About
The Community Builders (TCB) is a nonprofit real estate developer and owner headquartered in Boston, Massachusetts, whose mission is to build and sustain strong communities where all people can thrive. Founded in 1964, TCB develops, owns, and manages affordable and mixed-income housing, pairing high-quality homes with resident services that connect people to resources and opportunity. The organization works across five regions — New England, Mid-Atlantic, Midwest, Great Lakes, and NY/NJ — with offices in Boston, Washington, DC, Chicago, Columbus, and New York City.
Mission
TCB's stated mission is "to build and sustain strong communities where all people can thrive." The organization describes itself as mission-driven, advancing fair housing through award-winning affordable and mixed-income communities.
What they do
- Residential and commercial development: building high-quality homes for families, seniors, and people with disabilities, alongside neighborhood commercial investments.
- Property and asset management: TCB owns and manages its portfolio directly, keeping housing affordable while revitalizing neighborhoods.
- Community Life: TCB's resident-led services model, focused on early education, economic mobility, youth development, and neighborhood investment, with initiatives spanning childcare access, food security, and digital access.
- Neighborhood investment: including investments in minority-owned businesses and connecting residents with resources and services.
History
The Community Builders was founded in 1964. The IRS recognized the organization as a 501(c)(3) tax-exempt nonprofit in June 1964, and it has grown from its Boston roots into one of the largest nonprofit developers of affordable and mixed-income housing in the United States, operating today across five regions of the country.
Scale and impact
According to the organization, TCB has completed more than 36,000 apartment homes since 1964 and currently owns and manages over 14,000 apartment homes across its five-region footprint.
Financials
According to its IRS Form 990 data on ProPublica Nonprofit Explorer (fiscal year ending December 2024), The Community Builders reported total revenue of $109,164,258, total expenses of $101,394,150, and total assets of $240,157,467. Most revenue came from program services (76.9 percent), with contributions accounting for 16.2 percent.
Governance
The organization is led by President and CEO Bart Mitchell. The board of directors is chaired by Richard High, with Monica Warren-Jones serving as vice chair, and senior executives oversee real estate development, property management, Community Life, finance, and regional operations.