Overview

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Est.

1996

Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

Commonwealth Housing Inc, operating under the Allston Brighton CDC, is a nonprofit organization focused on housing development with a mission to provide affordable housing by owning land and leasing it to CommGlen LLC through a ground lease. For the fiscal year 2024, the organization has an operating budget of $3.6K and total revenue of $50K. There is no publicly available website, and it is unclear if the organization relies on a single funder for 50% or more of its revenue.

Mission Statement

TO PROVIDE AFFORDABLE HOUSING, THE ENTITY OWNS LAND AND LEASES IT TO COMMGLEN LLC THROUGH A GROUND LEASE.
Revenues
$50K
Expenses
$3.6K
Net Income:
+$46.4K
Assets
$1.8M
Liabilities
$50.8K
Net Assets:
+$1.8M
Operating Budget
$3.6K
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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B
Brighton Lew
Board Member
M
Maria Echavarria
Board Member
M
Michael Helsmoortel
Board Member

Frequently Asked Questions

What is COMMONWEALTH HOUSING INC C/O ALLSTON BRIGHTON CDC’s budget?
In 2024, COMMONWEALTH HOUSING INC C/O ALLSTON BRIGHTON CDC reported an annual operating budget of around $3,568. More detailed financial information is available to registered users.
What causes does COMMONWEALTH HOUSING INC C/O ALLSTON BRIGHTON CDC support?
COMMONWEALTH HOUSING INC C/O ALLSTON BRIGHTON CDC supports work in Housing development.
Where does COMMONWEALTH HOUSING INC C/O ALLSTON BRIGHTON CDC operate?
COMMONWEALTH HOUSING INC C/O ALLSTON BRIGHTON CDC is headquartered in Brighton, MA.