Mission
TO PROMOTE LOWELL'S ECONOMIC REVITALIZATION BY PROVIDING SECONDARY FINANCING FOR THE REHABILITATION AND ACQUISITION OF PROPERTIES IN LOWELL.
Public Charity
LOWELL DEVELOPMENT & FINANCIAL CORP
LOWELL DEVELOPMENT & FINANCIAL CORP is a Public Charity headquartered in LOWELL, MA. Financial data from the 2025 filing: $431K revenue, $1.1M expenses, $7.6M total assets. 2 publicly reported grants to this organization, totaling roughly $36K, appear in IRS filings.
EIN: 042603693
LOWELL, MA
Latest filing: 2025
Total Revenue$431K
Total Expenses$1.1M
Total Assets$7.6M
Grant Records2
Funding Total$36K
Filing Years2020–2025
Sample Grants Received
CREATE AND SAVE JOBS
$21,150
CREATE AND SAVE JOBS
$15,000
Showing up to 5 of 2 total records — full history available with membership.
Officers & Directors
EXECUTIVE DI
Allison Lamey
CLERK
Ani Vong
DIRECTOR
Anothny Nganga
DIRECTOR
Carl Howell
DIRECTOR
Cathy Mercado
DIRECTOR
Daniel Field
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $431K | $1.1M | $7.6M |
| 2024 | $459K | $501K | $8.5M |
| 2023 | $501K | $425K | $7.1M |
| 2021 | $473K | $274K | $6.3M |
| 2020 | $330K | $763K | $6.3M |
Between 2020 and 2025, reported annual revenue grew from $330K to $431K (+31%), with total assets most recently reported at $7.6M.
Interactive year-over-year charts and full filing details available with membership.