Cambridge Community Housing Development Inc

Organization Overview

Cambridge Community Housing Development Inc is located in Cambridge, MA. The organization was established in 1998. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.

For the year ending 06/2020, Cambridge Community Housing Development Inc generated $7.1m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 7.4% each year. All expenses for the organization totaled $8.7m during the year ending 06/2020. While expenses have increased by 3.6% 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

2020

Describe the Organization's Mission:

Part 3 - Line 1

TO DEVELOP AND MAINTAIN AFFORDABLE HOUSING IN CAMBRIDGE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDE AFFORDABLE HOUSING FOR LOW AND MODERATE INCOME RESIDENTS OF CAMBRIDGE, MA


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Board, Officers & Key Employees

Name (title)Compensation
John Miller
Treasurer
$0
Louise Elving
President
$0
Deb Favreau
Clerk
$0
Vince O'donnell
Vice President
$0
John Kelley
Director Of Finance
$0
Peter Daly
Executive Director
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Edwards Construction Co Llc
Construction
$174,847
Timothy Wheeler
Construction
$106,035
View All Vendors

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$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$6,556,085
Investment income $490,000
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 $7,145,171

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