EIN 04-2666507

Fenway Community Development Corporation

IRS 501(c) type
501(c)(3)
Num. employees
21
City
Year formed
1973
Most recent tax filings
2022-12-01
NTEE code, primary
Description
Fenway Community Development Corporation is a membership organization that works to achieve greater residential stability and diversity in the Fenway neighborhood primarily aimed at meeting the needs of low- and moderate-income residents.
Total revenues
$5,660,025
2022
Total expenses
$5,857,286
2022
Total assets
$50,666,200
2022
Num. employees
21
2022

Program areas at Fenway Community Development Corporation

Rental properties - in 2022, our wholly-owned rental properties included: 15-25 hemenway housing which is a 24 unit mixed income housing Development; Fenway apartments, llc which comprises 22 units of affordable housing; new Fenway westland, llc which is a 96 unit mixed income housing Development. Additionally, through our housing Development and asset management programs, Fenway cdc controls five other affordable housing properties. Fenway cdc also pursued opportunities to preserve existing and build new affordable housing as described in schedule o under other program services.
Affordable housing preservation and Development - in 2022, Fenway cdc provided over 650 residents with safe and affordable homes. We began construction on the burbank terrace, llc site which is being developed into 27 units of affordable housing in 2022-2024. We pursued opportunities to build and preserve new affordable housing. Fenway cdc collaborated with developers and institutions to forge housing partnerships to create future housing to meet the needs of low- and moderate-income families & individuals.
Community planning & organizing - in 2022, Fenway cdc worked with residents, non-profits, and city officials to recommend improvements in the city and state's housing policies to prevent displacement and homelessness, address racial inequities, create and preserve affordable housing, and empower communities. Our efforts addressed the challenges of high property acquisition costs and the need for more affordable housing to meet the needs of low- and moderate-income residents. Resident leaders monitored the developments of private developers, hospitals, and universities and shared comments at Community meetings to mitigate any negative Development impact on the residential area. Fenway cdc also educated residents at-risk about homelessness prevention, tenants rights, and supported Community efforts to ensure equitable access to public transportation.
Asset management - Fenway cdc provided oversight of 408 mixed-income apartments and ensured that our properties are physically and financially sustainable. During the covid pandemic, we continued to monitor the property finances and worked closely with property management and across Fenway cdc departments to support our residents.
Resident services and workforce Development -for three decades, Fenway cdc has offered counseling, case management, workshops, and social support services to help low- and moderate-income residents of Fenway and other boston neighborhoods. During 2022's continued pandemic impact and rising inflation, our programs provided unemployed and low-income residents resources and support to regain financial self-sufficiency. We helped them obtain education and career credentials, skills training, employment, education advancement programs, and advance their careers. Our financial education helped vulnerable residents to overcome barriers and instilled positive behaviors to build financial stability. Our health & wellness programs, as well as virtual and socially distanced Community events improved the quality of lives during hard times.

Grants made by Fenway Community Development Corporation

GranteeGrant descriptionAmount
Boston Tenant CoalitionAs Part of Cheers Coalition, Work To Advance Housing Policies To Prevent Displacement and Homelessness, Address Racial Inequities, Create and Preserve Affordable Housing, and Empower Communities.$50,000
Homes for FamiliesAs Part of Cheers Coalition, Work To Advance Housing Policies To Prevent Displacement and Homelessness, Address Racial Inequities, Create and Preserve Affordable Housing, and Empower Communities.$25,000
Massachusetts Law Reform Institute (MLRI)As Part of Cheers Coalition, Work To Advance Housing Policies To Prevent Displacement and Homelessness, Address Racial Inequities, Create and Preserve Affordable Housing, and Empower Communities.$25,000
...and 3 more grants made

Who funds Fenway Community Development Corporation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Beth Israel Deaconess Medical Center (BIDMC)Care Access And/or To Address Other Identified Community Health Needs$369,167
United Way of Massachusetts Bay and Merrimack ValleyCommunity Impact$160,505
Cambridge Savings Charitable FoundationExepmt Prupose$50,000
...and 11 more grants received

Personnel at Fenway Community Development Corporation

NameTitleCompensation
Leah CamhiExecutive Director$140,909
Suneeth JohnDeputy Director and Head of Real Estate$151,321
Timothy CoakleyTreasurer and Board Member$0
Mathew ThallVice President and Board Member$0
Nikki FlionisPresident and Board Member$0
...and 6 more key personnel

Financials for Fenway Community Development Corporation

RevenuesFYE 12/2022
Total grants, contributions, etc.$1,092,800
Program services$4,516,176
Investment income and dividends$46,362
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$-26,845
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$31,532
Total revenues$5,660,025

Form 990s for Fenway Community Development Corporation

Fiscal year endingDate received by IRSFormPDF link
2022-122023-09-25990View PDF
2021-122022-10-03990View PDF
2020-122021-09-30990View PDF
2019-122021-02-22990View PDF
2018-122019-12-04990View PDF
...and 9 more Form 990s
Data update history
July 15, 2024
Received grants
Identified 3 new grant, including a grant for $160,505 from United Way of Massachusetts Bay and Merrimack Valley
May 19, 2024
Received grants
Identified 6 new grant, including a grant for $50,000 from Cambridge Savings Charitable Foundation
December 2, 2023
Posted financials
Added Form 990 for fiscal year 2022
November 27, 2023
Used new vendors
Identified 1 new vendor, including
October 22, 2023
Received grants
Identified 4 new grant, including a grant for $267,917 from Beth Israel Deaconess Medical Center (BIDMC)
Nonprofit Types
Grantmaking organizationsPublic sector nonprofitsBusiness and community development organizationsHousing and shelter organizationsHeadquarter / parent organizationsCharities
Issues
Human servicesCommunity improvementHousing
Characteristics
LobbyingFundraising eventsReceives government fundingGala fundraisersTax deductible donationsAccepts online donations
General information
Address
70 Burbank St
Boston, MA 02115
Metro area
Boston-Cambridge-Newton, MA-NH
County
Suffolk County, MA
Website URL
fenwaycdc.org/ 
Phone
(617) 267-4637
Facebook page
FenwayCDC 
Twitter profile
@fenwaycdc 
IRS details
EIN
04-2666507
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1973
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
L25: Housing Rehabilitation
NAICS code, primary
926110: Economic Development Corporations and Economic Program Organizations
Parent/child status
Central organization
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