Overview

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Est.

1992

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

2LIFE COMMUNITIES SERVICES INC is a nonprofit organization focused on retirement housing, dedicated to building and operating affordable housing for low-income seniors while providing services that enhance their independence and dignity. With an operating budget of $7.4 million in 2024, the organization relies on significant support from funders such as Combined Jewish Philanthropies Of Greater Boston Inc and GREATER WASHINGTON COMMUNITY FOUNDATION, among others, to fulfill its mission across its six HUD-subsidized senior developments. The organization does not rely on a single funder for 50% or more of its revenue.

Mission Statement

2LIFE BUILDS & OPERATES HOUSING FOR LOW INCOME SENIORS & OFFERS SERVICES TO ENHANCE INDEPENDENCE AND DIGNITY. INSPIRED BY JEWISH VALUES, 2LIFE COMMUNITIES ARE NONSECTARIAN.2LIFE SERVICES, INC. ("SERVICES") PROVIDES RESIDENT SERVICES FOR 2LIFE'S SIX HUD SUBSIDIZED SENIOR DEVELOPMENTS OWNED AND MANAGED BY RELATED ENTITIES, THAT ENABLE 2LIFE'S RESIDENTS TO AGE WELL AND OBTAIN THE SUPPORT NEEDED TO REMAIN IN THEIR 2LIFE HOMES. IN ADDITION, THE ORGANIZATION DEVELOPS THE REFINANCING AND RENOVATION OF 2LIFE'S OLDEST BUILDINGS, AND THE FINANCING AND CONSTRUCTION OF NEW PUBLICLY ASSISTED AFFORDABLE HOUSING. THE ORGANIZATION OVERSEES PROPERTY OPERATIONS, INCLUDING ACTIVITIES DESIGNED TO INSURE COMPLIANCE WITH ALL PERTINENT GOVERNMENT REGULATIONS, AND PROVIDES MANAGEMENT SUPPORT IN AREAS OF ACCOUNTING AND INFORMATION TECHNOLOGY.
Revenues
$7.2M
Expenses
$7.4M
Net Income:
-$220.2K
Assets
$14M
Liabilities
$5M
Net Assets:
+$9M
Operating Budget
$7.4M
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
4
Median grant size
$76.9K
Largest grant received
$365K
N
Norman Posner
Board Member
D
Donna Kalikow
Board Member
B
Bill Shaevel
Board Member

Frequently Asked Questions

What is 2LIFE COMMUNITIES SERVICES INC’s budget?
In 2024, 2LIFE COMMUNITIES SERVICES INC reported an annual operating budget of around $7.4 million. More detailed financial information is available to registered users.
What causes does 2LIFE COMMUNITIES SERVICES INC support?
2LIFE COMMUNITIES SERVICES INC supports work in Retirement housing.
Where does 2LIFE COMMUNITIES SERVICES INC operate?
2LIFE COMMUNITIES SERVICES INC is headquartered in Brighton, MA.
Who funded 2LIFE COMMUNITIES SERVICES INC recently?
In 2024, 2LIFE COMMUNITIES SERVICES INC received grants from Combined Jewish Philanthropies Of Greater Boston Inc, Combined Jewish Philanthropies Of Greater Boston Inc, and The William & Lia G. Poorvu Family Foundation. More information on this organization’s funders is available to registered users.
What is the largest grant 2LIFE COMMUNITIES SERVICES INC received in 2024?
The largest grant to 2LIFE COMMUNITIES SERVICES INC in 2024 exceeds $365 thousand.