EIN 23-7168031

Oneholyoke CDC

IRS 501(c) type
501(c)(3)
Num. employees
10
Year formed
1972
Most recent tax filings
2021-06-01
Description
Oneholyoke CDC helps to develop low and moderate income housing and expands locally-owned business enterprises in Holyoke, Massachusetts. It furthers the development of low and moderate income housing, provides assistance for the improvement of residential and business property, and offers the Holyoke Rental Neighborhood Improvement Program, which provides low-interest loans to rental property owners for building improvements. Additionally, it has the NIP Grant program that assists homeowners with home improvement projects to improve the overall quality of life in Holyoke.
Also known as...
One Holyoke Community Developement Corporation; Olde Holyoke Development Corporation
Total revenues
$2,742,467
2021
Total expenses
$2,734,938
2021
Total assets
$4,463,894
2021
Num. employees
10
2021

Program areas at Oneholyoke CDC

Provided 221 rental units for rent for low to moderate income individuals. Approximately 80 tenants receive subsidized rental assistance from various agencies.
Rnip loan program - the holyoke rental neighborhood improvement program provides low interest loans to rental property owners to provide quality housing in the city of holyoke. Loans may be used to make building improvements including energy saving rehab like windows, doors and hvac systems or to address code/building violations. Funding must result in occupiable units which meet hud hqs standards. Interim financing and refinancing of existing debt is not permitted. At project completion, 51% of tenants must meet the section 8 income limits.
Nip grant program - to assist homeowners with home improvement projects to improve the overall quality of life in the city of holyoke. Homeowners paid $22,894 of their own funds toward qualified home improvements. Grant funds of $84,570 were expended on qualified home improvements in addition to the homeowner contributions. This program resulted in $107,464 in home repairs to 12 homeowners in holyoke, ma.

Who funds Oneholyoke CDC

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Health Resources in ActionImproving Equity in Public Health, Training and Capacity Building$90,000
Community Foundation of Western MassachusettsEconomic Development$25,000
Point32health FoundationGrowing Outreach and Capacity$15,000

Personnel at Oneholyoke CDC

NameTitleCompensation
Michael J. MoriartyPresident$73,888
Walter NalesnikBoard Chair$0
Duane CampTreasurer Effective 12 and 1 and 2017 / Director$0
Armando SantiagoDirector and Clerk$0
Chrispher RiffenburgChief Financial Officer
...and 3 more key personnel

Financials for Oneholyoke CDC

RevenuesFYE 06/2021
Total grants, contributions, etc.$213,742
Program services$2,326,071
Investment income and dividends$8,327
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$5,699
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$188,628
Total revenues$2,742,467

Form 990s for Oneholyoke CDC

Fiscal year endingDate received by IRSFormPDF link
2021-062022-05-16990View PDF
2020-062021-05-26990View PDF
2019-062020-09-25990View PDF
2018-062019-08-17990View PDF
2017-062018-08-21990View PDF
...and 7 more Form 990s

Organizations like Oneholyoke CDC

OrganizationLocationRevenue
Westminster Home ConnectionNashville, TN$1,532,040
The Neighborhood DevelopersChelsea, MA$9,918,440
Neighborworks UmpquaRoseburg, OR$6,192,979
Neighborworks Green BayGreen Bay, WI$4,405,653
Housing ResourcesKalamazoo, MI$4,067,336
Housing Development AllianceHazard, KY$8,262,095
Alamo Community GroupSan Antonio, TX$10,832,647
The Heart of CamdenCamden, NJ$925,806
Interfaith Housing and Community Service ServicesHutchinson, KS$3,428,337
Housing First Minnesota FoundationRoseville, MN$912,694
Data update history
May 15, 2023
Received grants
Identified 1 new grant, including a grant for $88,750 from Health Resources in Action
September 7, 2022
Used new vendors
Identified 1 new vendor, including
June 1, 2022
Updated personnel
Identified 1 new personnel
September 12, 2021
Posted financials
Added Form 990 for fiscal year 2020
August 22, 2021
Posted financials
Added Form 990 for fiscal year 2019
Nonprofit Types
Housing and shelter organizationsHeadquarter / parent organizationsCharities
Issues
Human servicesCommunity improvementHousing
Characteristics
State / local levelReceives government fundingCommunity engagement / volunteeringTax deductible donationsAccepts online donations
General information
Address
70 Lyman St
Holyoke, MA 01040
Metro area
Springfield, MA
County
Hampden County, MA
Website URL
oneholyoke.org/ 
Phone
(413) 533-7101
IRS details
EIN
23-7168031
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1972
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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