Mission
TO PARTICIPATE IN THE PROMOTION AND DEVELOPMENT OF AFFORDABLE HOUSING AND ECONOMIC DEVELOPMENT IN THE MAIN SOUTH AREA OF WORCESTER, MASSACHUSETTS.
Public Charity
MAIN SOUTH COMMUNITY DEVELOPMENT CORP
MAIN SOUTH COMMUNITY DEVELOPMENT CORP, of WORCESTER, MA, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $5.1M in revenue, $3.5M in expenses, $18.0M in total assets. 28 publicly reported grants to this organization, totaling roughly $1.6M, appear in IRS filings.
EIN: 042921465
WORCESTER, MA
Economic Development
NTEE: S30
Latest filing: 2024
Total Revenue$5.1M
Total Expenses$3.5M
Total Assets$18.0M
Grant Records28
Funding Total$1.6M
Filing Years2020–2024
Where $100 goes at Main South Community Development Corp
How Main South Community Development Corp divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.
$88
Programs
the work itself
$9
Management
running the organization
$3
Fundraising
raising the next dollar
Inside the $88 for programs
$79
Management of affordable housing previously acquired and developed
$8
Neighborhood revitilization area of Worcester, ma
$1
Economic development and rehabilitation of affordable housing in the main south area of Worcester, ma
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.
Sample Grants Received
COMMUNITY IMPROVEMENT & CAPACITY BUILDING
$20,000
Community Impact
$25,357
COMMUNITY IMPROVEMENT & CAPACITY BUILDING
$22,500
Community Impact
$227,242
COMMUNITY IMPROVEMENT & CAPACITY BUILDING
$25,000
Showing up to 5 of 28 total records — full history available with membership.
Officers & Directors
CLERK
Brandyn Bascones
DIRECTOR
Brenda Jenkins
DIRECTOR
Deborah Sanchez
TREASURER
Eduardo Rivas
DIRECTOR
Fred Taylor
DIRECTOR
Isaac Mcbride
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $5.1M | $3.5M | $18.0M |
| 2023 | $1.6M | $1.6M | $15.5M |
| 2022 | $3.4M | $2.9M | $15.0M |
| 2021 | $3.1M | $2.8M | $14.4M |
| 2020 | $2.0M | $2.6M | $15.7M |
Between 2020 and 2024, reported annual revenue grew from $2.0M to $5.1M (+151%), with total assets most recently reported at $18.0M.
Interactive year-over-year charts and full filing details available with membership.