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.
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.
To develop, own, and operate affordable housing for low and moderate income persons and families in Lowell, Massachusetts, and other communities in Northern Massachusetts.
How Common Ground Development Corporation divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Officer compensation and complete director data available with membership.
| 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.