Public Charity

NEIGHBORHOOD DEVELOPMENT ASSOCINC

NEIGHBORHOOD DEVELOPMENT ASSOCINC is a Public Charity headquartered in LYNN, MA. Financial data from the 2024 filing: $325K revenue, $618K expenses, $10.2M total assets. 7 publicly reported grants to this organization, totaling roughly $161K, appear in IRS filings.

EIN: 043240183 LYNN, MA Latest filing: 2024
Total Revenue$325K
Total Expenses$618K
Total Assets$10.2M
Grant Records7
Funding Total$161K
Filing Years2020–2024

Mission

BLDG HOMES FOR LOW TO MODERATE INCOME BUYERS

Officers & Directors

CHAIRPERSON Christine Newhall
TREASURER Joseph Scanlon
CLERK Richard Burke
VICE CHAIRPE Wascar Deleon

Officer compensation and complete director data available with membership.

Top Grant Purposes

Arts
$102,500 2 grants
GENERAL SUPPORT
$28,000 1 grant
Unrestricted
$19,346 2 grants
EDUCATIONAL
$6,000 1 grant
CAPACITY BUILDING
$5,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $325K $618K $10.2M
2023 $2.9M $3.0M $10.3M
2022 $2.4M $264K $7.9M
2021 $725K $556K $9.6M
2020 $536K $271K $7.8M

Between 2020 and 2024, reported annual revenue declined from $536K to $325K (-39%), with total assets most recently reported at $10.2M.

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

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