WESTFIELD 202 INC % THE COMMUNITY BUILDERS INC

EIN: 043460631 501(c)(3) Housing & Shelter

BOSTON, MA

Total Revenue
$479,160
Total Expenses
$610,947
Total Assets
$2,640,754
Net Assets
$2,063,403
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1999
Legal Domicile
MA
Principal Officer
THOMAS BUONOPANE
Phone
8572218600
Tax Period
2024-07-01 to 2025-06-30

WESTFIELD 202 INC % THE COMMUNITY BUILDERS INC, founded in 1999, is a small nonprofit in the Housing & Shelter sector that reported $479K in total revenue in fiscal year 2024. Expenses of $611K exceeded revenue, resulting in a 28% operating deficit.

Mission

WESTFIELD 202, INC.'S PRIMARY PURPOSE IS TO PROVIDE ELDERLY PERSONS OF LOW AND VERY LOW INCOME WITH HOUSING FACILITIES AND SERVICES SPECIFICALLY DESIGNED TO MEET THEIR NEEDS.

Program Service Accomplishments

Program 1
Expenses: $563,207 Revenue: $215,364

WESTFIELD 202, INC. PROVIDED 46 UNITS OF RESIDENTIAL HOUSING AND SUPPORT SERVICES TO LOW AND VERY LOW INCOME ELDERLY PERSONS IN WESTFIELD, MASSACHUSETTS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $263,368
Program Service Revenue $212,868
Investment Income $428
Other Revenue $2,496
TOTAL REVENUE $479,160

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $563,207
Other Expenses $610,947
TOTAL EXPENSES $610,947

Year-over-Year Comparison

2024 2023 Change
Revenue $479,160 $472,261 +0.0%
Expenses $610,947 $624,453 0.0%
Net Income $-131,787 $-152,192 -0.1%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Governance

Voting Members
2
Independent Members
N/A
Employees
N/A
Volunteers
N/A

Governance Policies

✓ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
2
$594,623
Total Directors
2
$594,623
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
THOMAS BUONOPANE DIRECTOR, PRESIDENT 0.10
Officer Director
$0 $44,553 $291,565
D MORGAN WILSON DIR.,TREASURER & CLERK 0.10
Officer Director
$0 $45,315 $303,058
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $479,160 $610,947 $2,640,754 $-131,787
2024 No data No data No data No data
2023 $478,385 $594,098 $2,929,733 $-115,713
2022 $475,136 $698,236 $3,039,210 $-223,100
2021 $482,563 $725,597 $3,297,185 $-243,034
2020 $480,825 $625,368 $3,507,828 $-144,543
2019 $497,806 $603,092 $3,664,936 $-105,286
2018 $473,411 $587,366 $3,804,261 $-113,955
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