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 12/2020, Worcester Community Housing Resources Inc employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.

For the year ending 12/2020, Worcester Community Housing Resources Inc generated $2.1m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 3.3% each year. All expenses for the organization totaled $2.1m during the year ending 12/2020. While expenses have increased by 6.1% per year over the past 6 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

2020

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 LOCATED, 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
$107,716
Andrew Howarth
Director Of Development
$105,327
Elizabeth Sanning
Vice President
$0
Lynda K Monahan
Treasurer
$0
James Hayes
President
$0
John P Foley
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$545,147
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$545,147
Total Program Service Revenue$1,398,820
Investment income $2,537
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $12,915
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $2,075,356

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Worcester Community Housing Resources Inc has recieved totaling $8,000.

Awarding OrganizationAmount
Webster Five Foundation Inc

Auburn, MA

PURPOSE: EXEMPT PURPOSE

$8,000
View Grant Recipient Profile

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