EIN 22-3073668

Metro West Collaborative Development

IRS 501(c) type
501(c)(3)
Num. employees
12
City
Year formed
1990
Most recent tax filings
2022-12-01
Description
Metro West CD creates affordable homes, supports economic development and community development in Newton, MA and surrounding areas.
Also known as...
Watertown Community Development
Total revenues
$1,743,878
2022
Total expenses
$1,695,743
2022
Total assets
$17,809,934
2022
Num. employees
12
2022

Program areas at Metro West Collaborative Development

Metro West cd seeks to engage residents in local planning and decision making that effects their neighborhoods.
Metro West cd provides referrals to households in search of affordable housing. We also coordinate lotteries and tenant/buyer selection on behalf of developers of affordable housing throughout Massachusetts. Metro West cd also administers emergency rental and direct financial assistance and since the beginning of the pandemic has supported over 500 households on behalf of several foundations and seven municipalities.
In 2022 Metro West cd completed the construction of 48 units of affordable housing, closed on the financing, and started construction on an additional 44 units and obtained zoning approval for 30+ additional units of affordable housing.

Who funds Metro West Collaborative Development

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Watertown Community FoundationEmergency Rental Assistance$113,360
Community Foundation for Metrowest2023 MW Emergency Re$50,000
Cambridge Savings Charitable FoundationExepmt Prupose$40,000
...and 5 more grants received

Personnel at Metro West Collaborative Development

NameTitleCompensation
Caitlin MaddenExecutive Director$122,337
Derek HansenSenior Real Estate Manager
Jennifer van CampenPast Executive Director$109,388
Suneeth JohnPresident$0
Mike ShermanTreasurer$0
...and 4 more key personnel

Financials for Metro West Collaborative Development

RevenuesFYE 12/2022
Total grants, contributions, etc.$348,549
Program services$1,235,666
Investment income and dividends$29,049
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$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$130,614
Total revenues$1,743,878

Form 990s for Metro West Collaborative Development

Fiscal year endingDate received by IRSFormPDF link
2022-122023-10-05990View PDF
2021-122022-10-13990View PDF
2020-122021-10-12990View PDF
2019-122021-02-24990View PDF
2018-122020-02-13990View PDF
...and 9 more Form 990s
Data update history
November 30, 2023
Posted financials
Added Form 990 for fiscal year 2022
November 26, 2023
Used new vendors
Identified 4 new vendors, including , , , and
November 26, 2023
Received grants
Identified 1 new grant, including a grant for $40,000 from Cambridge Savings Charitable Foundation
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
June 27, 2023
Received grants
Identified 5 new grant, including a grant for $155,000 from Watertown Community Foundation
Nonprofit Types
Housing and shelter organizationsHeadquarter / parent organizationsCharities
Issues
Human servicesCommunity improvementHousing
Characteristics
State / local levelReceives government fundingTax deductible donationsAccepts online donations
General information
Address
79-b Chapel St
Newton, MA 02458
Metro area
Boston-Cambridge-Newton, MA-NH
County
Middlesex County, MA
Website URL
metrowestcd.org/ 
Phone
(617) 923-3505
IRS details
EIN
22-3073668
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1990
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
L80: Housing Support Services
NAICS code, primary
62422: Community Housing Services
Parent/child status
Central organization
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