Lucy Stone Community Cooperatives Inc
- Assets
- $499.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Roxbury, MA
- Founding
- 11/2012
- Data as of
- 12/2022
- EIN
- 36-4680475
Organization Overview
Lucy Stone Community Cooperatives Inc is located in Roxbury, MA. The organization was established in 2012. According to its NTEE Classification (L20) the organization is classified as: Housing Development, Construction & Management, 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. Lucy Stone Community Cooperatives 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 12/2022, Lucy Stone Community Cooperatives Inc generated $67.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (11.0%) each year. All expenses for the organization totaled $72.3k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
LUCY STONE COMMUNITY COOPERATIVE PROVIDED AFFORDABLE COOPERATIVE HOUSING TO ELIGIBLE RESIDENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jennifer Horan President | 3 | $0 | |
Isaac Wang Treasurer | 3 | $0 | |
Nina Rich Secretary | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $66,068 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $939 |
| Total Revenue | $67,007 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $5,919 |
| Occupancy, rent, utilities, and maintenance | $65,005 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $1,349 |
| Total expenses | $72,273 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $108,607 |
| Other assets | $0 |
| Total assets | $499,598 |
| Total liabilities | $400,935 |
| Net assets or fund balances | $98,663 |