Broadway Street Supportive Housing Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 834656865 ✦ Lowell, MA ✦ Designated as a 501(c)(2)

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Overview

What is Broadway Street Supportive Housing Inc?

Broadway Street Supportive Housing Inc is a nonprofit organization situated in Lowell, Massachusetts. Their primary mission is to establish affordable housing options for individuals and families with lower to moderate income levels within the Lowell community. This mission is achieved through active development projects that aim to provide suitable living spaces for those in need.

Is Broadway Street Supportive Housing Inc legitimate?

Broadway Street Supportive Housing Inc is a legitimate nonprofit organization registered as a 501(c)(2) entity. Broadway Street Supportive Housing 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:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Broadway Street Supportive Housing Inc?

Broadway Street Supportive Housing Inc's mission is centered around developing affordable housing options for individuals and families with moderate to low incomes. This organization is committed to making a significant impact in this area, ensuring that housing remains accessible for those who need it most. By developing such housing, Broadway Street Supportive Housing Inc aims to contribute to a more inclusive and equitable community. The organization's primary focus is on Lowell, Massachusetts, but the impact of their work could potentially extend beyond this location. Their activities primarily revolve around the construction and management of affordable housing units, providing a much-needed solution for many families and individuals.

What is the revenue of Broadway Street Supportive Housing Inc?

Broadway Street Supportive Housing Inc's revenue in 2024 was $620,681.

Who are the executives of Broadway Street Supportive Housing Inc and what are their salaries?

There 3 volunteers at Broadway Street Supportive Housing Inc.

Here are 3 key members and their salaries:


Glenn Goldman (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Hogan (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Germaine Vigeant-Trudel (Clerk)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Broadway Street Supportive Housing Inc?

Broadway Street Supportive Housing Inc's most recent form 990 was submitted in 2024 and can be accessed here.

Mission Statement of Broadway Street Supportive Housing Inc

Broadway Street Supportive Housing Inc is dedicated to a significant mission. This mission revolves around the development of affordable housing options for individuals and families with modest incomes. By pursuing this goal, the organization aims to contribute positively to the community in Lowell, Massachusetts. The organization's primary focus is on providing housing solutions that are within the financial reach of low-income and moderate-income households, thereby addressing a pressing need in many communities.

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Impact




October, 2024

Broadway Street Supportive Housing Inc has a significant impact on the community by developing affordable housing for low and moderate-income individuals and families in Lowell, Massachusetts. By addressing the critical need for affordable housing, the organization helps stabilize the lives of residents, reducing homelessness and housing insecurity in the area.

Their efforts contribute to community improvement, fostering a sense of belonging and engagement among residents. By providing access to safe and affordable living conditions, Broadway Street Supportive Housing Inc enhances the overall quality of life for community members, promoting social equity and economic stability. This focus on affordable housing not only benefits individual families but also strengthens the fabric of the Lowell community as a whole, enabling social mobility and supporting local economic growth.




This information is meant to be a general summary of Broadway Street Supportive Housing 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.

Revenue
$620,681 (2024)
Expenses
$637,308 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $4,615
  • Program Service Revenue: $140,885
  • Gross Receipts: $620,681

Assets and Liabilities:

  • Total Assets: $3,764,643
  • Total Liabilities: $3,801,656
  • Net Assets: -$37,013

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

LOW-INCOME HOUSING

Revenue

$140,885

Organization Details

Founding Year

2019

Principal Officer

Glenn Goldman

NTEE Category

Code: S47 - Community improvement

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