THE NEIGHBORHOOD DEVELOPERS INC

CHELSEA, MA, 02150-2907 (617) 889-1375 Est. 1978 EIN 04-2660283
L200— Housing & Shelter Form 990 501(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
29
Total Giving
$1.6M
Recipients
25
Years Active
2018 - 2024
Avg grant: $55,647 Median: $40,000

Yearly Trends

YearGrantsTotal Giving Avg GrantNewRepeat
20243$253K $84K03
20238$449K $56K13
20228$374K $47K53
20206$350K $58K42
20184$130K $32K40

Sectors Funded

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

Top States

Massachusetts
28
Michigan
1

Grantee Size Profile

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

Top Grantees

and 6 more grantees

Grants Awarded · 26 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 Form 990$11,543,347 $8,949,973$14,105,377
2023 Form 990$8,309,577 $8,665,749$11,512,003
2023 Form 990$8,309,577 $8,665,749$11,512,003
2022 Form 990$9,918,440 $9,032,159$11,868,175
2020 Form 990$6,003,796 $5,855,525$10,269,321
2018 Form 990$3,961,374 $3,989,274$9,626,392

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