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Allston Brighton Comm Development Corp.

AKA Allston Brighton CDC, ABCDC

Allston, MA

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Allston Brighton Comm Development Corp.

Also Known As:
Allston Brighton CDC, ABCDC
Physical Address:
Allston, MA 02134 
EIN:
04-2716278
Web URL:
www.allstonbrightonc...
Leadership:
Ms. Mary-Helen Newberger Nsangou
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Legitimacy Information

  • This organization is registered with the IRS.
  • This organization is required to file an IRS Form 990 or 990-EZ.

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Forms 990 from IRS Additional Information IRS Form 990 is an annual document used by approximately one-third of all public charities to report information about their finances and operations to the federal government. GuideStar uses data from Form 990 to populate its database with financial information about nonprofit organizations. Posting Form 990 images on the GuideStar Web site is an ongoing process.

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Fiscal Year Starting: Jan 01, 2011
Fiscal Year Ending: Dec 31, 2011
Revenue
Total Revenue $1,010,851
Expenses
Total Expenses $862,845

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  • Financial Health Dashboard: Highlights key financial trends and ratios for a selected nonprofit organization over a period of up to five years.
  • Peer Comparison Dashboard: Compares the organization's financials with up to five peer nonprofits that you select.
  • Graphical Analysis: Provides multi-year graphs and an interpretive guide in a format ready to present to your clients.
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Basic Organization Information

Allston Brighton Comm Development Corp.

Also Known As:
Allston Brighton CDC, ABCDC
Physical Address:
Allston, MA 02134 
EIN:
04-2716278
Web URL:
www.allstonbrightonc... 
NTEE Category:
S Community Improvement, Capacity Building 
S20 Community, Neighborhood Development, Improvement 
L Housing, Shelter 
L20 Housing Development, Construction, Management 
C Environmental Quality Protection, Beautification 
C50 Environmental Beautification 
Year Founded:
1980 
Ruling Year:
1981 

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Mission Statement

Allston Brighton Community Development Corporation engages neighborhood residents in an on-going process of shaping and carrying out a common vision of a diverse and stable community in the face of sustained economic pressures. That vision is evident in community-led projects that protect and create affordable housing, create greenspace, foster a healthy local economy, provide avenues for economic self-sufficiency, and increase understanding among and between our neighborhood's diverse residents.

Expert Assessment

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Impact Summary from the Nonprofit

ABCDC was established by neighborhood residents in 1980 who sought a development organization accountable to the local community. Today ABCDC is celebrating 30 years of community impact by providing high-quality housing & programs for personal and community stability. *We have developed 523 affordable homes to provide stability for 1000 residents. We maintain the high quality of these units by refinancing and renovating buildings to preserve affordability, while also planning for the development of new affordable homes. *In our Homeownership program, 3400 people have taken homebuying classes in 7 languages over 13 years with 100 grads buying homes each year using stable mortgages. *Since 1999, low-income, low-wealth participants have saved over $300,000 for education, homeownership and entrepreneurship goals and leveraged over $2.5 million in assets in our Individual Development Account program. We are the community’s financial education leader, offering classes through local partnerships. * For the past 10 years we’ve been Allston Brighton’s only housing counseling resource for low-income tenants: each year we counsel over 200 households on apartment conditions, preventing evictions, housing search, or resident organizing. *We unify neighbors to protect open spaces and promote environmentally sustainability by creating & protecting open spaces, through sustainable redesign, and by increasing the energy efficiency of the housing stock.  We have transformed 8 local schoolyards, protected 2 urban wilds, and created stewardship groups for many local parks.   *We are a resource to residents and institutions on partnerships on homeownership, open space and other issues that increase community stability. Our Latinos en Acción committee has engaged over 500 Latinos in civic life.

Personal Reviews

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  • Financial Health Dashboard: Highlights key financial trends and ratios for a selected nonprofit organization over a period of up to five years.
  • Peer Comparison Dashboard: Compares the organization's financials with up to five peer nonprofits that you select.
  • Graphical Analysis: Provides multi-year graphs and an interpretive guide in a format ready to present to your clients.
  • Printable PDF Report: Provides a complete analysis of the organization for your records. The full report tells you what to look for and why it matters.
  • Advanced Search: Allows you to search by EIN (Employer Identification Number), organization name, city, state, revenue, expenses, and assets.


Revenue and Expenses

Revenue and Expense data from Forms 990 for 2011, 2010, 2009, 2008, 2007 are included in the GuideStar Premium Report. Upgrade Now Report Added To Cart


Balance Sheet

Balance Sheet data from Forms 990 for Year 2011, 2010, 2009, 2008, 2007 are included in the GuideStar Premium Report. Upgrade Now Report Added To Cart

Financial SCAN

Financial SCAN

Key Financial SCAN Features

  • Financial Health Dashboard: Highlights key financial trends and ratios for a selected nonprofit organization over a period of up to five years.
  • Peer Comparison Dashboard: Compares the organization's financials with up to five peer nonprofits that you select.
  • Graphical Analysis: Provides multi-year graphs and an interpretive guide in a format ready to present to your clients.
  • Printable PDF Report: Provides a complete analysis of the organization for your records. The full report tells you what to look for and why it matters.
  • Advanced Search: Allows you to search by EIN (Employer Identification Number), organization name, city, state, revenue, expenses, and assets.


Forms 990 Provided by the Nonprofit


Financial Statements

Audited Financial Statement is not available for this organization.


Annual Reports

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Leadership

Ms. Mary-Helen Newberger Nsangou

Term:

Since Feb 2008

Profile:

Mary-Helen Nsangou, who goes by “MH,” is the executive director of the Allston Brighton Community Development Corporation. Over 17 years at Allston Brighton CDC, she has founded, led and strengthened programs that create stability, opportunity and community engagement through affordable housing, economic development and open space initiatives. MH began at the Allston Brighton CDC as a community organizer, then established and grew its affordable homeownership education program, and went on to serve as the organization’s associate director. She also played interim roles as executive director and director of economic development.  MH’s interest in community development began as a college student at Wesleyan University, where she created her own major in ethics and led research on women in homelessness. This interest was deepened through service in the Peace Corps as a Community Development volunteer in Cameroon, where she organized women’s groups in micro-enterprise projects. MH serves on the board of the Massachusetts Association of Community Development Corporations. She is a current MBA candidate at the McCallum School of Business at Bentley University and recently completed the General Management Program at Harvard Business School.

Leadership Statement:

In this time in which residents of our community are under heightened financial stress, threatening both their own stability and that of our community, ABCDC assists individual & families in building financial self-sufficiency. This year, we will: *Teach 9 Homeownership classes with 200 graduates - at least 80 Homebuying 101 graduates will purchase homes * Hold individual homebuying counseling with 60 graduates * offer 5 graduate & post-purchase workshops for stable homeownership *produce the annual Homeownership Resource Guide & the program Outcomes Report * Grow the program, focusing on Spanish-speaking community & deepening reach with high quality RE professionals *Recruit for Homeownership matched-savings accounts in partnership with Midas Collaborative * Integrate Financial Education into additional neighborhood programs & use more volunteers We seek to meet the high demand for affordable homes in Allston Brighton by providing a stable foundation from which families and individual can build healthy lives.  In our work to enhance the affordable housing supply by supporting the ongoing health of our 470-unit real estate portfolio, this year we will: *Refinance and integrate green retrofits in 177 affordable homes.  * Complete lighting retrofits across entire portfolio, getting ½ of all properties accepted into programs to complete energy efficiency improvements.  * Complete a business plan for a shared Asset Management Center in partnership with other non-profit housing owners & begin migration to it.  * Continue strong oversight of our management company We assist low-income residents in preserving their tenancies ensure that families are able to avoid homelessness. This year we will: * Counsel 175 Boston households through City of Boston’s housing counseling program *Counsel 20 households whose tenancies are threatened * Offer support group to mothers of young children * Strengthen partnerships with local organizations that can bring in additional services * Present two workshops on tenant issues at ESOL classes.

Board Chair

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Board of Directors

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Officers for Fiscal Year

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Highest Paid Employees & Their Compensation

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Evidence of Impact

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Organizational Strengths

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Areas for Improvement

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