Program areas at Way Finders
Rental assistance programs provide rent supplements to qualified low-income households under programs subsidized by federal and state funds. A variety of supportive services are provided to rental assistance participants.
Real estate development services include both new construction and purchase and rehabilitation to provide affordable individual, single family and multi-family rental housing and affordable owner occupied housing. These activities are financed by accessing federal and state programs and private lenders. Rental management services are provided to various affordable housing projects. Way Finders and its subsidiaries own a direct or indirect interest in most of the projects developed by Way Finders. These efforts are aimed at ensuring that the properties meet the needs of their low to moderate income residents as well as maintaining the financial viability of these properties in the future.
Client services include temporary shelter and supportive services for the homeless and transitional housing and supportive services for victims of domestic violence and other formerly homeless families. Way Finders provides a wide variety of information and referral services, housing counseling and education services for tenants as well as access to financial assistance to help families and individuals avoid homelessness. The services are funded through federal and state programs and private grants and donations.
Rental properties provide afforable housing to eligible tenants under short-term operating leases. Rental properties include properties wholly owned by Way Finders.
Home ownership services include education and counseling for first-time homebuyers, post-purchase and foreclosure prevention counseling, and education services for rental property owners. Way Finders also provides access to financial resources for down payment and closing costs, to address lead-paint hazards in the home, and for home modification loans for the disabled.
Grants made by Way Finders
Who funds Way Finders
Grants from foundations and other nonprofits
Personnel at Way Finders
Name | Title | Compensation | Date of data |
---|
Keith Fairey | President and Chief Executive Officer | $222,645 | 2023-06-30 |
Laureen Borgatti | Chief Operating Officer / Chief of Staff and Chief Administrative Officer | $159,870 | 2023-06-30 |
Derek J Morris | Chief Financial Officer | $155,185 | 2024-05-01 |
Anni Zhu | Chief of Staff | $122,761 | 2023-06-30 |
John Bidwell | Chief Development Officer | $0 | 2023-06-30 |
...and 22 more key personnel |
Financials for Way Finders
Revenues | FYE 06/2023 | FYE 06/2022 | % Change |
---|
Total grants, contributions, etc. | $109,970,734 | $166,096,637 | -33.8% |
Program services | $2,792,728 | $2,129,893 | 31.1% |
Investment income and dividends | $361,165 | $367,900 | -1.8% |
Tax-exempt bond proceeds | $0 | $0 | - |
Royalty revenue | $0 | $0 | - |
Net rental income | $0 | $0 | - |
Net gain from sale of non-inventory assets | $0 | $0 | - |
Net income from fundraising events | $0 | $0 | - |
Net income from gaming activities | $0 | $0 | - |
Net income from sales of inventory | $0 | $0 | - |
Miscellaneous revenues | $0 | $0 | - |
Total revenues | $113,124,627 | $168,594,430 | -32.9% |
Organizations like Way Finders
Organization | Type | Location | Revenue |
---|
Housing Assistance Corporation (HAC) | 501(c)(3) | Hyannis, MA | $37,056,441 |
Emerald Development and Economic Network (EDEN) | 501(c)(3) | Cleveland, OH | $42,110,677 |
Neighborworks Housing Solutions (NWSOMA) | 501(c)(3) | Quincy, MA | $92,518,755 |
RCAP Solutions | 501(c)(3) | Worcester, MA | $62,477,099 |
Resources for Community Development (RCD) | 501(c)(3) | Berkeley, CA | $33,974,979 |
Trellis CORPORATION (CHDC) | 501(c)(3) | Minneapolis, MN | $37,044,209 |
Community Teamwork | 501(c)(3) | Lowell, MA | $162,850,227 |
Community Housing Partners (CHP) | 501(c)(3) | Christiansburg, VA | $72,240,138 |
Mercy Housing | 501(c)(3) | Denver, CO | $77,198,808 |
Self-Help Enterprises | 501(c)(3) | Visalia, CA | $65,987,549 |
Data update history
September 21, 2024
Received grants
Identified 4 new grant, including a grant for $452,750 from NeighborWorks America August 12, 2024
Updated personnel
Identified 4 new personnel
July 19, 2024
Posted financials
Added Form 990 for fiscal year 2023
July 16, 2024
Used new vendors
Identified 1 new vendor, including
Nonprofit Types
Grantmaking organizationsDevelopmentally disabled centersHousing and shelter organizationsHeadquarter / parent organizationsCharities
Issues
Human servicesHousingHomelessnessDevelopmentally disabled
Characteristics
Political advocacyLobbyingReceives government fundingCommunity engagement / volunteeringTax deductible donationsAccepts online donations
General information
- Address
- 1780 Main St
- Springfield, MA 01103
- Metro area
- Springfield, MA
- County
- Hampden County, MA
- Website URL
- wayfinders.org/Â
- Phone
- (413) 233-1500
- Facebook page
- WayFindersMAÂ
IRS details
- EIN
- 04-2518368
- 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
- 623210: Residential Intellectual and Developmental Disability Facilities
- Parent/child status
- Central organization
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