Cambridge Affordable Housing Corp
The organization's mission is to provide management and supporting services for related organizations which own and operate low-income housing units for qualified individuals in the city of cambridge, ma.
Cambridge Affordable Housing Corp at a glance
In short: Cambridge Affordable Housing Corp gave $178K across 1 grant in 2024 (avg $178K), mostly in Massachusetts. Source: 2024 IRS Form 990.
- Annual giving (2024)
- $177,945
- +68.2% vs 2023
- Grants made (2024)
- 1
- +0.0% vs 2023
- Average grant
- $177,945
- +68.2% vs 2023
- Median grant
- $177,945
- Total assets
- $101,385,189
- -19.1% vs 2023
- Primary geography
- Massachusetts (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990, 2024 View filing
Data from IRS Form 990, 2024; updated September 2026.
Who Cambridge Affordable Housing Corp funds
How this funder distributes its grants
Top Recipients
Top recipient in 2024
The largest 2024 recipient was Cambridge Housing Authority ($178K).
Grant Size Distribution
7 grants across all recorded years
The most common grant size was in the $100–250K range: 3 grants of 7 (43%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2024 grant dollars on its one itemized grant.
States
Cities
How Cambridge Affordable Housing Corp gives
- Giving fell 67% from 2021 to 2024. Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $106K (2023) to $561K (2020). In 2024 it made 1 grant totaling $178K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Cambridge Housing Authority Cambridge, MA | Resident Services Workforce Program | $177,945 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2024 | $101,385,189 | $7,615,379 | $8,887,369 | $177,945 | 1 | $4,978 |
| 2023 | $125,323,621 | $7,616,334 | $9,370,467 | $105,772 | 1 | $4,895 |
| 2022 | $123,208,985 | $10,017,577 | $11,729,737 | $256,975 | 3 | $2,921 |
| 2021 | $128,682,054 | $13,147,216 | $14,174,942 | $542,312 | 1 | $156,392 |
| 2020 | $114,569,959 | $9,682,880 | $12,123,841 | $561,099 | 1 | $-644,910 |
About Cambridge Affordable Housing Corp
Based on IRS filings
Cambridge Affordable Housing Corp is a public charity focused on Housing & Shelter, based in Cambridge, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $101.4M in total assets. In 2024, it awarded 1 grant totaling $178K. Net investment income was $5K.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
Cambridge Affordable Housing Corp is led by Elaine Derosa, President since 2021 (on filings since 2020); none of the 17 officers listed in 2024 report compensation.
Officers on the 2024 filing
Elaine Derosa
President
Chair → President, 2021
On filings since 2020
1 hr/week
No compensation reported
Victoria Bergland
Director
Vice President → Director, 2021
On filings since 2020
1 hr/week
No compensation reported
Kevin J. Braga
Director of Operations
On filings since 2021
1 hr/week
No compensation reported
Louis Bacci III
Director
Vice President → Director, 2024
On filings since 2021
1 hr/week
No compensation reported
John Lindamood
Director of Resident Servi
Director of Resident Services → Director of Resident Servi, 2024
On filings since 2023
1 hr/week
No compensation reported
Clara Fraden
Director of Planning
New on the 2024 filing
1 hr/week
No compensation reported
Goran Smiljic
Director of Construction
New on the 2024 filing
1 hr/week
No compensation reported
Robert Kelsey
Director of Human Resources
New on the 2024 filing
1 hr/week
No compensation reported
Susan Marie Nohl
Director of Leased Housing
New on the 2024 filing
1 hr/week
No compensation reported
Brenda Snowden Downing
Deputy Executive Director
On filings since 2020
1 hr/week
No compensation reported
Gerald J. Clark
Treasurer
On filings since 2020
1 hr/week
No compensation reported
John Filip
Chief Financial Officer
On filings since 2020
1 hr/week
No compensation reported
Margaret Donnelly-Moran
Deputy Executive Director
Director of Planning & Development → Deputy Executive Director of Development, 2023
Deputy Executive Director of Development → Deputy Executive Director, 2024
On filings since 2020
1 hr/week
No compensation reported
Michael J. Johnston
Clerk
On filings since 2020
1 hr/week
No compensation reported
Susan T. Connelly
Vice President
Director → Vice President, 2024
On filings since 2020
1 hr/week
No compensation reported
Joe Dimambro
Deputy Fiscal Director
On filings since 2023
1 hr/week
No compensation reported
Shayla Simmons
General Counsel
New on the 2024 filing
1 hr/week
No compensation reported
Former officers (3)
- Former: Hannah M. Bolcome (2021–2022) — Director of Leased Housing
- Former: Luis Bacci (2020) — Director
- Former: Susan Cohen (2020) — General Counsel
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Cambridge Affordable Housing Corp
How much does Cambridge Affordable Housing Corp give each year?
Cambridge Affordable Housing Corp gave $178K across 1 grant in 2024, according to its 2024 IRS Form 990. In 2023 it gave $106K across 1 grant.
How large is Cambridge Affordable Housing Corp?
Cambridge Affordable Housing Corp reported $101.4M in total assets on its 2024 IRS Form 990. Its revenue that year was $7.6M.
What is Cambridge Affordable Housing Corp?
Cambridge Affordable Housing Corp is a public charity focused on Housing & Shelter, based in Cambridge, MA. It holds $101.4M in total assets as of 2024.
Where does Cambridge Affordable Housing Corp operate?
Cambridge Affordable Housing Corp has awarded grants in Massachusetts.
What is Cambridge Affordable Housing Corp's EIN?
Cambridge Affordable Housing Corp's EIN (Employer Identification Number) is 22-3026442. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS November 15, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS November 13, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS November 14, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS November 12, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS November 7, 2025)
- IRS filings on file for fiscal years 2020–2024
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