METRO WEST COLLABORATIVE DEVELOPMENT INC

METRO WEST COLLABORATIVE DEVELOPMENT INC

NEWTON, MA, US
501(c)(3)
EIN
22-3073668

METRO WEST COLLABORATIVE DEVELOPMENT INC

NEWTON, MA, US
501(c)(3)
EIN
22-3073668

Overview

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Est.

1990

Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

Metro West Collaborative Development Inc is a nonprofit organization focused on housing rehabilitation, dedicated to improving the quality of life for residents in the Metro West communities. With an operating budget of $5.7 million and total revenue of $5.4 million, the organization mobilizes resources and builds alliances to create and preserve affordable homes, support economic development, and raise awareness for community development initiatives. The organization does not rely on a single funder for 50% or more of its revenue, ensuring a diverse funding base to support its mission. For more information, visit their website at www.metrowestcd.org.

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

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.
Overview
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