NonprofitsChelsea Restoration Corporation

Housing & Shelter

Chelsea Restoration Corporation

CHELSEA, MA

Total revenue

$523K

Total expenses

$324K

Net assets

$1.2M

Grants received

$105K

13 grants

EIN

042614551

Tax year

2024

Mission

Chelsea restoration corporation (the organization) was founded in 1977 as a massachusetts nonprofit organization. The organization provides community revitalization support and services for homebuyer education, pre-purchase counseling, and down payment assistance.

Financials

FY 2024

Revenue

Contributions & grants$289K
Program service revenue$90K
Investment income$144K
Other revenue
Total revenue$523K

Expenses

Grants paid
Salaries & benefits$227K
Fundraising$3K
Other expenses$97K
Total expenses$324K
Total assets$1.5M
Net assets$1.2M

People

8 listed

NameRoleCompensation

MARILYN GARCIA

EXECUTIVE DIRECTOR

Board

$101K

40 hrs/wk

KESIA ASCECIO

DIRECTOR

Board

5 hrs/wk

JULIO BERNAL

DIRECTOR

Board

5 hrs/wk

GLENDA MASCIS

CLERK

Board

5 hrs/wk

VIRGINIA TODD

DIRECTOR

Board

5 hrs/wk

CHRISTINE DEPRIZIO

PRESIDENT

Board

5 hrs/wk

LEO ROBINSON

TREASURER

Board

5 hrs/wk

LUIS TEJADA

DIRECTOR

Board

5 hrs/wk

Grants received

Showing 13 of 13

FromAmountPurposeYear
$3K
EXEMPT PURPOSE
2023
$10K
GENERAL SUPPORT
2022
$25K
EXEMPT PURPOSE
2020
$5K
UNRESTRICTED CONTRIBUTION
2020
$5K
UNRESTRICTED CONTRIBUTION
2020
$25K
Emergency Support
2019

Funded by

$105K from 9 funders · 13 grants · 2018–2023

Eastern Bank Foundation

$28K · 2 grants · 2020–2023

Boston Foundation Inc

$25K · 1 grant · 2019

East Cambridge Savings Charitable

$17K · 3 grants · 2021–2022

Foley Hoag Foundation

$10K · 2 grants · 2020

The Blackbaud Giving Fund

$10K · 1 grant · 2022

Massachusetts Bankers Association

$3K · 1 grant · 2023

Details

EIN042614551
NTEE codeL25Z
Subsection03
Ruling date1981-01
Formed1977
Employees0
Volunteers0
CHELSEA RESTORATION CORPORATION — Mission, Financials & Grants Received | Grantivo