NonprofitsChelmsford Housing Opportunities For Intergenerational Community

Human Services

Chelmsford Housing Opportunities For Intergenerational Community

CHELMSFORD, MA

Total revenue

$6.7M

Total expenses

$3.7M

Net assets

$10.9M

Grants received

$3.3M

1 grants

EIN

450489480

Tax year

2023

Mission

The organization's most significant activities are providing programs to residents of the chelmsford housing authority to enhance their quality of life.

Programs

2 programs

The organization's development program acquires land and constructs affordable housing for low-income and elderly individuals and families.

Expenses: $131K

Rental operations - the organization is the sole member of a domestic llc that operates a 37 unit low-income housing facility in chelmsford, ma. Additionally, the residences at 4 james street consist of 5 units of affordable housing for homeless families. The great elms project consists of 9 units of affordable housing for families. The brianna lyn estates consists of 16 units of affordable housing for families. The project was acquired from a third party buyer in july 2019.

Expenses: $3.0MGrants: $604

Financials

FY 2023

Revenue

Contributions & grants$4.6M
Program service revenue$2.1M
Investment income
Other revenue
Total revenue$6.7M

Expenses

Grants paid$604
Salaries & benefits
Fundraising
Other expenses$3.7M
Total expenses$3.7M
Total assets$34.2M
Net assets$10.9M

People

6 listed

NameRoleCompensation

DENISE MARCAURELLE

PRESIDENT

Board

1 hrs/wk

JUDITH O'CONNOR

TREASURER

Board

1 hrs/wk

WENDY MAURIELLO

CLERK

Board

1 hrs/wk

GEORGIANA MUELLER

DIRECTOR

Board

1 hrs/wk

MICHAEL MURRAY

DIRECTOR

Board

1 hrs/wk

CORNELIA DONAHUE COMTOIS

EXECUTIVE DIRECTOR

Board

1 hrs/wk

Independent contractors

CHELMSFORD HOUSING AUTHORITY

MGT SVCS

$1.6M

SERVPRO CHELMSFORDWESTFORD

RESTORATION SERVICES

$152K

Grants received

Showing 1 of 1

FromAmountPurposeYear
$3.3M
TRANSFER OF ALL NET ASSETS FOR PURPOSES OF RENTAL ASSISTANCE DEMONSTRATION PROGRAM
2022

Funded by

$3.3M from 1 funder · 1 grant · 2022

Chelmsford Housing Elder

$3.3M · 1 grant · 2022

Details

EIN450489480
NTEE codeP20
Subsection03
Ruling date2003-08
Formed2002
Employees0
Volunteers7
CHELMSFORD HOUSING OPPORTUNITIES FOR INTERGENERATIONAL COMMUNITY — Mission, Financials & Grants Received | Grantivo