adults have access to safe and suitable living environments. By undertaking this project in Franklin, Massachusetts, Eaton Place 202 Inc C/O The Community Builders is demonstrating its commitment to addressing the housing needs of the elderly population in this community. The organization's mission is a vital contribution to ensuring that elderly individuals have the support they need to maintain their independence and quality of life.
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
July, 2024
Eaton Place 202 Inc C/O The Community Builders's impact is in providing essential low-income housing for the elderly in Franklin, Massachusetts. Their mission is to acquire, build, and operate fifty units of such housing, addressing a critical need in the community. By offering affordable housing options, they contribute to the well-being and quality of life for elderly residents who may face financial challenges. Through their efforts, Eaton Place 202 Inc C/O The Community Builders supports the stability and dignity of elderly individuals in Franklin.
This information is meant to be a general summary of Eaton Place 202 Inc C/O The Community Builders. 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: $542
- Program Service Revenue: $314,267
- Gross Receipts: $568,608
Assets and Liabilities:
- Total Assets: $6,609,285
- Total Liabilities: $1,583,388
- Net Assets: $5,025,897
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TENANT RENTAL INCOME
Revenue
$314,267
Organization Details
Founding Year
2002
Phone
(857) 221-8600Principal Officer
Phillip L Clay
Main Address
185 DARTMOUTH STREET, BOSTON, MA, 02116
NTEE Category
Code: L21 - Housing
If you are a representative of Eaton Place 202 Inc C/O The Community Builders 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.