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Southwest Boston Community Development Corporation

Southwest Boston Community Development Corporation

Hyde Park, MA 02136
Tax ID04-3562853

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About this organization

Revenue

$530,837

Expenses

$526,233

Website

swbcdc.org

Mission

Southwest Boston Community Development Corporation works to build and sustain a thriving, economically diverse community in Hyde Park and Roslindale. We work to prevent displacement (particularly of low-income and elderly residents), create and preserve affordable housing, strengthen the commercial base of the neighborhoods, ensure access to good transit and green spaces, and develop local leaders whose voices are not otherwise heard. We bring long-time residents and newcomers of all ages and diverse backgrounds together to make positive change.

About

Real estate development. SWBCDC develops affordable housing for low and moderate income families in order to help sustain and preserve neighborhoods and address the ongoing housing crisis in Boston. The organization has a portfolio of 8 affordable family sized apartments in Roslindale that were acquired and preserved as affordable in the summer of 2016 in Boston, DND's access and opportunity program, to keep tenants in their apartments. This led to a 30 unit program in 2019-20. This began our joint venture proposal with Rogerson. SWBCDC is also now co-developing a 27-unit, transit-oriented LEED silver certified rental building within steps of the Fairmount train station and the shops in Hyde Park's main commercial district. These apartments will be rented to very low, low and moderate-income families.

Interesting data from their 2019 990 filing

According to the filing, the non-profit's mission is “Southwest boston community development corporation (swbcdc) works to build and sustain a thriving, economically and racially diverse community in hyde park and roslindale. we work to prevent displacement, create and preserve affordable housing, strengthen the commercial base of the neighborhoods, ensure access to good transit and green spaces, and develop local leaders who use their voice to influence the issues that affect them.”.

When referring to its actions, they were described as: “Southwest boston community development corporation (swbcdc) works to build and sustain a thriving, economically and racially diverse community in hyde park and roslindale. we work to prevent displacement, create and preserve affordable housing, strengthen the commercial base of the neighborhoods, ensure access to good transit and green spaces, and develop local leaders who use their voice to influence the issues that affect them.”.

  • According to the law, the state of operation reported by the non-profit is MA.
  • As per the filing, the address of the non-profit for 2019 is 11 FAIRMOUNT AVENUE 101, HYDE PARK, MA, 02136.
  • According to their form, the non-profit as of 2019 has a total of 4 employees.
  • Is not a private foundation.
  • Expenses are between $250,000 and $500,000.
  • Revenue is between $500,000 and $1,000,000+.
  • Revenue less expenses is $22,180.
  • The organization has 14 independent voting members.
  • The organization was formed in 2001.
  • The organization pays $184,312 in salary, compensation, and benefits to its employees.
  • The organization pays $34,351 in fundraising expenses.

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