Organizations Filed Purposes:
TO PROVIDE AFFORDABLE HOUSING FOR LOW AND MODERATE INCOME PERSONS PRIMARILY THROUGH FINANCIAL AND TECHNICAL ASSISTANCE IN HOME OWNERSHIP AND RENTAL OPPORTUNITIES.
PROVIDE HOUSING OPPORTUNITIES FOR LOW AND MODERATE INCOME PERSONS
THE ORGANIZATION PROVIDES HOME OWNERSHIP AND RENTAL OPPORTUNITIES TO LOW AND MODERATE INCOME PERSONS THROUGH RENTAL OF PROPERTY, ACQUISITION, REHABILITATION AND SALE OF PROPERTIES AND DEVELOPMENT OF AFFORDABLE HOUSING. THE ORGANIZATION HAS 115 APARTMENTS AVAILABLE FOR RENT AT AFFORDABLE RATES. THE ORGANIZATION SUCCESSFULLY RESYNDICATED A TAX CREDIT PROPERTY WITH CONTINUING AFFORDABILITY. THE ORGANIZATION WORKED ON 5 PROPERTIES IN VARIOUS STAGES OF REHABILITATION INCLUDING THOSE SOLD DURING THE YEAR. FOR PROPERTIES SOLD TO LOW AND MODERATE INCOME PERSONS, THE ORGANIZATION RETAINED OWNERSHIP OF THE LAND UNDER A LAND TRUST MODEL AND SOLD THE BUILDING WITH A GROUND LEASE LIMITING FUTURE SALES TO PERSONS MEETING INCOME LIMITS FOR LOW AND MODERATE INCOME HOUSEHOLDS. THE ORGANIZATION OWNS 104 PARCELS OF LAND UNDER THE LAND TRUST MODEL.
REVOLVING LOAN FUND INITIALLY FUNDED BY FEDERAL FUNDS PASSED THROUGH VARIOUS RI COMMUNITIES USED TO PROVIDE ACQUISITION AND PROPERTY REHABILITATION LOANS TO LOW AND MODERATE INCOME PERSONS CONSISTING OF 319 LOANS, INCLUDING 23 NEW LOANS DURING THE YEAR. IN ADDITION, THE ORGANIZATION ASSISTS THE LOCAL COMMUNITY IN ADMINISTERING ITS CDBG LOAN FUND FOR LOW AND MODERATE INCOME PERSONS OF WHICH THE ORGANIZATION ASSISTED IN THE ADMINISTRATION OF 1 LOAN DURING THE YEAR.
Executives Listed on Filing
Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing
| Name | Title | Hours Per Week | Total Salary |
|---|
| Christian Belden | EXECUTIVE DIRECTOR | 40 | $104,822 |
| Michael Perez | DIRECTOR | 1 | $0 |
| Allyson Mccalla | DIRECTOR | 1 | $0 |
| Bonnie Strickman | DIRECTOR | 1 | $0 |
| Tracy Jonsson | DIRECTOR | 1 | $0 |
| Elizabeth Phelps | SECRETARY | 1 | $0 |
| Susan Bodington | PRESIDENT | 2 | $0 |
| Jennifer Murray | DIRECTOR | 1 | $0 |
| Barbara O'Reilly | TREASURER | 2 | $0 |
| Patricia Sargent | DIRECTOR | 1 | $0 |
| Robert Sabel | VICE PRESIDENT | 2 | $0 |
| Paul Murphy | DIRECTOR | 1 | $0 |
| Marjorie Jensen | DIRECTOR | 1 | $0 |
Data for this page was sourced from XML published by IRS (
public 990 form dataset) from:
https://s3.amazonaws.com/irs-form-990/202013309349300736_public.xml