Commonwealth Neighborhoods Inc

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

EIN: 844041030 ✦ Temple, TX ✦ Designated as a 501(c)(3)

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Overview

What is Commonwealth Neighborhoods Inc?

Commonwealth Neighborhoods Inc is a nonprofit organization based in Temple, Texas. Their primary mission is to provide affordable housing options for low-income and moderate-income individuals across the state of Texas and the United States as a whole. This is achieved through various means, including designing and implementing educational and self-improvement services, administering services to residents, collaborating with various entities to make affordable housing available, and obtaining tax-exempt status from the Internal Revenue Service. Additionally, the organization works on the development, maintenance, and sale of these housing units, functioning as a community housing development organization.


Official website here: www.n-d-c.org

Is Commonwealth Neighborhoods Inc legitimate?

Commonwealth Neighborhoods Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Commonwealth Neighborhoods 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


Official website here: www.n-d-c.org

What is the mission statement of Commonwealth Neighborhoods Inc?

Commonwealth Neighborhoods Inc is dedicated to providing decent, clean, and safe housing that is affordable to low-income and moderate-income individuals across the United States. The organization implementates educational and self-improvement services for these residents, as well as administers various services to support their needs. They collaborate with various entities to make affordable housing available, and have obtained a tax-exempt status from the Internal Revenue Service. Their primary mission, in essence, is the development and redevelopment of affordable housing for families in need.


Official website here: www.n-d-c.org

Who is the CEO of Commonwealth Neighborhoods Inc?

Cynthia Boston is the President of Commonwealth Neighborhoods Inc.


Official website here: www.n-d-c.org

What is the revenue of Commonwealth Neighborhoods Inc?

Commonwealth Neighborhoods Inc's revenue in 2022 was $6,527.


Official website here: www.n-d-c.org

Who are the executives of Commonwealth Neighborhoods Inc and what are their salaries?


Here are 6 key members and their salaries:


Cynthia D Boston (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
David P Cole (Secretary/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Linda C Good (Low-Income Representative)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patricia Rainwater (Low-Income Representative)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tuana Blevins (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jacque H Woodring (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.n-d-c.org

Where can I find the form 990 for Commonwealth Neighborhoods Inc?

Commonwealth Neighborhoods Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.n-d-c.org

Learn more at the official website: www.n-d-c.org

Mission Statement of Commonwealth Neighborhoods Inc

Commonwealth Neighborhoods Inc, a nonprofit organization, is dedicated to providing decent, clean, and safe housing that is affordable for low-income and moderate-income individuals across the United States. The organization's mission extends beyond just housing, as it also designs and implements educational and self-improvement services suitable for residents of affordable communities. These services are intended for affiliated corporations and third-party owners of affordable housing.

In addition to housing and educational services, Commonwealth Neighborhoods Inc actively works with various entities in the United States to make affordable housing available. They hold, convey, develop, mortgage, lease, and sell such housing. To maintain its tax-exempt status, the organization seeks and maintains a determination by the Internal Revenue Service (IRS) under Section 501(c)(3) of the Internal Revenue Code. Furthermore, Commonwealth Neighborhoods Inc operates as a community housing development organization.

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Impact




August, 2024

Commonwealth Neighborhoods Inc's impact can be seen in the provision of decent, clean, and safe housing that is affordable to low-income and moderate-income individuals in Texas and across the United States. Additionally, they design and implement educational and self-improvement services tailored for residents of affordable communities, aiming to enhance their quality of life. By working with various stakeholders and utilizing tax-exempt status, Commonwealth Neighborhoods Inc plays a vital role in creating access to affordable housing and ensuring the well-being of those in need.




This information is meant to be a general summary of Commonwealth Neighborhoods 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
$6,527 (2022)
Expenses
$21,972 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $6,527
  • Gross Receipts: $6,527

Assets and Liabilities:

  • Total Assets: $5,154
  • Total Liabilities: $3,094
  • Net Assets: $2,060

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Programs

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

RESIDENT SERVICE EXPEN

Revenue

$6,527

Organization Details

Founding Year

2019

Principal Officer

Cynthia Boston

Main Address

1610 S 31ST ST STE 200, TEMPLE, TX, 76504

NTEE Category

Code: L50 - Housing

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