Ten Garofalo Street Corporation

Overview

The Ten Garofalo Street Corporation is a nonprofit organization based in East Boston, Massachusetts. It is designated as a 501(c)(3) organization, which allows donations to be tax-deductible. The corporation focuses on health-related charitable activities, specifically categorized under the National Taxonomy of Exempt Entities (NTEE) as supporting general and rehabilitative health services[1][4].

Financial Information

As of 2023, the Ten Garofalo Street Corporation reported a revenue of $143,000, primarily derived from program services. The organization's expenses were significantly higher, totaling $493,000. Its total assets were valued at approximately $9.77 million, while total liabilities stood at $11.5 million[1].

Governance

The corporation is led by a president and CEO, with Gregory Wilmot noted in this position as of December 1, 2021. Other positions include various directors without reported compensation[1].

Affiliations

The Ten Garofalo Street Corporation is affiliated with the East Boston Neighborhood Health Center Corporation, a larger entity in the health service sector[3].

Ratings

The organization has been rated by Charity Navigator, receiving a 3 out of 4 stars, reflecting its transparency and operational efficiency[5].

Purpose

The main purpose of the Ten Garofalo Street Corporation is to support charitable health initiatives, aligning with its status as a 501(c)(3) nonprofit organization. This designation enables it to pursue its mission within the framework of charitable activities under U.S. tax laws[4].