Mission
Since 1980, Allston Brighton CDC has led initiatives that create and preserve affordable homes, foster community leadership, and provide first-time homebuyers with the tools and resources to reach their goals. The organization partners with Allston Brighton residents to increase their economic wellbeing and stabilize the neighborhood while fostering connections and community, enabling residents to build the lives they envision for themselves.
Basic Information
Tax-Exempt
Founded in
1980
EIN
04-2716278
Total Assets
$16.8 million
UN Sustainable Development Goals Supported
This organization contributes to the following United Nations Sustainable Development Goals. See the SDG page for more information.
Showing 2 of 2 goals
At a Glance
Creating Affordable Homes
ABCDC focuses on providing and protecting affordable housing options for vulnerable populations.
Community Engagement Initiatives
The organization helps to build and nurture community power among low-and-moderate income people.
First-Time Homebuyer Education
ABCDC offers various programs to empower first-time homebuyers with essential knowledge and assistance.
Our Programs
Allston-Brighton Homeownership Program
A financial assistance program for first-time homebuyers offering up to $50,000 for down payments and closing costs.
Learn MoreHomebuying Education Workshops
Workshops aimed at first-time homebuyers to provide them essential education on the homebuying process.
Learn More
MIP Score (Beta)
The MIP Score is in beta! We'd love any feedback you may have.
The MIP Score and it's methodology is purely used as a way to visualize how a nonprofits public financial data compares against others. It doesn't reflect the unique circumstances and impact that a nonprofit has.The MIP Score should never be used to say one charity is better than another.
Overall Score
72
50
/100
Program Expense Ratio
91.69%
20
/20
Program Revenue Growth
8.40%
16
/20
Leverage Ratio
0.8191
4
/20
Working Capital Ratio
0.7808
8
/20
Fundraising Efficiency
0
2
/20
Latest Filing Data: Form 990
Fiscal Year:2022
Source:Source: Self-reported by organization
Financial Details
Revenue
| Category | Amount | Percentage |
|---|---|---|
| Contributions, Gifts, and Grants | 2.015M | 53.63% |
| Program Services | 1.68M | 44.70% |
| Investment Income | 56.13K | 1.49% |
| Sales of Non-Inventory Assets | 0 | 0.00% |
| Other Notable Sources | 11.99K | 0.32% |
| Total Revenue | 3.758M | 100.00% |
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