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Asian Community Development Corporation
The Asian Community Development Corporation (ACDC) is a 501(c)(3) community development organization founded in 1987 with a focus on serving the Asian American community of Greater Boston. This organization is centered upon preserving the culture and revitalizing Boston's Chinatown. History The corporation began on May 29, 1987, in response to economic needs within the community. Programs ACDC runs a variety of programs for individuals and families living in the Greater Boston region as well as the traditional Chinatown neighborhood. The corporation's stated goal through these programs is to "foster new leadership and give low and moderate income residents the tools and resources they need to stabilize their housing which may include buying their homes, participating in the change and growth of their neighborhoods. and contributing more fully to economic and civic life throughout the region." These programs include Community Organizing and Planning, Youth Programs, Housing Counsel ...
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501(c)
A 501(c) organization is a nonprofit organization in the Law of the United States#Federal law, federal law of the United States according to Internal Revenue Code (26 U.S.C. § 501(c)) and is one of over 29 types of nonprofit organizations exempt from some Taxation in the United States, federal Income tax in the United States, income taxes. Sections 503 through 505 set out the requirements for obtaining such exemptions. Many states refer to Section 501(c) for definitions of organizations exempt from state taxation as well. 501(c) organizations can receive unlimited contributions from individuals, corporations, and Labor union, unions. For example, a nonprofit organization may be tax-exempt under section 501(c)(3) organization, 501(c)(3) if its primary activities are charitable, religious, educational, scientific, literary, testing for public safety, fostering amateur sports competition, or preventing cruelty to Child abuse, children or Animal cruelty, animals. Types According ...
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Greater Boston
Greater Boston is the metropolitan region of New England encompassing the municipality of Boston (the capital of the U.S. state of Massachusetts and the most populous city in New England) and its surrounding areas. The region forms the northern arc of the Northeast megalopolis, so Greater Boston means both a metropolitan statistical area (MSA) and a combined statistical area (CSA), which is broader. The MSA consists of most of the eastern third of Massachusetts, excluding the South Coast and Cape Cod; the CSA additionally includes the municipalities of Providence (capital of Rhode Island), Manchester (the largest city in the U.S. state of New Hampshire), Worcester (the second largest city in Massachusetts and in New England), the South Coast region, and Cape Cod. While the city of Boston covers and has 675,647 residents as of the 2020 census, the urbanization has extended well into surrounding areas and the CSA has a population of more than 8.4 million people, making it one of ...
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Chinatown, Boston
Chinatown, Boston (Cantonese: 唐人街; Jyutping: ''Tong4jan4gaai1'') is a neighborhood located in downtown Boston, Massachusetts. It is the only surviving historic ethnic Chinese enclave in New England since the demise of the Chinatowns in Providence, Rhode Island and Portland, Maine after the 1950s. Because of the high population of Asians and Asian Americans living in this area of Boston, there is an abundance of Chinese and Vietnamese restaurants located in Chinatown. It is one of the most densely populated residential areas in Boston and serves as the largest center of its East Asian and Southeast Asian cultural life. Chinatown borders the Boston Common, Downtown Crossing, the Washington Street Theatre District, Bay Village, the South End, and the Southeast Expressway/Massachusetts Turnpike. Boston's Chinatown is one of the largest Chinatowns outside of New York City. Demographics Because it is a gathering place and home to many immigrants, Chinatown has a diverse cultu ...
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Community Development
The United Nations defines community development as "a process where community members come together to take collective action and generate solutions to common problems." It is a broad concept, applied to the practices of civic leaders, activists, involved citizens, and professionals to improve various aspects of communities, typically aiming to build stronger and more resilient local communities. Community development is also understood as a professional discipline, and is defined by the International Association for Community Development as "a practice-based profession and an academic discipline that promotes participative democracy, sustainable development, rights, economic opportunity, equality and social justice, through the organisation, education and empowerment of people within their communities, whether these be of locality, identity or interest, in urban and rural settings". Community development seeks to empower individuals and groups of people with the skills they nee ...
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Affordable Housing
Affordable housing is housing which is deemed affordable to those with a household income at or below the median as rated by the national government or a local government by a recognized housing affordability index. Most of the literature on affordable housing refers to mortgages and a number of forms that exist along a continuum – from emergency homeless shelters, to transitional housing, to non-market rental (also known as social or subsidized housing), to formal and informal rental, indigenous housing, and ending with affordable home ownership. Housing choice is a response to an extremely complex set of economic, social, and psychological impulses. For example, some households may choose to spend more on housing because they feel they can afford to, while others may not have a choice. Definition and measurement There are several means of defining and measuring affordable housing. The definition and measurement may change in different nations, cities, or for specific pol ...
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Asian American
Asian Americans are Americans of Asian ancestry (including naturalized Americans who are immigrants from specific regions in Asia and descendants of such immigrants). Although this term had historically been used for all the indigenous peoples of the continent of Asia, the usage of the term "Asian" by the United States Census Bureau only includes people with origins or ancestry from the Far East, Southeast Asia, and the Indian subcontinent and excludes people with ethnic origins in certain parts of Asia, including West Asia who are now categorized as Middle Eastern Americans. The "Asian" census category includes people who indicate their race(s) on the census as "Asian" or reported entries such as "Chinese, Indian, Filipino, Vietnamese, Indonesian, Korean, Japanese, Pakistani, Malaysian, and Other Asian". In 2020, Americans who identified as Asian alone (19,886,049) or in combination with other races (4,114,949) made up 7.2% of the U.S. population. Chinese, Indian, and Filip ...
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Community Development
The United Nations defines community development as "a process where community members come together to take collective action and generate solutions to common problems." It is a broad concept, applied to the practices of civic leaders, activists, involved citizens, and professionals to improve various aspects of communities, typically aiming to build stronger and more resilient local communities. Community development is also understood as a professional discipline, and is defined by the International Association for Community Development as "a practice-based profession and an academic discipline that promotes participative democracy, sustainable development, rights, economic opportunity, equality and social justice, through the organisation, education and empowerment of people within their communities, whether these be of locality, identity or interest, in urban and rural settings". Community development seeks to empower individuals and groups of people with the skills they nee ...
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Real Estate Development
Real estate development, or property development, is a business process, encompassing activities that range from the renovation and re-lease of existing buildings to the purchase of raw Real Estate, land and the sale of developed land or parcels to others. Real estate developers are the people and companies who coordinate all of these activities, converting ideas from paper to real property. Real estate development is different from construction or Home construction, housebuilding, although many developers also manage the construction process or engage in housebuilding. Developers buy land, finance real estate deals, build or have builders build projects, develop projects in joint venture, create, imagine, control, and orchestrate the process of development from the beginning to end.New York Times, March 16, 1963, "Personality Boom is Loud for Louis Lesser" Developers usually take the greatest risk in the creation or renovation of real estate and receive the greatest rewards. Typ ...
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Non-profit Organizations Based In Boston
A nonprofit organization (NPO) or non-profit organisation, also known as a non-business entity, not-for-profit organization, or nonprofit institution, is a legal entity organized and operated for a collective, public or social benefit, in contrast with an entity that operates as a business aiming to generate a profit for its owners. A nonprofit is subject to the non-distribution constraint: any revenues that exceed expenses must be committed to the organization's purpose, not taken by private parties. An array of organizations are nonprofit, including some political organizations, schools, business associations, churches, social clubs, and consumer cooperatives. Nonprofit entities may seek approval from governments to be tax-exempt, and some may also qualify to receive tax-deductible contributions, but an entity may incorporate as a nonprofit entity without securing tax-exempt status. Key aspects of nonprofits are accountability, trustworthiness, honesty, and openness to eve ...
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Organizations Established In 1987
An organization or organisation (Commonwealth English; see spelling differences), is an entity—such as a company, an institution, or an association—comprising one or more people and having a particular purpose. The word is derived from the Greek word ''organon'', which means tool or instrument, musical instrument, and organ. Types There are a variety of legal types of organizations, including corporations, governments, non-governmental organizations, political organizations, international organizations, armed forces, charities, not-for-profit corporations, partnerships, cooperatives, and educational institutions, etc. A hybrid organization is a body that operates in both the public sector and the private sector simultaneously, fulfilling public duties and developing commercial market activities. A voluntary association is an organization consisting of volunteers. Such organizations may be able to operate without legal formalities, depending on jurisdiction, includin ...
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