Public Charity

THE NEIGHBORHOOD DEVELOPERS INC

THE NEIGHBORHOOD DEVELOPERS INC is a nonprofit organization categorized as Public Charity based in CHELSEA, MA. Its most recent IRS filing (2024) reports revenue of $11.5M, expenses of $8.9M, total assets of $43.4M. Imperigo tracks 76 reported grant relationships connected to this organization totaling approximately $12.9M.

EIN: 042660283 CHELSEA, MA Housing Development, Construction & Management NTEE: L20 Latest filing: 2024
Total Revenue$11.5M
Total Expenses$8.9M
Total Assets$43.4M
Grant Records76
Funding Total$12.9M
Filing Years2019–2024

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

Where $100 goes at The Neighborhood Developers Inc

How The Neighborhood Developers Inc divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$76 Programs the work itself
$18 Management running the organization
$6 Fundraising raising the next dollar

Inside the $76 for programs

$35
Rental properties
46% of program spending
$14
Real state development
18% of program spending · Reported in the filing: 325 homes; 300 homes; 375 homes
$13
Connect
17% of program spending

Plus 3 more programs. Cost per person served and the full program breakdown are on the full profile.

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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

SENIOR PROJECT MANAGER Cassandra Jean Witthaus
TREASURER Charlene Bauer
VICE PRESIDENT Dakeya Christmas
PRESIDENT Faye Dookharan
DIRECTOR Guadalupe Panameno
DIRECTOR Kavish Ghandi

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$11,030,392 50 grants
Economic Development
$454,133 10 grants
Housing & Homelessness
$430,000 2 grants
Civil Rights & Social Justice
$255,500 2 grants
Health & Medicine
$65,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $11.5M $8.9M $43.4M
2023 $8.3M $8.7M $34.9M
2022 $9.9M $9.0M $36.5M
2020 $6.0M $5.9M $37.5M
2019 $4.4M $3.9M $32.4M

Between 2019 and 2024, reported annual revenue grew from $4.4M to $11.5M (+160%), with total assets most recently reported at $43.4M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for THE NEIGHBORHOOD DEVELOPERS INC

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