Community Builders Charitable Trust
Public records show a registered, tax-exempt organization in good standing.
What it says it does
LOW INCOME HOUSING
- Income
- $0
- Spending
- $1,320
- Spent on programs
- 5%
- Employees
- 0
- Volunteers
- 1
- Highest pay
- $303,058, trustee
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
We do not score finances when yearly spending is very small or the return has too little detail. The ratios stop meaning much at that size.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Weak: 35 out of 100. Higher than 14% of charities in its peer group (philanthropy, under $250k).
Independent board
5 of 251 of 3 voting board members are independent.
Conflict of interest policy
0 of 15Reports no written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
0 of 7Reports no 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.
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)
- $70 spent. THIS TRUST HAS BEEN ORGANIZED AND SHALL AT ALL TIMES BE OPERATED EXCLUSIVELY FOR THE BENEFIT OF, TO PERFORM THE FUNCTIONS OF AND TO CARRY OUT THE PURPOSES OF THE COMMUNITY BUILDERS, INC., FORMERLY KNOWN AS GREATER BOSTON COMMUNITY DEVELOPMENT, INC., A CHARITABLE CORPORATION INCORPORATED UNDER CHAPTER 180 OF THE MASSACHUSETTS GENERAL LAWS AND MEETING THE CLASSIFICATIONS OF SECTION 501 (C) (3) AND 170 (B) (1) (A) (VI) OF THE INTERNAL REVENUE CODE OF 1986. MORE SPECIFICALLY, THE PURPOSES FOR WHICH THIS TRUST IS ORGANIZED AND OPERATED ARE TO AID IN THE ACQUISITION, IMPROVEMENT (THROUGH REHABILITATION, NEW CONSTRUCTION OR OTHERWISE) AND MAKING AVAILABLE AT THE LOWEST POSSIBLE COST TO PERSON AND FAMILIES WITH LOW INCOME OF EVERY RACE, RELIGION AND NATIONALITY, OF HOUSING IN THE GREATER BOSTON METROPOLITAN AREA ELSEWHERE IN MASSACHUSETTS AND ELSEWHERE IN THE U.S., AND TO STIMULATE, BY EXAMPLE OR OTHERWISE, THE RENOVATION OR IMPROVEMENT OF PROPERTIES IN THE GREATER BOSTON METROPOLITAN AREA, ELSEWHERE IN MASSACHUSETTS AND ELSEWHERE IN THE U.S. AND GENERALLY TO PROMOTE NEIGHBORHOOD IMPROVEMENT FOR THE BENEFIT OF PERSONS OF LIMITED MEANS WHO DESIRE TO LIVE AND RAISE THEIR FAMILIES AND TO ENJOY SAFE, SANITARY AND ATTRACTIVE HOMES IN THE UNITED STATES. IN FURTHERANCE OF, AND IN ADDITION TO, THE PRIMARY PURPOSES OF TRUSTEES SHALL HAVE THE FOLLOWING POWERS:1. TO MAKE OUTRIGHT GRANTS OR LOANS OF ALL OR ANY PART OF THEIR FUNDS OR PROPERTY, WITH OR WITHOUT INTEREST, SECURED OR UNSECURED, IN FURTHERANCE OF OR IN CONNECTION WITH THE OBJECTIVES OF THE TRUST AND THE COMMUNITY BUILDERS, INC. FOR EXAMPLE, GRANTS OR LOANS MAY BE MADE TO PAY FOR LEGAL AID, ARCHITECTURAL FEES, LAND OPTIONS, PRELIMINARY ENGINEERING COSTS, VARIOUS OPERATION FEES TO THE DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT OR THE MASSACHUSETTS HOUSING FINANCE AGENCY AND OTHER INITIAL COSTS WHICH MUST BE ADVANCED PRIOR TO THE RECEIPT OF MORTGAGE OR EQUITY FINANCING IN CONNECTION WITH THE DEVELOPMENT OR REDEVELOPMENT OF PROPERTY IN FURTHERANCE OF THE OBJECTIVES OF THE TRUST AND THE COMMUNITY BUILDERS, INC.2. TO ACT AS A CLEARING HOUSE FOR TECHNICAL INFORMATION AND SPECIFIC PROJECTS AND PLANS AND THEREBY HELP NEIGHBORHOOD LEADERS, RESIDENTS AND INSTITUTIONS IN OBTAINING AND UTILIZING (I) THE FINANCIAL BACKING OF INDIVIDUALS, CHARITABLE TRUSTS AND INSTITUTIONS, (II) THE ADVICE OF EXPERTS IN THE REAL ESTATE, BANKING AND CONSTRUCTION FIELDS AND (III) SUPPORT FROM COMMUNITY LEADERS AND GOVERNMENT AGENCIES AND OFFICIALS; SURVEYS AND DEMONSTRATION PLANS LEADING TO EFFECTIVE HOUSING IMPROVEMENT AND CONSTRUCTION PROGRAMS DIRECTED TOWARD THE ACHIEVEMENT OF THE GOALS OF THE TRUST AND THE COMMUNITY BUILDERS, INC. TO BE CARRIED OUT BY PRIVATE OR PUBLIC INSTITUTIONS AND AGENCIES.3. TO PAY INCOME AND PRINCIPAL TO THE COMMUNITY BUILDERS, INC. FOR ITS GENERAL CORPORATE PURPOSES;4. TO SOLICIT, RECEIVE AND ACQUIRE BY PURCHASE, GIFT DEVISE, BEQUEST, LEASE OR IN ANY OTHER MANNER, TO OWN, HOLD, RISE, MAINTAIN, IMPROVE AND OPERATE, AND TO SELL, LEASE, CONVEY AND OTHERWISE DISPOSE OF ANY MONEY OR OTHER PROPERTY, REAL OR PERSONAL, IN FURTHERANCE OF ANY OF THE FOREGOING CHARITABLE PURPOSES; 5. NO PART OF THE TRUST PROPERTY OR THE NET EARNINGS FROM IT SHALL INURE TO BE BENEFIT OF ANY PRIVATE SHAREHOLDER OR INDIVIDUAL AND NO SUBSTANTIAL PART OF THE ACTIVITIES OF THIS TRUST OR ITS TRUSTEES IN THEIR CAPACITY AS SUCH TRUSTEES SHALL CONSIST OF CARRYING ON PROPAGANDA, OR OTHERWISE ATTEMPTING TO INFLUENCE LEGISLATION, OR OF PARTICIPATING IN OR INTERVENING IN (INCLUDING THE PUBLISHING OR DISTRIBUTION OF STATEMENTS), AND POLITICAL CAMPAIGN ON BEHALF OF ANY CANDIDATE FOR PUBLIC OFFICE. ANY OTHER PROVISION HEREIN CONTAINED NOT WITHSTANDING IF THE TRUST SHALL EVER BE CLASSIFIED AS A PRIVATE FOUNDATION UNDER SECTION 509 THEN (1) THE TRUSTEES SHALL DISTRIBUTE SUCH AMOUNTS OF INCOME, AND PRINCIPAL IF NECESSARY, FOR EACH TAXABLE YEAR AT SUCH AMOUNTS OF INCOME, AND PRINCIPAL IF NECESSARY, FOR EACH TAXABLE YEAR AT SUCH TIME AND IN SUCH MANNER AS NOT TO BECOME SUBJECT TO THE TAX ON UNDISTRIBUTED INCOME IMPOSED BY SECTION 4942 AND (2) THE TRUSTEES ARE PROHIBITED FROM ENGAGING IN ANY ACT OR SELF-DEALING AS DEFINED IN SECTION 4941, FROM RETAINING ANY EXCESS BUSINESS HOLDINGS AS DEFINED IN SECTION 4943, FROM MAKING ANY INVESTMENT IN SUCH MANNER AS TO SUBJECT THIS TRUST TO TAX UNDER SECTION 4944 RELATING TO INVESTMENTS WHICH JEOPARDIZE THE CARRYING OUT OF CHARITABLE PURPOSES, AND FROM MAKING ANY TAXABLE EXPENDITURES AS DEFINED SECTION 4945.
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 December 1975.
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.