Gamwell Development Corporation

Organization Overview

Gamwell Development Corporation is located in Pittsfield, MA. The organization was established in 2007. According to its NTEE Classification (L20) the organization is classified as: Housing Development, Construction & Management, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Gamwell Development Corporation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2022, Gamwell Development Corporation generated $57.5k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 15.6% each year . All expenses for the organization totaled $106.8k during the year ending 06/2022. While expenses have increased by 8.9% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE LOW INCOME HOUSING FOR THE DEVELOPMENTALLY DISABLED

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE ORGANIZATION PROVIDES 6 UNITS OF HOUSING FOR THE DISABLED UNDER SECTION 811. RENTAL ASSISTANCE IS AVAILABLE FOR EACH UNIT.


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Board, Officers & Key Employees

Name (title)Compensation
Gregg Levante
Treasurer
$0
Clementina Monteleone
Clerk
$0
David Cianflone
President
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$3,500
Noncash contributions included in lines 1a–1f $3,500
Total Revenue from Contributions, Gifts, Grants & Similar$3,500
Total Program Service Revenue$54,000
Investment income $27
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $57,527

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