THE NEIGHBORHOOD DEVELOPERS INC

CHELSEA, MA, 02150-2907 (617) 889-1375 Est. 1978 EIN 04-2660283
L200 - Housing & Shelter 990 - Public charity return 501(c)(3)
www.theneighborhooddevelopers.org

Mission

THE MISSION OF THE NEIGHBORHOOD DEVELOPERS, INC (TND) IS TO CREATE STRONG NEIGHBORHOODS ENABLING COMMUNITY MEMBERS TO SECURE A STABLE HOME, ACHIEVE ECONOMIC MOBILITY, AND DETERMINE THEIR OWN FUTURE. TND EMPLOYS FOUR INVESTMENT STRATEGIES TO BUILD STRONG AND JUST NEIGHBORHOODS: REAL ESTATE DEVELOPMENT TO EXPAND AFFORDABLE HOUSING INVENTORY AND BUILD EQUITABLE NEIGHBORHOODS; COMMUNITY BUILDING TO FOSTER LEADERSHIP DEVELOPMENT IN ORGANIZING FOR SELF ADVOCACY; FINANCIAL CAPABILITIES AND WORKFORCE DEVELOPMENT TO INCREASE FAMILY PROSPERITY, DELIVERED IN COLLABORATION WITH OUR CONNECT PARTNERS; AND RESIDENT SERVICES, SO THAT THE RESIDENTS OF TND PROPERTIES SUCCEED AT HOME, SCHOOL, WORK AND IN THE COMMUNITY

Giving Portfolio

Total Grants
33
Total Giving
$1.7M
Recipients
28
Years Active
2018 - 2024
Avg grant: $52,783 Median: $40,000

Yearly Trends

YearGrantsTotal Giving Avg GrantNewRepeat
20244$283K $71K04
202310$553K $55K14
20229$424K $47K63
20206$350K $58K42
20184$130K $32K40

Sectors Funded

Human Services
5
Education
5
Arts, Culture & Humanities
4
Housing & Shelter
2
Health Care
2
Environment
2
Community Improvement
2
Philanthropy & Grantmaking
2
and 1 more sectors

Top States

Massachusetts
32
Michigan
1

Grantee Size Profile

$10M - $50M
8
$100K - $500K
5
$500K - $1M
4
$1M - $5M
3
Over $50M
2
$5M - $10M
1

Top Grantees

Page 1 of 2

Grants Awarded · 30 grants

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Financials

Total Revenue
$11,543,347
Total Expenses
$8,949,973
Net Assets
$14,105,377
31 employees 112 volunteers
From latest filing (tax period ending 2024-12-31)

Financial Health

Operating Reserve
18.9 months Healthy
Net assets / monthly expenses
Year-over-Year Change
Revenue ↑ 38.9%
Expenses ↑ 3.3%
Revenue Sources
Contributions 49.8% Earned revenue 42.8% Investment 7.4%
Expense Breakdown
Program 72.1% Management 20.1% Fundraising 7.8%

Officers & Trustees (15)

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Filing History (6 filings)

YearRevenueExpensesNet Assets
2024 990 - Public charity return
Jan 1, 2024 to Dec 31, 2024
$11,543,347 ↑$8,949,973$14,105,377
2023 990 - Public charity return
Jan 1, 2023 to Dec 31, 2023
$8,309,577 $8,665,749$11,512,003
2023 990 - Public charity return
Jan 1, 2023 to Dec 31, 2023
$8,309,577 ↓$8,665,749$11,512,003
2022 990 - Public charity return
Jan 1, 2022 to Dec 31, 2022
$9,918,440 ↑$9,032,159$11,868,175
2020 990 - Public charity return
Jan 1, 2020 to Dec 31, 2020
$6,003,796 ↑$5,855,525$10,269,321
2018 990 - Public charity return
Jan 1, 2018 to Dec 31, 2018
$3,961,374 $3,989,274$9,626,392

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EIN: 04-2660283 · Source: IRS Form 990 e-file data