NonprofitsMerrimack Valley Housing Partnership Inc

Housing & Shelter

Merrimack Valley Housing Partnership Inc

LOWELL, MA

Total revenue

$1.4M

Total expenses

$1.3M

Net assets

$1.9M

Grants received

$413K

36 grants

EIN

042950316

Tax year

2024

Mission

To promote responsible and sustainable home ownership opportunities for low and moderate income earners by producing comprehensive training and counseling, as well as promoting the use of special mortgage products and down payment assistance programs.

Programs

1 program

For training series graduates, mvhp provides 1:1 home buyer counseling for no additional cost. This includes credit building, savings plans, building the team (agent, lender, inspector), and guidance on eligibility for programs such as down payment assistance and section 8 to homeownership.

Financials

FY 2024

Revenue

Contributions & grants$947K
Program service revenue$363K
Investment income$44K
Other revenue
Total revenue$1.4M

Expenses

Grants paid$440K
Salaries & benefits$529K
Fundraising$72K
Other expenses$305K
Total expenses$1.3M
Total assets$3.1M
Net assets$1.9M

People

17 listed

NameRoleCompensation

CATHY MERCADO

EXECUTIVE DI

Board

$120K

40 hrs/wk

PAULETTE RENAULT-CARAGIANES

PRESIDENT

Board

2 hrs/wk

MERCY ANAMPIU

VICE PRESIDE

Board

1 hrs/wk

BETHANY WATSON

CLERK

Board

1 hrs/wk

FRANCEY SLATER

TREASURER

Board

2 hrs/wk

MAYTE RAMOS

DIRECTOR

Board

1 hrs/wk

MICHAEL BREDA

DIRECTOR

Board

1 hrs/wk

CARL W HOWELL

DIRECTOR

Board

1 hrs/wk

ANN NGETH

DIRECTOR

Board

1 hrs/wk

MARISOL NOBREGA

DIRECTOR

Board

1 hrs/wk

DIANE SILVA

DIRECTOR

Board

1 hrs/wk

KRISTINA VANGOS

DIRECTOR

Board

1 hrs/wk

GERMAINE VIGEANT-TRUDEL

DIRECTOR

Board

1 hrs/wk

JOSEPH LUSSIER

DIRECTOR

Board

1 hrs/wk

TIANA LAURENCE

DIRECTOR

Board

1 hrs/wk

CHRISTINE MARTELLO

DIRECTOR

Board

1 hrs/wk

MARIA MCDUFFIE CLARK

DIRECTOR

Board

1 hrs/wk

Grants received

Showing 36 of 36

FromAmountPurposeYear
$38K
EXPANDING AFFORDABLE
2024
$10K
GENERAL SUPPORT
2024
$20K
EXPANDING ACCESS TO AFFORDABLE HOMEOWNERSHIP
2023
$10K
Housing and Transportation
2023
$5K
Operations budget assistance
2023
$4K
PROMOTE RESPONSIBLE& SUSTAINABLE HOMEOWNERSHIP
2023
$3K
HEALTH & WELFARE
2023
$3K
EXEMPT PURPOSE
2023
$3K
EXPANDING ACCESS TO AFFORDABLE HOMEOWNERSHIP IN THE MERRIMACK VALLEY
2023
$20K
EXPANDING ACCESS TO MERRIMACK VALLEY HOMEOWNERSHIP
2022
$10K
GENERAL SUPPORT
2022
$6K
Operations budget assistance
2022
$3K
PROJECT GENESIS - HOME BUYER TRAINING PROGRAM
2022
$15K
PROJECT GENESIS - FIRST TIME HOMEBUYER TRAINING PROGRAM
2021
$6K
For grant recipient's exempt purposes
2021
$6K
For grant recipient's exempt purposes
2021
$28K
EXEMPT PURPOSE
2020
$10K
FIRST TIME HOME BUYER TRAINING PROGRAM
2020
$5K
FIRST TIME HOME BUYER TRAINING PROGRAM
2019
$18K
GENERAL OPERATIONS/DONOR ADVISED DISTRIBUTION
2018

Funded by

$413K from 18 funders · 36 grants · 2018–2024

Greater Lowell Community Foundation

$193K · 7 grants · 2018–2024

Td Charitable Foundation

$70K · 5 grants · 2019–2023

Eastern Bank Foundation

$30K · 2 grants · 2020–2023

The Blackbaud Giving Fund

$20K · 2 grants · 2022–2024

Fieldstone Foundation Inc

$11K · 2 grants · 2022–2023

Details

EIN042950316
NTEE codeL20Z
Subsection03
Ruling date1988-01
Formed1986
Employees8
Volunteers102
MERRIMACK VALLEY HOUSING PARTNERSHIP INC — Mission, Financials & Grants Received | Grantivo