Worcester Community Housing Resources Inc

Organization Overview

Worcester Community Housing Resources Inc is located in Worcester, MA. The organization was established in 1986. According to its NTEE Classification (W99) the organization is classified as: Public & Societal Benefit N.E.C., under the broad grouping of Public & Societal Benefit and related organizations. As of 12/2021, Worcester Community Housing Resources Inc employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Worcester Community Housing Resources 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 12/2021, Worcester Community Housing Resources Inc generated $2.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.9% each year. All expenses for the organization totaled $1.9m during the year ending 12/2021. While expenses have increased by 4.0% 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

2021

Describe the Organization's Mission:

Part 3 - Line 1

OUR MISSION IS TO HELP CREATE AND PRESERVE AFFORDABLE HOUSING AND TO INITIATE AND SUPPORT NEIGHBORHOOD REVITALIZATION IN THE GREATER WORCESTER AREA.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO PROVIDE HOUSING FOR LOW INCOME INDIVIDUALS AND FAMILIES AND TO LOCATE, PURCHASE, RENOVATE AND RESELL NEGLECTED PROPERTIES IN LOW INCOME NEIGHBORHOODS


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Board, Officers & Key Employees

Name (title)Compensation
Jennifer Schanck-Bolwell
Executive Director
$130,606
Andrew Howarth
Director Of Devel.
$112,574
Lynda K Monahan
Treasurer
$0
Elizabeth Sanning
Vice President
$0
James Hayes
President
$0
Clara Savage
Director
$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$1,111,373
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$1,111,373
Total Program Service Revenue$1,062,007
Investment income $477
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $60,079
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $2,233,936

Grants Recieved

Over the last fiscal year, we have identified 5 grants that Worcester Community Housing Resources Inc has recieved totaling $209,757.

Awarding OrganizationAmount
Greater Worcester Community Foundation Inc

Worcester, MA

PURPOSE: LANDLORD INCENTIVE PROGRAM

$181,500
Greater Worcester Community Foundation Inc

Worcester, MA

PURPOSE: OPERATING SUPPORT

$20,000
Webster Five Foundation Inc

Auburn, MA

PURPOSE: EXEMPT PURPOSE

$8,000
Alexander Aronson Finning & Co Charitable Foundation

Westborough, MA

PURPOSE: PROGRAM SUPPORT

$250
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$7
View Grant Recipient Profile

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