Chauncy House Community Corporation is located in Boston, MA. The organization was established in 0000. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. Chauncy House Community 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 12/2023, Chauncy House Community Corporation generated $336.1k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 16.0% each year . All expenses for the organization totaled $341.1k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED LOANS TO A LOW INCOME HOUSING PROJECT IN ORDER TO FUND RENOVATIONS, REPAIRS AND MAINTENANCE. AS OF 12/31/2020, THERE WERE NOTES RECEIVABLE TOTALING $6,044,874 AND INTEREST RECEIVABLE OF $872,394 FULLY RESERVED.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alexa Ducote Assistant Treasurer | 0.1 | $0 | |
D Morgan Wilson Treasurer | 0.1 | $0 | |
James F Rushford Clerk | 0.1 | $0 | |
Keri Dailey Assistant Clerk | 0.1 | $0 | |
Sunny Yuen Director | 0.1 | $0 | |
Thomas Buonopane President | 0.1 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $336,142 |
| Total Revenue | $336,142 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $12,437 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $4,000 |
| Total operating and administrative expenses | $18,937 |
| Contributions, gifts, grants paid | $322,142 |
| Total expenses and disbursements | $341,079 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $12,402 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $6,373,392 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $6,385,794 |
| Accounts payable and accrued expenses | $85,845 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $6,373,592 |
| Total liabilities | $6,459,437 |