Community Builders Inc

Organization Overview

Community Builders Inc is located in Boston, MA. The organization was established in 1964. According to its NTEE Classification (L21) the organization is classified as: Low-Income & Subsidized Rental Housing, under the broad grouping of Housing & Shelter and related organizations. As of 12/2019, Community Builders Inc employed 690 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.

For the year ending 12/2019, Community Builders Inc generated $84.2m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 2.2% each year. All expenses for the organization totaled $84.0m during the year ending 12/2019. While expenses have increased by 0.9% per year over the past 5 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

2019

Describe the Organization's Mission:

Part 3 - Line 1

TO DEVELOP HOUSING FOR LOW INCOME FAMILIES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE PRIMARY PURPOSE OF THE CORPORATION IS TO FOSTER LOW- AND MODERATE-INCOME HOUSING ("AFFORDABLE HOUSING") BY ACQUIRING, OWNING, DEVELOPING, CONSTRUCTING, SPONSORING, MANAGING, IMPROVING (THROUGH REHABILIATION, NEW CONSTRUCTION OR OTHERWISE) AND MAKING AVAILABLE RENTAL AND HOMEOWNERSHIP HOUSING AT AN AFFORDABLE COST TO LOW- AND MODERATE-INCOME FAMILIES AND PERSONS WITHOUT DISCRIMINATION ON ANY BASIS THAT IS PROHIBITED UNDER THE CONSTITUTION OF THE UNITED STATES, AND TO STIMULATE, BY EXAMPLE OR OTHERWISE, THE RENOVATION AND IMPROVEMENT OF PROPERTIES, AND GENERALLY TO PROMOTE NEIGHBORHOOD IMPROVEMENT FOR THE BENEFIT OF PERSONS AND FAMILIES OF LOW- AND MODERATE-INCOME, AND FOR ELDERLY, DISABLED, AND OTHER DISADVANTAGED PERSONS WHO DESIRE TO LIVE AND RAISE THEIR FAMILIES IN SAFE, SANITARY AND ATTRACTIVE HOMES AND NEIGHBORHOODS, AND TO UNDERTAKE SUCH OTHER PROGRAMS RELATED THERETO AS ARE CONSISTENT WITH THE STATUS OF THE CORPORATION AS AN EXCLUSIVELY CHARITABLE ORGANIZATION, INCLUDING THE FOLLOWING ACTIVITIES AND PROGRAMS:1)TO RESEARCH, DISCOVER AND DEVELOP METHODS OF FINANCING, HOME IMPROVEMENT, REHABILITATION AND NEW CONSTRUCTION WHICH MAY BE OF ASSISTANCE TO LOW- AND MODERATE- INCOME FAMILIES AND PERSONS, INCLUDING WITHOUT LIMITATION, THE PLANNING AND EXECUTION OF DEMONSTRATION OR EXPERIMENTAL AFFORDABLE HOUSING PROJECTS; 2)TO ENGAGE IN THE DEVELOPMENT, CONSTRUCTION AND LONG-TERM MANAGEMENT OF AFFORDABLE HOUSING, MIXED-INCOME HOUSING AND COMMUNITY DEVELOPMENT PROJECTS; 3)TO HELP NEIGHBORHOOD LEADERS, RESIDENTS AND INSTITUTIONS IN OBTAINING AND UTILIZING (I)THE FINANCIAL BACKING OF INDIVIDUALS, CHARITABLE TRUSTS AND INSTITUTIONS, (II)THE ADVICE OF EXPERTS IN THE REAL ESTATE, BANKING AND CONSTRUCTION FIELDS, AND (III) SUPPORT FROM COMMUNITY LEADERS AND GOVERNMENT AGENCIES AND OFFICIALS; 4)TO PROVIDE FACILITIES, PERSONNEL AND FUNDS FOR STUDIES, SURVEYS AND DEMONSTRATION PLANS LEADING TO EFFECTIVE HOUSING IMPROVEMENTS OF THE GOALS OF THE CORPORATION TO BE CARRIED OUT BY PRIVATE AND PUBLIC INSTITUTIONS AND AGENCIES; 5)TO MAKE OUTRIGHT GRANTS OR LOANS OF ALL OR ANY PART OF ITS FUNDS OR PROPERTY, WITH OR WITHOUT INTEREST, IN FURTHERANCE OF OR IN CONNECTION WITH THE OBJECTIVES OF THE CORPORATION; 6)TO ENGAGE IN SUCH OTHER CHARITABLE, EDUCATIONAL OR SCIENTIFIC ACTIVITIES AS THE CORPORATION MAY FROM TIME TO TIME DETERMINE; 7)TO SOLICIT, RECEIVE AND ACQUIRE BY PURCHASE, GIFT, DEVISE, BEQUEST, LEASE OR IN ANY OTHER MANY MANNER TO OWN, HOLD, USE, MAINTAIN, IMPROVE AND OPERATE, AND TO SELL, LEASE, CONVEY AND OTHERWISE DISPOSE OF ANY BUILDINGS, MONEY OR OTHER PROPERTY, REAL OR PERSONAL, IN FURTHERANCE OF ANY OF THE FOREGOING CHARITABLE, EDUCATIONAL OR SCIENTIFIC PURPOSES; 8) TO ARRANGE FINANCING FOR ITS OWN AND OTHER NONPROFIT SPONSORED AFFORDABLE HOUSING AND COMMUNITY DEVELOPMENT PROJECTS BY APPLYING FOR AND IMPLEMENTING LOANS, LINES OF CREDIT, GRANTS, INVESTMENTS AND OTHER PRIVATE OR GOVERNMENTAL RESOURCES;9) TO PROVIDE FACILITIES, PERSONNEL AND FUNDS IN SUPPORT OF PROGRAMS AND SERVICES THAT WILL HELP RESIDENTS AND NEIGHBORHOODS TO ACHIEVE IMPROVED EDUCATIONAL, PERSONAL, SOCIAL AND ECONOMIC OUTCOMES ESSENTIAL TO INDIVIDUAL AND HOUSEHOLD SUCCESS AND COMMUNITY WEALTH AND WELL-BEING; AND10)TO DO ANY AND ALL THINGS DIRECTLY OR INDIRECTLY RELATED TO ANY OF THE FOREGOING EDUCATIONAL, SCIENTIFIC, OR CHARITABLE PURPOSES.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Urban League Of Greater Cincinnati
Development Consulting
$240,971
Musa Technology Partners Llc
It Services
$235,647
Cincinnati City School District
Development Consulting
$186,240
Avondale Development Corporation
Development Consulting
$145,316
Avondale Community Council
Development Consulting
$139,726
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$10,987,601
Government grants $7,299,707
All other contributions, gifts, grants, and similar amounts not included above$4,485,332
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$22,772,640
Total Program Service Revenue$57,964,119
Investment income $14,012
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 $84,219,407

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Community Builders Inc has recieved totaling $20,500.

Awarding OrganizationAmount
Safe Routes To School National Partnership

Fairfax, VA

PURPOSE: Develop SafeRoutes to Parksplan

$12,500
Kaboom Inc

Washington, DC

PURPOSE: PLAYSPACE CONSTRUCTION

$8,000
View Grant Recipient Profile

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