NonprofitsLowell Development And Financial Corporation

Community Improvement

Lowell Development And Financial Corporation

LOWELL, MA

Total revenue

$459K

Total expenses

$501K

Net assets

$6.1M

Grants received

$36K

2 grants

EIN

042603693

Tax year

2023

Mission

The ldfc is a nonprofit development corporation established in 1975 to promote lowell's economic revitalization and to provide secondary financing for the rehabilitation and acquisition of properties in lowell.

Financials

FY 2023

Revenue

Contributions & grants$36K
Program service revenue$120K
Investment income$121K
Other revenue$182K
Total revenue$459K

Expenses

Grants paid
Salaries & benefits$281K
Fundraising
Other expenses$220K
Total expenses$501K
Total assets$8.5M
Net assets$6.1M

People

37 listed

NameRoleCompensation

ALLISON LAMEY

EXECUTIVE DI

Board

$138K

35 hrs/wk

JAMES HOGAN

PRESIDENT

Board

5 hrs/wk

KARA DOYLE

TREASURER

Board

5 hrs/wk

YUN-JU CHOI

CLERK

Board

5 hrs/wk

SHANNON ARENBURG

DIRECTOR

Board

YOVANI BAEZ-ROSE

DIRECTOR

Board

TREVOR BLOOM

DIRECTOR

Board

JANE CALVIN

DIRECTOR

Board

GARY CAMPBELL

DIRECTOR

Board

PAUL CAREY

DIRECTOR

Board

LINDA CHAN FLYNN

DIRECTOR

Board

SOKHARY CHAU

DIRECTOR

Board

JULIE CHEN

DIRECTOR

Board

DANIEL FIELD

DIRECTOR

Board

KAREN FREDERICK

DIRECTOR

Board

JULIE GALONSKA

DIRECTOR

Board

ROBERT GILMAN

DIRECTOR

Board

THOMAS GOLDEN

DIRECTOR

Board

RAYMOND HAMILTON

DIRECTOR

Board

STACIE HARGIS

DIRECTOR

Board

STEVEN JONCAS

DIRECTOR

Board

ERIN KELLY

DIRECTOR

Board

EDWARD KENNEDY

DIRECTOR

Board

JAMES LINNEHAN JR

DIRECTOR

Board

GLYNN LLOYD

DIRECTOR

Board

DEBORAH MCADAMS

DIRECTOR

Board

DANIELLE MCFADDEN

DIRECTOR

Board

CATHY MERCADO

DIRECTOR

Board

ANOTHNY NGANGA

DIRECTOR

Board

MARYANN PICARD

DIRECTOR

Board

JENNIFER RAITT

DIRECTOR

Board

PHILIP SISSON

DIRECTOR

Board

SOPHAN SMITH

DIRECTOR

Board

ANI VONG

DIRECTOR

Board

JAMES WILDE

DIRECTOR

Board

PARKER WILLIAMS

DIRECTOR

Board

MARIA ZEQO

DIRECTOR

Board

Grants received

Showing 2 of 2

FromAmountPurposeYear
$21K
CREATE AND SAVE JOBS
2021
$15K
CREATE AND SAVE JOBS
2020

Funded by

$36K from 1 funder · 2 grants · 2020–2021

Cambodian Mutual Assistance

$36K · 2 grants · 2020–2021

Details

EIN042603693
NTEE codeS310
Subsection03
Ruling date1977-02
Formed1975
Employees2
LOWELL DEVELOPMENT AND FINANCIAL CORPORATION — Mission, Financials & Grants Received | Grantivo