Overview

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Est.

1990

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

METRO WEST COLLABORATIVE DEVELOPMENT INC is a Metro West–based nonprofit focused on housing rehabilitation and community development, working to organize residents, mobilize resources, and create and preserve affordable homes while supporting economic development and regional partnerships. In filing year 2024, it reported an operating budget of $5.7M and total revenue of $5.4M, with major support from WATERTOWN COMMUNITY FOUNDATION INC, COMMUNITY FOUNDATION FOR METROWEST, INC., and United Way Of Massachusetts Bay Inc.

Mission Statement

TO ORGANIZE RESIDENTS, MOBILIZE RESOURCES, AND IDENTIFY IDEAS THAT IMPROVE THE QUALITY OF LIFE FOR RESIDENTS OF METRO WEST COMMUNITIES. WE ACCOMPLISH THIS BY:1) CREATING AND PRESERVING AFFORDABLE HOMES2) SUPPORTING ECONOMIC DEVELOPMENT THAT STRENGTHENS NEIGHBORHOODS, TOWNS AND OUR REGION3) BUILDING ALLIANCES WITH PARTNERS AND CONSTITUENCIES THROUGHOUT THE REGION IN ORDER TO INCREASE AWARENESS AND BUILD SUPPORT FOR COMMUNITY DEVELOPMENT
Revenues
$5.4M
Expenses
$5.7M
Net Income:
-$210.2K
Assets
$26.2M
Liabilities
$25M
Net Assets:
+$1.2M
Operating Budget
$5.7M
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
6
Median grant size
$12.5K
Largest grant received
$50K
C
Caitlin Madden
Board Member
D
Dorena Wong-Deleon
Board Member
T
Thelma Titus
Board Member
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  • 11 funders
  • 39 board & team members
  • 12 historic 990s & financials
  • 6-year operating budget trend
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Frequently Asked Questions

What is METRO WEST COLLABORATIVE DEVELOPMENT INC’s budget?
In 2024, METRO WEST COLLABORATIVE DEVELOPMENT INC reported an annual operating budget of around $5.7 million. More detailed financial information is available to registered users.
What causes does METRO WEST COLLABORATIVE DEVELOPMENT INC support?
METRO WEST COLLABORATIVE DEVELOPMENT INC supports work in Housing rehabilitation.
Where does METRO WEST COLLABORATIVE DEVELOPMENT INC operate?
METRO WEST COLLABORATIVE DEVELOPMENT INC is headquartered in NEWTON, MA.
Who funded METRO WEST COLLABORATIVE DEVELOPMENT INC recently?
In 2024, METRO WEST COLLABORATIVE DEVELOPMENT INC received grants from COMMUNITY FOUNDATION FOR METROWEST, INC., COMMUNITY FOUNDATION FOR METROWEST, INC., and WATERTOWN COMMUNITY FOUNDATION INC . More information on this organization’s funders is available to registered users.
What is the largest grant METRO WEST COLLABORATIVE DEVELOPMENT INC received in 2024?
The largest grant to METRO WEST COLLABORATIVE DEVELOPMENT INC in 2024 exceeds $50 thousand.
What is METRO WEST COLLABORATIVE DEVELOPMENT INC’s reliance on government grants?
METRO WEST COLLABORATIVE DEVELOPMENT INC relied on government grants for more than 20% of their total revenue in 2024.