THE SOMERVILLE COMMUNITY CORPORATION INC
AI Summary
The Somerville Community Corporation Inc (EIN: 23-7293380) is a nonprofit organization dedicated to community improvement in Somerville, focusing on maintaining diversity and preserving affordability through housing initiatives, policy advocacy, and financial education for residents. With an operating budget of $5.7 million and total revenue of $5.8 million for the 2024 filing year, the organization does not rely on a single funder for 50% or more of its revenue. More information can be found on their website at www.somervillecdc.org.
Mission Statement
SOMERVILLE COMMUNITY CORPORATION (SCC) IS DEDICATED TO MAINTAINING DIVERSITY AND PRESERVING AFFORDABILITY IN SOMERVILLE BY BUILDING AND PRESERVING HOUSING, ORGANIZING FOR NECESSARY POLICIES AND FUNDING, AND GIVING RESIDENTS THE FINANCIAL SKILLS THEY NEED TO SURVIVE.
Cause Areas
1
Community improvement
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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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Frequently Asked Questions
What is THE SOMERVILLE COMMUNITY CORPORATION INC’s budget?
In 2024, THE SOMERVILLE COMMUNITY CORPORATION INC reported an annual operating budget of around $5.7 million. More detailed financial information is available to registered users.
What causes does THE SOMERVILLE COMMUNITY CORPORATION INC support?
THE SOMERVILLE COMMUNITY CORPORATION INC supports work in Community improvement.
Where does THE SOMERVILLE COMMUNITY CORPORATION INC operate?
THE SOMERVILLE COMMUNITY CORPORATION INC is headquartered in Somerville, MA.
Who funded THE SOMERVILLE COMMUNITY CORPORATION INC recently?
In 2025, THE SOMERVILLE COMMUNITY CORPORATION INC received grants from Boston Foundation, Inc, TD CHARITABLE FOUNDATION, and METRO NORTH REGIONAL EMPLOYMENT BOARD. More information on this organization’s funders is available to registered users.
What is the largest grant THE SOMERVILLE COMMUNITY CORPORATION INC received in 2024?
The largest grant to THE SOMERVILLE COMMUNITY CORPORATION INC in 2024 exceeds $100 thousand.
What is THE SOMERVILLE COMMUNITY CORPORATION INC’s reliance on government grants?
THE SOMERVILLE COMMUNITY CORPORATION INC relied on government grants for more than 10% of their total revenue in 2024.