Nonprofit · EIN 23-7293380
SOMERVILLE COMMUNITY CORPORATION INC
Tax-exempt · SOMERVILLE, MA 02143
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $5,814,242 | $5,735,861 | $78,381 | $54,030,157 | $57,964,548 | -$3,934,391 |
| December 31, 2023 | 990 | $4,659,958 | $5,521,151 | -$861,193 | $53,175,984 | $57,227,684 | -$4,051,700 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $1,235,774
- of which government grants
- $746,100
- Program service revenue
- $3,869,829
- Investment income
- $205,021
- Net gain from sales of assets
- $187,038
- Net income from fundraising events
- -$11,758
- Other revenue
- $503,618
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $318,172
- Other salaries and wages
- $624,964
- Salaries, compensation and benefits (total)
- $1,101,874
- Professional fundraising fees
- $0
- Legal fees
- $66,442
- Accounting fees
- $136,100
- Occupancy
- $2,192,647
- Depreciation
- $868,107
- Program services (functional)
- $5,109,357
- Management and general (functional)
- $434,559
- Fundraising (functional)
- $191,945
Balance sheet and other
- Total assets, start of year
- $53,175,984
- Total assets, end of year
- $54,030,157
- Total liabilities, end of year
- $57,964,548
- Net assets, end of year
- -$3,934,391
- Land, buildings and equipment
- $45,731,370
- Net assets without donor restrictions
- -$4,001,897
- Net assets with donor restrictions
- $67,506
- Gross receipts
- $6,347,603
- Employees
- 16
- Volunteers
- 38
- Year formed
- 1969
- State of legal domicile
- MA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| GONZALO PUIGBO | CEO Officer | 36 | $163,625 | $4,183 |
| LAURIE CALVERT | DIRECTOR OF FINANCE & ADMINISTRATION Officer | 36 | $128,523 | $21,841 |
| LAUREL RENEE TAYLOR | DIRECTOR OF COMMUNITY PROGRAMS Highest-paid employee | 36 | $122,610 | $9,480 |
| IGNACIO CARDONA | PRESIDENT Trustee or director, Officer | 2 | $0 | $0 |
| JHENNY SAINT-SURIN | VICE PRESIDENT Trustee or director, Officer | 2 | $0 | $0 |
| JAVIER BELLINI | TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| HOLLY FOX | CLERK (AS OF 4/2024) Trustee or director, Officer | 2 | $0 | $0 |
| CASSANDRA ARNAUD | DIRECTOR Trustee or director | 2 | $0 | $0 |
| MICHELLE APIGIAN | DIRECTOR Trustee or director | 2 | $0 | $0 |
| NATACHA THEODORE | DIRECTOR Trustee or director | 2 | $0 | $0 |
| MARJORIE JACQUES THERMIDOR | DIRECTOR Trustee or director | 2 | $0 | $0 |
| JARELIS FONSECA | DIRECTOR Trustee or director | 2 | $0 | $0 |
| MARCUS MELLO | DIRECTOR Trustee or director | 2 | $0 | $0 |
| SILVANA DINKA | DIRECTOR (UNTIL 7/2024) Trustee or director | 2 | $0 | $0 |
| NANCY HOGAN | DIRECTOR (UNTIL 7/2024) Trustee or director | 2 | $0 | $0 |
4 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| EZRA HABER GLEN | DIRECTOR (UNTIL 3/2024) Trustee or director | 2 | $0 |
| MULUGETA ZEGEYE | DIRECTOR (UNTIL 3/2024) Trustee or director | 2 | $0 |
| ERIKA C JOHNSON ESQ | DIRECTOR (UNTIL 3/2024) Trustee or director | 2 | $0 |
| KATE KICHTER | DIRECTOR (UNTIL 3/2024) Trustee or director | 2 | $0 |
990 for the year ended December 31, 2023: 18 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| GONZALO PUIGBO | CEO Officer | 36 | $164,800 | $3,880 |
| LAUREL RENEE TAYLOR | DIRECTOR OF COMMUNITY PROGRAMS Highest-paid employee | 36 | $110,210 | $8,776 |
| FRANNIE CHAN | CONTROLLER (UNTIL 7/31/24) Officer | 36 | $85,148 | $2,784 |
| IGNACIO CARDONA | PRESIDENT Trustee or director, Officer | 2 | $0 | $0 |
| JHENNY SAINT-SURIN | VICE PRESIDENT Trustee or director, Officer | 2 | $0 | $0 |
| JAVIER BELLINI | TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| SILVANA DINKA | CLERK Trustee or director, Officer | 2 | $0 | $0 |
| CASSANDRA ARNAUD | DIRECTOR Trustee or director | 2 | $0 | $0 |
| EZRA HABER GLEN | DIRECTOR Trustee or director | 2 | $0 | $0 |
| MICHELLE APIGIAN | DIRECTOR Trustee or director | 2 | $0 | $0 |
| NATACHA THEODORE | DIRECTOR Trustee or director | 2 | $0 | $0 |
| MARJORIE JACQUES THERMIDOR | DIRECTOR Trustee or director | 2 | $0 | $0 |
| MULUGETA ZEGEYE | DIRECTOR Trustee or director | 2 | $0 | $0 |
| NANCY HOGAN | DIRECTOR Trustee or director | 2 | $0 | $0 |
| JARELIS FONSECA | DIRECTOR Trustee or director | 2 | $0 | $0 |
| MARCUS MELLO | DIRECTOR Trustee or director | 2 | $0 | $0 |
| ERIKA C JOHNSON ESQ | DIRECTOR Trustee or director | 2 | $0 | $0 |
| KATE FICHTER | DIRECTOR Trustee or director | 2 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 337 SOMERVILLE AVENUE 2ND FLOOR, SOMERVILLE, MA 02143-2914
- Principal officer (990 for 2024)
- GONZALO PUIGBO, 337 SOMERVILLE AVENUE 2ND FLOOR, SOMERVILLE, MA 02143
- Signed the 990
- GONZALO PUIGBO, CHIEF EXECUTIVE OFFICER
- Phone
- (617) 776-5931
- Website
- WWW.SOMERVILLECDC.ORG
- Return prepared by
- AAFCPAS INC
Mission
THE SOMERVILLE COMMUNITY CORPORATION (SCC) IS A MEMBERSHIP ORGANIZATION THAT PROVIDES LEADERSHIP FOR SUSTAINING THE CITY OF SOMERVILLE AS A VIBRANT, DIVERSE AND TOLERANT COMMUNITY. WE OFFER SERVICES AND LEAD COMMUNITY ORGANIZING THAT SUPPORTS LOW- AND MODERATE-INCOME SOMERVILLE RESIDENTS IN THEIR EFFORTS TO ACHIEVE ECONOMIC SUSTAINABILITY AND INCREASE CIVIC PARTICIPATION.BUILDING ON OUR FIFTY YEARS OF HISTORY, TODAY WE ENVISION A SOMERVILLE WHERE FAMILIES AND INDIVIDUALS FROM MANY DIVERSE BACKGROUNDS AND CULTURES ENJOY EQUITABLE ACCESS TO SECURE HOUSING, JOBS, ECONOMIC STABILITY, AND OPPORTUNITIES FOR LEADERSHIP AND ACTIVE ENGAGEMENT.
Program accomplishments
- RENTAL PROGRAMS - SIX OF SCC'S RENTAL HOUSING DEVELOPMENTS ARE OWNED DIRECTLY BY SCC: THE 12 ONE AND TWO-BEDROOM UNITS AT 110 WALNUT STREET; THE 6 THREE-BEDROOOM UNITS AT 190 GILMAN STREET; THE 18 TWO, THREE AND FOUR BEDROOM UNITS AT 33 BOW STREET; THE 14 SINGLE ROOM OCCUPANCY UNITS ON SEWALL STREET; THE 42 UNITS AT LINDEN STREET APARTMENTS; AND THE 8 ONE AND TWO-BEDROOM UNITS AT 75 CROSS STREET. ALL OF SCC'S RENTAL PROPERTIES, INCLUDING 165 UNITS OWNED THROUGH LLC'S, ARE MANAGED BY WINGATE MANAGEMENT COMPANY, UNDER CONTRACT WITH SCC.Expenses $3,863,566 · revenue $3,460,322
- AFFORDABLE HOUSING REAL ESTATE DEVELOPMENTSCC OWNS AND OPERATES OVER 340 UNITS OF RENTAL HOUSING AND MORE THAN 9,000 SQUARE FEET OF COMMERCIAL SPACE COMPRISING FOUR COMMERCIAL UNITS, WHICH ARE LEASED TO A HEALTHCARE CLINIC, DENTIST, DAYCARE CENTER AND VARIETY STORE.THE 340 UNITS WERE DEVELOPED WITH LOW INCOME HOUSING TAX CREDIT EQUITY AND VARIOUS COMBINATIONS OF AFFORDABLE HOUSING FINANCING FROM THE COMMONWEALTH OF MASSACHUSETTS, THE CITY OF SOMERVILLE'S AFFORDABLE HOUSING TRUST AND COMMUNITY PRESERVATION ACT FUNDS AND FEDERAL RESOURCES SUCH AS MCKINNEY-VENTO HOMELESS ACT, AND HOME INVESTMENT PARTNERSHIP PROGRAM FUNDS.IN MAY 2023 SOMERVILLE COMMUNITY CORPORATION WITH ITS PARTNER POAH HAD A GROUNDBREAKING TO PRESERVE 80 UNITS AND BUILDING 80 NEW AFFORDABLE HOUSING UNITS. WE ALSO STARTED THE PRE-DEVELOPMENT PROCESS TO PRESERVE 61 UNITS AT BOW STREET AND LINDEN STREET APARTMENTS.Expenses $307,656 · revenue $924,883
- ECONOMIC OPPORTUNITYSCC'S FINANCIAL LITERACY, ASSET BUILDING, AND FIRST SOURCE CAREER COUNSELING HELP PEOPLE FIND GOOD JOBS, BUILD WEALTH, AND FIND FINANCIAL STABILITY. WE ALSO OFFER TRAINING IN DIGITAL LITERACY AND COMPUTER BASICS.THE FIRST SOURCE JOBS PROGRAM HELPS LOCAL JOB SEEKERS GAIN THE SKILLS THEY NEED TO ESTABLISH A CAREER PATHWAY RESULTING IN GOOD JOBS, CAREER GROWTH, AND ECONOMIC RESILIENCY. WE OFFER 1:1 CAREER COACHING, JOB READINESS TRAINING, ESL, AND COMPUTER LITERACY SUPPORT.OUR FINANCIAL LITERACY CLASSES HELP PEOPLE BETTER UNDERSTAND DEBT, BANKING, CREDIT, AND HOW TO SAVE. OUR POPULAR FIRST-TIME BUYER CLASSES HELP PEOPLE BETTER UNDERSTAND THE OFTEN-INTIMIDATING PROCESS OF SAVING FOR AND PURCHASING A HOME, AS WELL AS HOW TO ACCESS PROGRAMS THAT CAN MAKE DOING SO MORE ACCESSIBLE.IN 2023, WE SERVED:WORKFORCE DEVELOPMENT: 293JOB PLACEMENTS: 63FINANCIAL COACHING: 29HOMEBUYER GRADUATES: 237Expenses $928,749
- COMMUNITY ORGANIZING - SCC HELPS TO MAKE SOMERVILLE MORE LIVABLE, SUSTAINABLE, AND INCLUSIVE BY INCREASING AND DIVERSIFYING HOUSING OPTIONS, AS WELL AS ORGANIZING IN THE COMMUNITY AROUND AFFORDABLE HOUSING POLICIES. IN 2022, WE ORGANIZED AROUND THE FOLLOWING INITIATIVES:-WE CONTINUE TO SUPPORT THE REAL ESTATE TRANSFER FEE IN HOPES OF PASSING THIS LOCAL RULE PETITION THAT CAN PROVIDE AFFORDABLE HOUSING FUNDS TO THE CITY OF SOMERVILLE-WE HAVE SUPPORTED EFFORTS WITH THE CITY'S OFFICE OF HOUSING STABILITY TO PROVIDE AFFORDABLE HOUSING UNITS FOR THE NEWLY CREATED MUNICIPAL RENTAL VOUCHER PROGRAM.-WE CONTINUE TO ADD OUR NAME TO SUPPORT TOPA (TENANT'S OPPORTUNITY AND PROTECTION ACT)-WE CREATED A RESIDENT ADVISORY COMMITTEE THAT SUPPORTS THE VOICES OF OUR RESIDENTS BY MEETING BI-MONTHLY WITH STAFF AND BOARD MEMBERS TO DISCUSS ISSUES AROUND THEIR RESIDENCY WITH SCC.-ASSISTED 20+ RESIDENTS WITH OBTAINING RENTAL ASSISTANCEExpenses $9,386
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 23-7293380
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1974
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S200)
- Assets (IRS master file)
- $54,030,157
- Income (IRS master file)
- $6,347,603
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $5,814,242 | $5,735,861 | $54,030,157 | XML |
| 990 | December 2023 | $4,659,958 | $5,521,151 | $53,175,984 | XML |
| 990 | December 2022 | $4,494,144 | $5,552,334 | $52,165,073 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 23-7293380).
Questions about SOMERVILLE COMMUNITY CORPORATION INC
- What is the EIN of SOMERVILLE COMMUNITY CORPORATION INC?
- The employer identification number (EIN) of SOMERVILLE COMMUNITY CORPORATION INC is 23-7293380.
- Is SOMERVILLE COMMUNITY CORPORATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1974.
- Are donations to SOMERVILLE COMMUNITY CORPORATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does SOMERVILLE COMMUNITY CORPORATION INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of SOMERVILLE COMMUNITY CORPORATION INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did SOMERVILLE COMMUNITY CORPORATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of SOMERVILLE COMMUNITY CORPORATION INC?
- The 990 for the year ended December 31, 2024 names GONZALO PUIGBO.
- Who are the officers and directors of SOMERVILLE COMMUNITY CORPORATION INC?
- The 990 for the year ended December 31, 2024 lists 19 people; 3 received compensation from the organization, the highest $163,625 (GONZALO PUIGBO, CEO).
- How much revenue does SOMERVILLE COMMUNITY CORPORATION INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $5,814,242, expenses of $5,735,861 and total assets of $54,030,157 at year end.
Other nonprofits in SOMERVILLE
- MANAGED HEALTH RESOURCES INC EIN 04-3189108 · last filed 990 for 2024
- ALLIANCE FOR CLIMATE TRANSITION INC EIN 26-1281012 · last filed 990 for 2024
- UNION SQUARE MAIN STREETS INC EIN 20-1834007 · last filed 990 for 2024
- CULTUREHOUSE INCORPORATED EIN 84-2003390 · last filed 990 for 2025
- GROUNDWORK SOMERVILLE INC EIN 04-3537152 · last filed 990 for 2024
- EAST SOMERVILLE MAIN STREET INC EIN 20-8072173 · last filed 990 for 2025
- POPPORTUNITY INC EIN 88-0551019 · last filed 990-EZ for 2025
- PUBLIC PLANNING RESEARCH AND IMPLEMENTATION EIN 47-0899259 · last filed 990-EZ for 2025
All nonprofits in SOMERVILLE · Massachusetts · Community improvement and capacity building