Overview

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Est.

2002

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

ISLAND HOUSING TRUST CORPORATION is a public housing nonprofit focused on owning and leasing land to develop, build, and maintain affordable housing. In filing year 2024, it reported an operating budget of $4.7M and total revenue of $10.1M, with major support from Combined Jewish Philanthropies Of Greater Boston Inc, Boston Foundation, Inc, and United Way Of Massachusetts Bay Inc.

Mission Statement

TO OWN AND LEASE LAND FOR THE PURPOSE OF DEVELOPING, BUILDING AND MAINTAINING AFFORDABLE HOUSING.
Revenues
$10.1M
Expenses
$5.1M
Net Income:
+$4.9M
Assets
$46.6M
Liabilities
$16M
Net Assets:
+$30.6M
Operating Budget
$4.7M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
24
Median grant size
$24.5K
Largest grant received
$1M
P
Philippe Jordi
Board Member
E
Ellen Biskis
Board Member
N
Norman Werthwein
Board Member
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  • 44 funders
  • 53 board & team members
  • 12 historic 990s & financials
  • 6-year operating budget trend
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Frequently Asked Questions

What is ISLAND HOUSING TRUST CORPORATION’s budget?
In 2024, ISLAND HOUSING TRUST CORPORATION reported an annual operating budget of around $4.7 million. More detailed financial information is available to registered users.
What causes does ISLAND HOUSING TRUST CORPORATION support?
ISLAND HOUSING TRUST CORPORATION supports work in Public housing.
Where does ISLAND HOUSING TRUST CORPORATION operate?
ISLAND HOUSING TRUST CORPORATION is headquartered in West Tisbury, MA.
Who funded ISLAND HOUSING TRUST CORPORATION recently?
In 2025, ISLAND HOUSING TRUST CORPORATION received grants from Boston Foundation, Inc, Boston Foundation, Inc, and Boston Foundation, Inc. More information on this organization’s funders is available to registered users.
What is the largest grant ISLAND HOUSING TRUST CORPORATION received in 2024?
The largest grant to ISLAND HOUSING TRUST CORPORATION in 2024 exceeds $1 million.
What is ISLAND HOUSING TRUST CORPORATION’s reliance on government grants?
ISLAND HOUSING TRUST CORPORATION relied on government grants for more than 30% of their total revenue in 2024.