Building Futures Inc
Donations deductibleRevenue
$2.6m
year to 31 March 2025
Expenses
$1.9m
year to 31 March 2025
Total assets
$29.1m
$17.8m liabilities
Net assets
$11.3m
assets less liabilities
Directors and trustees
5
5.4 years on average
Staff
0
employees, year to 31 March 2025
Chair observed
≥4 yrs
Joseph Carlson
Left since last filing
0
no seats appear to have opened
Building Futures Inc's network
5 people4 organisationsi5 people and 4 organisations on this map.The large node is the subject of this page. Solid lines are what the register itself records (5). Violet dotted lines (4) are likely: the same full name sits on the current board of another organisation in the same register and region. Form 990 filings give names without a person identifier; SEC insider filings carry a CIK. It may be a different person.The board
5 listediTime on the board is observed from the annual filings: the IRS files no appointment date, so the bar counts years from the first filing the person appears on - a lower bound, not a filed start date. Names are exactly as filed. The IRS publishes no person identifier, so this edition does not yet link a person across organisations in the tables. The network map shows same-name matches as likely links only, never as confirmed.Time served and departures are observed across annual filings. Observed time served is a lower bound - a member may have joined before the first year on record. The organisation reported 5 voting members of its governing body on its latest Form 990 Part VI, which matches the board listed here.| Name | Role as filed | Since | On the board |
|---|---|---|---|
| Joseph Carlson Chair | Chairman | 2021 | 5 yrs |
| Jose Ramos | Treasurer | 2021 | 5 yrs |
| Joseph Capone (also filed as Joe Capone) | Vice Chairman | 2021 | 5 yrs |
| Rane Bracey-Westbrook | Director | 2021 | 5 yrs |
| William Eddy | Clerk/Secretary | 2021 | 5 yrs |
Under 5 years5 to 6 years6 years or more
Officers and senior leadership
8 listediNamed in Part VII as officers, key employees or highest-compensated staff - not board members, shown for completeness.| Name | Title as filed | On the filings |
|---|---|---|
| Alex Corrales | Wha CEO | since 2021 |
| Erin Jansky | Chief Employee Experience Officer | 2022 |
| Esteban Alvarez | Chief Facilities Officer | since 2022 |
| Michael Murphy | Director of Administration | since 2023 |
| Nancy Jones | WHA Deputy Director of Compliance | 2021 |
| Peter Fifield | Wha CFO | since 2021 |
| Peter Proulx | WHA Assistant CEO | since 2021 |
| Phaldie Taliep | WHA VP of RCAT | 2021 |
Pay and hours
year to 31 March 2025iFrom Part VII of the Form 990: compensation reported for each officer, director, trustee, key employee and highest-paid staff member, and the average hours a week they report. Most board members are unpaid; a blank means nothing was reported. Pay from related organisations is shown separately.| Name | Title as filed | Hours a week | Pay from the organisation | Related organisations | Other |
|---|---|---|---|---|---|
| Alex Corrales | Wha CEO | 0 | $0 | $271k | $145k |
| Peter Proulx | WHA Assistant CEO | 0 | $0 | $221k | $118k |
| Peter Fifield | Wha CFO | 0 | $0 | $172k | $91k |
| Esteban Alvarez | Chief Facilities Officer | 0 | $0 | $167k | $89k |
| Michael Murphy | Director of Administration | 0 | $0 | $157k | $84k |
| Joseph Carlson | Chairman | 1 | $0 | $8k | $120 |
| Joseph Capone | Vice Chairman | 1 | $0 | $8k | $116 |
| Jose Ramos | Treasurer | 1 | $0 | $8k | $116 |
| William Eddy | Clerk/Secretary | 1 | $0 | $8k | $116 |
| Rane Bracey-Westbrook | Director | 1 | $0 | $8k | $116 |
About
- Legal name
- Building Futures Inc
- EIN
- 010628266
- Address
- 630a Plantation St, Worcester, MA, 01605-2038
- State
- Massachusetts
- Mission
- Building Futures, Inc. provides safe, affordable, and quality housing opportunities in Worcester, MA for low-income individuals and families. It aims to transform the lives of public housing or rent subsidized residents with no cost to affordable programs that provide educational, training, and employment skills necessary to achieve social and economic self-sufficiency. (as filed on the Form 990)
- Activity (NTEE)
- P20 Human services
- IRS classification
- 501(c)03 (tax-exempt under section 501(c)(3) where shown)
- Classified purpose
- Human Services
- Size band
- 8 (IRS master file code)
- Formed
- 2017
- Principal officer
- Joseph Carlson (as named on the Form 990)
- IRS ruling date
- 1 May 2017
- Status
- Code 01 (unconditional exemption)
- Form 990 filings on record
- 5, latest 2025
- IRS Publication 78
- PC (contributions deductible)
Most connected
Longest observed on the filings
≥5years on the filingsJoseph Carlson
≥5years on the filingsJose Ramos
≥5years on the filingsJoseph Capone
≥5years on the filingsRane Bracey-Westbrook
Latest return
year to 31 March 2025iFigures from the newest Form 990 or 990-EZ in the IRS e-file releases of 2025 and 2026, for the year ending 31 March 2025. US dollars, as filed.- Total assets
- $29.1m
- Total liabilities
- $17.8m
- Net assets or fund balances
- $11.3m
- Contributions and grants received
- $352k
- Program service revenue
- $0
- Employees
- 0
Filed finances
1 yeariTotals as filed on the IRS Form 990 (revenue and expenses), by tax year.| Tax year | Total revenue | Total expenses | Surplus or deficit |
|---|---|---|---|
| 2023 | $1.5m | $1.3m | $237k |
As filed on the IRS Form 990. US dollars.