Location: Worcester,MA, USA
Worcester Community Housing Resources
Seeks Executive Director
About WCHR
Worcester Community Housing Resources, Inc. (WCHR), formed in 1985, is a not-for-profit organization whose mission is to create and preserve affordable housing opportunities for low and moderate-income households and to initiate and support neighborhood revitalization throughout Worcester County. WCHR focuses on historically underserved populations, including individuals facing poverty, homelessness, substance abuse, mental illness, and domestic violence. We fulfill our mission through community lending, new construction, redevelopment, rehabilitation and management of affordable housing, including family apartments, group homes, single room lodging, and elderly assisted-living facilities.
Current construction projects include 50 Oriol Drive, Worcester (90 units of permanent supportive housing being created from a former hotel), Whitmarsh Center (revitalization of a church campus into a multi-use, fully accessible center with a residence, emergency shelter beds and offices for WCHR), and a Tiny Home Village (an innovative project providing a Housing First setting for individuals experiencing homelessness). Ongoing work includes our receiverships and management and upgrades of WCHR's portfolio. Upcoming projects include 15-20 townhouses in Fitchburg to be newly constructed for low to moderate-income families, a 48-unit senior housing project in Grafton, and a rehabilitation project for grandparents raising their grandchildren in Worcester.
The WCHR Community Loan Fund is a pool of nearly $4 million in contributions and capital investments that provides low-interest financing to homeowners who need assistance with significant home repairs and to individuals and organizations who develop affordable housing. To date, WCHR has awarded 640 loans and grants to Worcester County residents, with a total of $23 million invested back into the community. Since the Community Loan Fund's inception, our investors and contributors have seen a 100% return on their investments with WCHR.
WCHR regularly assesses community housing and financial needs to guide future projects. As we continue our mission, we collaborate with and seek to expand partnerships that can help meet unmet needs and expedite project completions. Our efforts are driven by input from municipal governments, service organizations, and commissioned research, all highlighting the need for WCHR's programs in Worcester County.
WCHR continues to enjoy a solid financial portfolio; it manages an annual operating budget of $5.5M with $20M in operational assets, $15M of assets in the process of development, and $4M in the loan fund. It is overseen by an active board of directors comprised of 15 professionals in banking/wealth management, real estate, philanthropy, and insurance. WCHR's staff has grown to 13 professionals, some long-standing, who cover administration, real estate development, property management, and lending.
Opportunity Going Forward
The Executive Director will have the opportunity to lead a well-established, highly respected, financially stable and influential organization. Reporting to WCHR's Board of Directors, the Executive Director has overall fiscal, strategic, and operational responsibility for staff, programs, opportunity, and impact. Understanding that WCHR operates as a small, lean organization, priorities for the next leader include:
Profile of the Ideal Candidate
WCHR is seeking an Executive Director who is a seasoned organizational leader who will demonstrate many of the attributes, skills, and experiences listed below, and who will be capable of leading an organization of WCHR's size and scope. While we understand that candidates may not have all these qualities, if you meet many and are passionate about our mission, we encourage you to apply.
Visionary and Knowledgeable Executive
Community Bridge Builder
Fundraising & Financial Acumen
Facilitative, Authentic, and Open Leader
A Seasoned Executive Manager
Desired Credentials
Compensation and Benefits
This is a full-time, salaried, exempt position with a starting salary range of $155,000 - $170,000. Group benefits include medical coverage (100% of individual coverage, 80% for family coverage), dental insurance, life insurance. WCHR also offers 12 paid holidays, a 401K retirement plan, and 20 days of vacation.
Application Process and Additional Information
WCHR provides equal employment opportunities to all applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws. Women, minorities, individuals with disabilities, and veterans are encouraged to apply.
Candidates must include a resume and a cover letter, both in PDF format, which describe how qualifications and experience match the needs and mission of WCHR. Applications will be accepted until the position is filled. Upload required documents to: .
This executive search is being conducted by Eos Transition Partners consultant, Nancy Jackson. All submissions will be acknowledged and are confidential, and any questions can be submitted to Nancy at: ...@eostransitions.com.
#J-18808-Ljbffr