South Boston Community Housing Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
SOUTH BOSTON NDC SEEKS TO IMPROVE THE QUALITY OF LIFE IN THE NEIGHBORHOOD BY PRESERVING AND CREATING AFFORDABLE HOUSING AND BY ADDRESSING ISSUES THAT AFFECT RESIDENT HEALTH AND THE LIVABILITY OF SOUTH BOSTON.SOUTH BOSTON NDC WAS ESTABLISHED TO:ENSURE THAT THE DEVELOPMENT AND USE OF AVAILABLE LAND MEETS THE DESIRES OF SOUTH BOSTON RESIDENTS AND PRESERVES AND IMPROVES THE RESIDENTIAL QUALITY OF SOUTH BOSTON'S NEIGHBORHOODS.PARTICIPATE IN PARTNERSHIPS WITH LOCAL HUMAN SERVICE PROVIDERS TO COORDINATE THE PROVISION OF AFFORDABLE HOUSING AND SERVICES.INCREASE THE PERMANENT JOB OPPORTUNITIES FOR SOUTH BOSTON RESIDENTS BY ENCOURAGING AND INITIATING ECONOMIC DEVELOPMENT PROJECTS.FOSTER AN ENVIRONMENT FREE OF PREJUDICE AND DISCRIMINATION IN SOUTH BOSTON SO THAT ALL RESIDENTS MAY ATTAIN PEACEFUL AND SAFE ENJOYMENT OF THEIR HOMES AND NEIGHBORHOOD.PARTICIPATE WITH SOUTH BOSTON BUSINESSES AND FINANCIAL INSTITUTIONS TO FACILITATE THE CREATION OF AFFORDABLE HOUSING AND JOB OPPORTUNITIES.
- Income
- $2.8 million
- Spending
- $2.3 million
- Spent on programs
- 84%
- Reserves
- 6.3 months of spending
- Largest source of income
- fees for its services, 85%
- Employees
- 13
- Volunteers
- 0
- Highest pay
- $104,000, executive director
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Good: 83 out of 100. Higher than 71% of charities in its peer group (housing, $1m to $10m).
Reserves
28 of 35Spendable reserves would cover 6.3 months of spending.
Debt
10 of 20It owes 48% of what it owns.
Living within its means
15 of 15Income exceeded spending by 18% of income.
Income trend
15 of 15Income rose 9% on the year before.
Spending floor
15 of 1584% of spending went to programs and raising each dollar of donations cost 18 cents.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Good: 87 out of 100. Higher than 47% of charities in its peer group (housing, $1m to $10m).
Independent board
25 of 258 of 8 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
0 of 5Reports no independent review process for its chief executive's pay.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- $2.0 million spent. MANAGEMENT OF AFFORDABLE HOUSING. THIS INVOLVES REHAB OF UNITS AS WELL AS RENTING AND MAINTAINING AFFORDABLE HOUSING.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since October 1989.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.