Concord Housing Development Corp
Concord Housing Development Corp
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About this organization
Revenue
$375
Expenses
$53,919
Mission
Concord Housing Development Corporation is a non-profit organization engaged in investigating and implementing alternatives for the provision of affordable housing for persons of low, moderate and middle income and others whose needs may be identified from time to time in the town. The board of selectmen of the town of Concord may, from time to time, set policies and guidelines under which the corporation operates, but day-to-day operation of the corporation is independent of the board of selectmen and the town manager of the town
About
The corporation is pursuing the development of affordable housing in West Concord. Property formerly owned by the Commonwealth of Massachusetts was received as a donation in January 2013. Restrictions on the deed include the specification that it be used solely for affordable housing and open space.
Interesting data from their 2019 990 filing
The purpose of the non-profit is outlined in the filing as “Concord housing development corporation is a non-profit organization engaged in investigating and implementing alternatives for the provision of affordable housing for persons of low, moderate and middle income and others whose needs may be identified from time to time in the town. the board of selectmen of the town of concord may, from time to time, set policies and guidelines under which the corporation operates, but day-to-day operation of the corporation is independent of the board of selectmen and the town manager of the town”.
When discussing its operations, they were defined as: “Concord housing development corporation is a non-profit organization engaged in investigating and implementing alternatives for the provision of affordable housing for persons of low, moderate and middle income and others whose needs may be identified from time to time in the town. the board of selectmen of the town of concord may, from time to time, set policies and guidelines under which the corporation operates, but day-to-day operation of the corporation is independent of the board of selectmen and the town manager of the town”.
- The state where the non-profit operates has been legally reported as MA.
- The filing indicates that the non-profit's address in 2019 is located at 141 KEYES ROAD, CONCORD, MA, 01742.
- The non-profit has reported 0 employees on their form as of 2019.
- Is not a private foundation.
- Expenses are between $100,000 and $250,000.
- Revenue is less than $100,000.
- Revenue less expenses is $55,202.
- The organization has 9 independent voting members.
- The organization was formed in 2006.
- The organization pays $0 in salary, compensation, and benefits to its employees.
- The organization pays -$83 in fundraising expenses.
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