Westwood Affordable Housing Inc

Organization Overview

Westwood Affordable Housing Inc is located in Westwood, MA. The organization was established in 1999. According to its NTEE Classification (L80) the organization is classified as: Housing Support, 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. Westwood Affordable Housing Inc 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 10/2022, Westwood Affordable Housing Inc generated $683.5k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 27.3% each year . All expenses for the organization totaled $211.5k during the year ending 10/2022. While expenses have increased by 4.5% 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

AFFORDABLE HOUSING FOR WESTWOOD RESIDENTS

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDES DIVERSE TYPES OF HOUSING DESIGNED TO PROVIDE SAFE SANITARY AND SUITABLE LIVING ACCOMODATIONS OF ANY AND EVERY TYPE AND KIND TO ALL PERSONS OF LOW, MODERATE AND MIDDLE INCOME WITHIN WESTWOOD, MA.


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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$150,000
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$150,000
Total Program Service Revenue$532,433
Investment income $1,035
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 $683,468

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