SOUTHEASTERN MASSACHUSETTS AFFORDABLE HOUSING CORPORATION
45 GODDARD ROAD, BROCKTON, MA 02301

Total Revenue
$883,355
Total Expenses
$676,680
Net Assets
$3,368,944

Organizations Filed Purposes: PROVIDE HOUSING FOR LOW TO MODERATE INCOME PEOPLE AS DEFINED BY THE DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT.

THE ORGANIZATION MAINTAINS A PROGRAM THAT CREATES AFFORDABLE RENTAL HOMES FOR LOW AND MODERATE INCOME INDIVIDUALS BY PURCHASING AND REHABILITATING MULTIFAMILY HOMES WITHIN THE CITY OF BROCKTON. THE ORGANIZATION OWNS AND MANAGES 42 UNITS OF RESIDENTIAL RENTAL HOUSING. THE HOUSING UNITS ARE RENTED TO TENANTS WHO QUALIFY WITH LOW TO MODERATE INCOME AT REDUCED RENTAL RATES. OPERATIONS ARE FURTHER SUBSIDIZED WITH SECTION 8 HOUSING ASSISTANCE.THE ORGANIZATION ALSO PURCHASES HOUSES UNDER FORECLOSURE TO REHABILITATE AND SELL TO HOUSEHOLDS WHOSE INCOME MEETS THE AFFORDABILITY REQUIREMENTS IN ACCORDANCE WITH 24 CFR, PART 92.254. THE HOMES ARE REQUIRED TO REMAIN QUALIFIED FOR THE AFFORDABILITY PERIOD SET FORTH IN THE HOME INVESTMENT FUNDS GRANT CONTRACTS.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
Susan HasomerisDIRECTOR1$0
Carol RobertsDIRECTOR1$0
Fred WelshDIRECTOR1$0
Gerard NadeauDIRECTOR1$0
Betsy PriceDIRECTOR1$0
Linda O'MalleyDIRECTOR1$0
Linda Kenny LoganDIRECTOR1$0
Kimberly LundinDIRECTOR1$0
Jeanette CayerDIRECTOR1$0
Lucy NugentDIRECTOR1$0
Timothy SullivanDIRECTOR1$0
John McgarryCLERK1$0
Allyne PecevichTREASURER1$0
Richard OlsenPRESIDENT1$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202023119349301832_public.xml