Mission
To develop, own, and operate affordable housing for low and moderate income persons and families in Lowell, Massachusetts, and other communities in Northern Massachusetts.
Public Charity
Common Ground Development Corporation
Common Ground Development Corporation is a nonprofit organization categorized as Public Charity based in Lowell, MA. Its most recent IRS filing (2025) reports revenue of $3.2M, expenses of $665K, total assets of $7.7M.
EIN: 030494844
Lowell, MA
Low-Income & Subsidized Rental Housing
NTEE: L21
Latest filing: 2025
Total Revenue$3.2M
Total Expenses$665K
Total Assets$7.7M
Grant Records1
Filing Years2020–2025
Officers & Directors
Director
Anthony Nganga
Vice President
Carl Howell
Director
Cathy Mercado
Director
Chris Hayes
Director
Douglas Deschenes
Assistant Treasurer
Germaine Vigeant-Trudel
Officer compensation and complete director data available with membership.
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $3.2M | $665K | $7.7M |
| 2024 | $280K | $835K | $5.6M |
| 2023 | $1.3M | $652K | $5.6M |
| 2021 | $1.9M | $652K | $7.5M |
| 2020 | $828K | $908K | $5.1M |
Between 2020 and 2025, reported annual revenue grew from $828K to $3.2M (+284%), with total assets most recently reported at $7.7M.
Interactive year-over-year charts and full filing details available with membership.